- London Jobs
- £70k - 75k per year
- Full Time
- Broking
Ref:42853
Job Title – M&A Insurance Broker
Contract – Permanent
Location – London
Salary – Circa £75,000
About the Role
Responsible for working in accordance with the organisation’s Risk Management Framework, and compliance with the company policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
As a Broker some of your key responsibilities will involve:
Core functional activity:
- File maintenance – ECM
- Send initial engagement to client/network
- Present terms to client / network
- Develop new client relationships and source new business opportunities
- Lead initial conversations / pitches with clients and /or their advisers
- Execute M&A insurance placements to an exceptional standard
- Review / Create / Enhance Submission
- Send Cover confirmation to client/network
- Review draft / final MRC
- Firm Order broking (Ebix / wet stamps / email)
- Follow market broking
- Record broking activity in market sheets
- Complete quote/firm order information in Brokasure including finalise MRC
- Provide invoicing instructions
Secondary functional activity:
- Providing benchmarking and placement advice to clients
- Client relationship management (direct clients and/or network)
- Client meetings
- Lead quote broking
- Scan / index final agreed slip
Occasional (optional) functional activity:
- Establish and manage pipeline
- Produce and/or deliver tenders
- Market relationship management
- Define marketing strategy (specific to placement)
- 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
- Provide technical wording advice to client/network
- Provide technical training / guidance to colleagues
- Coaching and mentoring
About you
As a Broker your skills and qualifications will ideally include:
- Ability to interpret and use data effectively
- Strong analytical expertise
- Extensive knowledge of M&A transactions
- Sound understanding of London insurance market dynamics and core processes;
- Excellent technical insurance knowledge;
- Ability to use insurance industry IT systems to efficiently deliver client service;
- Experience of managing effective client relationships;
- Effective communication and presentation skills;
- Good understanding of compliance and FCA regulation;
Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday.
Contact:-
London: 0203 4118430
Email: admin@lawesgroup.co.uk
Similar Jobs
Commercial Account Manager
View job & ApplyCommercial Insurance Broker
View job & Apply