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 professional development and impactful work.
- Why this job: Be a key player in shaping strategic partnerships and driving innovative insurance solutions.
- 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.
- Broker Management
- 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.
- Brand Awareness
- 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 in London employer: ASCOT GROUP
Ascot Group is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As a Distribution Strategy Manager, you will have the opportunity to engage with key brokers and underwriting teams, fostering meaningful relationships that drive strategic growth. With a strong focus on employee development and a commitment to maintaining a diverse platform of risk solutions, Ascot provides a supportive culture that encourages professional advancement and rewards initiative.
StudySmarter Expert Advice🤫
We think this is how you could land Distribution Strategy Manager 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 key brokers or professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and experience in the insurance sector. Share specific examples of how you've successfully managed broker relationships or driven distribution strategies in the past.
✨Be Prepared for Interviews
Research Ascot Group and understand their distribution strategy. Prepare to discuss how your background aligns with their goals and how you can contribute to their growth. Confidence is key, so practice your pitch!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Ascot team.
We think you need these skills to ace Distribution Strategy Manager in London
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. Keep it engaging and personal – we love a bit of personality!
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’re keen to see your quantitative prowess in action!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at Ascot!
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 Your Broker Relationship Skills
Since this role involves developing relationships with key brokers, think about examples from your past where you've successfully built and maintained such relationships. Be ready to discuss your approach to managing broker interactions and how you’ve driven successful outcomes in previous roles.
✨Show Off Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing how you've used data to inform business decisions in the past. Bring examples of how you've tracked performance metrics or improved strategies based on MI data. This will highlight your capability to contribute to Ascot's growth and profitability objectives.
✨Engage with the Team
During the interview, be sure to express your enthusiasm for collaborating with underwriting teams and other departments. Share your thoughts on how cross-functional teamwork can enhance distribution strategies. This will show that you’re a team player who values collaboration, which is crucial for this role.
