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Medtech & Life Science Insurance Broker Advisory and Broking · London

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London

Hybrid

GBP 40,000 - 80,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a Medtech & Life Science Broker to provide tailored insurance solutions for clients in the Medtech and Life Sciences sector. In this dynamic role, you will assess risk exposures, negotiate policy terms, and build strong relationships with clients and insurance carriers. You'll have the opportunity to work in a fast-paced environment, ensuring clients receive expert guidance on industry-specific risks. This innovative firm offers a competitive salary, hybrid working arrangements, and a supportive team environment, making it an exciting opportunity for those looking to grow their careers in the insurance sector.

Benefits

25 days holiday
Vitality private health and dental insurance
Great pension (up to 10% on top of your salary)
Cycle to work scheme
Latest Apple tech gear
Fun, modern and informal office environment
Regular team social events
Central London location

Qualifications

  • Experience in insurance broking or underwriting within Medtech & Life Science.
  • Proven ability to negotiate tailored coverage solutions.

Responsibilities

  • Develop and maintain strong relationships with clients in Medtech & Life Sciences.
  • Conduct risk assessments and provide tailored insurance solutions.
  • Negotiate policy terms and ensure competitive pricing for clients.

Skills

Insurance broking
Negotiation skills
Client relationship management
Attention to detail
Communication skills
Knowledge of Commercial insurance products

Education

Cert CII qualification

Job description

About the role

Our Medtech & Life Science Broker will be responsible for advising and securing appropriate insurance coverage for clients within the Medtech & Life Sciences industry, including Pharmaceutical, Biotech, Healthcare & Clinical Research companies.

This new role will involve risk assessment, policy negotiation, and client relationship management to ensure tailored insurance solutions that meet the specific needs of Medtech & Life Science businesses.

What you'll get up to:
  1. Develop and maintain strong relationships with clients in the Medtech & Life Sciences sector.

  2. Assess clients’ risk exposures and provide tailored insurance solutions.

  3. Provide expert guidance on industry-specific risks such as Product Liability, Clinical Trials, & Professional Indemnity.

  4. Handle client queries, policy renewals, and mid-term adjustments efficiently.

  5. Conduct risk assessments to identify potential liabilities in Medtech & Life Science operations.

  6. Work with insurers to develop specialised coverage solutions, including bespoke wordings.

  7. Negotiate policy terms, coverage limits, and premiums with underwriters.

  8. Ensure competitive pricing and appropriate coverage for clients.

  9. Stay updated on emerging risks in Medtech, Biotech, Pharmaceuticals, and Medical Innovations.

  10. Build and maintain strong relationships with insurance carriers and underwriters.

About you:
  1. Experience in insurance broking &/or underwriting within Medtech & Life Science.

  2. Proven ability to negotiate with insurers and structure tailored coverage solutions.

  3. Excellent communication, client relationship, and advisory skills.

  4. Attention to detail in policy documentation and compliance matters.

  5. Ability to work in a fast-paced and dynamic environment.

  6. Strong knowledge of Commercial insurance products.

  7. Cert CII qualification.

In return, we offer you:
  1. A competitive salary and the ability to grow your career at the UK’s leading Insurtech.
  2. An amazing team and founders, supportive board and investors.
  3. 25 days holiday - so there’s plenty of time for work, rest and play.
  4. Hybrid way of working for the perfect work/life balance.
  5. Vitality private health and dental insurance.
  6. Great pension (up to 10% on top of your salary).
  7. Full access to Spill, our mental health platform.
  8. Cycle to work scheme.
  9. Latest Apple tech gear & everything you need to be set up for success.
  10. Fun, modern and informal office environment with regular team social events.
  11. Central London location.
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