Responsibilities
- Grow existing portfolio by identifying new, and/or existing opportunities.
- Develop and maintain the existing portfolio of prospects including research, initiation of contact and new business presentations to obtain new business.
- Provide technical, industry and subject matter expertise to provide support, service, and advice to clients.
- Determine appropriate solutions, structure, price, and placement strategies that meet the clients’ needs and deliver profitable business for a range of clients.
- Assist in setting budgets for portfolio of accounts and fulfilling agreed budgets.
- Ensure all relevant information is gathered in the preparation of annual renewals and endorsements on key accounts.
- Understand the clients’ business and risk management needs and look for solutions to deliver those needs through the provision of ongoing service.
- Work closely and maintain relationships with key market and client contacts.
- Check policies, market presentations and client documentation.
- Liaise with placing brokers to achieve agreement of markets where required.
- Creation of presentations for both new and existing clients.
Qualifications
CII qualifications desirable
Knowledge
- Knowledge of Lloyd’s, London market and international market broking
- Knowledge of direct and Facultative Reinsurance markets
- Knowledge of the broking process
Experience
- Experience within Lloyd’s and London insurance markets
- Experience within Property & Casualty or Facultative Reinsurance
- Experience within an account handling or broking role
- Excellent communication and negotiation skills
