At a Glance
- Tasks: Advise clients in Medtech & Life Sciences on tailored insurance solutions and risk assessments.
- Company: Join the UK's leading Insurtech, revolutionising insurance for the Medtech sector.
- Benefits: Enjoy 25 days holiday, hybrid working, private health insurance, and a great pension scheme.
- Why this job: Be part of a dynamic team, making a real impact in the Medtech industry with innovative solutions.
- Qualifications: Experience in insurance broking or underwriting, strong negotiation skills, and Cert CII qualification required.
- Other info: Work in a fun, modern office in Central London with regular team social events.
The predicted salary is between 36000 - 60000 £ per year.
About the role
Our Medtech & Life Science Broker will be responsible for advising and securing appropriate insurance coverage for clients within the Medtech & Life Sciences industry, including Pharmaceutical, Biotech, Healthcare & Clinical Research companies.
This new role will involve risk assessment, policy negotiation, and client relationship management to ensure tailored insurance solutions that meet the specific needs of Medtech & Life Science businesses.
What you\’ll get up to:
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Develop and maintain strong relationships with clients in the Medtech & Life Sciences sector.
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Assess clients’ risk exposures and provide tailored insurance solutions.
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Provide expert guidance on industry-specific risks such as Product Liability, Clinical Trials, & Professional Indemnity.
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Handle client queries, policy renewals, and mid-term adjustments efficiently.
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Conduct risk assessments to identify potential liabilities in Medtech & Life Science operations.
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Work with insurers to develop specialised coverage solutions, including bespoke wordings.
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Negotiate policy terms, coverage limits, and premiums with underwriters.
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Ensure competitive pricing and appropriate coverage for clients.
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Stay updated on emerging risks in Medtech, Biotech, Pharmaceuticals, and Medical Innovations.
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Build and maintain strong relationships with insurance carriers and underwriters.
About you:
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Experience in insurance broking &/or underwriting within Medtech & Life Science.
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Proven ability to negotiate with insurers and structure tailored coverage solutions.
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Excellent communication, client relationship, and advisory skills.
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Attention to detail in policy documentation and compliance matters.
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Ability to work in a fast-paced and dynamic environment.
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Strong knowledge of Commercial insurance products.
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Cert CII qualification.
In return, we offer you:
- A competitive salary and the ability to grow your career at the UK’s leading Insurtech.
- An amazing team and founders, supportive board and investors.
- 25 days holiday – so there’s plenty of time for work, rest and play.
- Hybrid way of working for the perfect work/life balance.
- Vitality private health and dental insurance.
- Great pension (up to 10% on top of your salary).
- Full access to Spill, our mental health platform.
- Cycle to work scheme.
- Latest Apple tech gear & everything you need to be set up for success.
- Fun, modern and informal office environment with regular team social events.
- Central London location.
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Medtech & Life Science Insurance Broker Advisory and Broking · London employer: Superscript
Contact Detail:
Superscript Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Medtech & Life Science Insurance Broker Advisory and Broking · London
✨Tip Number 1
Familiarise yourself with the specific risks associated with the Medtech and Life Sciences sectors. Understanding areas like Product Liability and Clinical Trials will not only boost your confidence but also demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the Medtech and Life Sciences industries. Attend relevant conferences or webinars to connect with potential clients and industry leaders, which can give you an edge when discussing tailored insurance solutions.
✨Tip Number 3
Stay updated on the latest trends and innovations in Medtech and Life Sciences. Being knowledgeable about emerging risks and advancements will help you engage in meaningful conversations with clients and position yourself as a trusted advisor.
✨Tip Number 4
Practice your negotiation skills. Since this role involves negotiating policy terms and coverage limits, honing your ability to negotiate effectively will be crucial in securing the best outcomes for your clients.
We think you need these skills to ace Medtech & Life Science Insurance Broker Advisory and Broking · London
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Medtech & Life Science Insurance Broker position. Tailor your application to highlight relevant experience in insurance broking or underwriting within this sector.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with risk assessment, policy negotiation, and client relationship management. Use specific examples that demonstrate your ability to provide tailored insurance solutions for clients in the Medtech & Life Sciences industry.
Showcase Your Skills: Make sure to showcase your communication skills, attention to detail, and ability to work in a fast-paced environment. Mention any relevant qualifications, such as Cert CII, and how they contribute to your expertise in commercial insurance products.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your passion for the Medtech & Life Sciences sector. Discuss why you are interested in this role and how you can contribute to the company's success.
How to prepare for a job interview at Superscript
✨Know Your Industry
Familiarise yourself with the Medtech and Life Sciences sectors. Understand the specific risks and insurance needs of companies in these fields, such as Product Liability and Clinical Trials. This knowledge will help you demonstrate your expertise during the interview.
✨Showcase Your Negotiation Skills
Prepare examples of past experiences where you've successfully negotiated policy terms or coverage solutions. Highlight your ability to structure tailored coverage that meets client needs, as this is a key aspect of the role.
✨Emphasise Relationship Management
Be ready to discuss how you've built and maintained strong relationships with clients and insurers in previous roles. This will show your potential employer that you can effectively manage client queries and foster long-term partnerships.
✨Stay Updated on Emerging Risks
Research current trends and emerging risks in the Medtech and Life Sciences industries. Being knowledgeable about recent developments will not only impress your interviewers but also demonstrate your commitment to staying informed in a fast-paced environment.