Senior Broker – Energy Liability

Ardonagh Specialty; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

A leading company in the insurance sector is seeking a Senior Broker to join their dynamic team in London. This role offers the opportunity to effectively place insurance contracts, utilizing your proven negotiation and communication skills while promoting client satisfaction. With a commitment to a diverse and inclusive workplace, the company provides flexibility, support, and growth opportunities across the group.

Benefits

Employer pension contribution of 10%

Competitive salary

Life Assurance at X4 of base salary

Private Medical Insurance

Generous Annual Leave entitlement

Group annual bonus scheme

Wellbeing programs

Fantastic discounts on big-name businesses

Qualifications

• Detailed understanding of FCA rules and requirements.
• I.T. skills in MS Word and Excel for accurate data input.
• Ability to prioritise and work under pressure independently.

Responsibilities

• Facilitate the placement of insurance contracts according to client needs.
• Ensure compliance with Company and Market Rules.
• Manage accounts and resolve queries efficiently.

Skills

Organisational Skills

Team Player

Negotiation Skills

Communication Skills

Confidence

Education

ACII (preferred)

Understanding of FCA rules

General insurance and underlying legal principles

Tools

MS Word

MS Excel

Job description

Job Title:Senior Broker

Location: London/Hybrid (Typically 2/3 days in the office)

Type: Full time – Permanent If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch)

At Price Forbes, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.

Working at Price Forbes means you’ll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.

Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What we can offer:

We offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry’s top talent.

You’ll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans etc.

Further perks of working with us (Fixed benefits):

• Employer pension contribution of 10% (providing you, the Employee provides 5%).
• Good work life balance - flexibility to suit you.
• Competitive salary.
• Life Assurance at X4 of your base salary.
• Group Income Protection.
• Generous Annual Leave entitlement.
• Private Medical Insurance.
• Group annual bonus scheme.

Manager says:

The purpose of the roleis to facilitate the prompt placement of insurance/reinsurance contracts in accordance with the client’s requirements and needs, in a timely manner, all in accordance with regulatory requirements and acting in the best interest of the client at all times.

Key Role Accountabilities:

• To place business into the Lloyd’s, London and International markets.

• To be accountable for resolving all business and accounts escalation queries.

• To keep the relevant Producer/Account Executive/BBU Technician informed as to the status of accounts and general business issues.

• To deal with new and renewal business, including mid-term changes.

• To ensure compliance with relevant Company and Market Rules and Procedures.

• To ensure client and underwriter accounts are set up in compliance with Company Rules and Procedures.

• To input new business, renewals and mid-term changes onto the Company’s workflow systems.

• To ensure that the Company’s workflow systems are updated promptly to reflect the current status of any risk.

• To record and deal promptly with any telephone enquiries/other verbal enquiries, exercising own judgement, based upon knowledge and experience, as to when to refer to senior colleagues.

• To ensure completion of market sheets and other broking notes.

• To ensure files are completely accurate in accordance with Company Rules and Procedures.

• To report promptly any material changes to Divisional Forecast.

• To report breaches, errors & omissions, disputes and complaints.

• To ensure compliance with the Company’s Rules and Procedures and other management

Qualifications& Experience:

• Detailed understanding and knowledge of the Company’s requirements regarding FCA rules relating to relevant customers.
• Detailed understanding and knowledge of general insurance and underlying legal principles.
• I.T. Skills – MS Word, MS Excel, accurate data input are essential.
• ACII preferred.
• Ability to prioritise and organise own workload to ensure that deadlines are met.
• Ability to work under pressure without supervision.
• Ability to develop and sustain internal and external relationships.
• Team player.
• Ability to negotiate and construct effective written communications.
• Confident and effective telephone skills.

• Confidence to challenge senior colleagues.

Person Specification:

• ·Strong organisation skills
• Ability to show initiative
• Confidence when dealing with external and internal communication
• Ability to work as part as a team, but also the ability to self motivate when working alone
• Ability to work under pressure and adhere to deadlines
• Willingness to follow procedures in full and not to take short cuts, even when under time pressures

Think you don’t meet every requirement?

We are dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive . If you’re excited about this role, but your experience doesn’t perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process:
At Price Forbes, we have a straightforward interview process to ensure the best fit for both you and the company:

• Submit your application with your CV, emphasising your skills and experience related to the job.
• Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Price Forbes, and answer any immediate questions.
• If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
• Depending on the role, you may be invited to attend a second stage interview with further members of the team.

If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback.

We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.

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