Broking Lead - FI

Ryan Specialty Group; Greater London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading insurance provider seeks a Lead Broker for FI in London. The ideal candidate will leverage deep industry knowledge and exceptional negotiation skills to secure favorable terms for clients, leading to cost savings and risk mitigation. The role requires previous experience in leading a FI broking team in the London market and the ability to build strategic partnerships. Benefits include a competitive salary and an inclusive workplace culture.

Qualifications

• Previous experience in leading a FI broking team in the London market is essential.
• Demonstrable market knowledge and connections to build a new business line.

Responsibilities

• Drive production efforts, execution of insurance solutions across diverse industries.
• Maintain functional knowledge of products and services offered by Ryan Specialty.
• Focus on production within the Ryan Specialty family and outside the network.
• Develop market leading products with strong link to production.
• Establish and nurture relationships with decision-makers in insurance and major clients.
• Focus on process and efficiency improvement.

Skills

Negotiation skills

Industry knowledge

Strategic planning

Relationship building

Job description

Position Summary

Lead Broker for FI is responsible for leveraging deep industry knowledge and exceptional negotiation skills to secure the best possible terms for their clients, driving significant cost savings and risk mitigation. The role implements a strategic plan for assigned book of business or territory, focusing on growth, profitability, and risk management. They forge strategic partnerships with major clients, insurance carriers, and industry associations, fostering mutually beneficial collaborations that fuel growth.

Location

London - UK - Fenchurch

What will your job entail?

Job Responsibilities

• Drive production efforts, execution of insurance solutions across diverse industries, navigating intricate challenges and delivering tailored coverage for high-value risks.
• Maintain functional knowledge of products and services that Ryan Specialty offers (both insurance and reinsurance).
• Strong focus on production within the Ryan Specialty family and outside the network.
• Product development to create market leading products with strong link to production.
• Develops and implements a strategic plan for assigned book of business or territory, focusing on growth, profitability, and risk management.
• Performs work for complex brokerage assignments during the daily workload.
• Establishes and nurtures high-level relationships with key decision-makers in insurance carriers, major clients, and industry associations, fostering mutually beneficial collaborations.
• Focus on innovation with a view to constantly improve our process and efficiency.
• Refines expertise through ongoing education and professional development, staying on top of industry trends and regulations to provide clients with the most informed and strategic advice.

Work Experience and Education

• Previous experience in leading a FI broking team in the London market is essential
• Demonstrable market knowledge and connections to build a new business line

Disclaimer

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.