Average Insurance Broker salary in City of London

Private Clients High Net Worth Account Handler/Executive - Kensington, London Salary: Up to £60,000 (depending on experience), plus bonus, pension, and comprehensive benefits. Are you an experienced insurance professional with a passion for serving high net worth clients? We're partnering with a highly respected independent broker, renowned for arranging bespoke insurance solutions for affluent individuals both in the UK and abroad. This is an excellent opportunity to manage and grow a valuable book of private clients. You'll be responsible for placing and servicing personal insurances for high net worth individuals and schemes, handling everything from renewals and mid-term adjustments to new business inquiries. Key aspects of your role will include: Providing exceptional service to an existing client portfolio, from initial contact to policy issuance and ongoing support.Offering expert technical advice on a range of personal insurance products.Driving high levels of business retention through proactive client engagement. Responsibilities to clients will involve: Delivering a professional, friendly, and informative service at all times.Ensuring prompt responses to client requests and queries.Effectively prioritizing your daily workload to meet tight deadlines.Managing incoming communications (emails, correspondence, calls) efficiently.Maintaining a meticulous daily diary system.Collaborating constructively within the Private Clients team.Working independently and taking initiative in your daily tasks.Proactively minimizing errors and omissions. We're looking for someone with: Demonstrable experience in personal lines insurance, gained from either a broker or an insurance company.Specific expertise in High Net Worth insurance, particularly Household and Motor, would be highly advantageous.A strong level of technical expertise and a desire to continuously enhance your skills in a dynamic environment.CII qualifications, or active progression towards them, are particularly welcome.Previous experience with Acturis is a plus. If you wish to apply for the above position please click on the link and a consultant from Cameron - James will be inContact with you

Purpose of Role/Job Overview We are seeking a proactive and detail-oriented Compliance Officer to join our clients forward thinking Compliance team. This role is critical in ensuring our clients operations remain compliant with regulatory requirements, internal policies, and insurer expectations. You will play a key role in quality assurance, product governance, and conduct oversight, while supporting the business in maintaining high standards of compliance and customer care. Tasks and Objectives Responsible for supporting the Head of Compliance, dealing with various compliance-related tasks and requests, including but not limited to: Quality Assurance: Review and assess insurance documentation for accuracy, completeness, and compliance with internal standards, including policy wordings and version control. Service Level Agreements (SLAs): Ensure timely delivery of compliance support for Governance and Agency functions. Includes managing daily workflow and queries from the business, brokers and insurers efficiently. Insurer and Binder Management: Oversee compliance aspects of insurer relationships, binder agreements, and conduct requirements. Maintain and produce regular Binder Management Summaries. Audit Support: Assist in the completion of insurer audit recommendations and ad-hoc data gathering for audits. Complaints Handling: Oversee complaints management, including liaison with insurers and brokers, maintaining the Complaints Log, contributing to regular reports and conduct root cause analysis. Voidance/Cancellation Letters: Contribute to the writing of insurer cancellation letters and obtain insurer approval to issue Consumer Duty: Manage the Voidance/Cancellation Log, analyse Conduct MI and Team SLAs, and summarise demonstrable case studies in line with Consumer Duty obligations. Vulnerable Customers: Maintain the Vulnerable Customer Log and produce quarterly returns for insurers. Compliance Policies: Reviewing and monitoring the application of bespoke internal policies and procedures. Governance Registers: Oversee registers and provide annual reports for Breaches, Fitness and Propriety, Conflicts of Interest, Gifts and Hospitality, and Headshot Consent. Third-Party Approvals: Oversee the approval process and on-going due diligence for brokers, insurers, and suppliers. Sanctions Checks: Manage the sanctions screening process and ensure compliance with relevant regulations. Relationships: Building effective working relationships with internal and external stakeholders: brokers, customers, insurers, underwriters and senior managers. Administration: Timely, accurate and efficient processing of information into the database and filing systems. Attending and organising meetings for the Compliance team, and minute-taking as required. Answering incoming calls, taking messages and re-directing calls as required. Personal Profile Experience Minimum 5 years of experience in the insurance industry At least 3 years in a compliance or compliance-related role Strong understanding of the MGA and wholesale insurance market; prior experience in an MGA is highly beneficial. Skills/Abilities Excellent communication and stakeholder management skills. Strong organisational skills and attention to detail. Ability to work independently and collaboratively in a fast-paced environment. IT literate with experience of Word, Excel, PowerPoint, and database software Ability to apply tact and discretion when dealing with confidential information Qualifications Cert CII or equivalent Minimum of three A-Levels (A-C or 5-9 grade) or equivalent with at least one A-Level in Business Studies, Maths, English or an analytical subject Minimum of five GCSE’s (A*-C or 5-9 grades, to include Maths and English) or equivalent Personal Attributes Personable, hard-working and confident Energetic, pragmatic and approachable

Job Title: Senior Broker TechnicianLocation: City of LondonSalary: £40,000 - £60,000 + bonuses/benefitsWorking Pattern: Full Time Hybrid Job Type: TechnicianClass of Business: Non Marine & Management Risk About the Role A large Lloyd's Broker has a fantastic opportunity for someone to join its Non Marine & Management Risk department as a Broker Technician The role will be working within a designated Broker Support team assisting Account Executives and Brokers with all aspects of Broker support. Key Responsibilities Preparation of Broking information - accurate, timely, professional, and compliant presentations, renewal reports and other market/Client documentation as requiredMRC/MRCE preparation for new business, renewals, and mid-term adjustmentsPeer review of Insurance documentationIncorporate dealing with global business, across open market and binding authoritiesPreparation of risk level data/management reportsResolution of Accounts Queries, including actively chasing debt of allocated Clients to ensure collection within the company guidelinesResolution of internal/external technical queriesSubmission of Firm Orders via PPLEnsuring Broking files are up to date, tidy and in keeping with company guidelines and standards Key Skills & Experience The client is seeking someone previous experience within a similar role with some knowledge of Non Marine classes of business. They require excellent communication skills both written and verbal and have a high level of attention to detail ensuring that systems and procedures are adhered to and maintained. Ability to manage their time accordingly and seeking an opportunity that will offer career development and progression All applicants must have a permanent right to work in the UK