Specialty Lines Strategic Account Manager in London

Specialty Lines Strategic Account Manager in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
All The Top Bananas

At a Glance

  • Tasks: Manage key broker relationships and drive growth in Specialty insurance.
  • Company: Join Pen Underwriting, a dynamic and ambitious insurance organisation.
  • Benefits: Enjoy 25+ days holiday, health plans, and employee stock options.
  • Other info: Be part of a diverse team committed to innovation and inclusion.
  • Why this job: Shape the future of Specialty lines and make a real impact.
  • Qualifications: Experience in customer-facing roles and strong broker relationship skills.

The predicted salary is between 60000 - 80000 £ per year.

At Pen, we don't just underwrite risk, we unlock possibility. We're a dynamic underwriting and distribution business backed by the strength of Gallagher and powered by a belief that every challenge has a solution. With entrepreneurial energy, niche expertise, and a bold growth mindset, we're transforming what it means to be an MGA in today's insurance landscape.

Join Pen Underwriting, a dynamic and ambitious organisation with a clear goal to achieve £1.75bn in Gross Written Premium (GWP). The position is part of the Senior Leadership team and reports directly to Pen's Head of Distribution for the UK & Europe. This role will play a critical part in driving growth by managing and developing key broker relationships within the Specialty market.

The role is based in London and is best suited to a candidate who is either London-based or can easily commute to London three to four days per week. The successful candidate will play a key role in shaping Pen's future within the Specialty market, working alongside a highly skilled and motivated team.

How you'll make an impact:
  • Manage a panel of around 20 key broker relationships, focusing on Specialty classes such as Marine, Professional Indemnity, Solicitors PI, Corporate Cyber, Clean Energy, Technology, and London Market Casualty.
  • Drive organic growth for Pen, with a specific focus on the Specialty classes of business within the assigned broker panel.
  • Collaborate across Pen's three trading divisions, requiring exceptional stakeholder management skills at both Executive and Executive-minus-one levels.
  • This is a customer-facing role, requiring significant time spent in the market with brokers.
  • Oversee and manage key activities, including Quarterly Business Reviews (QBRs), Specialty Broker Strategy & Strategic pipeline management.
About You:
  • Extensive experience in a customer-facing role, ideally within a Specialty insurance environment.
  • Proven expertise in managing broker relationships and delivering growth in Specialty lines.
  • Strong stakeholder management skills, with the ability to influence and collaborate effectively at senior levels.
  • A proactive, market-facing approach, with the ability to build and maintain strong relationships across broker organisations.
  • Right to work in the UK.

If you're ready to take on a pivotal role in shaping the future of Specialty lines at Pen Underwriting, we'd love to hear from you!

Compensation and benefits:

On top of a competitive salary, we also offer a wide range of benefits, including:

  • Minimum of 25 days holiday, plus bank holidays, and the option to buy extra days.
  • Defined contribution pension scheme.
  • Life insurance, which will pay 4x your basic annual salary.
  • Income protection, covering up to 50% of your annual income.
  • Health cash plan or Private medical insurance.
  • Three fully paid volunteering days per year.
  • Employee Stock Purchase plan.
  • Critical illness cover.
  • Discounted gym membership.
  • Access to a discounted voucher portal.
  • Emergency back-up family care.

We value inclusion and diversity. Inclusion and diversity (I&D) is a core part of our business, and it's embedded into the fabric of our organisation. Gallagher embraces our employees' diverse identities, experiences and talents, allowing us to better serve our clients and communities.

Specialty Lines Strategic Account Manager in London employer: All The Top Bananas

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All The Top Bananas

Contact Details:

All The Top Bananas Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Specialty Lines Strategic Account Manager in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

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Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like All The Top Bananas). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like All The Top Bananas. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Specialty Lines Strategic Account Manager in London

Broker Relationship Management
Specialty Insurance Knowledge
Stakeholder Management
Organic Growth Strategy
Customer-Facing Skills
Market Engagement
Collaboration Skills

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at All The Top Bananas.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at All The Top Bananas. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at All The Top Bananas

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at All The Top Bananas to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at All The Top Bananas, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding All The Top Bananas's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.