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- Tasks: Lead broker partnerships and drive profitable growth in the insurance sector.
- Company: Join Convex, a dynamic player in the London insurance market focused on strategic growth.
- Benefits: Enjoy competitive salary, 30 days leave, private health insurance, and wellness perks.
- Other info: Embrace Convex values while enjoying a supportive work environment and development opportunities.
- Why this job: Be part of a flat hierarchy where your influence drives success and market share.
- Qualifications: 10-15 years in insurance with strong broker engagement and analytical skills required.
The predicted salary is between 72000 - 108000 £ per year.
Head of Broker Engagement
Department: Underwriting – Insurance
Employment Type: Permanent
Location: London, UK
Description
As the Head of Broker Engagement, you will be instrumental in maximising the potential of our distribution partners, facilitating and managing strategic broker partnerships, and driving profitable growth across our business alongside our underwriting teams. This is a unique opportunity for someone with extensive market experience and an established broker network to leverage their strategic influence and contribute to Convex\’s continued success. Reporting to the UK Chief Underwriting Officer, Insurance and nurture positive relationships across Convex Group. This includes C-suite, Line of Business Heads and other stakeholders as required. Consistent with our flat hierarchy, you will benefit from resources around the Group to support your delivery.
Key Responsibilities
- Maximise opportunities to ensure Convex are growing our market share/share of broker wallet and rank, across key broking relationships.
- Leverage Convex senior management relationships and market proposition to get an outsized share of target client accounts through partnerships with brokers and clients.
- Build relationships with broker carrier management teams and market peers to enhance market awareness and intelligence, supporting business development.
- Monitor trading metrics (internal and external) to identify areas of opportunity for better alignment between Convex class of business teams with their broking peers.
- Support CUOs, Heads of Business Group and Line of Business Heads, to explore areas to expand underwriting appetite.
- Work with underwriting teams and Analytics to source information and data to objectively support, define or adjust underwriting appetite.
Skills Knowledge and Expertise
- 10-15 years of experience in the London insurance market, with an extensive background in broker engagement and relationship management as well as familiarity with various classes of business.
- Proven track record of maintaining and leveraging a broad network of broker relationships.
- Strategic thinker with the ability to influence and facilitate growth.
- Articulate and confident communicator at all levels of seniority with the ability to adapt your style depending on your audience.
- Analytical mindset with the ability to spot trends and growth opportunities, using data to present strategic information.
- Willing to embrace the Convex values and apply them in your daily role.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- 10 days of help with care (elder/ childcare) through Bright Horizons
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
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Head of Broker Engagement employer: Convex Insurance Ltd.
Contact Detail:
Convex Insurance Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Broker Engagement
✨Tip Number 1
Network strategically within the London insurance market. Attend industry events, seminars, and conferences where you can meet key players in broker engagement. Building relationships with influential brokers and industry leaders can give you an edge in understanding market dynamics and opportunities.
✨Tip Number 2
Leverage your existing connections to gather insights about Convex and its position in the market. Speak to current or former employees if possible, as they can provide valuable information about the company culture and expectations for the Head of Broker Engagement role.
✨Tip Number 3
Stay updated on the latest trends and developments in the insurance sector, particularly regarding broker engagement strategies. This knowledge will not only help you in interviews but also demonstrate your commitment to driving growth and innovation at Convex.
✨Tip Number 4
Prepare to discuss specific examples from your past experiences that showcase your ability to build and maintain broker relationships. Highlight instances where your strategic thinking led to successful partnerships or growth, as this will resonate well with the hiring team at Convex.
We think you need these skills to ace Head of Broker Engagement
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in the London insurance market, particularly in broker engagement and relationship management. Use specific examples to demonstrate your proven track record of maintaining and leveraging broker relationships.
Craft a Compelling Cover Letter: In your cover letter, articulate your strategic thinking and ability to influence growth. Mention how your skills align with the key responsibilities of the Head of Broker Engagement role and express your enthusiasm for contributing to Convex's success.
Highlight Relevant Skills: Emphasise your analytical mindset and ability to spot trends and growth opportunities. Provide examples of how you've used data to support strategic decisions in previous roles, showcasing your fit for the position.
Showcase Communication Skills: Since the role requires confident communication at all levels, include instances where you've successfully communicated with senior management or facilitated partnerships. This will demonstrate your ability to adapt your style depending on your audience.
How to prepare for a job interview at Convex Insurance Ltd.
✨Showcase Your Broker Network
Make sure to highlight your extensive broker network during the interview. Discuss specific relationships you've built and how they've contributed to previous successes. This will demonstrate your ability to leverage connections for Convex's growth.
✨Demonstrate Strategic Thinking
Prepare examples that showcase your strategic thinking skills. Be ready to discuss how you've identified opportunities in the past and how you plan to apply this mindset at Convex to maximise market share and broker engagement.
✨Communicate Confidently
As a Head of Broker Engagement, you'll need to communicate effectively with various stakeholders. Practice articulating your thoughts clearly and confidently, adapting your style to suit different audiences, from C-suite executives to underwriting teams.
✨Use Data to Support Your Ideas
Be prepared to discuss how you've used data to identify trends and growth opportunities in your previous roles. Show how you can apply an analytical mindset to support Convex's underwriting appetite and business development strategies.