Average Commercial Broker salary in the UK

?? Elevate Your Insurance Career at Bionic!  ?? One of our fastest growing departments within Bionic - offering outstanding progression, commission scheme and your Bionic funded CII qualification! Base salary: £27,000 - £35,000 (dependant on experience)OTE: up to £47,000?? The Bionic Group We are Bionic, the UK’s number one business comparison and switching service. It’s our mission to make it radically easier to run a small business and earn the lifetime loyalty of British businesses. To do this, we combine world-class human service with smart technology and data. This means our tech-enabled experts can quickly match business owners with the best deals on their business essentials – energy, connectivity, insurance, and finance. We also partner with leading price comparison websites, including Compare the Market, MoneySuperMarket, Uswitch for Business, and Confused.com, who trust us to provide their business energy switching services. ?? Join Us as a Commercial Insurance Broker! We are currently seeking 2 friendly and driven Commercial Insurance Brokers to join our fast-paced insurance sales department. In this role, you will be responsible for understanding our customers' commercial insurance needs and building strong relationships with them. You'll have the opportunity to work with warm, inbound leads from multiple sources and provide tailored insurance solutions to meet their specific requirements. Situated in our vibrant, award-winning sales floor, you will be: Building and maintaining strong relationships with our customers, keeping them at the centre of our processes and interactions Understanding our customers' insurance needs and providing the right level of protection to meet those needs Complying with regulatory requirements, including Data Protection and FCA guidance, as well as adhering to our governance and control framework Developing and maintaining relationships with Insurers and Managing General Agents (MGA's) Negotiating policy terms and premiums with Insurers and MGA's Identifying opportunities to cross-sell our other services to existing Bionic customers Converting new customers from lead to quote to policy within defined conversion metrics Ensuring high renewal rates by effectively managing existing customer relationships Efficiently managing your diary, scheduling and attending meetings, and maintaining accurate records in our systems Handling customer queries and processing Mid Term Adjustments (MTAs) to existing policies efficiently and within agreed timeframesManaging your inbox proactively, responding promptly to customer and insurer queries, and escalating any concerns to your Team Leader or the Technical team where appropriate?? About YouProven track record in building and maintaining relationships with Insurers, with the ability to negotiate policy terms and costs Demonstrated sales ability in securing new business deals of all sizes, with excellent conversion rates Exceptional written and oral communication skills Excellent time management and problem-solving abilities Experience of working in highly regulated insurance industry is essential Progress towards relevant qualifications such as CII is preferred Upon passing probation, you’ll gain full support for your CII studies, including access to our comprehensive apprenticeship programme designed to help you progress, develop your industry knowledge, and build your insurance expertise.Benefits We know that our employees are what sets us aside from our competitors, our benefits are just part of the way we say thanks.  Enhance your health & wellbeing ??  Private healthcare cover  Employee Assistance Programme, including a virtual GP service, priority physio & talking therapies  Eyecare scheme  Taking time away from work ???  25 days annual leave, increasing with tenure  1 paid family & religious day of leave per year - following successful probation period  1 paid charity volunteering day per year  Option to buy/sell up to an additional 3 days leave per year   Family matters: for the special moments ??  Enhanced maternity, paternity or shared parental leave  2 days off for your wedding upon joining, and up to 5 days after 2 years' service  Financial wellbeing ??  Auto-enrolled salary sacrifice pension scheme   Life assurance  Season ticket Loans, salary advances & loans to buy/rent a home – based on tenure  Cycle to work scheme   Recognition ??  Highflyers incentive, a VIP experience for our high performers across Bionic group to celebrate success  Company summer & Christmas party celebrations, business and local zonely & annual awards and recognition   Long service awards 

Job title: Senior Commercial Insurance Broker Contract Salary:  £40,000 + Benefits Location: Dumbartonshire PURPOSE OF ROLE Are you interested in joining a leading commercial insurance broking company based in Dumbartonshire offering a salary to £40,000 plus benefits? This opportunity would suit an experienced technical insurance broker, who is dedicated to providing excellent customer service whilst working in a dynamic and fast-paced work environment. As a Commercial Insurance Broker, you will play a crucial role within the established team of brokers, account executives, and claims handlers. The primary focus of this role is to handle mid to large risks, providing top-notch broking support to clients. THE ROLE Provide broking support on all classes of commercial insurance including motor, property, EL, PL, commercial combined, D&O, cyber, etcPrepare quotations, handle renewals, process market submissions and check policy wordingDevelop strong relationships with commercial insurance clients and insurer partnersWork on achieving renewal retention and growth ratesSecure the most competitive terms to meet client requirementsConduct client visits to build and strengthen relationshipsIdentify and act upon new business opportunities EXPERIENCE  Minimum of 5 years of commercial insurance broking experienceKnowledge of mid to large size risksSkilled in handling new and existing businessStrong understanding of most classes of commercial insuranceIdeally working towards or gained Chartered Insurance Institute qualificationActuris experience is advantageous WHAT IS ON OFFER Competitive salary up to £40kAgile working, with a mix of home and officeCompany pensionFlexible benefits suite26 days holiday plus 8 public holidaysSupport towards insurance exams  If you possess a track record within commercial insurance broking, excellent communication and interpersonal skills, a proactive approach and a passion for the broking industry, please get in touch for a confidential chat.  If you have the relevant experience or know someone that does please contact me now on 07458 162 859 or email us at

Commercial Insurance Broker Sale, Greater Manchester £30K - £40K The Company A well-established independent insurance brokerage who are backed by a thriving national network, is seeking an experienced Commercial Insurance Broker to join their team in Sale. Focusing on Known for their professional and impartial advisory based approach, they cater to SME, and Mid-Market clients across a wide range of industry sectors, you will be providing cross-class tailored insurance solutions. The Role As a Commercial Insurance Broker, you will be maintaining an existing portfolio of clients as well as developing new clients and your responsibilities will include: Working with a portfolio of new and existing clients, in close collaboration with the team to provide tailored insurance solutions across lines including but not limited to Casualty (Public Liability, Employers Liability, Product Liability), Professional Indemnity, Fleet, and SME Packages for Retail, Hospitality etc.Providing comprehensive customer support and advice to meet the insurance needs of your clients.Develop a strong understanding of the clients business and requirements, and their risks.Dealing with new business enquires, and cross-selling to your existing client base.Liaising and negotiating with insurers to identify the most suitable insurance products for your clients.Handling day-to-day queries and enquiries from both clients and insurers.Providing outstanding customer service, developing lasting relationships. About You A minimum of 2 years experience in the insurance industry as either a Commercial Account Handler, Commercial Broker, or Commercial Account Manager - this is essential!Experience and confidence of working with SME and Mid-Market clients.In depth knowledge of Liability insurance products is a must, and experience across other commercial lines is highly desirable.Excellent customer service and relationship-building skills both in person and over the phoneCII qualification or working towards would be advantageousExcellent attention to detail and organisational skillsStrong PC skills If you're a Commercial Insurance professional looking for a role that will provide you with autonomy, accountability, stability and long-term opportunities this is the job for you!