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- Tasks: Support business development and build key broker relationships across Europe.
- Company: Join Allied World, a global leader in creative risk solutions with a vibrant team of over 1,400 employees.
- Benefits: Enjoy a friendly, inclusive culture with opportunities for professional growth and development.
- Why this job: Be part of a dynamic team driving business growth and making impactful connections in the insurance industry.
- Qualifications: Strong relationship management skills and a passion for the insurance sector are essential.
- Other info: Professional Insurance Designation is a plus; ideal for those eager to kickstart their career.
The predicted salary is between 43200 - 72000 £ per year.
At Allied World we have over 1,400 talented and loyal employees working in 20 offices globally who service clients throughout the world. We are focused on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Our employees share our passion for progress and success, and we are looking for talented committed people to join our team. We take great pride in our culture, offering an inclusive, friendly and rewarding working environment, and are excited at the prospect of hiring for this role.
Description of the Role & Responsibilities
- Working closely with the Head of Business Development to support the Allied World European Distribution Strategy.
- Develop Key Broker relationships and identify growth opportunities within appetite across Open Market and Portfolio Solutions.
- Support and develop the approach to Client Management across multiple lines of business.
- Develop and maintain strong relationships with a wide range of stakeholders internally and externally to drive in-house efficiency and promote Allied World’s capabilities.
- Leverage data and analytics to drive and support Broker performance and Business growth initiatives including Pipelining and Cross Sell.
- Coordination and leverage of the Company’s European strategic broker partnerships.
- Initiating new and developing existing Broker relationships aligned to Allied World’s strategy across the London, Manchester and Dublin offices.
- Managing Broker Leadership and Line of Business meetings ensuring the involvement of appropriate personnel with a clearly defined purpose and demonstrating follow up activity.
- Promoting Allied World products and services to Broker partners to enhance our profile.
- Providing visibility for Broker Facility opportunities and supporting tender responses.
- Coordination of cross-class client opportunities.
- Attending key Broker conferences across the UK.
- Tracking Industry news and M&A activity.
Business Growth
- To work closely with colleagues in the London, Manchester, Dublin offices to fully understand appetite and embed Business Development.
- Connect with Business Development & Distribution colleagues globally to stay aligned on Broker engagement/performance and share best practice.
- Coordination of Underwriters engagement with broker pipelining and cross sell tools, including levels of usage and ensuring regular training undertaken.
- Maintaining and evolving the European Distribution Sharepoint page to provide colleagues with access to market intelligence and broker insights.
- Create and drive project ideas to support Business Development efforts.
- Work with the MI and Data team to continuously review and develop Business Development MI and Dashboards.
- Collaborate with Marketing team – Content, Announcements, Events, Conferences.
- Compliance with all internal processes and maintaining up-to-date records.
Person Specification
- Strong account/relationship management experience.
- Highly organised with planning and prioritisation skills.
- Excellent interpersonal skills and the ability to work within a team.
- An enthusiastic individual who is committed to a career in the insurance industry.
- Be able to demonstrate outstanding academic and extracurricular achievement.
- Professional Insurance Designation such as DipCII/ACII desirable.
Assistant Vice President, Business Development & Distribution employer: Allied World
Contact Detail:
Allied World Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Vice President, Business Development & Distribution
✨Tip Number 1
Network actively within the insurance industry, especially focusing on brokers and key stakeholders. Attend industry events and conferences to make connections that could lead to opportunities at Allied World.
✨Tip Number 2
Familiarise yourself with Allied World's products and services. Understanding their offerings will allow you to engage more effectively with potential brokers and clients, showcasing your knowledge during discussions.
✨Tip Number 3
Stay updated on industry news and trends, particularly regarding mergers and acquisitions. This knowledge can help you identify growth opportunities and demonstrate your proactive approach in conversations with the team.
✨Tip Number 4
Develop your analytical skills, as leveraging data is crucial for this role. Familiarise yourself with tools and techniques used in business development to show your capability in driving performance and growth initiatives.
We think you need these skills to ace Assistant Vice President, Business Development & Distribution
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development and relationship management. Use specific examples that demonstrate your ability to build strong broker relationships and drive business growth.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, particularly your experience with client management and data analytics.
Showcase Relevant Achievements: Include quantifiable achievements in your application that reflect your success in previous roles. For instance, mention any specific growth metrics or successful projects that relate to broker engagement or business development.
Research Allied World: Familiarise yourself with Allied World's culture, values, and recent developments in the insurance industry. This knowledge will help you tailor your application and prepare for potential interview questions.
How to prepare for a job interview at Allied World
✨Research the Company and Role
Before the interview, make sure to thoroughly research Allied World and understand their business model, values, and recent developments. Familiarise yourself with the role of Assistant Vice President, Business Development & Distribution, and how it fits into the company's strategy.
✨Showcase Relationship Management Skills
Given the emphasis on developing key broker relationships, be prepared to discuss your past experiences in relationship management. Highlight specific examples where you successfully built and maintained strong partnerships, and how these contributed to business growth.
✨Demonstrate Analytical Thinking
The role involves leveraging data and analytics for business growth initiatives. Be ready to discuss how you've used data in previous roles to drive performance or make strategic decisions. This will show your ability to think critically and use insights effectively.
✨Prepare Questions for Your Interviewers
Interviews are a two-way street, so prepare insightful questions to ask your interviewers. Inquire about the company's approach to client management, their expectations for the role, and how success is measured within the team. This shows your genuine interest in the position and the company.
