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- Tasks: Lead global carrier relationships and optimise trading strategies for maximum revenue.
- Company: Join Acrisure, a fintech leader transforming the insurance landscape.
- Benefits: Competitive salary, travel opportunities, and a dynamic work environment.
- Why this job: Make a significant impact in a rapidly growing company with a global reach.
- Qualifications: Experience in insurance markets and strong leadership skills required.
- Other info: Opportunity to work with cutting-edge technology and a diverse team.
The predicted salary is between 72000 - 108000 £ per year.
A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, we connect clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and more. In the last twelve years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in more than 20 countries. Acrisure was built on entrepreneurial spirit. Prioritizing leadership, accountability, and collaboration, we equip our teams to work at the highest levels possible.
Acrisure is seeking a Vice President, Head of Global Carrier Relationships to join our growing team in New York or London. This role is responsible for setting and executing Acrisure's carrier strategy at a global and group level, spanning all elements of trading in the marketplace. This individual will be responsible for optimizing Acrisure's trading relationships with all business partners, with the core focus of delivering optimum solutions for Acrisure's client base. Furthermore, the Head of Global Carrier Relationships will work with every business unit to identify opportunities to maximise revenue and execute the broader strategic initiatives of the group through the placement of its premium and the subsequent capture of revenue along the value chain.
Responsibilities
- Refinement of US retail carrier strategy in close collaboration with the placement network in Acrisure's North American Retail (NAR) business.
- Maximizing group revenue through negotiation and optimization of contingent and supplemental agreements.
- Management of US Markets unit.
- Mapping of Wholesure portfolio by carrier and trading segment.
- Development of placement strategies by trading segment.
- Management of E&S Markets unit.
- Mapping of international retail portfolio and identification of opportunities to optimize and potentially aggregate trading relationships with key strategic partners.
- Defining opportunities for enhanced value chain capture.
- Management of International Markets unit.
- Identifying opportunities across all segments to drive enhanced revenue through engagement with Acrisure-owned assets along the value chain.
- Nurturing opportunities for Acrisure Re derived from the Acrisure portfolio.
- Identifying opportunities to bring Acrisure premium into Flux Syndicate 1985 and Volante Syndicate 1699.
- Maximizing usage of Acrisure's global wholesale business for the servicing of wholesale portfolio.
- Sourcing capacity for new MGAs and programs in conjunction with Acrisure Re and identification of clients that would fit well with Acrisure's MGAs.
- Driving growth of the Acrisure Global Network (AGN).
Requirements
- Revenue model development.
- Translation of strategic initiatives to revenue objectives.
- Familiarity with all forms of compensation; base commission, contingent and supplemental.
- Proven track record of working with data to support effective reporting structures and strategy development.
- Management of data review sessions, agenda building, documentation development and follow up.
- Awareness of and interest in the US and international reinsurance market.
- Understanding of negotiation processes with carrier community across compensation and all elements of trading.
- Data and analytical skills and approach, specifically relating to (re)insurance portfolio data and carrier compensation plans.
- Working level understanding of all elements of the value chain, including retail, wholesale and reinsurance markets.
- Effective executive-level relationship management, through quantitative and qualitative means.
- Shaping of clear and effective reporting to executive and leadership communities.
- Presentational skills to a leadership audience.
- Literacy in assessing carrier production reports and performance indicators.
Education and Experience
- Bachelor's degree in a related field, such as business administration, marketing or finance required.
- Experience trading in the US or international retail and/or wholesale insurance market.
- Experience leading and growing a team.
- Experience in utilizing technology to enhance performance and efficiency.
Preferred Qualifications
- Advanced degree in a related field preferred.
- Must be able to travel to all offices, client offices and events as needed.
Vice President, Head of Global Carrier Relationships in London employer: ACRISURE
Contact Detail:
ACRISURE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President, Head of Global Carrier Relationships in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Informational Interview
Set up informal chats with professionals in roles you’re interested in. This isn’t a job interview, but a chance to learn and make a great impression. We can use these conversations to showcase our passion and knowledge about the industry!
✨Showcase Your Expertise
Create content that highlights your skills and insights related to the role. Whether it’s writing articles or sharing relevant news, we can position ourselves as thought leaders in the field. It’s a great way to get noticed by recruiters!
✨Apply Directly Through Our Website
When you find a role that excites you, apply directly through our website. It shows initiative and gives us a better chance of being seen by the hiring team. Plus, we love seeing passionate candidates who are eager to join our mission!
We think you need these skills to ace Vice President, Head of Global Carrier Relationships in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Vice President role. Highlight your experience in global carrier relationships and how it aligns with Acrisure's goals. We want to see how you can bring value to our team!
Showcase Your Achievements: Don’t just list your responsibilities; share your successes! Use specific examples of how you've maximised revenue or improved trading relationships in previous roles. This helps us understand your impact and potential.
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to see your qualifications.
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at ACRISURE
✨Know Acrisure Inside Out
Before your interview, dive deep into Acrisure's mission, values, and recent achievements. Understanding their growth from $38 million to nearly $5 billion in revenue will help you align your answers with their entrepreneurial spirit and collaborative culture.
✨Showcase Your Strategic Mindset
As a candidate for the Vice President role, be prepared to discuss how you've developed and executed carrier strategies in the past. Bring specific examples of how you've maximised revenue through negotiation and optimisation of agreements, as this will demonstrate your fit for the role.
✨Highlight Your Data Skills
Acrisure values data-driven decision-making. Be ready to talk about your experience with data analysis in the insurance market. Share how you've used data to support strategy development and reporting structures, as this will show your analytical approach aligns with their needs.
✨Prepare for Executive-Level Conversations
Since this role involves effective relationship management at an executive level, practice articulating your thoughts clearly and confidently. Prepare to present your ideas on enhancing value chain capture and optimising trading relationships, as strong presentation skills are crucial for success.
