Broker - London, United Kingdom - The Ardonagh Group

The Ardonagh Group

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Purpose of the Role:

To facilitate the prompt placement of insurance/reinsurance contracts in accordance with the client's requirements and needs, in a timely manner, all in accordance with regulatory requirements and always acting in the best interest of the client.

Key Role Accountabilities:

To place business into the Lloyd's, London, and international markets.
To keep the relevant Producer/Account Executive/BBU Technician informed as to the status of accounts and general business issues.
To deal with new and renewal business, including midterm changes.
To ensure compliance with relevant Company and Market Rules and Procedures.
To ensure client and underwriter accounts are set up in compliance with Company Rules and Procedures.
To input new business, renewals, and midterm changes onto the Company's workflow systems.
To ensure that the Company's workflow systems are updated promptly to reflect the status of any risk.
To record and deal promptly with any telephone enquiries/other verbal enquiries, exercising own judgement, based upon knowledge and experience, as to when to refer to senior colleagues.
To ensure completion of market sheets and other broking notes.
To ensure files are completely accurate in accordance with Company Rules and Procedures.
To report promptly any material changes to Divisional Forecast.
To report breaches, errors & omissions, disputes, and complaints.
To ensure compliance with the Company's Rules and Procedures and other management instructions.

Qualifications & Experience Specification:

Essentials:

Detailed understanding and knowledge of the Company's requirements regarding FCA rules relating to relevant customers.
Detailed understanding and knowledge of general insurance and underlying legal principles.

Desirables:

ACII preferred.
Ability to prioritise and organise own workload to ensure that deadlines are met.
Ability to work under pressure without supervision.
Ability to develop and sustain internal and external relationships.
Team player.
Ability to negotiate and construct effective written communications.
Confident and effective telephone skills.
Confidence to challenge senior colleagues.

I.T. Skills