M&A Broker in London - Lawes Insurance Recruitment

Job Overview

Location
London, England
Job Type
Full Time
Salary
TBC
Date Posted
3 days ago

Additional Details

Job ID
13782364
Job Views
2

Job Description


Job Title – M&A Insurance Broker
Contract – Permanent
Location – London

About the Role

Responsible for working in accordance with the organisation’s Risk Management Framework, and compliance with the company policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.

As a Broker some of your key responsibilities will involve:

Core functional activity:
Send initial engagement to client/network
Present terms to client / network
Develop new client relationships and source new business opportunities
Lead initial conversations / pitches with clients and /or their advisers
Execute M&A insurance placements to an exceptional standard
Review / Create / Enhance Submission
Send Cover confirmation to client/network
Review draft / final MRC
Firm Order broking (Ebix / wet stamps / email)
Follow market broking
Record broking activity in market sheets
Complete quote/firm order information in Brokasure including finalise MRC
Provide invoicing instructions
Secondary functional activity:
Providing benchmarking and placement advice to clients
Client relationship management (direct clients and/or network)
Scan / index final agreed slip
Occasional (optional) functional activity:
Establish and manage pipeline
Market relationship management
Define marketing strategy (specific to placement)
Issue invoice to client
Respond to A/c queries
Create bespoke wordings / clauses (per client)
File Reviews / Technical Reviews / Peer Reviews
Provide technical wording advice to client/network
Provide technical training / guidance to colleagues
Coaching and mentoring
About you

As a Broker your skills and qualifications will ideally include:
Ability to interpret and use data effectively
Strong analytical expertise
Extensive knowledge of M&A transactions
Sound understanding of London insurance market dynamics and core processes;
Excellent technical insurance knowledge;
Ability to use insurance industry IT systems to efficiently deliver client service;
Experience of managing effective client relationships;
Effective communication and presentation skills;
Good understanding of compliance and FCA regulation;
Salary and Benefits

This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday.

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