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For Companies At a Glance
- Tasks: Manage and grow an international portfolio of Professional Indemnity, Financial Institutions, and Cyber Risks.
- Company: Independent Lloyd's Wholesale Broker with a focus on client relationships.
- Benefits: Competitive salary, opportunities for travel, and professional development.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: 4-5 years of experience as a Lloyd's Broker with strong relationship-building skills.
- Other info: Collaborative environment with opportunities to mentor junior team members.
The predicted salary is between 50000 - 70000 £ per year.
An independent Lloyd's Wholesale Broker is now in the market for a Broker, who can play a pivotal part in the management and growth of the current book of business. Within this client and market facing role, you will play an instrumental part in the management and growth of an International portfolio of Professional Indemnity, Financial Institutions, Directors & Officers & Cyber Risks.
Role Responsibilities
- Manage a portfolio of International PI, FI, D&O & Cyber business, including the presentation, broking, negotiation, and placement of risks into Lloyd’s, Company, and MGA markets, both in person and via PPL where appropriate.
- Build and maintain strong client relationships through regular engagement, including meetings and presentations, ensuring a thorough understanding of client requirements and maximising cross-selling and new business opportunities.
- New business production via existing company network, networking and industry events, your own personal network or via a commercially minded/independent approach.
- Work collaboratively with insurers to identify suitable markets and develop effective placement strategies.
- Participate in regular broking meetings, contributing to clear communication and collaboration across the team.
- Support the training and development of junior team members.
- Occasional business travel to maintain healthy relationships with clients/retail brokers.
About You
- 4-5 years + of experience required as a Lloyd's Broker.
- Experienced in managing and placing International PI, D&O and Cyber Risks.
- Ability to build and maintain client and market relationships.
- Excellent relationship building and communication skills.
Broker - Professional & Financial Lines in London employer: Nashrock Recruitment
Contact Detail:
Nashrock Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker - Professional & Financial Lines in London
✨Tip Number 1
Networking is key! Get out there and connect with industry professionals at events or through your existing network. Building relationships can lead to opportunities that aren’t advertised.
✨Tip Number 2
Don’t underestimate the power of social media. Use platforms like LinkedIn to showcase your expertise in Professional Indemnity, Financial Institutions, and Cyber Risks. Engage with posts and share insights to get noticed.
✨Tip Number 3
When you land an interview, come prepared with examples of how you've successfully managed and grown portfolios in the past. Show them you’re not just a fit for the role, but a game-changer!
✨Tip Number 4
Finally, don’t forget to check out our website for job openings. We’re always looking for talented individuals who can help us grow and manage our international portfolio. Apply directly through us for the best chance!
We think you need these skills to ace Broker - Professional & Financial Lines in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Broker role. Highlight your experience with International PI, D&O, and Cyber Risks, and don’t forget to showcase your relationship-building skills. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to managing and growing a portfolio, and how you’ve successfully built client relationships in the past.
Showcase Your Networking Skills: Since networking is key in this role, mention any industry events you've attended or connections you've made. We love seeing candidates who are proactive in building their professional network, so let us know how you do it!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Nashrock Recruitment
✨Know Your Portfolio Inside Out
Make sure you’re well-versed in the specifics of Professional Indemnity, Financial Institutions, Directors & Officers, and Cyber Risks. Familiarise yourself with recent trends and challenges in these areas, as this will help you demonstrate your expertise and show that you can manage and grow the portfolio effectively.
✨Showcase Your Relationship-Building Skills
Prepare examples of how you've successfully built and maintained client relationships in the past. Think about specific instances where your communication skills led to new business opportunities or strengthened existing partnerships. This will highlight your ability to engage with clients and insurers alike.
✨Be Ready to Discuss Placement Strategies
Understand the various markets you’ll be working with, including Lloyd’s, Company, and MGA markets. Be prepared to discuss how you would approach risk placement and what strategies you would employ to ensure effective outcomes. This shows that you’re not just a broker but a strategic thinker.
✨Demonstrate Team Collaboration
Since the role involves working closely with junior team members and participating in broking meetings, think of examples where you’ve contributed to team success. Highlight your collaborative spirit and how you’ve supported others in their development, which is key for fostering a positive team environment.