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For Companies At a Glance
- Tasks: Join the operational leadership team and drive growth strategies for a dynamic insurance syndicate.
- Company: Flux Syndicate, part of Acrisure, a top global fintech leader in insurance.
- Benefits: Competitive salary, career progression, and exposure to industry leaders.
- Why this job: Be part of an ambitious team aiming for $1bn in business growth.
- Qualifications: Strong insurance knowledge and experience in operations required.
- Other info: Unique opportunity for personal growth in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Locations: 9th Floor, 40 Leadenhall Street - LONDON, UK
Time type: Full time
Posted on: Posted Today
Job requisition id: JR109795
About the Company
Flux Syndicate started writing business on 1 January 2023. It is sponsored by Acrisure, the world's fastest growing insurance group, and was set up to give capital providers direct access to the Acrisure distribution network. Acrisure is a Global Fintech Financial services leader and among the world's top 10 insurance brokerage firms. Acrisure has grown from $38 million to more than $3 billion in revenue since 2013 and deploys the best of Human and Artificial Intelligence at scale to reimagine financial service product distribution. As of October 2021, Acrisure employed over 11,000 employees across 45 US states and eight countries. Acrisure annually places $35bn of insurance business globally. The aim is for Flux to access and write the most profitable business in the Acrisure network. Flux wrote £110m of business in 2023, £150m in 2024 and is on track to write £250m in 2025. We expect the syndicate to grow to annual GWP in excess of $1bn. The majority of business is Casualty business (50%), Specialty business (20%), Property (15%) and Financial and Professional Lines (15%). Flux runs a lean structure and outsources many back-office responsibilities to a turn-key provider (Asta).
How you'll contribute:
A unique opportunity for an ambitious individual looking to take a step up. Flux Syndicate is bringing on board an exceptional individual, with insurance experience, who has the capability to join the syndicate's Operational leadership team. You will be working closely alongside the Chief Operating Officer and Head of Operations to help lead the Operational side of the business. As the Syndicate grows there will be an opportunity for accelerated career progression for the successful incumbent. If you have a solid foundation in the insurance industry and feel that this unique and exciting role suits your personality and career ambitions, please get in touch.
The current leadership team - Richard Boyd (Chief Underwriting Officer) and Luke Thomas (Chief Operating Officer) are focused on:
- Developing and executing the strategy to grow the business to $1bn. The vast majority of this growth will come from US SME business.
- Executing the short-term plan, building a high-quality book and continuing to deliver strong returns to Flux's investors. This includes underwriting, pricing, operations, exposure management, technology and working with Asta on other functional areas.
- Design and build the technology to deliver this strategy.
17 people currently work for the Syndicate with 6 in the Operational team.
Requirements
- MI design, production and reporting
- Strong insurance knowledge (Lloyds preferable)
- Data design, capture and augmentation
- IT and systems design and development
- Business planning
- Credit Control
- Risk & Compliance
- Work directly with experienced market leaders to learn and develop
- Exposure to all functions of a Lloyd's syndicate. Unique opportunity to develop a broad experience
- Potential for significant personal growth and career development
We are not partnering with agencies. Please do not send any unsolicited emails or InMails with resumes/CVs as they will not be accepted or credited.
Syndicate Manager (Operations) in London employer: Acrisure, LLC
Contact Detail:
Acrisure, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Manager (Operations) in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand Flux Syndicate's goals and how your skills can help them achieve that $1bn target. Tailor your answers to show you’re not just a fit for the role, but also for the team.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine in front of the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Flux Syndicate team. Let’s make it happen!
We think you need these skills to ace Syndicate Manager (Operations) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Syndicate Manager role. Highlight your insurance experience and any relevant skills that match the job description. We want to see how you can contribute to our growth!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Flux Syndicate. Share your passion for the insurance industry and how your ambitions align with our goals.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've contributed to previous roles, especially in operations or insurance. We love seeing results!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this exciting opportunity!
How to prepare for a job interview at Acrisure, LLC
✨Know Your Insurance Stuff
Make sure you brush up on your insurance knowledge, especially around Lloyd's and the specific areas mentioned in the job description. Being able to discuss Casualty, Specialty, Property, and Financial Lines confidently will show that you're serious about the role.
✨Showcase Your Data Skills
Since the role involves MI design and data management, be prepared to discuss your experience with data capture and reporting. Bring examples of how you've used data to drive decisions or improve processes in previous roles.
✨Understand the Company’s Growth Strategy
Familiarise yourself with Flux Syndicate's growth plans and how they fit into Acrisure's broader strategy. Being able to articulate how you can contribute to their goal of reaching $1bn in GWP will set you apart from other candidates.
✨Ask Insightful Questions
Prepare thoughtful questions that demonstrate your interest in the role and the company. Inquire about the operational challenges they face or how technology is being integrated into their strategy. This shows you're not just looking for a job, but are genuinely interested in contributing to their success.
