Broker Development Manager- Insuretech Fleet Business
Broker Development Manager- Insuretech Fleet Business

Broker Development Manager- Insuretech Fleet Business

Newport Full-Time 12000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Drive broker relationships and generate high volumes of submissions in a fast-paced environment.
  • Company: Join a tech-led MGA transforming commercial motor insurance with innovative, data-driven solutions.
  • Benefits: Enjoy a commission-based role with potential earnings between £1,000 and £5,000 monthly.
  • Why this job: Make a real impact in a dynamic setting while shaping the future of connected vehicle insurance.
  • Qualifications: Business development experience in insurance is essential; fleet experience is a plus but not required.
  • Other info: Ideal for those feeling restricted in their current roles, seeking broader opportunities.

The predicted salary is between 12000 - 60000 £ per year.

IPS Group is working on behalf of a fast-growing, tech-led fleet MGA that is transforming commercial motor insurance through a real-time, data-driven approach. With nearly a billion connected miles insured and hundreds of UK fleets on cover, they are now looking for a dynamic Broker Development Manager to help scale their broker distribution network.

This business writes 85% of its premiums via brokers, working closely with a panel of brokers. The role will focus on deepening these existing relationships and driving new broker engagement, with a strong emphasis on generating high volumes of qualified submissions and driving conversions.

They are looking for someone who understands the bigger picture, thinks outside the box, and thrives in a fast-moving environment. This role is ideal for someone feeling restricted or underutilised in their current position, perhaps limited by pace, geography or internal red tape, and now seeking a broader, national-level opportunity where they can make a real impact.

Ideal candidates will have a solid business development background within insurance, ideally with exposure to motor. While experience in fleet insurance is preferred, it is not essential. Professionals from other commercial lines or those with experience selling fleet propositions into brokers will also be considered. Candidates will also be considered from motor claims based business development roles or even office based candidates with fleet insurance experience who are looking to progress into a field based role.

This is a commission based role, with average earnings between £1,000 and £5,000 per month depending on performance. If you are ambitious, innovative, and ready to help shape the future of connected vehicle insurance this could be the opportunity for you.

Broker Development Manager- Insuretech Fleet Business employer: IPS Group

IPS Group is an exceptional employer, offering a dynamic and innovative work environment that empowers employees to thrive in the fast-paced world of Insuretech. With a strong focus on professional growth, team collaboration, and a culture that values creativity and initiative, this role as a Broker Development Manager provides the unique opportunity to make a significant impact in transforming commercial motor insurance. Located at the heart of the UK's insurance landscape, employees benefit from a supportive network and the chance to engage with a diverse range of brokers, all while enjoying competitive commission-based earnings that reward performance.
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Contact Detail:

IPS Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Broker Development Manager- Insuretech Fleet Business

✨Tip Number 1

Network with professionals in the insurance and fleet sectors. Attend industry events, webinars, or local meetups to connect with brokers and other key players. Building these relationships can give you insights into the market and potentially lead to referrals.

✨Tip Number 2

Familiarise yourself with the latest trends in insuretech and data-driven approaches in the insurance industry. Being knowledgeable about how technology is transforming commercial motor insurance will help you stand out as a candidate who understands the company's vision.

✨Tip Number 3

Prepare to discuss your previous successes in business development, particularly any experience related to broker engagement. Be ready to share specific examples of how you've driven submissions and conversions in past roles, as this will demonstrate your capability to excel in this position.

✨Tip Number 4

Research the company thoroughly before your interview. Understand their products, target market, and competitive landscape. This knowledge will not only help you tailor your responses but also show your genuine interest in contributing to their growth.

We think you need these skills to ace Broker Development Manager- Insuretech Fleet Business

Business Development
Broker Relationship Management
Insurance Industry Knowledge
Motor Insurance Expertise
Sales Strategy Development
Negotiation Skills
Data-Driven Decision Making
Communication Skills
Networking Abilities
Performance Tracking
Market Analysis
Problem-Solving Skills
Adaptability to Fast-Paced Environments
Understanding of Fleet Insurance Products

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the insurance sector. Emphasise any roles where you've successfully engaged with brokers or driven submissions.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with their needs, especially your ability to think outside the box and thrive in fast-paced environments.

Showcase Relevant Achievements: Include specific examples of past successes in broker engagement or business development. Quantify your achievements where possible, such as the number of new brokers you onboarded or the percentage increase in submissions.

Research the Company: Familiarise yourself with the company's approach to commercial motor insurance and their technology-driven model. Mention any insights in your application to demonstrate your genuine interest and understanding of their business.

How to prepare for a job interview at IPS Group

✨Know Your Numbers

Since this role involves driving high volumes of submissions and conversions, be prepared to discuss specific metrics from your previous roles. Highlight any achievements in business development, especially those related to broker engagement or insurance sales.

✨Understand the Insuretech Landscape

Familiarise yourself with the latest trends in Insuretech, particularly in fleet insurance. Being able to discuss how technology is transforming the industry will show that you are forward-thinking and aligned with the company's vision.

✨Build Rapport with Brokers

Demonstrate your ability to build and maintain relationships with brokers. Prepare examples of how you've successfully deepened existing partnerships or engaged new brokers in your past roles, as this will be crucial for the position.

✨Showcase Your Innovative Thinking

This role requires someone who thinks outside the box. Be ready to share ideas on how you would approach expanding the broker distribution network and generating qualified submissions. Creativity and strategic thinking will set you apart.

Broker Development Manager- Insuretech Fleet Business
IPS Group
Location: Newport
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  • Broker Development Manager- Insuretech Fleet Business

    Newport
    Full-Time
    12000 - 60000 £ / year (est.)
  • I

    IPS Group

    50-100
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