Wholesale Broker

Wholesale Broker

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Build relationships and deliver tailored insurance solutions in a dynamic team environment.
  • Company: Join a progressive, client-driven organisation committed to diversity and inclusion.
  • Benefits: Competitive salary, professional development, and a supportive workplace culture.
  • Why this job: Make an impact in the insurance industry while growing your career.
  • Qualifications: Experience in wholesale insurance and strong communication skills required.
  • Other info: Empowering environment with opportunities for networking and skill enhancement.

The predicted salary is between 36000 - 60000 £ per year.

We are seeking a driven, organized, and detail-oriented Wholesale Broker to join our growing team. In this role, you will play a critical part in maintaining and expanding our portfolio of clients, while collaborating within a dynamic environment. As a Wholesale Broker, you will leverage your knowledge in insurance and your experience as a Wholesale Account Executive to deliver exceptional service, build strong relationships, and drive success. We are committed to fostering a workplace that promotes diversity, equity, and inclusion. We encourage candidates from all backgrounds and identities to apply, as we value the unique perspectives and experiences that enhance our team's capabilities and culture.

Responsibilities

  • Build and maintain strong relationships with retail insurance agents, carriers, and other key stakeholders.
  • Develop customized insurance solutions and offer expert guidance to meet the specific needs of your clients.
  • Secure new business opportunities and maintain a robust pipeline of leads to achieve revenue goals.
  • Act as a consultant to retail agents, providing them with expert insurance advice and insights regarding market conditions.
  • Negotiate terms and pricing with insurance carriers on behalf of clients to secure the most competitive packages.
  • Ensure timely and accurate processing of all insurance quotes, renewals, and endorsements.
  • Stay up to date on industry trends, regulatory changes, and emerging risks to better serve your clients and the organization.
  • Monitor and address any service issues to ensure client satisfaction and retention.

Qualifications

  • Proven experience in wholesale insurance or as a Wholesale Account Executive, or a related role.
  • In-depth knowledge of insurance markets, products, and coverage options.
  • Strong negotiation and communication skills with the ability to build trust and credibility with clients and carriers.
  • Highly organized with the ability to manage multiple clients, tasks, and deadlines efficiently.
  • Proficient in using industry-standard relationship management tools and software.
  • Analytical and detail-oriented with strong problem-solving skills.
  • A state broker/producer license or the ability to obtain one within 90 days of hire may be required, depending on the territory of operation.
  • A commitment to promoting diversity, inclusivity, and equity during all interactions, both internally and externally.

Day-to-Day

  • Collaborate with retail agents, underwriters, and team members to find and deliver tailored insurance solutions.
  • Conduct daily market analysis to explore competitive insurance options for prospective and existing accounts.
  • Engage in phone calls, emails, and meetings to address inquiries and provide updates to clients and carriers.
  • Prepare, review, and present quotes and proposals to retail agents in a clear and professional manner.
  • Track and report your progress against sales targets and identify opportunities for growth or improvement.
  • Provide support to retail agents in resolving claims, billing, or coverage concerns.
  • Contribute to team meetings by sharing insights, strategies, and market updates.
  • Participate in professional development and industry networking opportunities to stay informed and enhance your skills.

We believe in creating an environment where everyone feels empowered to contribute and grow. If you're ready to make an impact and bring your expertise to a progressive, client-driven organization, we want to hear from you! Apply now and be part of a team that's shaping the future of wholesale insurance, one innovative solution at a time. NRG is an equal opportunities employer committed to promoting a diverse and inclusive workplace. We oppose all forms of unlawful or unfair discrimination on the grounds of any protected characteristic. Our aim is to create an environment that encourages diversity, builds on individual differences, and responds equitably to the needs of all. We proactively take steps to fulfil our legal obligations, remove barriers, monitor for fairness, reflect the communities we serve, and enforce a zero-tolerance policy for breaches of our Equality and Diversity policy.

Wholesale Broker employer: NRG Resourcing Ltd

At NRG, we pride ourselves on being an exceptional employer that values diversity, equity, and inclusion in the workplace. As a Wholesale Broker, you will thrive in a dynamic environment that encourages collaboration and professional growth, with ample opportunities to build strong relationships and make a meaningful impact in the insurance industry. Our commitment to employee development, coupled with a supportive culture, ensures that every team member can contribute their unique perspectives while advancing their career in a progressive organisation.
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Contact Detail:

NRG Resourcing Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Wholesale Broker

✨Tip Number 1

Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.

✨Tip Number 2

Showcase your expertise! When you get the chance to chat with someone, whether it’s an interview or a casual coffee, make sure to highlight your knowledge of the insurance market. Share insights and trends you’ve noticed – it’ll show you’re not just another candidate, but a valuable resource.

✨Tip Number 3

Follow up after meetings or interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them of your discussion and reinforce your interest in the role.

✨Tip Number 4

Don’t forget to apply through our website! We love seeing applications come directly from candidates who are genuinely interested in joining our team. Plus, it shows you’re proactive and keen to be part of our dynamic environment.

We think you need these skills to ace Wholesale Broker

Insurance Knowledge
Relationship Management
Negotiation Skills
Communication Skills
Organisational Skills
Analytical Skills
Problem-Solving Skills
Market Analysis
Client Consultation
Sales Target Tracking
Proficiency in Relationship Management Tools
Attention to Detail
Adaptability
Commitment to Diversity and Inclusion

Some tips for your application 🫡

Show Your Experience: When you're writing your application, make sure to highlight your experience in wholesale insurance or as a Wholesale Account Executive. We want to see how your background aligns with the role, so don’t hold back on those relevant details!

Tailor Your Application: Take a moment to customise your application for this specific role. Mention how your skills in negotiation and relationship building can help us maintain and expand our client portfolio. It shows us you’re genuinely interested and have done your homework!

Be Professional Yet Authentic: While we love professionalism, we also appreciate authenticity. Let your personality shine through in your writing! Share your passion for the insurance industry and how you can contribute to our diverse and inclusive workplace.

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 gives you a chance to explore more about our company culture and values.

How to prepare for a job interview at NRG Resourcing Ltd

✨Know Your Insurance Stuff

Make sure you brush up on your knowledge of insurance markets, products, and coverage options. Being able to discuss these confidently will show that you're not just a candidate, but a potential expert who can provide valuable insights to clients and retail agents.

✨Build Rapport with Your Interviewers

Since relationship-building is key in this role, practice how you can connect with your interviewers. Use their names, ask about their experiences, and share relevant anecdotes that demonstrate your ability to foster strong relationships in a professional setting.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific situations, like negotiating terms or resolving client issues. Think of examples from your past experience where you successfully navigated similar challenges, and be ready to explain your thought process.

✨Show Your Organisational Skills

As a Wholesale Broker, you'll need to juggle multiple clients and tasks. Be prepared to discuss how you stay organised and manage your time effectively. You might even want to bring along a planner or digital tool you use to showcase your methods.

Wholesale Broker
NRG Resourcing Ltd
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