Producing Broker

Inserval Global Brokers Limited

Greater London

On-site

GBP 90,000 - 150,000

Full time

14 days+

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Job summary

Inserval Global Brokers Limited in London is seeking an experienced Producing Broker with an existing, transferable portfolio to generate new business and expand international relationships through Inserval's platform.

You will manage business from initial introduction through placement and renewal, working closely with leadership, broking, technical and operations teams to build a profitable, sustainable portfolio across Lloyd's, the London Market and international markets.

Qualifications

  • Existing and transferable portfolio required.
  • Proven track record in production and portfolio development.
  • Established relationships with clients, brokers, agents or distribution partners.
  • Experience with Lloyd's, the London Market and international insurers/reinsurers.
  • Strong broking, negotiation, presentation and account management skills.
  • Ability to manage opportunity through placement and renewal.
  • Entrepreneurial mindset and ability to work independently.

Responsibilities

  • Introduce and develop business from an existing portfolio and network.
  • Originate new insurance and reinsurance opportunities.
  • Build and manage a profitable portfolio.
  • Develop relationships with clients, producing brokers, agents and distribution partners.
  • Work with Lloyd's syndicates and international markets for capacity and terms.
  • Prepare and coordinate market submissions.
  • Negotiate coverage, pricing, terms and conditions.
  • Manage business from initial introduction through placement and renewal.
  • Maintain an accurate business pipeline.

Skills

Portfolio management
Client relationships
Negotiation skills
Lloyd's market experience
Independence

Job description

LONDON MARKET AND INTERNATIONAL INSURANCE AND REINSURANCE

LOCATION

London /

TYPE

Full-Time

COMPENSATION

Base Salary + Production Commission

About Inserval

Inserval is a London-based, FCA authorised insurance and reinsurance broker with access to Lloyd's and international markets.

As part of our growth strategy, we are seeking an experienced Producing Broker with an existing and transferable portfolio who can generate new business and develop long-term international relationships through the Inserval platform.

The Opportunity

This role is suited to an entrepreneurial insurance professional with an established portfolio and strong relationships among clients, brokers, agents and insurance markets.

The successful candidate will develop a profitable portfolio and manage business from initial introduction through placement and renewal, working closely with Inserval's leadership, broking, technical and operations teams.

Key Responsibilities
  • Introduce and develop business from an existing portfolio and network.
  • Originate new insurance and reinsurance opportunities.
  • Build and manage a sustainable and profitable portfolio.
  • Develop relationships with clients, producing brokers, agents and distribution partners.
  • Work with Lloyd's syndicates, London Market insurers and international markets to secure suitable capacity and competitive terms.
  • Prepare and coordinate clear and complete market submissions.
  • Negotiate coverage, pricing, terms and conditions.
  • Manage business from initial introduction through placement, servicing and renewal.
  • Support colleagues with placement, technical input and client servicing where required.
  • Maintain an accurate and transparent business pipeline.
  • Placement of exiting risks
Desired Experience
  • An existing and transferable portfolio of insurance or reinsurance business.
  • A proven track record in business production and portfolio development.
  • Established relationships with clients, brokers, agents or other distribution partners.
  • Experience working with Lloyd's, the London Market and international insurers or reinsurers.
  • Strong broking, negotiation, presentation and account management skills.
  • The ability to manage business from initial opportunity through placement and renewal.
  • An entrepreneurial mindset, commercial discipline and the ability to work independently.
  • A collaborative approach and willingness to support the wider broking team.
What We Offer
  • An agile and internationally focused boutique brokerage platform.
  • Direct access to senior leadership and decision makers.
  • Support from an experienced broking, technical and operations team.
  • Access to Lloyd's, the London Market and international insurance and reinsurance markets.
  • A base salary and competitive production-based commission.
  • The opportunity to develop and expand an existing portfolio through the Inserval platform.
Confidential Enquiries

We welcome confidential discussions with experienced Producing Brokers who have an existing portfolio and are looking for an entrepreneurial London-based platform through which to grow their business.

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