Insurance Broker

Insurance Broker

Worcester Full-Time 28000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage client portfolios and provide expert insurance advice daily.
  • Company: Join a dynamic, independent insurance broker focused on employee development.
  • Benefits: Enjoy hybrid working, generous holidays, and support for professional qualifications.
  • Why this job: Build strong client relationships while growing your career in a supportive environment.
  • Qualifications: 2 years' experience in commercial insurance and excellent communication skills required.
  • Other info: Familiarity with Acturis is a plus, but not essential.

The predicted salary is between 28000 - 42000 £ per year.

Job Description

We are working with a truly Independent Insurance Broker who have been offering expert advice to a wide variety of businesses for many years. This is a great opportunity to join a dynamic and employee focussed business who will invest time and money into developing you and your career.

As an Insurance Broker / Account Handler you will:-

  • Manage a portfolio of existing commercial insurance clients across industries.
  • Provide expert advice on a wide range of commercial insurance products.
  • Handle renewals, mid-term adjustments, and assist with new business quotations.
  • Liaise with insurers to obtain competitive terms and ensure suitable cover is arranged.
  • Prepare and issue accurate and timely policy documentation.
  • Support Account Executives with technical and administrative assistance.
  • Ensure compliance with FCA regulations and company procedures at all times.
  • Proactively identify opportunities for cross-selling or up-selling insurance products.
  • Build strong, long-lasting client relationships based on trust and service excellence.

As an Insurance Broker / Account Handler you will have:-

  • Minimum 2 years' experience as a Commercial Account Handler
  • Strong knowledge of the UK commercial insurance market and a broad range of commercial products.
  • Excellent communication, negotiation, and interpersonal skills.
  • Ability to manage workloads effectively and meet tight deadlines.
  • High attention to detail and accuracy in documentation and system input.
  • Familiarity with Acturis is highly desirable, but not essential for the right person.
  • Cert CII qualified (or working towards) is preferred but not essential.

As an Insurance Broker / Account Handler you will get:-

  • Salary to £35,000 based on experience
  • Hybrid working opportunities (where applicable).
  • Support for professional qualifications (CII).
  • Generous holiday allowance.
  • Pension contribution scheme.
  • Friendly and supportive team environment.

Insurance Broker employer: Stride Resource Management

Join a truly independent Insurance Broker that prioritises employee development and offers a dynamic work environment. With a strong focus on professional growth, generous holiday allowances, and hybrid working opportunities, this company fosters a supportive team culture where you can thrive in your career while building lasting client relationships.
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Contact Detail:

Stride Resource Management Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Broker

✨Tip Number 1

Familiarise yourself with the UK commercial insurance market. Understanding the various products and trends will not only boost your confidence during interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the insurance industry. Attend relevant events or join online forums to connect with current brokers. This can provide you with valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your negotiation skills. As an Insurance Broker, you'll need to negotiate terms with insurers and clients alike. Consider role-playing scenarios with friends or colleagues to practice.

✨Tip Number 4

Research the company culture of the broker you're applying to. Understanding their values and how they support employee development can help you tailor your approach and show that you're a good fit for their team.

We think you need these skills to ace Insurance Broker

Commercial Insurance Knowledge
Client Relationship Management
Communication Skills
Negotiation Skills
Attention to Detail
Time Management
FCA Compliance Knowledge
Portfolio Management
Cross-Selling and Up-Selling Skills
Technical and Administrative Support
Documentation Accuracy
Problem-Solving Skills
Team Collaboration
Acturis Familiarity

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience as a Commercial Account Handler. Emphasise your knowledge of the UK commercial insurance market and any relevant qualifications, such as Cert CII.

Craft a Compelling Cover Letter: Write a cover letter that showcases your communication and interpersonal skills. Mention specific examples of how you've built strong client relationships and provided expert advice in previous roles.

Highlight Relevant Experience: In your application, focus on your experience managing a portfolio of clients, handling renewals, and liaising with insurers. Use metrics or achievements to demonstrate your success in these areas.

Show Enthusiasm for Development: Express your eagerness to grow within the company and take advantage of their support for professional qualifications. This shows you are committed to your career and aligns with their employee-focused culture.

How to prepare for a job interview at Stride Resource Management

✨Know Your Insurance Products

Make sure you have a solid understanding of the various commercial insurance products available in the UK market. Be prepared to discuss how these products can meet different client needs, as this will demonstrate your expertise and ability to provide tailored advice.

✨Showcase Your Communication Skills

As an Insurance Broker, strong communication skills are essential. Practice articulating your thoughts clearly and confidently. During the interview, focus on how you can build relationships with clients and insurers alike, highlighting any past experiences where you've successfully negotiated terms.

✨Demonstrate Attention to Detail

Given the importance of accuracy in documentation and compliance with FCA regulations, be ready to share examples of how you've maintained high standards in your previous roles. This could include discussing specific instances where your attention to detail made a significant difference.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think about situations where you've had to handle renewals or mid-term adjustments, and be ready to explain your thought process and the outcomes of your actions.

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