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Senior Broker

MACTALENT LTD
Posted a month ago, valid for 10 days
Location

London, Greater London EC1R 0WX

Salary

£50,000 - £100,000 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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  • Salary: Not specified
  • Year of experience required: Experience of working in a similar or related role
  • Reviews submissions in conjunction with account handlers/executives
  • Plans appropriate solutions for client’s demands
  • Devises placing strategies and negotiates with underwriters

Overview: • Reviews submissions in conjunction with the account handlers/executives, to ensure that information presented to the market is comprehensive and accurate • Plans the most appropriate solution for the client’s demands and needs. • Devises placing strategies and identifies effective product layering • Negotiates with underwriters to place insurance that balances quality, coverage and price • Reviews wordings and gathers appropriate market intelligence to ensure the company’s product offering is up to date and relevant to current/respective market conditions/requirements • Develops strong relationships with markets • Provides broking guidance and support for more junior members of the Team • Responds to market and third party queries as appropriate • Ensures up to date records are maintained at all times on the Company’s/Group’s systems • Complies with all applicable, legal, fiscal and regulatory obligations in the form of policies and procedures • Ensures correct authorisation is obtained and processes followed when required by the Operating Entity and/or Group • Ensures performance, HR and T&C records are up to date and meet the Operating Entity and/or Group’s requirements • Maintains accurate records and deals with correspondence appropriately • Operates in an honest, professional and ethical manner • Strictly adheres to the Group Employee Code of Conduct • Completes all relevant regulatory training

Knowledge: • Experience of working in a similar or related role • Excellent knowledge of the insurance market • Excellent relationships with relevant underwriters • Specific product knowledge • Highly regarded by peers and market contacts • Good understanding of relevant regulatory and legal frameworks • Good understanding of the company’s strategic goals and how broker activity contributes to these • Previous underwriting experience • Previous experience in operating a Delegated Authority Scheme Experience: • Customer focused approach • Highly numerate and literate • Excellent communication and interpersonal skills • Able to work independently and use initiative • Able to work flexibly to achieve tight deadlines/targets with good time management skills • Good decision making and analytical skills • Calm and resilient under pressure • Able to positively react to change • Able to build sustainable working relationships • Strong negotiation and influencing skills • Strong commercial acumen

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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.