Apprentice Account Broker

53 Fore Street, Bovey Tracey, Newton Abbot, TQ13 9AB
£10,000.00 annually
Closing date
20 Dec 2021

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Role Type
Apprenticeship, Higher
Duties and Responsibilities:

New Business and Renewals - Commercial Insurances
  • Have the ability to renew existing policies
  • Be able to invite renewals and gather information from clients
  • Have the ability to contact prospective new clients and win their business as Brunel being their preferred Broker
  • To understand the nature of clients' businesses, minimum regulatory standards and requirements in respect of wording, excess, limit of indemnity and wherever possible exceed them
  • Have the ability to build and maintain on going relationships with clients
  • Negotiate with underwriters/insurers to gain the best possible terms for the client
  • Refer any business that is being moved away from the holding market/panel to a renewals team member and a Senior Broker if new business for sign off before moving
  • Have the ability to build and maintain relationships with underwriters and insurers
  • Be able to produce documentation for Insurers/Underwriters at all stages of negotiations
  • Be able to complete administrative tasks and data entry to the company's systems
  • Have the ability to check and verify policies, quotes and documentation received or produced internally
  • Be able to understand the requirements of performance and targets required individually and by department and meet those requirements
  • Keeping up with changes in the markets that we provide cover for our clients
  • To deal with general queries and mid-term adjustments on behalf of clients
  • To perform all Broker ad hoc or necessary duties as they arise

General Administration
  • To ensure appropriate, accurate and relevant documentation is received and sent to clients in the approved time frame
  • To ensure documentation to Insurers and or Underwriters is sent and responded to in the agreed
  • time framework
  • To forward to broker support appropriate and completed work documents in order for paperwork for processing and company records update

Requirements and prospects

Desired skills

  • Have the ability to create specialist quotations and policy documents
  • Have the ability to identify needs and demands of a client's commercial business
  • Strong IT skills
  • Attention todetail

Personal qualities

  • Friendly
  • Team player
  • Reliable

Desired qualifications

  • 5GCSE grade A*-C/ 9-4including maths and English or equivalent

Future prospects

  • Career progression after completing Apprenticeship

Things to consider

  • Apprentices are paid for their normal working hours and training that's part of their apprenticeship (usually one day per week)
  • The Apprenticeship National Minimum Wage guide is updated every April (ANMW):

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