At a Glance
- Tasks: Manage relationships with insurers and MGAs, driving sales and growth strategies.
- Company: Join a leading insurance software provider known for innovation and talent development.
- Benefits: Enjoy flexible working, competitive salary, bonuses, health insurance, and a pension scheme.
- Why this job: Be part of a dynamic team that values your input and fosters professional growth.
- Qualifications: Proven sales experience in tech, strong communication skills, and a customer-focused mindset.
- Other info: Opportunities for travel across the UK and occasional international trips.
The predicted salary is between 43200 - 72000 £ per year.
Our client, a leading insurance software provider, is looking for an experienced Relationship Manager to bolster their team. The main purpose of the role will be to own and implement the strategy for the Insurer & MGA markets across Commercial and Personal Lines mainly within UK based clients.
The role will also include:
- Identifying sales opportunities in both existing and prospective insurer and MGA relationships
- Working closely with the Insurance Products team, Chief Customer Officer, and Chief International Development Officer.
- Being responsible not just for maintaining the existing relationships but identifying and progressing opportunities for further growth and penetration
- Negotiating new deals including commercial and contractual arrangements working in conjunction with the Chief Insurance Products Officer, CCO, CDIO, and CEO
- Taking responsibility for working across the verticals to ensure we deliver great service to our insurer customers
- Producing regular relationship reporting and monthly Operation Executive Committee content relating to Insurer relations
- Maintaining performance monitoring against financial targets and other KPIs
What we need from you:
- Established contacts and reputation within the market with Insurers and MGAs
- Proven track record in sales within a technology/software environment
- Customer focused with an ability to build relationships
- Outstanding communication and negotiation skills
- A good commercial and legal understanding
- Highly organised and self-motivated with a “can do” attitude
- Logical approach to providing multiple solutions to client issues.
- Ability to quickly learn and adapt to functionality changes and new concepts
- Prepared to travel across the UK and occasionally overseas
You will be joining a firm that invests in developing and promoting talent internally. You will receive a competitive salary and annual performance-based reviews, an annual bonus, and a company share incentive scheme. Additionally, you will benefit from private health insurance, disability and health insurance, and a company pension scheme. A flexible working model includes a mixture of nationwide client visits, office visits, and working from home.
Please get in touch for a confidential chat to find out more.
Insurer Relationship Manager employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurer Relationship Manager
✨Tip Number 1
Network actively within the insurance and technology sectors. Attend industry events, webinars, and conferences to meet potential contacts and showcase your expertise. Building relationships with key players can give you an edge when applying for the Insurer Relationship Manager role.
✨Tip Number 2
Research the company thoroughly and understand their products and services. Familiarise yourself with their current clients and market position. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 3
Prepare to discuss your previous sales achievements in detail. Be ready to share specific examples of how you've successfully managed relationships and negotiated deals in the past. Highlighting your proven track record will reinforce your suitability for the position.
✨Tip Number 4
Showcase your communication and negotiation skills through mock interviews or role-playing scenarios. Practising these skills will help you articulate your thoughts clearly and confidently, which is crucial for a Relationship Manager role.
We think you need these skills to ace Insurer Relationship Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in relationship management, particularly within the insurance or technology sectors. Emphasise your established contacts and any proven sales achievements relevant to the role.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of the Insurer & MGA markets. Discuss how your skills align with the job requirements, particularly your communication and negotiation abilities, and provide examples of past successes.
Showcase Relevant Experience: When detailing your work history, focus on roles where you maintained and grew client relationships. Highlight specific instances where you identified sales opportunities or negotiated deals, as these are key aspects of the position.
Prepare for Potential Questions: Anticipate questions related to your approach to building relationships and handling client issues. Be ready to discuss your strategies for achieving financial targets and KPIs, as well as your adaptability to changes in functionality.
How to prepare for a job interview at JR United Kingdom
✨Research the Company and Industry
Before your interview, make sure to thoroughly research the insurance software provider and understand their position in the market. Familiarise yourself with their products, services, and recent news. This will help you demonstrate your genuine interest and knowledge during the conversation.
✨Highlight Your Relationship Management Skills
Since the role focuses on managing relationships with Insurers and MGAs, be prepared to discuss your previous experiences in building and maintaining such relationships. Share specific examples of how you've successfully navigated challenges and created value for your clients.
✨Prepare for Negotiation Scenarios
Given the importance of negotiation in this role, think about past negotiations you've conducted. Be ready to discuss your approach, the outcomes, and any lessons learned. This will showcase your outstanding communication and negotiation skills.
✨Demonstrate Your Adaptability
The job requires a logical approach to providing solutions and adapting to changes. Prepare to share instances where you've quickly learned new concepts or adapted to changes in your work environment. This will highlight your self-motivation and 'can do' attitude.