Job Description

Role Overview

This position is responsible for:

Driving the administrative and operational efforts required to facilitate yacht insurance placements and client servicing.
Partnering with a diverse roster of policyholders and market intermediaries to ensure seamless risk transfer and policy maintenance.
Expanding the firm’s commercial footprint by supporting senior staff in a high-energy, sales-oriented marine insurance setting.

The role holder will be required to participate in structured professional instruction designed to foster long-term career evolution. You will actively engage with the Lloyd’s of London market, gaining hands-on experience with the unique protocols of the world’s specialist insurance hub.

The role involves high-level networking within the global maritime industry, which includes representing the organization at prestigious international yachting exhibitions and boat shows. You will contribute to a collaborative team atmosphere focused on technical accuracy and high-standard client delivery.

Regulatory Status

The employee will perform all duties in accordance with current Financial Conduct Authority (FCA) guidelines and industry-specific compliance standards. It is essential to uphold the rigorous ethical and professional mandates required by the Lloyd’s market and the broader marine insurance sector.

Personal Attributes

The role holder will be able to demonstrate the following:

Exceptional verbal and written interpersonal capabilities suited for a high-net-worth (HNW) client base.
A proactive and resilient attitude necessary for a dynamic, target-driven commercial environment.
A strong professional curiosity and a dedicated commitment to long-term skill acquisition within the maritime sector.
A team-centric mindset that contributes to a positive and encouraging organizational culture.

Technical Skills

Foundational understanding of insurance principles and contract administration.
Ability to learn and utilize specialist marine insurance software and Lloyd’s market platforms.
Strong organizational skills with the ability to manage multiple high-value placement files simultaneously.
Aptitude for analyzing risk data related to marine hull, liability, and luxury assets.

Control Oversight

The role is responsible for adhering to the below control framework and market changes:

Ensuring all documentation for yacht placements adheres to internal quality and regulatory standards.
Maintaining accurate records of client interactions and policy modifications within the firm’s CRM.
Participation in mandatory industry training and staying informed on shifting maritime laws and international insurance requirements.
Monitoring market trends in the global yachting industry to provide relevant insights for client presentations.

Job Data Table

Category	Details
Company Name	Compareyachtinsurance
Location	Greater London, United Kingdom
Locality	London
Country	United Kingdom
City	London
Region	Greater London
Job Type	Full-time
Salaries	Competitive (Based on experience)
Experience Level	Junior
Travel	International (Boat shows and client visits)
Language	English
Benefits	Career development, Lloyd’s market exposure, international travel

Skills & Competency Table

Key Skill	Level
Client Relationship Management	Intermediate
Yacht Insurance Fundamentals	Beginner
Lloyd’s Market Protocols	Beginner
Sales & Negotiation	Intermediate
Verbal Communication	Advanced
Marine Technical Awareness	Beginner

Salaries Pay Calculator Table

Annual Salary	Bonus	Total Compensation	Notes
£25,000	Performance Based	£28,000+	Entry point for fresh graduates or trainees.
£32,000	Performance Based	£38,000+	Mid-tier junior with 1-2 years experience.
£40,000	Performance Based	£48,000+	Senior junior transitioning to full broker.

Job Summary

This Junior Yacht Insurance Broker role in Greater London focuses on supporting placements and servicing for luxury vessels. It offers direct Lloyd’s market exposure and international travel to global boat shows. Ideal for resilient communicators, the role includes comprehensive training and a clear career path within a supportive, sales-driven marine firm.

5 FAQs

What kind of yachts will I be insuring? You will likely work on a range of vessels, from private motor yachts to high-value superyachts and racing sail vessels.
Is travel a mandatory part of the job? Yes, the role involves attending international boat shows to network and build client relationships.
Do I need a maritime background? It is not required, as full training and career development are provided by the firm.
What is the “Lloyd’s Market”? It is the world’s leading specialist insurance market in London where complex risks like yachts are underwritten.
Is this a sales role? Yes, it is described as a sales-driven environment focused on business growth and client acquisition.

Expert Analysis

In 2026, the yacht insurance market is facing increased complexity due to climate-related risks and high-tech vessel modifications.A junior broker entering this space benefits from “niche specialization,” which is often more recession-proof than general insurance. The exposure to international boat shows provides an elite networking opportunity rarely found in other entry-level finance roles.

Location & Logistics Guide

The role is based in Greater London, providing easy access to the City’s insurance district (EC3). While the primary office is in Greater London, regular visits to Lloyd’s of London and international travel are expected. The region is excellently served by the Elizabeth Line and major international airports for global travel. Wikipedia URL:https://en.wikipedia.org/wiki/London

Career Path

A Junior Yacht Broker typically progresses to a Senior Marine Broker or Account Executive within 3-5 years. From there, the path leads to Specialist Underwriting or Marine Risk Consulting . Given the HNW nature of the clients, many successful brokers eventually move into Private Client Wealth Management or Maritime Legal Advisory .

To apply for this job please visit talents.studysmarter.co.uk.