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- Tasks: Lead strategic broker relationships and enhance communication for IQUW's key accounts.
- Company: IQUW is a dynamic player in the insurance industry, focused on innovation and collaboration.
- Benefits: Enjoy a competitive salary, 25 days holiday, and support for professional qualifications.
- Why this job: Join a team that values strategic thinking and fosters meaningful relationships in a collaborative culture.
- Qualifications: Experience with senior stakeholders and a strong understanding of the P&C and Specialty broker markets required.
- Other info: This role offers opportunities for strategic projects and data-driven decision-making.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Strategic Broker Distribution Manager role at IQUW.
The Strategic Broker Distribution Manager is responsible for implementing the strategic direction and business development activities for IQUW’s key broker accounts. They will manage key relationships, gather insights, and develop positioning, value propositions, and messaging to ensure effective communication with the right audience at the right time.
This role involves ensuring broker contract strategies are executed across the business, engaging with senior stakeholders, and providing data insights, meeting packs, and structured meetings to enhance the broker experience. The manager will build mutually beneficial relationships with trading partners, foster collaboration within IQUW, and contribute to strategic and financial objectives.
Key Responsibilities- Implement and execute broker distribution strategies aligned with syndicate objectives.
- Gather and prioritize broker-related business feedback for the Broker Distribution Group (BDG).
- Oversee the delivery of Broker Service Agreements (BSAs), ensuring service levels are met.
- Monitor broker performance and optimize engagement plans.
- Share market insights, trends, and intelligence with underwriting teams.
- Attend broker meetings, document actions, and track progress.
- Produce reporting packs for Quarterly Business Reviews (QBRs), external broker meetings, and governance forums.
- Facilitate broker communications across underwriting and teams.
- Work with insurer partner markets to develop strategic business plans.
- Identify and pursue new revenue streams.
- Lead or participate in strategic projects.
- Reinforce our value proposition during broker interactions.
- Escalate broker-related risks and opportunities to senior stakeholders.
The duties are not exhaustive and may change with business needs.
Essential Qualifications, Skills, and Experience- Experience managing strategic meetings with senior stakeholders.
- Proven ability to develop and execute business development strategies.
- Knowledge of the P&C and Specialty broker markets.
- Experience using portfolio data to improve broker relationships.
- Ability to build, deliver, and measure contact strategies.
- Understanding of IQUW’s products and competitors’ coverage provisions.
- Strategic thinking with commercial insight.
- Strong interpersonal and relationship-building skills.
- Data-driven decision-making experience.
- Team player with collaborative experience.
- Excellent presentation skills.
- Competitive salary
- 25 days holiday
- Discretionary bonus
- Employee assistance programme
- Holiday buy scheme
- Salary sacrifice benefits
- Annual benefits reviews
- Support for professional qualifications
A full job description is available here.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Sales
Industries: Insurance
Strategic Broker Distribution Manager employer: IQUW
Contact Detail:
IQUW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Broker Distribution Manager
✨Tip Number 1
Network with professionals in the insurance and broker markets. Attend industry events or webinars where you can meet potential colleagues and learn more about IQUW's approach to broker distribution.
✨Tip Number 2
Familiarise yourself with IQUW’s products and their competitors. Understanding the market landscape will help you articulate how you can enhance broker relationships and contribute to strategic objectives.
✨Tip Number 3
Prepare to discuss your experience with data-driven decision-making. Be ready to share specific examples of how you've used data to improve broker relationships and drive business development strategies.
✨Tip Number 4
Showcase your interpersonal skills during interviews. Highlight instances where you've successfully built relationships with senior stakeholders and how those relationships have led to positive outcomes for your previous employers.
We think you need these skills to ace Strategic Broker Distribution Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Strategic Broker Distribution Manager role at IQUW. Understand the key responsibilities and qualifications required, as this will help you tailor your application.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your experience in managing strategic meetings, developing business strategies, and any knowledge of the P&C and Specialty broker markets.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of IQUW’s objectives and how your background makes you a perfect fit for the role. Mention specific examples of how you've successfully managed broker relationships or executed business development strategies.
Highlight Data-Driven Achievements: In both your CV and cover letter, include specific examples of how you've used data to improve broker relationships or drive business outcomes. This will demonstrate your analytical skills and ability to make data-driven decisions, which are crucial for this role.
How to prepare for a job interview at IQUW
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the Strategic Broker Distribution Manager role. Familiarise yourself with IQUW’s objectives, key responsibilities, and how they align with broker distribution strategies. This will help you articulate how your experience fits into their needs.
✨Prepare for Stakeholder Engagement Scenarios
Given the importance of managing relationships with senior stakeholders, be ready to discuss your past experiences in strategic meetings. Prepare examples that showcase your ability to influence and engage effectively with high-level partners.
✨Showcase Your Data-Driven Approach
Since the role involves using portfolio data to enhance broker relationships, come prepared with examples of how you've used data insights in previous roles. Highlight any specific metrics or outcomes that demonstrate your impact on business development.
✨Demonstrate Your Strategic Thinking
IQUW is looking for someone with strong strategic thinking skills. Be ready to discuss how you’ve developed and executed business strategies in the past. Think about how you can relate your experiences to the insurance industry and the P&C and Specialty broker markets.
