Retail FI Broker
We are partnering with a leading insurance brokerage seeking an experienced Retail Financial Institutions Broker to join its growing Financial Institutions team.
This role will focus on advising and servicing clients across the retail financial institutions sector, including banks, lenders, fintechs, credit unions, asset managers, and other regulated businesses. The successful candidate will be responsible for managing client relationships, developing new business opportunities, and delivering tailored insurance and risk solutions across a range of financial lines products.
This is an excellent opportunity for an experienced broker with strong market relationships and expertise within financial institutions insurance.
Key Responsibilities- Manage and grow a portfolio of retail financial institutions clients
- Advise clients on risk management and insurance solutions across financial lines products
- Structure, negotiate, and place complex insurance programmes with insurers
- Develop new business opportunities within the financial institutions sector
- Build and maintain strong relationships with insurers, underwriters, and key market stakeholders
- Support clients through renewals, mid-term adjustments, and claims processes
- Deliver high levels of client service and technical expertise
- Monitor market trends, emerging risks, and regulatory developments impacting financial institutions
- Prepare client presentations, renewal reports, and market submissions
- Collaborate with internal teams including claims, compliance, and placement specialists
Experience across some or all of the following is preferred:
- Professional Indemnity (PI)
- Directors & Officers (D&O)
- Cyber
- Crime
- Fidelity
- Financial Institutions Combined policies
- Management Liability
- Errors & Omissions (E&O)
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