Trainee Insurance Broker
Are you looking for an exciting and rewarding career? Do you have good communication, team-working and interpersonal skills? If so, you should consider applying for this Trainee Insurance Broker position.
Qualifications required are GCSEs in English and Maths, grades A* - C. Having a Business Studies qualification is advantageous, as are A-levels, but these are not required. No previous insurance knowledge is required.
The Insurance Industry is a fascinating and exciting place to work. Career paths can be hugely varied and there is scope to work in a wide range of different roles.
Insurance brokers work on behalf of their clients, identifying and advising them on the risks that they face and how these risks can be minimised and insured. Our client is a forward-thinking and fast-growing Chartered Insurance Broker. Many of their managers and team leaders started as trainee brokers.
This broker uses their specialist knowledge to find and arrange suitable insurance policies for their clients: charities, churches, non-profit groups, care & housing organisations, property owners and community groups.
Each of their Trainee Insurance Brokers is fully supported to succeed in their role and career. In addition to a generous starting salary of £20,000, the trainee program allows you to learn quickly on the job, whilst studying to gain your professional CII (Chartered Insurance Institute) qualifications.
Their brokers complete the Certificate (Cert CII) and then can go on to achieve the Diploma (Dip CII) and finally the Associateship (ACII). They fund the cost of study materials and exams. They also allocate you with time, in work hours, to study for your Cert CII exams.
After one year a trainee can expect a salary income of £24,000 if they achieve business targets. Within two years, following successful competition of a probationary period, examinations, and other targets, you can expect to progress to the role of insurance broker (salary £25k - £30k).
Professionalism is highly important to them here. They are Chartered Insurance Brokers, demonstrating the importance they place on professionalism and the service they provide. You will need to be pro-active in ensuring that a high-quality service is provided to all clients at all times and to remain customer focused and embrace company ethics.
A typical day for a Trainee Insurance Broker here will involve:
- On the job learning and study.
- Speaking with existing clients on the phone to speak to them about their renewals.
- Preparing risk presentations and negotiating with underwriters to find the most suitable insurance for clients at the best price. If they need property insurance this may involve researching their property online.
- Using our in-house quote systems to provide quotes to smaller organisations.
- Ensuring clients understand the terms and the extent of the cover in addition to ensuring they meet all requirements.
- Admin tasks such as recording notes on the progress of each quote you are working on.
Are you enthusiastic, keen to learn, enjoy working with people and want a career with lots of opportunities for growth and earning potential? We look forward to receiving your application.
If you would like to discuss this role in more detail, please contact Kieran at CKB Recruitment.
Location: South Croydon | Salary: 20000 per year | Job type: Permanent | Posted: 08/06/2022