At a Glance
- Tasks: Identify and develop new insurance schemes while enhancing existing propositions.
- Company: Join Lloyd & Whyte, part of Benefact Group, in a dynamic team.
- Benefits: Enjoy 28 days leave, bonus schemes, and health benefits.
- Other info: Support for professional qualifications and paid volunteering time.
- Why this job: Make a real impact in a fast-paced insurance environment with diverse opportunities.
- Qualifications: Experience in consumer or commercial insurance and strong communication skills.
The predicted salary is between 45000 - 45000 € per year.
Salary: Starting from £45,000.00 (depending on experience)
Working hours: 35 per week, Monday to Friday
Duration: Permanent
Location: South Ockendon
About the role
Lloyd & Whyte, who are proudly part of Benefact Group, are looking for a Schemes Development Manager to join our SEIB team in their South Ockendon office. As a Schemes Development Manager you will work closely with the Schemes Manager identifying opportunities to develop new schemes, enhance existing propositions and expand our digital trading capability. This includes exploring complementary products for existing schemes, identifying potential scheme acquisition opportunities, and helping maximise the investment in online platforms that allow scheme products to be traded 24/7 via dedicated e-trade sites. This is a hands‑on role offering across sectors such as charities, equestrian, funeral directors, motor trade, private hire, and property owners.
What you'll be doing
- Identify opportunities for new schemes, complementary products, or enhancements to existing propositions.
- Assist with scheme reviews, renewal discussions, and performance reporting.
- Support product governance requirements and ensure delegated authority controls are maintained.
- Analyse scheme performance indicators including GWP, loss ratios, claims trends, retention, and new business conversion.
- Support the Schemes Manager with oversight of the existing schemes portfolio and act as a deputy during periods of absence.
What you'll need to have
- Confident and capable of building rapport over the telephone to provide excellent client experience.
- Experience within consumer or commercial insurance, preferably within a broker environment.
- Understanding of FCA requirements including ICOBS, PROD and Consumer Duty.
- Comfortable working with data and MI to identify trends and opportunities.
- Confident communicator able to build relationships with insurers and internal teams.
What makes you stand out
- Chartered Insurance Institute Certificate (or actively working towards it)
What we offer
- 28 days annual leave plus bank holidays
- Your birthday off
- Group Personal Pension
- Bonus scheme
- A holiday buy scheme
- An array of health and wellbeing benefits, company cash plan, income protection and life assurance
- Enhanced sick pay and parental leave
- Support and funding toward study and professional qualifications
- Paid time off for volunteering
If you need any additional support during the recruitment process, then please let us know.
Schemes Development Manager Lloyd & Whyte · South Ockendon · employer: Benefact Group plc
Lloyd & Whyte, part of Benefact Group, is an exceptional employer located in South Ockendon, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee well-being, we provide generous benefits including 28 days annual leave, a bonus scheme, and support for professional development, ensuring that our team members can grow and excel in their careers. Join us to be part of a fast-paced, rewarding role that allows you to make a real impact in the insurance sector while enjoying a supportive and engaging workplace culture.
StudySmarter Expert Advice🤫
We think this is how you could land Schemes Development Manager Lloyd & Whyte · South Ockendon ·
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and services, especially in the insurance sector. This will help you tailor your answers and show you're genuinely interested in the role.
✨Tip Number 3
Practice your communication skills! Since building rapport is key in this role, try mock interviews with friends or family. Get comfortable discussing your experience and how it relates to the Schemes Development 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, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Schemes Development Manager Lloyd & Whyte · South Ockendon ·
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Schemes Development Manager role. Highlight relevant experience in consumer or commercial insurance, and don’t forget to showcase your ability to build rapport and communicate effectively.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific skills that align with the job description, like your understanding of FCA requirements and your experience with data analysis.
Showcase Your Achievements:When detailing your past roles, focus on achievements rather than just responsibilities. Use metrics where possible to demonstrate your impact, such as improvements in scheme performance or successful client relationships.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Benefact Group plc
✨Know Your Schemes
Before the interview, dive deep into Lloyd & Whyte's existing schemes and their market position. Familiarise yourself with their products and any recent developments in the insurance sector. This will help you speak confidently about how you can contribute to enhancing existing propositions.
✨Showcase Your Data Skills
Since the role involves analysing scheme performance indicators, be prepared to discuss your experience with data analysis. Bring examples of how you've used data to identify trends or opportunities in previous roles. This will demonstrate your ability to work with MI effectively.
✨Build Rapport
As a Schemes Development Manager, building relationships is key. Practice your communication skills and think of ways to establish rapport quickly. You might want to prepare a few questions that show your interest in the team and their work culture.
✨Understand FCA Requirements
Brush up on your knowledge of FCA requirements, especially ICOBS, PROD, and Consumer Duty. Being able to discuss these regulations confidently will show that you understand the compliance landscape and are ready to navigate it in your new role.
