Trade Credit & Surety Broker
London, City and County of the City of London
£50,000 - £90,000/annum
Posted 1 day ago
About the role
Your new company
Your new job as a Trade Credit & Surety Broker will be working for a specialist highly respected Lloyd's Insurance Broker with offices based around the UK including the City, London and the Southeast, who provide unparalleled services to meet client demands and needs. They have more than 100 staff across the offices and are looking to expand that number further. This is an excellent opportunity to join a well-established business with a strong market reputation and an ambitious growth strategy within the surety and trade credit market.
Your new role
You will play a key role in advising and placing Trade Credit Solutions and Surety Bonds, supporting existing relationships while also driving new business opportunities. Working closely with clients, insurers and internal stakeholders, you will be responsible for managing placements from initial enquiry through to completion, negotiating terms with insurers and delivering a first-class client experience.Key responsibilities include:
Placing and servicing a range of Trade Credit and Surety business from inception to completion
Visiting clients, and dealing with them on a day to day basis.
Preparing and presenting underwriting submissions to the market.
Negotiating terms and securing competitive solutions for clients.
Reviewing and interpreting financial information and company accounts.
Managing insurer and underwriter relationships.
Supporting the wider business with technical expertise and market knowledge.
Developing client relationships and identifying new business opportunities.
Attending client meetings and networking events to generate revenue growth.
Seek underwriter approval on bonds where lines of authority are not in place. And keep clients advised of underwriting requirements
Issue invoices where appropriate for new and extended bonds. Obtain release documentation as appropriate. Keep client facility updated.
Work closely with the Construction teamWhat you'll need to succeed
To be successful in this role, you will have:
Experience within Surety, Trade Credit as a Broker or Account Executive with ideally exposure to complex placements (preferred but not essential)
Strong understanding of trade credit products and market dynamics.
Strong organisational and time management skills.
Cert CII or Dip CII qualifications would be advantageous.
PLEASE ONLY APPLY FOR THIS ROLE IF YOU HAVE EXPERIENCE IN TRADE CREDIT OR SURETY AND WORK WITHIN INSURANCE AS EITHER AN ACCOUNT EXECUTIVE, ACCOUNT MANAGER, OR BROKERWhat you'll get in return
You'll be offered a competitive salary of up to £90,000 + Bonus and Benefits, depending on experience you'll receive support from both directors your colleagues and management. You'll enjoy working as part of a growing Lloyds broker with a friendly team and the unique vision to develop long-term client needs. Strong career progression prospects. Support for professional development and insurance qualifications.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at (url removed)
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