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- Tasks: Support business development and build key broker relationships across Europe.
- Company: Join Allied World, a global leader in creative risk solutions with 1,400+ dedicated employees.
- Benefits: Enjoy a friendly, inclusive culture with opportunities for growth and professional development.
- Why this job: Be part of a dynamic team driving innovation and success in the insurance industry.
- Qualifications: Strong relationship management skills and a passion for the insurance sector are essential.
- Other info: Professional insurance designations like DipCII/ACII are a plus!
The predicted salary is between 43200 - 72000 £ per year.
At Allied World we have over 1,400 talented and loyal employees working in 20 offices globally who service clients throughout the world. We are focused on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Our employees share our passion for progress and success, and we are looking for talented committed people to join our team. We take great pride in our culture, offering an inclusive, friendly and rewarding working environment, and are excited at the prospect of hiring for this role.
Description of the Role & Responsibilities
- Working closely with the Head of Business Development to support the Allied World European Distribution Strategy.
- Develop Key Broker relationships and identify growth opportunities within appetite across Open Market and Portfolio Solutions.
- Support and develop the approach to Client Management across multiple lines of business.
- Develop and maintain strong relationships with a wide range of stakeholders internally and externally to drive in-house efficiency and promote Allied World’s capabilities.
- Leverage data and analytics to drive and support Broker performance and Business growth initiatives including Pipelining and Cross Sell.
- Coordination and leverage of the Company’s European strategic broker partnerships.
- Initiating new and developing existing Broker relationships aligned to Allied World’s strategy across the London, Manchester and Dublin offices.
- Managing Broker Leadership and Line of Business meetings ensuring the involvement of appropriate personnel with a clearly defined purpose and demonstrating follow up activity.
- Promoting Allied World products and services to Broker partners to enhance our profile.
- Providing visibility for Broker Facility opportunities and supporting tender responses.
- Coordination of cross-class client opportunities.
- Attending key Broker conferences across the UK.
- Tracking Industry news and M&A activity.
Business Growth
- To work closely with colleagues in the London, Manchester, Dublin offices to fully understand appetite and embed Business Development.
- Connect with Business Development & Distribution colleagues globally to stay aligned on Broker engagement/performance and share best practice.
- Coordination of Underwriters engagement with broker pipelining and cross sell tools, including levels of usage and ensuring regular training undertaken.
- Maintaining and evolving the European Distribution Sharepoint page to provide colleagues with access to market intelligence and broker insights.
- Create and drive project ideas to support Business Development efforts.
- Work with the MI and Data team to continuously review and develop Business Development MI and Dashboards.
- Collaborate with Marketing team – Content, Announcements, Events, Conferences.
- Compliance with all internal processes and maintaining up-to-date records.
Person Specification
- Strong account/relationship management experience.
- Highly organised with planning and prioritisation skills.
- Excellent interpersonal skills and the ability to work within a team.
- An enthusiastic individual who is committed to a career in the insurance industry.
- Be able to demonstrate outstanding academic and extracurricular achievement.
- Professional Insurance Designation such as DipCII/ACII desirable.
Assistant Vice President, Business Development & Distribution employer: Allied World
Contact Detail:
Allied World Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Vice President, Business Development & Distribution
✨Tip Number 1
Network actively within the insurance industry, especially with professionals who have experience in business development and distribution. Attend industry events and conferences to meet potential colleagues and brokers, as these connections can lead to valuable opportunities.
✨Tip Number 2
Familiarise yourself with Allied World's products and services, as well as their current market position. This knowledge will help you engage more effectively with brokers and clients, demonstrating your commitment to the company's success.
✨Tip Number 3
Showcase your relationship management skills by preparing examples of how you've successfully built and maintained professional relationships in the past. Be ready to discuss specific strategies you've used to drive business growth and enhance client engagement.
✨Tip Number 4
Stay updated on industry news and trends, particularly regarding mergers and acquisitions. This knowledge will not only help you understand the market better but also allow you to identify potential growth opportunities for Allied World.
We think you need these skills to ace Assistant Vice President, Business Development & Distribution
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development and relationship management. Use keywords from the job description to demonstrate that you understand the role and its requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the insurance industry and your commitment to building strong broker relationships. Mention specific examples of how you've successfully developed client management strategies in the past.
Highlight Relevant Skills: Emphasise your organisational skills, ability to work within a team, and any professional insurance designations you hold. These are crucial for the role and should be clearly stated in your application.
Showcase Your Achievements: Include any outstanding academic or extracurricular achievements that demonstrate your commitment and capability. This can set you apart from other candidates and show your potential for success in the role.
How to prepare for a job interview at Allied World
✨Research the Company and Role
Before your interview, make sure to thoroughly research Allied World and understand their business model, values, and recent developments. Familiarise yourself with the role of Assistant Vice President, Business Development & Distribution, and how it fits into the company's overall strategy.
✨Showcase Relationship Management Skills
Given the emphasis on developing key broker relationships, be prepared to discuss your past experiences in relationship management. Highlight specific examples where you successfully built and maintained strong partnerships, and how those contributed to business growth.
✨Demonstrate Analytical Thinking
Since the role involves leveraging data and analytics, come prepared to discuss how you've used data to drive performance in previous roles. Be ready to share examples of how you’ve identified growth opportunities or improved processes through analytical insights.
✨Prepare Questions for Your Interviewers
Having insightful questions ready shows your genuine interest in the role and the company. Ask about the company's approach to client management, how they measure success in business development, or what challenges they foresee in the industry.
