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17 May 2019

Producing Broker – Insurance – London

Location: London

Salary: Competitive

Sector: Insurance

Job Type: Permanent

Job Reference: BMC/02/2485 CM


Chris Milnes

DD: 0191 303 9296

M: 07961 586 478

The Company

Our client are an Insurance Broker located in London, with Lloyd’s of London accreditation. We have direct access to the Lloyd’s market which gives us the freedom to work across a variety of channels, maintaining high levels of professionalism, integrity and customer service throughout.

On offer is an attractive salary and benefits package, including:

  • Excellent commission structure
  • Working environment close to Lloyd’s of London with direct access to the Lloyd’s market
  • Access to Pension Scheme
  • Great Annual Leave Benefit, sick pay and attendance bonus
  • Worldwide Multi Trip Travel Cover
  • Employee Rewards Scheme
  • Commitment to Employee Learning and Development
  • Access to Wellbeing Services and Discount Scheme

Job Role

  • Manage and be proactive in acquiring new business from UK and International brokers and customers in various classes of insurance
  • Ensure that all procedures are accurate, in line with FCA guidelines and in accordance with the Company’s International Procedure Documents.
  • Assist in the implementation of business strategies for direct business as well as broker business for the International division
  • Assist and service the business from any existing clients as required
  • Depending on your business knowledge, explore and develop market opportunities, converting enquiries into sales to actively grow the business
  • Ensuring that client customer service is paramount, ensuring team focus on generating new business and managing the renewals process
  • Ensure all workflow is processed in a timely manner to relevant systems, working with Technicians to ensure slips, endorsements and debit notes are prepared and detailed are uploaded to database
  • Assist in the implementation of new business strategies for direct business as well as broker business
  • Work with existing team to develop additional enquiries, contacts and sales in other business products, including attendance at various industry and networking events
  • Developing, expanding and negotiating with existing network of underwriters
  • Feedback competitive information and market intelligence to the Associate Director to remain current with market trends, which may require attendance at various Lloyds Conferences
  • Sourcing and attending meetings for new business opportunities to convert to business acquired
  • Have an understanding of how the functions of the role interlink with the rest of the business and liaising effectively with the Head Office departments
  • Committing to travel (UK and International) in order to meet potential customers and/or Brokers
  • Ensure the Associate Director is aware of critical decisions associated to your business activities, information is documented as required and the business systems are maintained to provide overview of current status of all enquiries
  • Binder day to day management as required
  • Learning and understanding the General & Medical Group structure and existing products and being able to learn and adapt to new insurance classes

The following skills are essential:

  • Insurance/claims experience
  • Proven track record as a Producer
  • Lead generation
  • Customer Service
  • Developing third party contracts
  • Meet work Targets
  • Certificate Institute of Insurance
  • Understanding of the FCA, the Financial Ombudsmen Services, and both the London and International Markets
  • Excellent communication skills, including business level language skills
  • Forms positive working relationships, work as part of a team and remain positive and driven
  • Ability to record work accurately, and write and prepare reports and other correspondence effectively
  • Understand and maintain confidentiality
  • Ability to work independently and to use own initiative, with problem solving and decision-making ability
  • Good Microsoft Office Skills
  • Dependable and able to think strategically
  • Be flexible and able to adapt to evolving circumstances
  • Ability to work well under pressure
  • Ability to organise and follow through with scheduled appointments

Apply for this Role

  • Accepted file types: doc, docx, pdf.

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