Senior Broker
6 months ago
**Job Description: Senior Broker / Account Handler - Commercial**
**Position Overview**: As a Senior Broker specializing in Commercial Insurance at arguably the UK's Leading Independent Insurance Broker, you will be a key driver in delivering tailored insurance solutions to businesses across diverse industries. Leveraging your extensive knowledge of commercial insurance products, risk management, and client engagement, you will play a pivotal role in growing our commercial insurance portfolio and ensuring our clients' businesses are protected against potential risks.
**Responsibilities**:
**Client Relationship Management**:
- Develop and nurture strong relationships with existing commercial clients, understanding their unique insurance needs and business objectives.
- Serve as the primary point of contact for clients, providing expert advice, addressing inquiries, and ensuring exceptional service delivery.
**Insurance Advisory and Risk Assessment**:
- Utilize your in-depth understanding of commercial insurance products and risk management principles to assess clients' risk profiles.
- Collaborate with clients to develop comprehensive insurance strategies that align with their business goals and risk tolerance.
**Tailored Insurance Solutions**:
- Design and propose customized insurance solutions that meet the specific needs of clients' businesses, including property, manufacturing, retail, wholesale, cyber, construction, engineering and officers (D&O), and more.
- Evaluate and negotiate coverage terms and premiums with underwriters to secure the most advantageous terms for clients.
**New Business Development**:
- Identify and pursue opportunities to expand the commercial insurance client base through targeted prospecting, networking, and relationship-building activities.
- Lead the preparation and presentation of compelling insurance proposals to potential clients, highlighting the value of our specialized services.
**Market and Industry Expertise**:
- Stay abreast of industry trends, emerging risks, and regulatory changes impacting the commercial insurance landscape.
- Share insights and updates with clients and internal teams to facilitate informed decision-making.
**Mentorship and Collaboration**:
- Provide guidance and mentorship to junior brokers, sharing your expertise and supporting their professional growth.
- Collaborate with cross-functional teams, such as claims and risk management, to deliver comprehensive solutions to clients.
**Qualifications**:
- A minimum of 5 years' experience in commercial insurance brokerage, with a proven track record of success in client management and business development.
- Experience dealing with corporate clients paying premiums up to and beyond £100k.
- Extensive knowledge of various commercial insurance lines, including property, manufacturing, retail, wholesale, cyber, construction, engineering and officers (D&O), and more.
- Strong negotiation skills, analytical abilities, and risk assessment expertise.
- Excellent interpersonal, communication, and presentation skills.
- Relevant professional qualifications such as Chartered Insurance Institute (CII) certification or equivalent.
- Proficiency in insurance software and tools for policy management and analysis.
- Ability to thrive in a fast-paced, results-oriented environment.
**Benefits**:
- Competitive compensation package, including performance-based incentives.
- Comprehensive benefits plan, encompassing health coverage, retirement options, and more.
- Extensive staff wellbeing schemes including mental health days.
- Continuous professional development opportunities to enhance expertise.
- Engaging and collaborative work environment fostering innovation.
- Exposure to a diverse range of industries and clients.
Join us as a Senior Broker specializing in Commercial Insurance and contribute to our mission of safeguarding businesses with tailored insurance solutions that address their unique risk exposures and support their growth.
**Salary**: £40,000.00-£55,000.00 per year
**Benefits**:
- Casual dress
- Company events
- Company pension
- Cycle to work scheme
- Free parking
- Gym membership
- Health & wellbeing programme
- On-site parking
- Private medical insurance
- Sick pay
Schedule:
- 8 hour shift
- Monday to Friday
- No weekends
Supplemental pay types:
- Bonus scheme
- Commission pay
- Performance bonus
- Tips
- Yearly bonus
Work Location: In person
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