£55K/yr to £80K/yr
London, England
Permanent, Variable

Senior Broker

Posted by MACTALENT LTD.

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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