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Job title: Commercial Insurance Broker
Salary: to £40,000
Location: Newcastle
Purpose of the role:
Exciting opportunity to join a market leading broking organisation as they expand by opening their first branch in Newcastle. The role will see you assist in the success and growth of the branch, whilst working closely with the branch director and account executives, you will be responsible for broking and placement of new and existing commercial insurance risks.
Key responsibilities:
- Broking mid/large commercial and corporate insurance risks.
- Working with AE's you will design and tailor insurance solutions in line with client's requirements.
- Liaise with decision makers, stakeholders, insurers etc to provide a cost-effective broking service.
- Adhered to company and FCA regulations and guidelines.
- Identify appropriate markets for placement of corporate insurance risks.
- Provide technical and expert advice to key clients.
- Cultivate strong insurer relationships.
- Prepare market presentations and negotiate with insurers.
- Deliver tailored insurance solutions in conjunction with branch directors, account executives and risk managers.
- Keep Acturis records up to date.
Experience:
- A technical background with experience gained within commercial/corporate insurance broking.
- A comprehensive understanding of most classes of commercial insurance risk including property, motor, fleet, EL, PL, commercial combined, etc.
- Confident handling new and existing business, providing quotations, handling renewals, MTA's, market submissions, presentations, negotiations, etc.
- Good relationships with local and regional insurers.
- Acturis experience would be preferred.
- Progression towards achieving CII qualifications.
- Strong presentations and negotiation skills.
- Ability to work as part of a wider team and contribute to the team.
- Track record of building strong insurer and client relationships.
- Acturis experience essential as well as being computer literate.
- ACII qualifications or working towards preferred.
Benefits:
- Competitive salary and bonus package
- Car allowance30 days holiday (including bank holidays), increasing through length of service.
- Full benefits suite designed with your health and financial protection in mind:
- Life Assurance up to 4x salary, protecting your loved ones in case the worst should happen.
- Income protection, guaranteeing an income for up to 5 years in the event of an illness or injury.
- Contributory pension scheme - 4% employer contribution and 5% employee contribution, rising to 5% & 5% in April 2025
- Access to a Healthcare Cashplan, which gives you access to a variety of health related benefits.
- Access to a host of lifestyle and financial benefits that you can choose from:
- Discounts on gym membership across the UK
- Salary sacrifice schemes - Travel Insurance, Cycle to Work, Car leasing, Technology purchase.
- Access to discounted personal health policies - Critical illness, private medical, dental plans
- A range of insurance products available commission free, including home, motor, travel and specialist vehicles
- Access to hundreds of high-street retailer discounts
For more information on this role, please contact or call me on 0141 327 0074
