Commercial Insurance Broker – Edinburgh – £42,000
Are you an experienced Commercial Insurance Broker? Do you have experience as an underwriter and are looking to get into a broking-focused role? A leading independent broker is looking to add a head to their established, specialist team.
This role will offer the opportunity to work alongside some incredibly experienced and well-connected insurance professionals, offering the chance for genuine professional growth and development.
What will the day-to-day look like?
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- Provide accurate and timely new business quotations for all classes of Commercial Insurance
- Offer tailored advice and guidance to clients, ensuring their insurance needs are met effectively
- Refer complex cases to the Head of Department or other authorised personnel when necessary
- Initiate and manage insurance cover for new clients, ensuring all relevant paperwork is completed, premiums are collected, and records are updated
- Issue Certificates of Insurance and Policy Schedules where required, ensuring clients receive the correct documentation
- Handle mid-term adjustments for existing clients, ensuring accurate policy updates and communication with insurers
- Manage the renewal process for existing clients, including reviewing coverage, providing quotations, and negotiating with insurers to offer the best terms
- Ensure all renewal documentation is accurate and completed in a timely manner, with premiums collected and records maintained
- Thoroughly review all client documentation before dispatch, ensuring accuracy and completeness
What experience is needed?
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- Strong understanding of FCA Rules, GDPR, and relevant legal frameworks such as the Rehabilitation of Offenders, Disability Discrimination, and Race Relations Acts
- Knowledge of money laundering legislation and the Law of Agency
- In-depth knowledge of General Insurance principles including insurable interest, utmost good faith, indemnity, contribution, average, and subrogation
- Understanding of underwriting, rating factors, and their application across various Commercial insurance classes
- Comprehensive knowledge of the UK General Insurance market, particularly in Commercial & Charity insurances
If this sounds like a role that is of interest and you have the relevant experience, apply with an up-to-date CV. You can also get in touch with Alistair Dickson to learn more on adickson@hrcrecruitment.co.uk
Helping to grow great careers and great businesses.