Technical Placement Broker - Corporate & Commercial

Posted 22/08/2024 by Howden Insurance Brokers Ltd

Remote job
Location:
Cheltenham, Gloucestershire
Who are we?

Howden is a collective - a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It's what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities - work / life balance, career progression, sustainability, volunteering - you'll find like-minded people driving change at Howden.

With over 50 years of experience as the student, education, and charity specialists, Endsleigh are part of a growing group of ambitious, high-growth, award-winning businesses that span the insurance value chain. We're dedicated to providing market leading insurance solutions for students, teachers, alumni, and education establishments that'll make sure they're protected at every step. Our people are the driving force of Endsleigh, creating an employee-owned company we're proud of. We aim to create an environment where teams can connect, collaborate, and work together to deliver an A-Grade service to all our customers.

Endsleigh are on the hunt for a Technical Placement Broker to support their team. We are looking for a Technical Placement Broker with proven relationship management experience with a strong insurer network of contacts and ability to operate effectively at all levels of the organisation and with external suppliers and partners.

This is a great opportunity to be part of a transforming business and you will be rewarded by a highly social team culture and competitive salary.

Please note this is a full-time, permanent opportunity. You will be based in our Cheltenham office and ideally be onsite for 2 days per week on average.

Overview:

  • Build and maintain strong relationships with our insurer partners, identifying opportunities to maximise income, enhance our customer proposition and deliver new products.
  • Placement of large and complex commercial risks across our insurer panel, ensuring the best terms for our customers and commercial terms for Endsleigh.
  • Work with colleagues to devise specific placement strategies for new and existing business - identifying appropriate markets and designing suitable insurance programmes.
  • Provide day to day support for trading teams, acting as a referral point, recommending markets for individual cases, and enhancing colleagues' broking capabilities.
  • Enforcement of placement strategy across insurer partners.
  • Ensure effective reporting and analysis of partner performance and delivery of recommendations to improve.
  • Onboard new partners - ensure Due Diligence is completed and review and negotiate TOBA.
  • Overseeing insurer audits and management of action plans.

Knowledge:

  • Must have a minimum of 5 years' experience in the insurance market.
  • Strong commercial lines insurance knowledge gained in a broking or insurance company environment.
  • Proven experience of commercial lines insurance broking or underwriting.
  • In-depth understanding of commercial insurance products and principles.
  • Experience in placement of complex risks.
  • Sound knowledge of FCA regulations.

Skills:

  • Excellent insurer trading and negotiation skills.
  • Strong analytical skills.
  • Ability to manage relationships and negotiate placements with the insurance market.
  • Highly commercially aware, ability to develop, understand and evaluate financial business cases/plans and modelling (both internally and externally).
  • Accuracy and attention to detail.

Qualifications:

  • GCSE Maths and English (or equivalent).
  • Cert CII (desirable for this role).


What do we offer in return?

A career that you define. At Howden, we value diversity - there is no one Howden type. Instead, we're looking for individuals who share the same values as us:

  • Our successes have all come from someone brave enough to try something new
  • We support each other in the small everyday moments and the bigger challenges
  • We are determined to make a positive difference at work and beyond


Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it's the right fit for you, send us your application - if your profile fits the role's criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Type:
Permanent
Contract Length:
N/A
Job Reference:
R0008312_1724329673
Job ID:
222209357

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