City based Lloyds Broker is seeking an individual to deliver client service through; advising clients on their insurance programmes, negotiating and placing contracts of insurance that meet client needs and conforming to company practice quality standards. Quoting, Placement and Post Contract Alterations
Analyse and provide advice on risk and insurance issues and structure appropriate coverage.
Placing structure is appropriate to the insured's operations; exposure and risk transfer goals.
Market presentations secure best possible terms for the client, with full material disclosure.
Negotiates and obtains the most appropriate carrier, coverage and price for the clients' requirements.
Resolves subjectivities and warranties in accordance with client/insurer instructions to secure underwriters' participation.
Negotiates agreement to post-placement changes, e.g. by contract endorsement.
Market Relationships
Develops and maintains market relationships to permit the widest placing opportunities.
Experience liaising with both Lloyd’s and company markets.
Client Management
Identifies and manages client requirements in accordance with the terms of appointment
Builds and maintains strong client relationships
Achieves a high rate of client retention through well-planned and executed account renewal management
Confident liaising with and/or presenting to international clients whether on a wholesale or retail basis.
Ensures there are sufficient resources to meet client day-to-day demands and escalates servicing issues to divisional management as necessary
Desirable Experience: London or international market experience preferably in broking, Account servicing to large International corporations; technical insurance. Preference given to those with direct experience within the Cyber and/or Tech E&O markets. Technical insurance to CertCII or equivalent experience
