Commercial Insurance Broker

Cavendish Maine; Bristol; On-site; GBP 46,000 - 55,000; Full time

Job summary

A leading insurance brokerage in Bristol is looking for an Insurance Broker to join their growing team. The ideal candidate should have at least 3 years of experience in commercial insurance broking and possess strong negotiation skills. This role involves providing technical expertise, managing client inquiries, and designing bespoke insurance programs. Compensations are negotiable, up to £55,000 plus bonuses and additional benefits.

Benefits

Bonus

Private Medical Insurance

Pension Scheme

Qualifications

• Minimum 3 years of experience as a Senior Handler/Advisor or Account Executive.
• Experience with international risk is advantageous.
• Able to handle diverse insurance needs for various client bases.
• Confident in virtual and in-person client meetings.

Responsibilities

• Provide technical expertise and understand client needs.
• Analyse insurance programs to identify gaps and offer solutions.
• Design bespoke insurance programs for clients.
• Manage complex insurance needs, including London Market programs.
• Deliver exceptional client service and maintain service standards.

Skills

Commercial insurance broking experience

Customer service focus

Negotiation skills

Problem-solving

Knowledge of Public/Products Liability

Knowledge of Business Interruption

Knowledge of Cyber Insurance

Knowledge of Professional Indemnity

Education

Cert CII qualification

Tools

Acturis

Job description

Highlights

• The role of an Insurance Broker is a great next step for any Senior Account Handler looking to become an Account Executive, (who doesn’t fancy cold calling, cold outreach and pipeline building…)
• If you rate your ability to talk to clients, solve their insurance and risk challenges, in a fast moving, growth focussed business, this role is worth exploring.
• You’ll be working with some of the UK’s most dynamic businesses, start-ups, scale-ups, (nothing slow), no renewal meetings where “nothing has changed”…
• This Broking business is similar to the clients it serves, fast paced, innovative, growing, dynamic, flexible.

Role Description

• This is an exciting chance to work with some of the UK’s most innovative businesses and join a growing broking team.
• The Broker role embodies a client-first ethos. Unlike traditional models with multiple handovers, our client believe clients are best served by a single, dedicated contact – our Brokers.
• As a Broker, you’ll handle client inquiries from the initial prospect stage, manage policy placement, and continue servicing clients through quarterly reviews, adjustments, and renewals.

Key Responsibilities

• Provide Technical Expertise: Ask relevant questions to understand client needs and communicate effectively.
• Highlight Gaps in Cover: Analyse existing insurance programs to identify potential gaps and offer solutions.
• Design Bespoke Insurance Programs: Tailor policies to clients\' specific risk profiles and business goals.
• Structure Global Policies: Ensure compliance with international regulations and comprehensive coverage.
• Handle Complex Programs: Manage intricate insurance needs, including London Market programs.
• Upsell and Cross-Sell: Identify additional opportunities to enhance client coverage.
• Showcase Sector Expertise: Stay informed on market trends, legislation, and industry best practices.
• Advise on Risk Mitigation: Offer strategic guidance beyond insurance to manage overall risk.
• Maintain Service Standards: Deliver exceptional client service, addressing issues promptly.

Experience

• At least 3 years of commercial insurance broking experience, preferably in a Senior Handler/Advisor or Account Executive role.
• Having some experience with international risk would be advantageous.
• Expertise in key insurances such as Public/Products and Employers Liability, Material Damage, Business Interruption, Cyber, and Professional Indemnity.
• Strong customer service focus and ability to tailor explanations to clients new to insurance.
• Confident in both virtual and in-person client meetings.
• Skilled negotiator with a proactive approach to problem-solving.
• Experienced in working with diverse client bases and insurance needs.
• Cert CII qualification (minimum).
• Acturis experience is a plus.

Salary

• Negotiable, up to £55,000 + Bonus + PMI + Pension

Contact

Stephen Mallaband

Reference: SM/88612

Candidate care

By responding to this advert you consent to Cavendish Maine processing the personal data included within this application.

If your application is successful we will contact you to discuss the opportunity in more detail, within 48 hours of receiving your application.

Should you not hear from us within 3 working days please assume your application has been unsuccessful on this occasion. Please be advised that if unsuccessful for this role we may keep your details in our hold file for 6 months, during which time you may be contacted for other suitable vacancies.If you do not want us to do this please call us to advise.

In the meantime, we would like to thank you for your interest in Cavendish Maine.