E&O Broker - City of London
£55,000 - £75,000 + benefits

A rapidly growing Lloyd's Broker is looking to expand their presence in the Commercial E&O Market and shift from 'reactive' to 'proactive' in this space.

They currently have some open-market wholesale business, emanating from the US, Canada and the UK and have great untapped potential within their global network. They also have the support of a dedicated technical team, which take care of PPL and other administrative tasks.

The role will entail:

• Receiving submissions from Producers and other companies in the group, setting up calls and NDAs.
• Providing advice to clients on coverage and pricing.
• Placing business into the Lloyd's, London and International markets.
• Dealing with new and renewal business, including mid-term adjustments.
• Relationship management of Brokers and Insurers.
• Broker meetings (mainly virtual, but occasionally in person).
• Researching and pursuing new Broker connections and new business opportunities through networking, referrals and conferences etc.
• Incentivising greater transfer of internal wholesale business.
• Representing the brand professionally at all times.
• Complying with relevant legal, regulatory and compliance requirements.

The ideal individual for this role will have:

• Experience of (open-market) Lloyd's broking.
• Knowledge of Commercial E&O/ Professional Indemnity insurance; ideally US, but UK/ International backgrounds will also be considered.
• London Market experience.
• Experience of managing client/ Broker relationships.
• Strong network of Underwriter connections.
• CII qualifications.
• Confident written and verbal communication skills.

In return, offer a this business offers a collaborative environment, a young ambitious, leadership team with an understanding about work-life balance. If individuals have business to bring to the table, a sensible conversation will be had around salary.

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