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    Ref:42794

    Job title: Senior Broker – Professional Services (PI)

    Location: London 

    Salary: Circa £100,000 

     

    Senior Broker – Professional Services (PI)

     

    We are currently recruiting for a Senior Broker to join our client’s Professional Services team based in London.

     

    The role is for a senior broking practitioner with deep technical knowledge and ability. Responsibility for providing advice to clients and colleagues on placement design, available coverage and capacity, likely pricing, potential coverage enhancements, and market progress within scope of responsibility.

     

    About

     

    A leading global professional services firm providing a broad range of risk, retirement, and health solutions. With over 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.  

     

    About the Role

     

    As a Senior Broker some of your key responsibilities will involve:

    Core functional activity:

    • Client relationship management (direct clients and/or network)
    • Client meetings
    • Lead quote broking

     

    Secondary functional activity:

     

    • Providing benchmarking and placement advice to clients
    • Establish and manage pipeline
    • Produce and/or deliver tenders
    • Present terms to client / network
    • Review / Create / Enhance Submission
    • Review draft / final MRC
    • Firm Order broking (Ebix / wet stamps / email)
    • Follow market broking
    • Market relationship management
    • Define marketing strategy (specific to placement)
    • Record broking activity in market sheets
    • Complete quote/firm order information in Brokasure including finalise MRC
    • Provide invoicing instructions
    • Provide technical wording advice to client/network
    • Provide technical training / guidance to colleagues
    • Coaching and mentoring Occasional (optional) functional activity:
    • File maintenance – ECM
    • Send initial engagement to client/network
    • Send Cover confirmation to client/network
    • Scan / index final agreed slip
    • SPS design / placement
    • Issue invoice to client
    • Respond to A/c queries
    • Create BID documentation if required
    • Create bespoke wordings / clauses (per client)
    • Develop best in class product wordings (for SPS/product etc)
    • File Reviews / Technical Reviews / Peer Reviews

     

    About you

     

    As a Senior Broker your skills and qualifications will ideally include:

    • Excellent understanding of London insurance market dynamics and core processes;
    • Extensive knowledge of Professional Lines risks (Construction, Lawyers, Solicitors, Consultants)
    • Ability to use insurance industry IT systems to efficiently deliver client service;
    • Experience of managing effective client relationships;
    • Good analytical and problem-solving skills;
    • Excellent interpersonal skills;
    • High level of numeracy;
    • Effective communication and presentation skills;
    • Excellent understanding and application of compliance and FCA regulation;

     

    Contact:-

    London: 0203 4118430

    Email: admin@lawesgroup.co.uk

    Apply

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