Delegated Authority Producing Broker

IDEX Consulting Ltd.; Greater London; Hybrid; GBP 80,000 - 110,000; Full time

Benefits offered by this job

Share scheme participation

Hybrid working

Comprehensive flexible benefits

Ongoing professional development

Job summary

IDEX Consulting Ltd. is seeking a senior producer to drive growth in its delegated authority division within the London Market.

You will originate and win new delegated authority business from MGAs, Coverholders, brokers and insurance clients, and grow existing relationships. You’ll set your own BD strategy, negotiate and place Binding Authorities and delegated underwriting arrangements, and collaborate with cross-functional teams.

Qualifications

• Broking delegated authority in the London Market with profitable new business.
• Established Lloyd's/ market network across MGAs, Coverholders and capacity providers.
• Knowledge of Binding Authorities, Lineslips and facilities, with governance.
• Experience negotiating with London and international markets; FCA conduct standards.
• Entrepreneurial, self-driven; accountable for results.
• ACII or progress towards professional qualifications preferred.

Responsibilities

• Originate and win delegated authority business from MGAs, Coverholders, brokers and insurance clients.
• Set your own business development strategy and place Binding Authorities, Lineslips and delegated underwriting arrangements.
• Negotiate with London and international markets and represent the business at market meetings.
• Collaborate with technical, operations, compliance and claims teams to onboard facilities and programmes smoothly.
• Design innovative placement solutions for clients and contribute to growth of the division.

Skills

Delegated authority broking

London Market network

Negotiation

Entrepreneurial mindset

Accountability

ACII or progress toward qualifications

Education

ACII or equivalent professional qualifications

Job description

Our client is an independent Lloyd's broker that makes decisions for the long term, backs its people's ideas, and moves quickly when the right opportunity appears. With a growing presence across wholesale, delegated authority and specialist markets, they're now looking for a senior producer to drive the next stage of growth in their delegated authority division.
This is a front-line, revenue-generating role with direct access to the CEO. You'll originate and win new delegated authority business from MGAs, Coverholders, brokers and insurance clients, and grow existing relationships. You'll set your own business development strategy, negotiate and place Binding Authorities, Lineslips and delegated underwriting arrangements (plus associated reinsurance), and represent the business at market meetings and industry events.
You'll work closely with technical, operations, compliance and claims teams to onboard new facilities and programmes smoothly, and you'll have the freedom to design innovative placement solutions for your clients.
You'll work closely with technical, operations, compliance and claims teams to onboard new facilities and programmes smoothly, and you'll have the freedom to design innovative placement solutions for your clients.
You'll work closely with technical, operations, compliance and claims teams to onboard new facilities and programmes smoothly, and you'll have the freedom to design innovative placement solutions for your clients.
You'll work closely with technical, operations, compliance…

What you'll bring

• A strong track record of broking delegated authority business in the London Market, with a book of profitable new business you've won.
• An established network across Lloyd's syndicates, company markets, MGAs, Coverholders and capacity providers.
• Deep knowledge of Binding Authorities, Lineslips and facilities, along with Lloyd's delegated authority processes and governance.
• Experience negotiating with London and international markets, and a solid grasp of FCA conduct standards.
• An entrepreneurial, self-driven approach: you spot opportunities, convert them, and hold yourself accountable for results.
• ACII, or progress towards professional qualifications, is preferred.

What's on offer

• Competitive salary and performance-based bonus
• Share scheme participation
• Hybrid working
• Comprehensive flexible benefits
• Ongoing professional development and a clear path to progress
• The chance to shape a fast-growing division in an ambitious, independent broker

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Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.