Broker Relationship Manager in London

Broker Relationship Manager in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Build and maintain strategic relationships with global brokers to drive business growth.
  • Company: Join AIG, a leader in innovative insurance solutions.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Why this job: Make a real impact in the insurance industry while growing your skills.
  • Qualifications: Experience in insurance, strong communication skills, and a commercial background.
  • Other info: Inclusive culture with opportunities for continuous learning and career advancement.

The predicted salary is between 36000 - 60000 £ per year.

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Broker Relationship Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. This UK Broker Director position is a key role within the UK Client & Broker Engagement (CBE) team, and reports directly to the Head of CBE, UK. This role is responsible for leading our strategic relationships with a select number of our Global and International Brokers.

Make your mark in Client & Broker Engagement

Our Client and Broker Engagement (CBE) team manages AIG's major client relationships across all product lines, as well as driving new business activity. The team serves major clients and broker partners through an elevated, personalized experience – our client-centric framework drives a consistent experience and best practice, while allowing flexibility to meet the client's needs.

How you will create an impact

As a Broker Relationship Manager, you will be accountable for developing and driving increased retention, a healthy pipeline of new business and an enhanced share of wallet - in line with the agreed parameters of the service agreements with each broker partner. This role helps AIG grow profitably across the UK and product lines in line with a strongly governed framework.

Role Responsibilities:

  • Accountable for developing and maintaining strategic relationships for the UK with one of the Global Brokers.
  • Responsible for designing, developing and maintaining strategic relationships and create an ease of doing business with AIG.
  • Conduct Quarterly Business Review (QBR) with the Broker as appropriate to provide governance of the deliverables under the agreements and drive performance.
  • Lead the development and execution of best practice with Product Lines and other stakeholders.
  • Lead the overall value of Distribution for the designated broker via various means including Production Meetings to drive retention and new business utilising Salesforce.
  • Lead the articulation of our underwriting appetite and differentiating value proposition to the brokers.
  • Help connect AIG leadership with key leaders at the Broking Houses.
  • Review broker surveys and agree actions to improve broker experience.
  • Utilise internal data and broker data to drive retention, new business opportunities and performance.
  • Ensure leadership and input in the value chain between broker and product to deliver growth.
  • Develop and implement strategic and operational business plans for designated broker.
  • Work with AIG's Product Leaders to create co-owned strategic initiatives/projects to deliver increased sales opportunities.
  • Lead identification and design of new opportunities for profitable growth, schemes, facilities, joint broker and client propositions and new product ideas.
  • Monitor broker performance and delivery against sales, service plans and specific initiatives.
  • Ensure all deals and agreements conform to required regulations.

What you’ll need to succeed

  • Broad insurance knowledge across P&C and Specialty.
  • Solid profile and reputation in the UK commercial insurance market.
  • Strong commercial background.
  • Experience of working with Senior Underwriter, Product heads and other senior stakeholders.
  • Excellent written and verbal communication skills and proven interpersonal skills.
  • Sales and business development experience.
  • CII preferable.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Broker Relationship Manager in London employer: American International Group

At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. Our comprehensive Total Rewards Program ensures that our employees' health, wellbeing, and professional development are prioritised, while our commitment to inclusion and continuous learning creates an environment where everyone can thrive. Join us as a Broker Relationship Manager and be part of a team that values your contributions and supports your growth in the ever-evolving insurance landscape.
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Contact Detail:

American International Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Broker Relationship Manager in London

✨Tip Number 1

Network like a pro! Get out there and connect with industry professionals, especially those in the insurance sector. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more people you know, the better your chances of landing that Broker Relationship Manager role.

✨Tip Number 2

Prepare for interviews by researching AIG and understanding their values and goals. Tailor your responses to show how your experience aligns with their mission of reimagining risk management. We want to see your passion for the role and how you can contribute to their success!

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your experience in sales and relationship management, as these are key for the Broker Relationship Manager position.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining AIG and being part of their innovative team. Let’s get you that job!

We think you need these skills to ace Broker Relationship Manager in London

Broker Relationship Management
Strategic Relationship Development
Salesforce
Data Analysis
Communication Skills
Commercial Insurance Knowledge
Business Development
Interpersonal Skills
Project Management
Performance Monitoring
Governance Compliance
Client Engagement
Problem-Solving Skills
Collaboration with Senior Stakeholders

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Broker Relationship Manager role. Highlight your experience in managing strategic relationships and any relevant sales achievements. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past successes in the insurance industry and how they relate to the responsibilities outlined in the job description. Let your personality shine through!

Showcase Your Communication Skills: Since excellent written and verbal communication skills are key for this role, make sure your application reflects that. Use clear, concise language and check for any typos or grammatical errors. We appreciate attention to detail!

Apply Through Our Website: We encourage you to apply directly through our website. This ensures your application gets to the right people quickly. Plus, it’s super easy! Just follow the prompts and submit your materials. We can't wait to hear from you!

How to prepare for a job interview at American International Group

✨Know Your Brokers

Before the interview, research the specific brokers you'll be working with. Understand their business models, strengths, and challenges. This knowledge will help you demonstrate your ability to build strategic relationships and show that you're genuinely interested in their success.

✨Showcase Your Communication Skills

As a Broker Relationship Manager, excellent communication is key. Prepare examples of how you've effectively communicated with senior stakeholders or clients in the past. Be ready to discuss how you can articulate AIG's value proposition clearly and persuasively.

✨Demonstrate Your Analytical Skills

Utilise data to drive decisions is crucial in this role. Be prepared to discuss how you've used analytics in previous roles to identify growth opportunities or improve broker performance. Highlight your familiarity with tools like Salesforce and how they can enhance broker engagement.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you've had to navigate complex situations with brokers or clients. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

Broker Relationship Manager in London
American International Group
Location: London
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