A leading firm looking for a Commercial Insurance Broker
Client Details
A boutique firm
Description
Provide new business quotations for Charity Insurance and all classes of
Commercial Insurance on request, providing relevant advice, information and
guidance. Where client requests are beyond your range of experience or
authority, immediate referral to be made to the Head of Department or other
authorised person.
- Take instructions from new clients, ensuring cover commences at the correct
time, all relevant paperwork is completed, premium is collected and relevant
records and diary entries are created. Where Employers Liability is included, this
will also involve issuing the Certificate of Insurance and Policy Schedule, and
despatchingdespatching to the client with the correct policy document.
- Take instructions from existing clients in respect of alterations to current policies,
ensuring insurers are notified and records updated.
- Offer renewal of existing clients'clients' policies with current insurer or move to new
insurer, as appropriate. In each case, ensure relevant paperwork is completed,
premium is collected and relevant records and diary entries are created.
- Check thoroughly all client documentation before despatchdespatch, ensuring queries are
raised and amendments completed.
- Control your own diary system, ensuring all items are followed up by the due
dates, particularly in relation to outstanding documentation from clients or
insurers, premium payments and continuation cover notes if appropriate.
- Filing of digital client files on a daily basis
Provide risk advice/risk management/risk prevention information on Non-Motor risks to clients, in conjunction with Underwriters, as appropriate.
- Assist, when required, with the Accounts function of the business in carrying out credit control with relevant clients.
- Any other duties that may be required by your Manager in accordance with the nature of this job.
Profile
The FCAFCA Rules
- The principles, practices and legalities of all major classes of General Insurance and in particular, insurable interest, utmost good faith, indemnity, contribution, average and subrogationsubrogation.
- The UK General Insurance market in respect of Commercial & Charity insurances.
- Underwriting and rating factors, and how these are applied in relation to all major classes of Commercial insurance.
- The range of Commercial Lines & Charity products offered by the Company and the handling procedures for each of them.
- The Company's Complaints Procedure.
- The operation of the Company's IT system, including procedures, authority limits and audit trails, and in particular, the operations and functions related to transacting business via EDIEDI.
The job
Rehabilitation of Offenders, Disability Discrimination and Race Relations Acts.
- Fair Treatment of Vulnerable Customers
- The General Data Protection Regulation (GDPRGDPR)
- Requirements of money laundering legislation.
- The Law of Agency.
- Credit management procedures.
Job Offer
A competitive salary and great environment to work in