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For Companies At a Glance
- Tasks: Drive distribution strategy and build relationships with key brokers in the insurance industry.
- Company: Ascot Group, a leading specialty risk underwriting organisation.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Collaborative culture focused on innovation and strategic growth.
- Why this job: Join a top-tier team and make a real impact in the insurance sector.
- Qualifications: 7+ years in insurance, strong analytical skills, and excellent communication abilities.
The predicted salary is between 60000 - 80000 £ per year.
Ascot Group is a preeminent specialty risk underwriting organization. The Distribution Strategy Manager role supports the Director of Distribution Strategy and is responsible for implementing an effective distribution strategy for Ascot Underwriting Limited, working closely with underwriting teams and key brokers to position Ascot as a go‑to partner for strategic opportunities.
Job Summary
This position will support the Director of Distribution Strategy and assume responsibility for assisting in the implementation of an appropriate distribution strategy for Ascot Underwriting Limited. The Distribution Strategy Manager will work closely with underwriting teams to develop and maintain relationships with key brokers, ensuring Ascot remains a go‑to partner for strategic opportunities.
Detailed Duties
- Distribution
- Active engagement with brokers to increase awareness of Ascot’s diverse platform of risk solutions.
- Support Syndicate Underwriters to drive distribution strategy in alignment with the organisation’s growth and profitability objectives.
- Review and support broker strategy for the various product lines within the Syndicate to address distribution channel needs.
- Promote new product launches with key distribution strategies and client management.
- Long‑term planning with research, development, and execution of new opportunities across geographies, classes, markets, and channels, including digital.
- Partner with the Management Information team to manage weekly, monthly, and ad hoc reporting capturing trade relationships, performance tracking, and other metrics.
- Develop and maintain relationships with key brokers within the market and across major trading partners.
- Establish and monitor key broker initiatives and ensure execution upon agreed key performance indicators.
- Analyse and report summary findings from MI data and advise on strategies for improvement.
- Manage a schedule of regular broker interaction, events, and engagement for key partners.
- Assist with appetite and proposition developments, working closely with Marketing and Underwriting to aid broker trading.
Experience Required
- Proven experience in the Insurance industry, preferably from an Underwriting or Broking background.
- A minimum of seven years developing business relationships in a commercial environment.
- Strong analytical background to understand business dynamics and anticipate trends.
- Track record of building, managing and influencing broker relationships.
- Excellent written and interpersonal communication skills.
- Strong quantitative and qualitative skills, including experience in commercial insurance metrics.
- Ability to work with MI data to create insightful deliverables.
- Capacity to contribute towards business planning and strategy development.
Distribution Strategy Manager employer: ASCOT GROUP
Contact Detail:
ASCOT GROUP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Distribution Strategy Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially brokers. 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 Distribution Strategy Manager role.
✨Tip Number 2
Show off your analytical skills! Be ready to discuss how you've used data to drive decisions in past roles. Prepare examples that highlight your ability to analyse trends and improve strategies. This will really resonate with hiring managers looking for someone who can contribute to their growth objectives.
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate how your experience aligns with Ascot’s goals. Think about how you can position yourself as the go-to partner for strategic opportunities. A confident and tailored pitch can make all the difference in interviews.
✨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 the team at Ascot. So, get your application in and let’s make it happen!
We think you need these skills to ace Distribution Strategy Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Distribution Strategy Manager role. Highlight your experience in the insurance industry and any relevant broker relationships you've built. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to Ascot's distribution strategy. We love seeing genuine enthusiasm and a clear understanding of our goals.
Showcase Your Analytical Skills: Since this role requires strong analytical skills, be sure to include examples of how you've used data to drive decisions or improve strategies in your previous roles. We appreciate candidates who can turn numbers into actionable insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at ASCOT GROUP
✨Know Your Stuff
Make sure you understand Ascot Group's distribution strategy and how it fits into the wider insurance landscape. Brush up on your knowledge of underwriting and broking, as well as the specific products Ascot offers. This will show that you're genuinely interested in the role and can hit the ground running.
✨Build Rapport with Brokers
Since the role involves working closely with brokers, think about how you can demonstrate your relationship-building skills during the interview. Share examples of how you've successfully managed broker relationships in the past and be ready to discuss strategies for increasing awareness of Ascot’s offerings.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis and how it has informed your decision-making in previous roles. Be ready to provide examples of how you've used MI data to drive performance improvements or develop new strategies. This will highlight your strong analytical background, which is crucial for this position.
✨Communicate Clearly
Excellent communication skills are a must for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex topics like distribution strategies or market trends. Consider doing mock interviews with a friend to refine your delivery and ensure you come across as confident and knowledgeable.