Commercial Insurance Broker
Commercial Insurance Broker

Commercial Insurance Broker

Worcester Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage existing commercial insurance accounts and provide top-notch customer service.
  • Company: Join SJL Insurance Services, a forward-thinking broker serving clients nationally and internationally.
  • Benefits: Enjoy a supportive work environment with opportunities for professional development and learning.
  • Why this job: Be part of a dynamic team that values integrity, respect, and continuous growth.
  • Qualifications: Strong communication skills and a willingness to learn about insurance products are essential.
  • Other info: Flexible working hours available; perfect for students balancing studies and work.

The predicted salary is between 28800 - 43200 £ per year.

SJL Insurance Services is an innovative, forward-thinking insurance broker that provides a high-quality, professional service to a national and international portfolio of clients.

As a Commercial Insurance Broker you will oversee a varied panel of existing commercial business, which will give opportunity and exposure to new product learning. Broking the existing book you will strive to retain, cross sell and upsell where possible throughout both Renewal and MTA. Working with customers, it is vitally important that you ensure an excellent level of customer service at all times, meeting the demands and needs of each, in line with our compliance framework. It is also important that you have the ability to identify any additional client requirements, ensuring that you provide insurance advice and solutions as a result.

Responsibilities & Duties:

  • To ensure all renewals are invited as per FCA guidelines (in good time), compliantly and efficiently
  • To develop ongoing, mutually beneficial relationships with clients, introducers and insurers
  • Adhere to company policies in company handbook
  • Embrace and use Broker Assess for CPD, ensuring you meet standards as laid out by the firm
  • Regular reporting to Senior Executive
  • Supervise or carry out data capture for renewals and enquiries promptly, ensuring fair treatment of our clients
  • Prepare market presentation and carry out broking exercises as instructed
  • Ensure that you contribute to making SJL the best possible working environment where all external and internal stakeholders are treated with respect, fairness and transparency
  • To always act with integrity, due care, skill and diligence, observing proper standards of market conduct

Skills Required:

  • Ability to prioritise and organise workloads, ensuring deadlines are adhered to
  • Ability to construct effective written communications, including letters, emails and reports
  • Ability to liaise confidently and effectively via the telephone, in writing and face to face
  • Knowledge and understanding of a wide range of insurance contracts including current market conditions
  • Knowledge and understanding of FCA rules and guidelines as well as GDPR & IDD
  • Knowledge and understanding of the firms IT system and use of its computer quotation engines
  • Willingness to continue to learn and develop

Commercial Insurance Broker employer: Workforce

SJL Insurance Services is an exceptional employer that fosters a dynamic and supportive work culture, prioritising employee development and growth. With a commitment to providing high-quality service to a diverse client base, employees benefit from ongoing training opportunities and a collaborative environment that encourages innovation. Located in a vibrant area, the company offers a balanced work-life schedule, ensuring that team members can thrive both professionally and personally.
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Contact Detail:

Workforce Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Insurance Broker

✨Tip Number 1

Familiarise yourself with the latest FCA guidelines and compliance requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to adhering to industry standards.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work as brokers. Attend industry events or join online forums to gain insights and potentially get referrals that could lead to job opportunities.

✨Tip Number 3

Showcase your customer service skills during any interactions with the company. Whether it's through a phone call or an informal chat, emphasise your ability to build relationships and provide tailored solutions to clients.

✨Tip Number 4

Research SJL Insurance Services thoroughly. Understand their values, services, and client base so you can tailor your conversations and show how you can contribute to their goals and culture.

We think you need these skills to ace Commercial Insurance Broker

Customer Service Excellence
Relationship Management
Insurance Product Knowledge
FCA Compliance Understanding
GDPR Knowledge
Effective Communication Skills
Written Communication Skills
Data Capture and Management
Market Analysis
Time Management
Organisational Skills
Problem-Solving Skills
Negotiation Skills
IT Proficiency in Quotation Systems
Continuous Learning and Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance. Emphasise your ability to manage existing business, cross-sell, and provide excellent customer service, as these are key aspects of the role.

Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the insurance industry and your commitment to client relationships. Mention specific examples of how you've successfully managed renewals or developed client relationships in the past.

Highlight Relevant Skills: In your application, clearly outline your skills related to prioritising workloads, effective communication, and knowledge of FCA guidelines. These skills are crucial for the Commercial Insurance Broker position.

Show Willingness to Learn: Express your eagerness to continue learning and developing within the insurance field. Mention any relevant courses or certifications you have completed or plan to pursue, as this aligns with the company's values.

How to prepare for a job interview at Workforce

✨Know Your Insurance Basics

Make sure you brush up on your knowledge of various insurance contracts and current market conditions. Being able to discuss these topics confidently will show that you're well-prepared and knowledgeable about the industry.

✨Demonstrate Customer Service Skills

Since the role emphasises excellent customer service, be ready to share examples of how you've successfully managed client relationships in the past. Highlight your ability to identify client needs and provide tailored solutions.

✨Familiarise Yourself with FCA Guidelines

Understanding the Financial Conduct Authority (FCA) rules is crucial for this position. Be prepared to discuss how you would ensure compliance in your work, especially regarding renewals and client interactions.

✨Show Your Organisational Skills

The job requires prioritising workloads and meeting deadlines. Prepare to talk about your time management strategies and how you keep track of multiple tasks, especially in a fast-paced environment.

Commercial Insurance Broker
Workforce
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  • Commercial Insurance Broker

    Worcester
    Full-Time
    28800 - 43200 £ / year (est.)

    Application deadline: 2027-07-07

  • W

    Workforce

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