Insurance Placement Broker
Summary: The Insurance Placement Broker role involves supporting network brokers in placing commercial and personal lines business efficiently within the market. The position requires strong relationship management and technical knowledge in insurance, with a focus on responding to broker queries and providing market insights. This role is based in a prestigious insurance office in Bromley, known for its low staff turnover and excellent training opportunities. The successful candidate will have a proactive approach and a solid understanding of FCA compliance and insurance products.
Key Responsibilities:
- Respond to broker queries and placement requests promptly, professionally, and in line with agreed SLAs.
- Take full ownership of broker enquiries and quotation requests, adopting a proactive “can-do” approach to resolution.
- Provide technical guidance and market insight to support brokers with both commercial and personal lines placements.
- Develop and maintain strong relationships with network brokers, ensuring consistent engagement and high levels of satisfaction.
- Maintain accurate and up-to-date records of all broker interactions and activity on internal systems.
- Arrange and conduct regular meetings with brokers (virtual, telephone, or face-to-face where appropriate).
Key Skills:
- Proven experience in Commercial or personal lines insurance or related Insurance administration roles.
- Strong negotiation skills with the ability to build relationships with broker clients.
- Solid understanding of FCA compliance requirements and regulatory frameworks.
- Strong technical knowledge of insurance products, insurer market appetite and market practices.
- Experience using Acturis (ideally) and/or familiarity with broking and insurer systems.
Salary (Rate): £35,000.00 yearly
City: Bromley
Country: United Kingdom
Working Arrangements: on-site
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Have you been working in Insurance broking, underwriting or account handling and looking for a new challenge with a slightly unusual role in Commercial Insurance? Do you have the right skills and experience for this role Read on to find out, and make your application. The role focuses on placing commercial and personal lines business on behalf of network brokers, acting as a key support function to ensure risks are placed efficiently and effectively in the market. This is a successful and prestigious Insurance business office based in the Bromley area with low staff turnover and excellent training and prospects.
Duties
- Respond to broker queries and placement requests promptly, professionally, and in line with agreed SLAs.
- Take full ownership of broker enquiries and quotation requests, adopting a proactive “can-do” approach to resolution.
- Provide technical guidance and market insight to support brokers with both commercial and personal lines placements.
- Develop and maintain strong relationships with network brokers, ensuring consistent engagement and high levels of satisfaction.
- Maintain accurate and up-to-date records of all broker interactions and activity on internal systems.
- Arrange and conduct regular meetings with brokers (virtual, telephone, or face-to-face where appropriate).
Requirements
- Proven experience in Commercial or personal lines insurance or related Insurance administration roles.
- Strong negotiation skills with the ability to build relationships with broker clients.
- Solid understanding of FCA compliance requirements and regulatory frameworks.
- Strong technical knowledge of insurance products, insurer market appetite and market practices.
- Experience using Acturis (ideally) and/or familiarity with broking and insurer systems.
The role offers a solid starting salary with many other benefits, it is fully office based 5 days a week
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