Senior Broker

Job Vacancy
Sep. 2021

Introduction

Bell & Clements is a specialist insurance company offering expertise in underwriting, broking and capacity management provisions for Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through inhouse binding authorities, while providing customers with access to Lloyd’s, US and international markets. Bell & Clements has been part of the Munich Re Group since 2007 and is a registered Lloyd’s broker.

There are over 120 staff based across the London headquarters and two U.S offices in Virginia and New Jersey with close collaboration throughout. Bell & Clements offers industry leading technology solutions that benefit both customers and inhouse processes. Being part of the Munich Re Group enables an inclusive culture that is progressive and ambitious with an established employee benefits program.

Broking Department

Based in London, the Broking Department currently has a team of 4 employees.  

The Role –Senior Broker

Overview

To produce, broke and negotiate North American Property (ideally binding authority) business to current and emerging markets.  To produce general information for presentation to Underwriters and Clients.

Broking Responsibilities 

  • Build, develop and maintain existing business relationships through proactive contact. 
  • Produce and develop new business opportunities for new and existing clients.
  • Produce and present statistical and data analysis relating to performance of London placed business. 
  • Manage the entire process relating to the placement of assigned contracts with Lloyd's Syndicates and London Companies. 
  • Request from clients and prepare contract renewal presentation material for syndicates. 
  • Negotiate contract placements with clients and markets. 
  • Monitor the US Contract renewals and help ensure that renewals are issued in good time. 
  • Liaise with In-House Underwriting and GLUK Underwriting divisions on business and customer issues. 
  • Liaise with the Claims Department in the resolution of Underwriter Claims queries.
  • Handle new and renewal open market risks.
  • Assist in resolving queries from other departments in a timely manner.
  • To provide assistance to the Chief Broking Officer and Head of Broking as required in order to achieve the departments objectives.   
  • To support with the training, development and knowledge sharing within the team and across the business where required.

Other Responsibilities

  • Take responsibility for resolving queries from other departments, insurers & clients.
  • Ensure all queries are dealt with in a timely manner by telephone or in writing. 
  • Identify when additional assistance is required to resolve queries and request assistance from senior staff member or other departments wherever necessary
  • US travel / Client visits as and when required.

Skills and experience 

  • Over 10 years experience in North American Property (ideally binding authority) business
  • Excellent negotiation and communication skills 
  • Strong analytical and numerical skills
  • Understanding of the market and industry, ability to identify changes and adjust accordingly
  • Proven relationship builder with Underwriters and customers, broad network of relationships across the market
  • Collaborative, team player
  • Innovative thinker, actively seeks out new opportunities and ways of doing things
  • Results, solution and delivery oriented
  • Ability to prioritise, work under pressure and meet deadlines
  • Excellent presentation skills 


Terms and Conditions

  • This position is offered on a permanent basis. 
  • Annual salary will be dependent on the skills and experience of the successful candidate.
  • Benefits as per Bell & Clements standard employee offering (upon successful completion of any probationary period)

Equal Opportunities

Bell and Clements is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, transgender status, religion or belief, marital status, or pregnancy and maternity.

Category: Job Vacancy
Tags: Broking | London