Upstream Energy Broker - TPD 359

Job Type: Broker

Salary: £55,000 - £58,000 dependent on experience

Location: Central London

Sector: Underwriting

Job Description

The main responsibilities of the role are:

  • To place business into the Lloyd’s, London and International markets.

  • To keep the relevant Producer/Account Executive/BBU Technician informed as to the status of accounts and general business issues.

  • To deal with new and renewal business, including mid-term changes.

  • To ensure compliance with relevant Company and Market Rules and Procedures.

  • To ensure client and underwriter accounts are set up in compliance with Company Rules and Procedures.

  • To input new business, renewals and mid-term changes onto the Company’s workflow systems.

  • To ensure that the Company’s workflow systems are updated promptly to reflect the current status of any risk.

  • To record and deal promptly with any telephone enquiries/other verbal enquiries, exercising own judgement, based upon knowledge and experience, as to when to refer to senior colleagues.

  • To ensure completion of market sheets and other broking notes.

  • To ensure files are completely accurate in accordance with Company Rules and Procedures.

  • To report promptly any material changes to Divisional Forecast.

  • To report breaches, errors & omissions, disputes and complaints.

  • To ensure compliance with the Company’s Rules and Procedures and other management instructions.

    Compliance:

  • Comply with relevant legal, regulatory and the Company’s compliance requirements, Errors and Omissions (E&O) compliance procedures and quality initiatives.

  • Escalate any potential E&O's to Divisional Directors and the Legal & Compliance team at the earliest opportunity.

    Key abilities:

    3 – 5 years’ experience, ideally in Upstream Energy, familiar with key Energy market underwriters

  • Knowledge of the following typical Energy coverages – Physical Damage, Control of Well Bi / LOPI and associated CAR (Construction All Risk).

  • Detailed understanding and knowledge of the Company’s requirements regarding FCA rules relating to relevant customers.

  • Detailed understanding and knowledge of general insurance and underlying legal principles.

  • ACII preferred.

  • Ability to prioritise and organise own workload to ensure that deadlines are met.

  • Ability to work under pressure without supervision.

  • Ability to develop and sustain internal and external relationships.

  • Team player.

  • Ability to negotiate and construct effective written communications.

  • Confident and effective telephone skills.

  • Confidence to challenge senior colleagues.

  • I.T. Skills – MS Word, MS Excel, accurate data input are essential.

     

Further details on application to:

mo@tpdassociates.co.uk