Senior Political Violence and Terrorism Broker - London, United Kingdom - The Ardonagh Group

Tom O´Connor

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Tom O´Connor

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Description
Price Forbes is currently recruiting a Broker to join our Specialist Political Violence & Terrorism team based in London. The role is for a market and client facing activity within scope of responsibility.


Principal Task

  • Developing new business opportunities, maintaining, and adding growth and value to the business of the Company
  • Negotiating insurance contracts with underwriters, developing, and placing profitable business (face to face and remotely via electronic trading platforms)
  • Assisting the existing team in transacting new and renewal business.
  • Meeting clients and underwriters to discuss renewal and new business opportunities

Generic Knowledge Requirements

  • Sufficient knowledge, interest and understanding of Global Current Affairs (social, political, and economic)
  • Sufficient knowledge and understanding of the general concepts of insurance to be able to perform the Principal Tasks
  • Good working knowledge of the underwriters and markets in which the team trades; and their practices, documentation, and customs
  • Good working knowledge of the UK regulatory requirements, and of relevant insurance and regulatory requirements in other jurisdictions, as they affect the business of the Property Section

Specific Knowledge Requirements

  • Knowledge of Price Forbes practices, procedures, and service standards
  • Knowledge and/or awareness of Price Forbes IT systems and processes

Competencies Required

  • Ability to retain existing business and the confidence of the clients
  • Good problemsolving skills
  • Good level of numeracy
  • Ability to structure insurance programmes for complex risks.
  • Ability to build and maintain relationships with, and the confidence of, underwriters
  • Ability to understand and interpret customers' needs and requirements
  • Ability to work effectively as part of a team
  • Ability to work under pressure and to meet deadlines
  • Ability to use Microsoft Word; ability to use Excel and PowerPoint packages desirable
  • Demonstrate integrity and professionalism
  • Effective communication and presentation skills

Standard of Performance
and Conduct Expected

  • At all times behave in a way that upholds and promotes the good name and reputation of Price Forbes
  • Maintain the highest standards of professional endeavour, integrity, confidentiality, financial propriety, and personal conduct
  • Comply with Price Forbes practices, procedures, and service standards
  • Treat as paramount the quality of service provided to the customer in terms of speed of response, frequency of communication and the timely presentation of documentation
  • Deal honestly and fairly with fellow employees, customers, and others within the insurance profession.
  • Take responsibility for own learning and development; keep up to date with developments in law and practice relating to own field of expertise; and ensure that all external and internal training obligations and requirements are fulfilled.
  • Value other team members as colleagues
  • Ensure the completion of assigned tasks by team members
  • Accept responsibility not only for your own work, but also for the work carried on in your section; and the proper performance of the people whom you manage
  • Deal with the FSA, and with other regulators, in an open and cooperative way, when required to do so.
  • Ensure that the business of the firm for which you are responsible complies with the relevant requirements and standards of the regulatory system.

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