Broker

Lloyd Sadd | Navacord; British Columbia; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Broker to enhance client relationships and deliver expert insurance solutions. This role involves reviewing risks, executing strategic market placements, and providing clients with tailored advice. You'll collaborate with commercial teams and underwriters, ensuring clients receive optimal coverage and competitive premiums. The company fosters a culture of diversity and inclusion, offering a supportive work environment and professional development opportunities. If you're passionate about risk management and client success, this is your chance to make a significant impact in the insurance sector.

Benefits

Competitive Salaries

Matching RRSP Contributions

Flexible Working Arrangements

Employee Discounts

Health and Wellness Initiatives

Referral Bonuses

Positive Work Environment

Qualifications

• 5+ years experience in Underwriting, Broking, or Senior Account service role.
• CIP, FCIP, or CAIB programs completion required.

Responsibilities

• Lead business relationships by providing exceptional customer service.
• Negotiate preferred terms for clients leveraging business relationships.

Skills

Underwriting

Broking

Account Service

Customer Service

Negotiation

Problem Solving

Presentation Skills

Organizational Skills

Education

CIP Certification

FCIP Certification

CAIB Certification

Level II Insurance License

Tools

MS Office

Job description

Job Description

Posted Tuesday, November 19, 2024 at 7:00 AM

Lloyd Sadd is a Navacord broker partner, one of Canada’s largest insurance, group benefits and pension providers. Our goal is to provide our clients with expert advice in risk management, employee wellbeing and insurance. With multiple locations in Alberta and BC, we take pride in our ability to attract exceptional talent and build top performing teams who deliver the best results for our clients. Lloyd Sadd invests time to understand our clients, reducing their total cost of risk, and helping them build stronger organizations.

We Listen. We Think. We Deliver.

THE ROLE

The Broker is responsible for reviewing risks and executing strategic market approaches and placement of accounts in the insurance marketplace on behalf of the commercial service teams. The positional objective is to ensure that clients handled by the Broker receive effective technical, risk, product, and market advice, and that optimized solutions are negotiated and offered backed by the most appropriate carriers at competitive premiums.

By satisfying the risk-based goals of clients, the Broker will have both a direct and indirect impact on the growth and success of those clients and Lloyd Sadd.

WHAT YOU’LL DO

• Lead by example, live our values, and drive business relationships for the company by providing exceptional customer service;
• Build strong business relationships with our underwriter partners for the mutual benefit of all three parties: Clients, Lloyd Sadd and Insurer;
• Enhance expertise in all aspects of insurance technical skills, such as coverage, wordings, business risk and market intelligence;
• Participate in strategic placement discussions with commercial teams;
• Present expertise, capabilities and technical information to clients;
• Liaise with the Account Administrators, Account Assistants and Account Managers to ensure all information is updated and accurate;
• Understand business risk and the connection between client operations and insurance, translating that knowledge into a working submission for placement into the market;
• Leverage business relationships to successfully negotiate preferred terms for our clients;
• Follow the Lloyd Sadd placement processes, timelines, minimum coverage standards and commission requirements;
• Provide regular reports on activities, wins and losses in the market.

WHAT WE REQUIRE

• A minimum of 5 years’ experience in an Underwriting, Broking, or Senior Account service role;
• Successful completion of the CIP, FCIP, or CAIB programs required;
• Level II Insurance License required;
• Demonstrate appropriate sense of urgency to achieve objectives and deadlines; able to overcome obstacles and time pressures; attention to detail;
• Make high quality decisions and effectively resolve problems;
• Computer literacy, including strong working skills of MS Office;
• Presentation skills – public speaking and ability to explain documents prepared for client;
• Ability to build strong relationships with team members, underwriters and clients;
• Excellent organizational skills.

WHAT WE OFFER

• Competitive Salaries based on knowledge and experience;
• Matching RRSP Contributions;
• Flexible Working Arrangements & Schedules;
• Employee Discounts;
• Health and Wellness Initiatives;
• Referral Bonuses for both New Business and Talent;
• A positive and safe work environment!

Attracting, developing, engaging, and retaining dedicated team members is a critical component of Lloyd Sadd’s success. We commit ourselves to a culture that motivates and recognizes high performance through professional development opportunities which include progressive responsibilities, recognition for effort and rewards based on results.

Ready to apply? We thought so!

Qualified candidates are invited to email their resume and cover letter to: [e-mail]

Lloyd Sadd is actively committed to support diversity, equity, and inclusion. We serve and recognize and respect human differences and similarities. We value the diversity of people and actively encourage women, indigenous peoples, members of visible minorities, people with disabilities, and lesbian, gay, bisexual, transgender, and queer (LGBTQ2+) persons to apply.