At a Glance
- Tasks: Generate and manage insurance contracts while building strong relationships with clients and underwriters.
- Company: Respected Lloyd's broker in a dynamic London environment.
- Benefits: Competitive salary, professional growth, and a supportive team culture.
- Other info: Fast-paced role with diverse tasks and opportunities for career advancement.
- Why this job: Join a small team where your expertise makes a real difference in the insurance industry.
- Qualifications: Minimum 5 years' experience with a Lloyd's broker and strong relationship-building skills.
The predicted salary is between 60000 - 80000 £ per year.
A highly regarded Broker based near to Fenchurch Street is seeking to expand their operation in London. Suitable candidates for the position will already have gained a minimum of 5 years’ experience working with a Lloyd’s broker and will be looking for a new challenge within a small and respected Lloyd’s broker. The candidate will be dealing with Non Marine and Property Treaty XL Business. You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.
Reporting directly to the Divisional Director you will be responsible for the following duties:
- Generate new contract and renewal enquiries.
- Submit enquiries to underwriters in the market.
- Submit endorsements and amendments to existing policies for approval.
- Develop and maintain new and existing relationships with Underwriters, Agents and Clients.
- Provide support to the director with regard to all broking requirements.
- Research (Re)insurance companies and their various products to find the most suitable insurance for clients at the best terms and price.
- Arrange specialised (Re)insurance cover in complex cases; preparing reports for underwriters and negotiating as required.
- Advise clients/agents on specific risk management.
- Produce and process open market slips and assist with binding authorities.
- Produce slips/endorsements and lines.
Non Marine Broker Property XL Treaty employer: The Recruiter Specialists Group Ltd
Join a highly regarded Lloyd's broker located near Fenchurch Street, where you will thrive in a dynamic and supportive work environment. With a strong emphasis on employee growth, this company offers opportunities to develop your skills while working closely with experienced professionals in the industry. Enjoy the benefits of a collaborative culture that values innovation and fosters meaningful relationships with clients and underwriters alike.
Contact Details:
The Recruiter Specialists Group Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Non Marine Broker Property XL Treaty
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, especially those in the Lloyd’s market. Attend events, join online forums, and don’t be shy to reach out on LinkedIn – you never know who might have the inside scoop on job openings.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers, highlight your experience with Non Marine and Property Treaty XL Business. Share specific examples of how you've generated enquiries or built relationships with underwriters – it’ll make you stand out!
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Reach out directly to brokers you admire and express your interest in working with them. A well-timed email can open doors that aren’t even on the market yet.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to submit your application. Plus, it shows you’re serious about joining our team and helps us keep track of your application more efficiently.
We think you need these skills to ace Non Marine Broker Property XL Treaty
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience with Lloyd’s brokers and your expertise in Non Marine and Property Treaty XL Business. We want to see how your background aligns with the role, so don’t hold back on showcasing relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this opportunity and how your skills can benefit our team. We love seeing genuine enthusiasm, so let your personality come through!
Showcase Your Relationship-Building Skills:Since the role involves developing and maintaining relationships with Underwriters, Agents, and Clients, make sure to highlight any relevant experiences. We want to know how you’ve successfully built connections in the past!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at The Recruiter Specialists Group Ltd
✨Know Your Stuff
Make sure you brush up on your knowledge of Non Marine and Property Treaty XL Business. Familiarise yourself with the latest trends and challenges in the market, as well as the specific products offered by various (Re)insurance companies. This will show that you're not just a candidate, but someone who is genuinely interested in the field.
✨Showcase Your Experience
With a minimum of 5 years’ experience required, be ready to discuss your previous roles in detail. Prepare examples of how you've generated new contract enquiries or maintained relationships with underwriters and clients. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Demonstrate Your Negotiation Skills
Since you'll be negotiating with underwriters and preparing reports, it's crucial to highlight your negotiation skills during the interview. Share specific instances where you've successfully negotiated terms or resolved complex cases, showcasing your ability to handle pressure and achieve favourable outcomes.
✨Ask Insightful Questions
Prepare thoughtful questions to ask the interviewer about the company culture, team dynamics, and expectations for the role. This not only shows your interest in the position but also helps you gauge if the company is the right fit for you. For example, you might ask about the types of clients they typically work with or how they support professional development.
