Insurance Broker Apprenticeship (1)

Skern Training; Coulsdon; On-site; GBP 18,000 - 24,000; Full time

Job summary

Artemis Ltd in Purley, Greater London, is offering an Insurance Broker Apprentice role that combines day-to-day broking with the Level 4 Insurance Professional Apprenticeship to build a career in insurance.

You will support client relationships, understand client insurance requirements, obtain quotations from insurers, and help prepare proposals, renewals and mid-term adjustments while developing technical knowledge and commercial awareness.

Qualifications

• GCSE English and Maths at Grade 4/C or above, or equivalent.
• Good written and verbal communication skills.
• Strong IT and administrative skills.
• Genuine interest in developing a career within insurance.

Responsibilities

• Support the management of new and existing client relationships.
• Build an understanding of clients businesses, activities and insurance requirements.
• Assist with obtaining and reviewing quotations from insurers.
• Communicate with insurers to negotiate terms, premiums and levels of cover.
• Support the preparation of insurance proposals, presentations and renewal documentation.
• Assist with new business, renewals and mid-term adjustments.
• Compare policy wordings, exclusions, limits and conditions to help identify suitable insurance solutions.
• Maintain regular communication with clients and provide a high standard of customer service.
• Develop strong working relationships with insurers, underwriters and other insurance professionals.
• Ensure client and policy information is accurately recorded on internal systems.
• Work in accordance with FCA requirements, company procedures and relevant insurance regulations.
• Identify opportunities to support the wider growth and retention of client accounts.
• Develop your technical knowledge of insurance products, risk and the wider insurance market.

Skills

Initiative

Logical

Analytical skills

Customer care skills

Education

GCSE English and Maths at Grade 4/C or above

Good written and verbal communication skills

Strong IT and administrative skills

Genuine interest in developing a career within insurance

Job description

Working alongside experienced insurance professionals, you will develop the technical knowledge and commercial skills required to support clients, understand their insurance requirements, approach insurers and help arrange appropriate insurance solutions.

Description

We are looking for an ambitious and professional individual to join our team as an Insurance Broker Apprentice.

This is an excellent opportunity for someone looking to build a long-term career within the insurance broking sector while completing the Level 4 Insurance Professional Apprenticeship and working towards a recognised professional insurance qualification.

Working alongside experienced insurance professionals, you will develop the technical knowledge and commercial skills required to support clients, understand their insurance requirements, approach insurers and help arrange appropriate insurance solutions.

As you progress through the apprenticeship, you will take on greater responsibility for managing client relationships and supporting the full broking lifecycle.

Key Responsibilities

• Support the management of new and existing client relationships.
• Build an understanding of clients businesses, activities and insurance requirements.
• Assist with obtaining and reviewing quotations from insurers.
• Communicate with insurers to negotiate terms, premiums and levels of cover.
• Support the preparation of insurance proposals, presentations and renewal documentation.
• Assist with new business, renewals and mid-term adjustments.
• Compare policy wordings, exclusions, limits and conditions to help identify suitable insurance solutions.
• Maintain regular communication with clients and provide a high standard of customer service.
• Develop strong working relationships with insurers, underwriters and other insurance professionals.
• Ensure client and policy information is accurately recorded on internal systems.
• Work in accordance with FCA requirements, company procedures and relevant insurance regulations.
• Identify opportunities to support the wider growth and retention of client accounts.
• Develop your technical knowledge of insurance products, risk and the wider insurance market.

The Apprenticeship

As part of the role, you will complete the Level 4 Insurance Professional Apprenticeship alongside your day-to-day employment.

The programme will help you develop advanced knowledge and skills across areas including:

• Insurance principles and practice
• Insurance broking
• Risk assessment and management
• Insurance products and markets
• Regulatory and compliance requirements
• Negotiation and commercial awareness
• Professional communication
• Claims and underwriting principles
• Ethical and professional standards

You will also work towards an industry-recognised professional insurance qualification as part of your apprenticeship programme.

You will receive dedicated time during your working hours to complete apprenticeship training, workshops, assessments and professional development activities.

Entry requirements

We are looking for someone who is:

• Interested in developing a professional career within insurance.
• Confident communicating with clients and colleagues.
• Professional and comfortable building relationships.
• Commercially minded with an interest in business and risk.
• Organised with good attention to detail.
• Able to manage multiple tasks and priorities.
• Confident working with numbers and analysing information.
• Willing to learn and take on increasing levels of responsibility.
• Comfortable working both independently and as part of a team.

Previous insurance experience would be beneficial but is not essential, as full training and support will be provided.

• GCSE English and Maths at Grade 4/C or above, or equivalent.
• Good written and verbal communication skills.
• Strong IT and administrative skills.
• A genuine interest in developing a career within insurance and financial services.

Skills required

• Initiative
• Logical
• Analytical skills
• Customer care skills

Training to be provided

Insurance Level 4

Things to consider

Great progression opportunities available

Location

Artemis Ltd
Provident House Russell Hill Road
Purley
Greater London
United Kingdom
CR8 2LE