Apprentice Insurance Broker

Summary

A Level 3 Insurance Broker is required. This is a fantastic opportunity to enter the Insurance Sector and develop a rewarding career as an Insurance Broker. This apprenticeship aims to provide you with all the tools, qualifications and support necessary to launch a thriving career with our business. Duties include: building and maintaining ongoing relations with clients, and taking information from clients to enable assessment of their insurance needs and risk profile.

Annual wage

£15,000 a year

Minimum wage rates (opens in new tab)

£15k to £19k depending on experience with the opportunity for further increase as the candidate progresses through their training.

Training course

Insurance practitioner (level 3)

Hours

Monday to Friday 9.00am to 5.00pm

35 hours a week

Possible start date

Monday 21 October

Duration

1 Year 7 Months

Positions available

1

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

As an Apprentice Insurance Broker, you will need to complete a variety of tasks including:

Build and maintain ongoing relations with clients
Take information from clients, to enable assessment of their insurance needs and risk profile
Research insurance companies’ policies and negotiate to find the most suitable cover
Ensure that clients understand the terms and cover provided
Manage client needs throughout the policy life to include any amendments
Advise clients in respect of claims and how to mitigate risk
Support team members with managing their client base and answering customer queries via telephone and email.

Where you’ll work

9 King Edward Street

Macclesfield

SK10 1AQ

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

SKILLS EDGE TRAINING LTD

Your training course

Insurance practitioner (level 3)

Equal to A level

Course contents

Achieve desired business outcomes within own area of insurance responsibility, in line with the organisation's commercial aims and objectives.

Identify information from a range of sources to determine an appropriate course of action including a recommendation, a decision or a referral.

Analyse data to make evidence based decisions.

Apply organisational quality assurance policies and procedures in their role and within the limits of own authority.

Apply appropriate method of communication for audience and circumstances.

Records, verifies, maintains and where appropriate, shares information.

Compliant with relevant governance, policies and procedures.

Identify work with stakeholders and creates and maintains a network of stakeholders needed to undertake casework effectively and to conclusion.

Balances competing priorities in order to meet deadlines.

Builds and maintains positive relationships.

Work as part of a team to help achieve results.

Identify potential claims fraud and determine the correct action to prevent loss.

Manage insurance claims and/or payments within the limits of responsibility in line with policies and procedures.

Identify and manage insurance risks within the limits of responsibility in line with policies and procedures.

Recommend insurance and premiums decisions within the limits of responsibility and in line with organisational policies and procedures.

Gather and interpret relevant information to provide a return on insurance decisions.

Match client’s needs with available insurance products and services.

Optimises the potential return on insurance decisions within the scope of own role by identifying and positioning the client’s case with the insurer.

Achieve desired business outcomes within own area of insurance responsibility, in line with the organisation's commercial aims and objectives.

Identify information from a range of sources to determine an appropriate course of action including a recommendation, a decision or a referral.

Analyse data to make evidence based decisions.

Apply organisational quality assurance policies and procedures in their role and within the limits of own authority.

Apply appropriate method of communication for audience and circumstances.

Records, verifies, maintains and where appropriate, shares information.

Compliant with relevant governance, policies and procedures.

Identify work with stakeholders and creates and maintains a network of stakeholders needed to undertake casework effectively and to conclusion.

Balances competing priorities in order to meet deadlines.

Builds and maintains positive relationships.

Work as part of a team to help achieve results.

Your training plan

Apprentices will work towards the Insurance Practitioner Level 3 Apprenticeship Standard:

Fully and part funded learning and development programme that includes the Cert CII
Develop the knowledge, skills and behaviours of successful Insurance Practitioners
Role-specific route ways tailor the apprenticeship to the job role:
- Claims Handler/Loss Adjuster
- Assistant Underwriter
- Junior Broker
Free CII membership for non-members through the CII Aspire Apprenticeship Programme
Includes digital CII study books and exam entries
Resit costs for CII exams and End-Point-Assessment will be covered by the employer
Fortnightly workshops for each CII exam
All workshops recorded and available on-demand
Interactive chat, forums and class notebooks for real time support and assistance from experienced and qualified insurance professionals
Exam tips, tricks, and strategies
Regular tutorials and assessments with sector experts.

Requirements

Essential qualifications

GCSE or equivalent in:

3 Additional Subjects (grade Grade 4(C))
English (grade Grade 4(C))
Maths (grade Grade 4(C))

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Communication skills
IT skills
Attention to detail
Organisation skills
Customer care skills
Problem solving skills
Administrative skills
Number skills
Analytical skills
Logical
Initiative

Other requirements

We are moving our office to Stockport from January 2025.

About this company

From our base in Macclesfield, Cheshire we provide insurance solutions for UK based businesses from a wide range of sectors. We are completely independent and this is important to us as it frees us of any constraints and allows us to select products from the whole market, giving our clients the right solutions every time. We are moving our office to Stockport from January 2025.

https://lloydbolam.co.uk/ (opens in new tab)

After this apprenticeship

Possible permanent role upon completion with further progression within the business.

Ask a question

The contact for this apprenticeship is: