Professional Indemnity Broker

JR United Kingdom; London; Hybrid; GBP 150,000 - 200,000; Full time

Job summary

An established Lloyd’s of London Broker seeks a proactive Broker to support a dynamic team in a hybrid work environment. This role involves assisting with a variety of insurance requirements, ensuring timely and professional handling of new and renewal business, and developing strong relationships with clients and producers. The company values independence and innovation, fostering a culture of collaboration and continuous improvement. With a competitive benefits package and a commitment to employee growth, this is an exciting opportunity for those looking to make a significant impact in the insurance industry.

Qualifications

• 5 years of insurance experience in a similar role is preferred.
• Experience dealing with risk placements is essential.

Responsibilities

• Assist brokers with endorsements, amendments, and closings.
• Negotiate terms and conditions for clients effectively.
• Maintain strong relationships with clients and markets.

Skills

Microsoft Office Suite

Problem-solving skills

Decision-making skills

Verbal communication

Written communication

Job description

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Department: Professional & Executive Risk Solutions

Job Title: Broker

Location: London / Hybrid

Who We Are

Consilium, part of the Aventum Group, is an established Lloyd’s of London Broker that embodies a culture of inspiration and innovation. Powered by the commitment of our people, our united vision and collective determination, make an unquestionable difference.

Driven by independence, we make decisions for our team and clients, not external shareholders - inspiring action, challenging the status quo and seizing opportunities along the way. At Consilium, excellence is not a destination but a journey we undertake together.

At the heart of Aventum are our people. Working together in dynamic, service-focused teams, we prioritise our customers in everything we do. Collaboration fuels our success, courage drives our innovation and continuous improvement keeps us ahead in a rapidly evolving industry. Our shared commitment is to revolutionise insurance for the better, one day at a time.

We also believe that investing in our people is investing in our future. By empowering people across the Group to develop their careers, advance within the Group, and embrace new challenges, we build an environment where growth and learning never stop.

Our competitive benefits package, offered via a flexible benefits platform, reflects this. Beyond core benefits, employees have the freedom to tailor their benefits to meet their individual needs, supporting their unique goals and ambitions.

Role Summary

You will support the team on their wholesale business. This is a busy environment where you will be dealing with a wide range of clients and producers and looking at their insurance requirements.

Role Accountabilities

1. You will be accountable for assisting the producing brokers with endorsements, amendments, and closings into the Lloyd’s and Company markets.
2. You will be accountable for broker backup duties to the team which will include the production of endorsements, technical documentation, and MRC slips.
3. You will be accountable for maintaining broker and client files.
4. To negotiate the finest possible terms and conditions for our clients, using appropriate knowledge, expertise, and market presence for the desired cover.
5. Working with colleagues to ensure that all new and renewal business, mid-term amendments, and general enquiries are dealt with in a timely and professional manner.
6. Develop strong and long-term relationships with clients and markets, always looking at ways to improve this relationship.
7. Usage of departmental mandatory documentation such as market sheets and checklists and adherence to departmental procedures.
8. Any additional duties as assigned.

Role Requirements

1. Experience dealing with risk placements will enable you to oversee the administration
2. Ideally 5 years insurance experience in a similar role

Skills and Abilities

1. You will be a knowledgeable user of Microsoft Office suite.
2. Aptitude to work under pressure to tight time frames.
3. Problem-solving and decision-making skills.
4. Have strong verbal and written communication skills and can build and maintain professional relationships, including being able to maintain contact with clients and Underwriters.

Management Duties

1. No

We are an equal opportunity employer, and we are proud to share that 93% of our employees say they can be themselves at work. We aim to hire our industry's finest people because the best people drive the best outcomes. And we forever challenge the status quo because we know there are always ways to improve things. Because together, we're limitless.

We value applicants from all backgrounds and foster a culture of inclusivity. We understand the need for flexibility, so work in a hybrid model. Please let us know if you require any reasonable adjustments during the recruitment process.

FCA Conduct Rules

1. You must act with integrity.
2. You must act with due skill, care and diligence.
3. You must be open and cooperative with the FCA, the PRA and other regulators.
4. You must pay due regard to the interests of customers and treat them fairly.
5. You must observe proper standards of market conduct.
6. You must act to deliver good outcomes for retail customers.