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Commercial Broker

Lawes Consulting Group
Posted a day ago, valid for 11 days
Location

Hamilton, South Lanarkshire ML3 7NF, Scotland

Salary

£30,000 - £36,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The job title is Commercial Insurance Brokers and Account Handlers, located in Lanarkshire.
  • The salary offered for this position is £28,000.
  • Candidates should have proven experience within the commercial insurance broking marketplace.
  • Key responsibilities include managing commercial insurance risks, building client relationships, and ensuring compliance with regulations.
  • Strong communication and negotiation skills, along with the ability to design insurance programs, are essential for this role.

Job title: Commercial Insurance Brokers and Account Handlers

Salary: £28,000

Location: Lanarkshire

Purpose of role:

As an insurance broker, underwriter or sales advisor you will be joining an established broking company who is expanding its team.

Key responsibilities:

Customer Focus:

  • Understand and prioritize the insurance needs of clients.
  • Tailor insurance solutions to effectively address client requirements.
  • Manage new and existing commercial insurance risks such as haulage, construction, transportation, etc.

Relationship Management:

  • Build and maintain strong relationships with clients and insurers.
  • Act as a mentor and technical reference point, helping as needed.
  • Manage senior relationships and negotiate complex placements within the insurance market.
  • Collaborate closely with account executives or manage your own portfolio of SME/mid-size risks.

Collaboration and Advice:

  • Assist in driving a high-performing culture within the team.

Compliance and Regulation:

  • Operate within agreed compliance and regulation guidelines.
  • Handle quotations, renewals, Mid-Term Adjustments (MTAs), policy issues, etc., in accordance with regulatory standards.

Market Understanding:

  • Understand a client or prospect's business, identifying situations, opportunities, and key challenges.

Experience:

  • Proven experience within the commercial insurance broking marketplace.
  • Comprehensive knowledge of diverse commercial insurance risk classes.
  • Ability to identify appropriate placing markets.
  • Adept at pricing and designing insurance programs.
  • Track record of cultivating new and existing client and insurer relationships.
  • Act as a mentor and go-to resource for technical assistance.
  • In-depth knowledge of the insurance market to effectively address client and technical issues.
  • Capability to comprehend a client or prospect's business, recognizing situations, opportunities, and key challenges.
  • Strong communication, negotiation, and interpersonal skills.
  • Excellent technical skills in articulating complex insurance concepts.
  • Demonstrated ability to deliver compelling presentations. Adherence to agreed compliance and regulation guidelines.
  • Contribution to fostering a high-performing culture within the organization.
  • Proficiency in managing senior relationships and adept negotiation skills for complex placements within the insurance market.

If you have the relevant experience or know someone that does please get in touch with me at   or email me on

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.