Average Broker salary in the UK

Location: London CitySalary: Up to £60,000per annumJob Type: Full-timeReed Insurance London are working to support a Central London based firm to recruit a Surety & Trade Credit Broker to join their Construction team. This role involves placing Surety and Trade Credit covers for clients, supporting Sales Executives and Account Executives, and managing client relationships to issue bonds within specified timelines. Knowledge of the trade credit market is essential, and familiarity with the surety market is advantageous. The role also involves attracting new clients through various sales and marketing strategies.Day-to-Day of the Role:Support and place all types of Surety Bonds and Trade Credit, advising clients on bond wordings and assisting in preparing these for insurance markets.Develop information from clients or prospects to determine bond requirements, collate underwriting submissions, and distribute to surety and trade markets.Negotiate terms and facilities with surety and trade credit markets and seek underwriter approval on bonds.Review and interpret company financial statements and present this information to insurers.Develop and maintain market relationships and issue invoices for new and extended bonds.Build client loyalty by providing professional, timely, and accurate service.Required Skills & Qualifications:Cert CII, Dip CII (desirable).Experience in Surety and/or trade credit.Construction sector experience preferred.Strong communication skills and an excellent team player.Proactive and able to manage a varied workload.Highly numerate with the ability to interpret MI and financial data.Proficient in the use of Microsoft 365.Ability to work independently and organise own workload, while being adaptable and willing to work under instruction.Benefits:Opportunities for professional development and continuous learning.Competitive salary and benefits package.Dynamic and supportive work environment.To apply for the Surety & Trade Credit Broker position, please submit your up to date CV and I will be in touch if your experience matches the above!

If you're an experienced Commercial Account Handler in Essex and want to get your teeth into bigger, more complex corporate clients, this is definitely worth a look. I'm working with a highly respected, established independent insurance Broker that's looking to add an experienced Senior Account Handler to its corporate team. The opportunity here is really about the quality and size of the clients you'll get exposure to. You'll be working alongside an experienced Senior Broker on a substantial portfolio generating over £1million in income with individual clients ranging from around £5,000 to £100,000 income in the main. At the top end, there is also exposure to significant corporate risks. One client alone has an annual insurance premium spend of more than £4million. The portfolio is genuinely varied, combining general corporate business with more complex clients and international insurance requirements, so there's plenty of scope to keep developing technically.What will you be doing?This is a true broking and client servicing role, rather than a high-volume processing position. You'll be involved across the full client lifecycle, including:Managing corporate renewals from preparation through to completionBroking risks and negotiating terms with insurersReviewing coverage, terms and policy wordingsSupporting the placement of complex and international insurance programmesWorking closely with senior client-facing colleaguesLiaising directly with clients, insurers and specialist marketsHandling mid-term requirements and ongoing client queriesBuilding strong insurer relationships and taking genuine ownership of your workWho would this suit?You might already be handling corporate clients and want access to larger, more technical risks, or you could be an experienced Commercial Account Handler who has built a strong grounding in the market and is ready to step up. You don't need to arrive having handled £4m premium clients already. What's important is that you're very technically capable, enjoy the broking side of insurance and have the appetite to keep learning.Why consider it?The culture is a big part of the attraction. It's an established business with the capability and insurer relationships to handle significant corporate clients, while retaining the personality and feel of an independent Broker. People are trusted to do their jobs, there's a collaborative approach across the team and good Account Handlers are genuinely valued. There's also real progression without the expectation that you have to move into sales. If technical broking is where your strengths lie, you can continue developing into larger clients, more complex placements and greater responsibility. If you eventually want to become more client-facing, that route is there too as is leadership. And importantly, you can get exposure to this calibre of corporate work without having to commute into London every day. If you're an Account Handler in Chelmsford, Essex or the surrounding areas and feel ready to get your teeth into bigger clients, I'd love to have a confidential conversation. You don't need to be actively looking. Sometimes it's just worth knowing what's out there.Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

Mortgage Broker - Employee Benefits ***All leads provided***About the Company:Our client is an award-winning brokerage that is looking to recruit successful, motivated and customer service driven Mortgages Brokers to work within their Employee Benefits team in London. Candidates must have experience of working with a high volume of leads / mortgage cases.About the Role:As an independent Mortgage Broker / Mortgage Consultant you will provide independent advice to clients regarding their property based finance needs. Working in busy, predominantly telephone based environment, you will be providing independent mortgage advice to clients as part of the employee benefits service offering - all leads provided!We are looking for mortgage brokers who are organised, customer service driven and ambitious. As the team develops, there will be the opportunity to take on management responsibilities.Responsibilities:Fantastic lead sourceMonday - Friday (Office based & Remote Working)Uncapped earning potentialGenuine career opportunityHigh profile brandQualifications:Full CeMAP or equivalentProven track record in mortgage salesMinimum 2 years experience mortgage advisory experienceRequired Skills:Be able to demonstrate strong mortgage sales skills and knowledgeDrive and enthusiasm.Customer service drivenHighly organised and able to deal with volume leads.Pay range and compensation package£35k Basic £5k Car / Travel Allowance + Uncapped Commission