About the job Delegated Authority Executive
Background
This is an exciting opportunity for a producing binder broker to join a respected independent wholesale broker team as a Senior Associate.
You will be liaising with International and US based MGA's as well as Wholesale brokers to secure renewals and explore revenue growth opportunities. Our client is looking for someone with solid market and client relationships, with a collaborative but entrepreneurial approach to work.
The salary and benefits are competitive, plus there is opportunity to travel, achieve excellent bonuses and future career prospects.
If you have existing client relationships, it would be an advantage.
The classes are varied.
Job Title
Senior Associate, Programmes and Facilities
Job Purpose
Support the implementation of the strategic broking direction of the team. Secure new and existing revenue opportunities. Provide advice to clients and be involved in the development of products and programme design.
Key Accountabilities
Liaise with existing and new clients to secure renewals and explore new revenue growth opportunities.
Work in partnership with partners and clients to understand their needs and develop innovative, cost effective solutions.
Maintain established new long-term business relationships with clients and market base.
Participate in a team collaboration approach to clients and markets to achieve outstanding service and client satisfaction.
Assist in the development of unique and entrepreneurial approaches to product and programmes to differentiate the client from it's competitors.
Responsible for ensuring client service strategy and client service delivery is continuously reviewed, monitored and evolved to achieve optimal client satisfaction.
Identify and escalate solutions, enhancement or improvement.
Be a trusted advisor to clients on all elements of risk management.
Responsible for ensuring the preparation and production of necessary account and programme documentation is dealt with within a timely manner.
Involved in the development of targeted marketing approaches to new programmes and products to maximise new business opportunities. Establishes and maintain strong business relationships with markets, clients and collaborates with colleagues to provide optimal service to clients.
Negotiates with markets to seek and achieves the most suitable and best possible contract terms on behalf of the client.
Provide coaching and guidance to team members and share broking expertise and knowledge.
Participate in the implementation of team and company initiatives and strategies. Supports and assists in the implementation of strategic plans and goals for the team and Company. Ensure compliance and adheres to at all times clients behaviours, values and regulative requirements, in particular the Tier 1 Conduct Rules (see below).
Active participation in an inspiring team environment with an open, equal and collaborative communication culture.
Skills and Knowledge
- Strong communication, negotiation and inter-personal skills.
- Ability to be self-disciplined to work alone and as part of a team.
- Show a strong technical understanding of market dynamics and how this impacts on existing and potential clients.
- Ability to analyse and dissect existing (re)insurance arrangements and to offer viable alternatives to the benefit of the client and organization.
- Considerable knowledge of market and products with an ability to adapt these to client needs Strong presentation abilities.
- Organised and able to prioritise/ re-prioritise due to constantly changing circumstances.
Conduct Rules
You must adhere to the following FCA Conduct Rules at all times and notify your line manager immediately of any actual or potential breach of these rules:
1. You must act with integrity
2. You must act with due care, skill and diligence
3. You must be open and cooperative with the 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
Salary Package
Very competitive salary and package, based on experience of the individual.
Full job description will be provided on request.
Referral Programme (UK only, and subject to terms and conditions)
Should you refer a friend and should we successfully place them within 12 months, we will give you a £250 voucher (at the retailer of your choice), so if you know someone that would suit this or other roles on our website www.nabus.co.uk, please follow the links.