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- Tasks: Drive business growth by developing broker relationships and analysing performance metrics.
- Company: Join a leading, innovative MGA known for exceptional service and market expertise.
- Benefits: Competitive salary, generous pension, private healthcare, and 25 days annual leave.
- Why this job: Make an impact in the SME insurance space with a data-driven approach.
- Qualifications: Strong sales ability, analytical skills, and experience in developing broker relationships.
- Other info: Enjoy hybrid working and professional development opportunities in a collaborative environment.
The predicted salary is between 36000 - 60000 £ per year.
Are you an ambitious and driven insurance professional ready to take your career to the next level? We are seeking a Broker Engagement Manager / Business Development Manager to join a leading, modern, and award-winning MGA, renowned for its innovative approach, exceptional service, and market expertise in SME Property & Casualty and Professional Indemnity insurance. In this role, you will join a high-performing e-trade team within a dynamic and fast-paced underwriting environment. You will play a pivotal part in developing broker relationships, driving business growth, and influencing strategic distribution decisions - all while working with a talented and collaborative team.
This is not a traditional relationship-management role; it is a data-driven, strategic position where your insights and analytical ability will directly shape broker engagement and business performance. You will use robust data to inform decisions, identify growth opportunities, and tailor strategies to the needs and potential of each broker partner. You will work closely with leadership, underwriting, marketing, claims, and data teams to deliver outstanding results and uphold the high service standards that make this MGA a trusted broker partner.
Key Responsibilities
- Analyse broker performance metrics, identify trading patterns, and share insights across the business.
- Deliver growth by managing pipelines, developing broker relationships, and achieving income targets.
- Support and enhance broker engagement strategies to increase enquiry volumes and conversions.
- Clearly communicate underwriting appetite and messaging, working closely with marketing and underwriting.
- Contribute to delivering a market-leading service and maintaining high renewal retention rates.
- Stay up to date with market developments, trends, and technical knowledge.
What You Will Bring
- Strong natural sales ability and trading mindset.
- Proven success in developing and growing regional broker relationships.
- Experience within an MGA environment.
- Strong analytical and data interpretation skills.
- Deep understanding of SME e-traded insurance products and systems.
- Excellent communication and negotiation skills.
- Self-motivated, accountable, and comfortable working autonomously.
- Energetic, detail-oriented, and results-driven.
The Offer
- Competitive salary (negotiable based on experience).
- Generous pension plan and private healthcare.
- Life assurance and 25 days annual leave.
- Team away days and optional corporate benefits.
- Support for professional development and qualifications.
- Hybrid working - with approximately two days per month in London for planning sessions.
Why Join
You will be part of a forward-thinking business that values innovation, data-led decision-making, and genuine partnerships. If you thrive in a collaborative, high-energy environment and want to make an impact in the SME insurance space - we would love to hear from you.
Our Diversity, Equity and Inclusion Mission: At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.
Broker Development Manager employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker Development Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show off your analytical skills! Prepare to discuss how you've used data to drive decisions in past roles. This will resonate well with the data-driven focus of the Broker Development Manager position.
✨Tip Number 3
Practice your pitch! Be ready to clearly communicate your understanding of the insurance market and how you can enhance broker engagement. Confidence is key!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Broker Development Manager
Some tips for your application 🫡
Show Your Analytical Skills: Since this role is all about data-driven decisions, make sure to highlight your analytical abilities in your application. Share examples of how you've used data to influence broker engagement or drive business growth.
Tailor Your Application: Don’t just send a generic CV and cover letter! Tailor your application to reflect the specific skills and experiences that align with the Broker Development Manager role. We want to see how you fit into our innovative and dynamic team.
Communicate Clearly: Your communication skills are key in this role, so ensure your written application is clear and concise. Use straightforward language and structure your thoughts logically to demonstrate your ability to convey complex information effectively.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity with our high-performing e-trade team!
How to prepare for a job interview at IDEX Consulting
✨Know Your Numbers
As a Broker Development Manager, you'll need to be data-savvy. Brush up on key performance metrics related to broker engagement and be ready to discuss how you've used data to drive growth in previous roles. This shows you understand the analytical side of the job.
✨Showcase Your Relationship Skills
This role isn't just about numbers; it's also about building strong relationships. Prepare examples of how you've successfully developed broker partnerships in the past. Highlight your communication and negotiation skills, as these will be crucial in this position.
✨Understand the Market Landscape
Stay updated on the latest trends in SME Property & Casualty and Professional Indemnity insurance. Being knowledgeable about market developments will not only impress your interviewers but also demonstrate your commitment to the industry and the role.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, such as managing a challenging broker relationship or identifying growth opportunities. Think through potential scenarios and how you would approach them, showcasing your strategic thinking and problem-solving abilities.
