Senior Broker
1. Manage the placement of predominately Large Corporate, Complex or Multi class solutions
2. Opportunity to manage the placement of commercial and mid-corporate new business and renewals
3. Hybrid up to 60% homeworking options available
About the role
Due to substantial growth, we are looking for a Senior Broker within our National Intermediary Services (NIS) department. The role will focus on new business and supporting and negotiating terms with our insurers. Further involvement in the support of the renewal of existing policies and involves the oversight and tactical placement of business to ensure retention and high-quality outcome for the benefit of NFU Mutual customers.
You’ll manage the placement of commercial and mid-corporate new business and renewals ranging from casualty, property and additional lines of business supporting our office network of Agents throughout the process. You’ll liaise with insurance partners to obtain and negotiate appropriate terms and ensure they’re provided in line with our agreed criteria.
Another part of your role will be to attend meetings with our office network to work on new business pipelines and discuss upcoming renewals and cross-selling opportunities. As a subject matter expert, you may support our Agents in the field, accompanying them on client visits to provide information on the best placement of their insurances. If you have experience and knowledge of the commercial insurance market, having operated in either a broker or insurer, and looking for a new and different challenge, this role could be for you.
You’ll identify opportunities for product and pricing enhancements and negotiate and deliver agreed improvements designed to ensure NIS delivers the best products and maintains competitive advantage. Deliver short term/ one off projects and activities as required by and to the standards and outcomes agreed with Line Manager.
You’ll also seek out potential enhancements for products and pricing strategies, and successfully negotiate and implement the agreed-upon advancements. These efforts are aimed at ensuring that NIS consistently offers top-tier products and secures a competitive edge. Additionally, execute short-term or singular projects and tasks to the quality and results specified and agreed upon with your Line Manager.
** Role known internally as NIS Broking & Technical Specialist**
This role falls under Insurance Distribution Directive requirements, and as a result, role holders will be required to demonstrate ongoing Continuous Professional Development in role, along with undergoing regular re-screening to show that they are of “Good Repute”. Further information can be found in the .
About you
Ideally Dip CII qualified, you’ll have trading experience either within an insurer or large broker in a market facing trading role.
Strong knowledge of the general commercial insurance market combined with technical expertise in commercial lines is key. You’ll also bring your knowledge within High-Risk Liability, Complex Property and with London Market Placements.
In terms of skills, you’ll possess excellent negotiation and influencing combined with the ability to lead driving performance through others. You’ll have an analytical mind with ability to problem solve on technical cases.
We will be keen to hear more about your experience in delivering results in a targeted insurance regulatory environment, your technical knowledge of commercial general insurance products and your understanding of trading in the marketplace.
At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.
We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.
We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.
Benefits and Rewards
When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:
4. Up to £65k dependant upon experience
5. Annual bonus (up to 17.5% of salary)
6. Contributory pension scheme, up to 20%, including your 8% contribution
7. 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
8. A Family Friendly policy that helps you balance your work and family responsibilities
9. Access to savings at High Street brands, travel and supermarkets
10. £20 contribution to a monthly gym membership – subject to T&Cs
11. Health and wellbeing plan - cashback for dentist, opticians, physio and more
12. Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
13. Employee Volunteering - volunteer in the community for one day each year
14. Unlimited access to Refer a Friend £500 bonus scheme
15. Life Assurance cover of 4 x salary
16. Employee discounts of 15% on a range of NFU Mutual insurance policies.
Working at NFU Mutual
We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us. We pride ourselves on being “a great place to work” and we're one of only 60 companies across the globe to receive a Gallup Exceptional Workplace 2024 award, and one of only 2 companies to receive the award for the ninth consecutive year. We were also named in the LinkedIn Top 25 Companies List 2021, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023 and 2024.
We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.