Crafting a broker cover letter can be daunting, especially if you're deep into job hunting and realize it's not just your resume that counts. Your cover letter shouldn't echo your resume; it's your chance to spotlight a singular triumph that you're exceptionally proud of. It requires a formal tone without falling into the trap of overused phrases. And remember, brevity is key—keep it to one page. Let's navigate these common hurdles and start writing a cover letter that stands out.
- Some inspiration from other professionals' job-winning cover letters;
- The best structure and format for your broker cover letter;
- Insights on how to write about your best achievement to stand out;
- A creative twist on your broker cover letter intro.
Upload your broker resume to Enhancv's AI, which will quickly scan and prepare a job-winning cover letter for you.
If the broker isn't exactly the one you're looking for we have a plethora of cover letter examples for jobs like this one:
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Broker cover letter example
LUNA THOMAS
New York City, New York
+1-(234)-555-1234
help@enhancv.com
Designing your broker cover letter: what is the best format
Let's start with the basics, your broker cover letter should include your:
- Header
- Greeting
- Introduction
- Body paragraph
- Closing statement
- Signature (that's not a must)
Next, we'll move to the spacing of your broker cover letter, and yes, it should be single-spaced (automatically formatted for you in our cover letter templates).
Don't go for a old-school font (e.g. Arial or Times New Roman), but instead, pick an ATS-favorite like Chivo, Volkhov, or Raleway, to stand out.
Our cover letter builder is also set up for you with the standard one-inch margin, all around the text.
Finally, ensure your broker resume and cover letter are in the same font and are submitted in PDF (to keep the formatting in place).
P.S. The Applicant Tracker System (or ATS) won't be assessing your [job] cover letter, it's solely for the recruiters' eyes.
The top sections on a broker cover letter
Header: This section should contain your contact information, the date, and the recipient's information, establishing a professional tone and providing easy reference for the recruiter to reply to your application.
Opening Salutation: It’s important to address the recruiter or hiring manager directly with "Dear [Name]," to add personalization and demonstrate that you’ve done your research on who is responsible for hiring.
Introduction: Begin with a concise statement that not only expresses your interest in the brokerage position but also includes a brief mention of your most relevant experience or achievements to immediately capture the recruiter's interest.
Body Paragraph(s): Tailor this section to highlight your understanding of market trends, your networking abilities, and key successes in client acquisition and retention, as these are critical skills for a broker and are of prime interest to the recruiter.
Closing Paragraph: In this section, reinforce your enthusiasm for the role, reiterate how your skills can contribute to the brokerage firm’s objectives, and include a call to action, such as expressing your hope for an interview.
Key qualities recruiters search for in a candidate’s cover letter
- Deep understanding of financial markets: Demonstrates the ability to analyze market trends and provide informed advice to clients.
- Strong sales skills: Essential for attracting new clients and selling financial products or services effectively.
- Exceptional communication and interpersonal abilities: Enables the broker to build trust with clients and communicate complex information clearly.
- Proven track record of meeting or exceeding sales targets: Shows the candidate's ability to be productive and successful in a competitive environment.
- Risk management expertise: Critical for advising clients on how to minimize potential losses while maximizing gains.
- Regulatory knowledge and compliance: Ensures that the broker operates within legal and ethical standards, maintaining the reputation of the firm and protecting clients' interests.
Greeting recruiters with your broker cover letter salutation
What better way to start your conversation with the hiring manager, than by greeting them?
Take the time to find out who the professional, recruiting for the role, is.
Search on LinkedIn, the company website. And for those still keen on making a fantastic first impression, you could even contact the organization, asking for the recruiter's name and more details about the job.
Address recruiters in the broker greeting by either their first name or last name. (e.g. "Dear Anthony" or "Dear Ms. Smarts").
If you're unable to discover the recruiter's name - don't go for the impersonal "To whom it may concern", but instead use "Dear HR team".
List of salutations you can use
- Dear Hiring Manager,
- Dear [Name of the recipient/title if known],
- Dear [Name of the Company] Team,
- Dear Members of the [Name of Department] Department,
- Dear [Mr./Ms./Dr.] [Last Name],
- Esteemed Colleagues,
What to include in those first two sentences, or your broker cover letter introduction
Have you ever wondered what the best way is to present your profile in the broker cover letter introduction?
There's no right or wrong answer if you're being concise and authentic to yourself.
Some professionals start their broker cover letter by:
- congratulating the company - focusing on something impressive, whether that's an award, an industry-leading project, or a key event;
- aligning their passion for the field or industry with the job - if you're enthusiastic about what you do, you'd thus grow your skill set and value as a professional.
How to select your best achievement for the middle, or the broker cover letter body
You probably feel exhausted by this point in your application: you've dived into all the details of your success and skills in your broker resume.
What else can you include in your broker cover letter body?
Well, for starters, the next three to six paragraphs should show you further value as a professional. Or, why should recruiters choose you?
Think back on a noteworthy achievement that answers key job requirements and dive deep.
Structure your broker cover letter middle as you'd a story: following chronological logic and highlighting outcomes, thanks to skills.
At the end of the day, you'd want recruiters to be able to see you as the best candidate for the role and understand more about who you are and what makes your success unique (and valuable to the role).
A sincere and original way to end your broker cover letter
When writing their broker cover letter, candidates tend to use one of these phrases, "Sincerely yours" or "I look forward to hearing from you".
Both statements show good manners, but your cover letter should end in a more actionable manner.
Write about:
- how you see yourself growing in the role/organization;
- the benefits you would bring about (you'd impress even more with tangible metrics);
- the next steps in the process (provide your availability for interviews).
Lacking experience: here's how to write your broker cover letter
As a candidate with no experience, it's important to be honest from the get-go of your application.
Use your broker cover letter to sell your unique talents. Choose an accomplishment from your academic background or your volunteer work to show the skills that are relevant to the role.
Focus on your career objectives and how you see the job to align with them. Be specific and, at the same time, realistic about where you picture yourself in five years.
Key takeaways
Within this Enhancv guide, we've provided you with plenty of advice and inspiration on writing your broker cover letter:
- Always make sure your broker cover letter is tailored to the role you're applying for to make a good impression on recruiters;
- In your broker cover letter include a header (with your name, the role you're applying for, date, and contact details) and an introduction of up to two sentences that highlight your key accomplishment or why you'd fit the role;
- Focus your broker cover letter body on one sole achievement through your career and all the valuable lessons, skills, and know-how you've learned (that are relevant to the role);
- Ensure your broker cover letter closing statement isn't generic and includes either a call to action or a promise;
- If you lack professional experience, shift recruiters' focus to a relevant achievement (thanks to your academic or versatile experience) or toward your dreams and goals for professional growth.
Broker cover letter examples
Explore additional broker cover letter samples and guides and see what works for your level of experience or role.
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