At a Glance
- Tasks: Manage and develop commercial insurance client portfolios while delivering tailored solutions.
- Company: Established insurance broking firm in Chelmsford with a supportive team culture.
- Benefits: Competitive salary, full-time hours, and opportunities for professional development.
- Other info: Dynamic role with opportunities to grow within a reputable company.
- Why this job: Build strong client relationships and make a real impact in the insurance industry.
- Qualifications: Experience in commercial insurance broking and strong communication skills required.
A client of ours in the Chelmsford area is looking to recruit an experienced Commercial Insurance Broker to join their team on a full-time office based, permanent basis. This is a great opportunity for someone with previous commercial insurance broking experience who enjoys building strong client relationships, managing a portfolio and delivering tailored insurance solutions. The successful candidate will play an important role in managing and developing commercial client accounts, working closely with clients, insurers and underwriters to secure competitive insurance cover that meets their individual business needs.
Key Responsibilities
- Manage and develop a portfolio of commercial insurance clients, providing a professional and proactive broking service.
- Build and maintain strong relationships with existing clients, insurers and underwriters.
- Understand clients' businesses, risk exposures and insurance requirements to recommend appropriate insurance solutions.
- Manage new business enquiries and renewals from initial discussions through to quotation, negotiation and policy placement.
- Obtain, review and negotiate competitive quotations, premiums, terms and cover with insurers.
- Prepare market presentations, risk submissions, renewal reports and supporting documentation.
- Review policy wordings, schedules and endorsements, ensuring accuracy and suitability of cover.
- Identify opportunities to cross-sell additional products and develop existing client relationships.
- Maintain accurate client records and ensure all activities meet FCA, Consumer Duty and internal compliance requirements.
Skills & Experience Required
- Previous experience working within commercial insurance broking is essential.
- Practical experience dealing with Fleet, Goods in Transit, Commercial Property and Construction insurance is essential.
- Good understanding of commercial insurance products, insurer markets and the policy placement process.
- Experience managing renewals, obtaining quotations and negotiating terms with insurers.
- Confident building relationships and communicating with commercial clients, insurers and underwriters.
- Strong organisational skills, attention to detail and the ability to manage competing deadlines.
- A proactive approach to client service, problem-solving and business development.
- CII qualifications, or a willingness to work towards them, would be advantageous.
- A good understanding of FCA regulations and Consumer Duty requirements.
What's on Offer?
- Salary of £27,000 – £32,000 per annum, depending on experience.
- Full-time, permanent position.
- Monday to Friday, 9am – 5pm.
- Opportunity to develop and build strong commercial client relationships.
- A varied role within an established insurance broking environment.
If you have a background in commercial insurance broking and experience across Fleet, Goods in Transit, Commercial Property and Construction, we'd love to hear from you. Apply today with your CV to be considered for this opportunity.
Locations
Commercial Insurance Broker in Essex, Springfield employer: Prime-Appointments
Join a well-established manufacturing business in Ipswich that values its employees and fosters a supportive work culture. With competitive pay rates and a focus on safety, this company offers a dynamic environment where you can grow your skills as a Press Brake Operator while contributing to high-quality production. Enjoy the benefits of a Monday to Friday schedule, allowing for a healthy work-life balance in a thriving community.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Insurance Broker in Essex, Springfield
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Prime-Appointments). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Prime-Appointments. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Insurance Broker in Essex, Springfield
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Prime-Appointments.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Prime-Appointments. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Prime-Appointments
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Prime-Appointments to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Prime-Appointments, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Prime-Appointments's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
