Marine Insurance Broker
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| Job Type | Permanent |
| Location | Remote Based |
| Area | National, UKNorth West, UKEast of England, UKSouth East, UK |
| Sector | General Insurance |
| Salary | £50,000 - £65,000 + Bonus + Benefits (OTE £80,000) |
| Start Date | |
| Advertiser | Stephen Mallaband |
| Job Ref | SM/86650 |
- Description
- Our client is a leading Marine Insurance Broker in the UK, with a reputation for providing best in class service to their clients, and a supportive working environment to their team. Priorities for the business include a passion for Marine, exceeding client expectations whilst maintaining work-life balance.
As a Marine Insurance Broker, you will play a crucial role in connecting clients with appropriate marine insurance products to protect their assets and operations. You will be responsible for assessing clients' needs, researching available insurance options, and negotiating terms with insurance providers.
The ideal candidate must have a passion for insurance, along with a love of all things marine, strong analytical skills, and excellent communication abilities.
In return you’ll enjoy either a remote or hybrid working environment, (up to you), a supportive and highly successful team, and a business who will invest in training and development depending on where you wish to take your career.
Salary:
£50,000 - £65,000 depending on experience + Uncapped Bonus + Benefits including:- generous pension contribution,
- remote or hybrid working,
- A training and development plan from day 1.
- Away days and international travel (both for business and fun)
Responsibilities:
Client Assessment:- Conduct thorough assessments of clients' marine insurance needs, considering factors such as the type of vessels, cargo, geographical locations, and specific industry risks.
Market Research:- Stay informed about current trends, regulations, and developments in the marine insurance market.
- Research and analyse available insurance products from various providers to identify the most suitable options for clients.
Policy Recommendations:- Provide expert advice to clients on the appropriate marine insurance policies to mitigate risks and ensure comprehensive coverage.
- Customize insurance solutions to meet the unique needs of individual clients.
Negotiation:- Negotiate terms and conditions with insurance underwriters to secure the best coverage and pricing for clients.
- Build and maintain strong relationships with insurance providers to facilitate efficient and effective negotiations.
Documentation and Compliance:- Prepare and review insurance documentation, ensuring accuracy and compliance with regulatory requirements.
- Stay up-to-date with industry regulations and compliance standards to ensure adherence in all transactions.
Client Communication:- Communicate effectively with clients to explain insurance options, terms, and conditions.
- Provide ongoing support and address client inquiries or concerns throughout the insurance process.
Risk Management:- Collaborate with clients to assess and manage risks, offering proactive solutions to enhance their overall risk management strategies.
Market Intelligence:- Monitor industry trends, market conditions, and emerging risks to provide proactive advice to clients and stay ahead of potential challenges.
Qualifications:- Experience as Marine insurance broker is desirable (not essential)
- A love for “all things marine” is essential, as is insurance knowledge.
- Excellent analytical, communication, and interpersonal skills.
- Strong attention to detail and organizational abilities.
If you are a motivated professional with a passion for marine insurance and a commitment to delivering exceptional service to clients, we invite you to apply for this exciting opportunity. Join us in helping clients navigate the complexities of marine insurance and safeguard their maritime interests.
Contact:
Steve Mallaband
Reference: SM/86650
Candidate care:
By responding to this advert you consent to Cavendish Maine processing the personal data included within this application.
If your application is successful we will contact you to discuss the opportunity in more detail, within 48 hours of receiving your application.
Should you not hear from us within 3 working days please assume your application has been unsuccessful on this occasion. Please be advised that if unsuccessful for this role we may keep your details in our hold file for 6 months, during which time you may be contacted for other suitable vacancies. If you do not want us to do this please call us to advise.
In the meantime, we would like to thank you for your interest in Cavendish Maine.
