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For Companies At a Glance
- Tasks: Lead growth strategies and open new markets in the marine insurance sector.
- Company: Join a dynamic marine insurance firm with global reach and untapped potential.
- Benefits: Enjoy a competitive salary, strong bonuses, and long-term incentive plans.
- Why this job: Be a key player in driving growth and shaping the future of the marine division.
- Qualifications: Proven experience as a marine producer or broker, ready for a leadership role.
- Other info: Position requires commuting to London and international travel for business.
The predicted salary is between 90000 - 210000 £ per year.
Executive level position, which includes an LTIP to help an already established marine insurance business reach its £5mil growth target.
Operating within the commercial marine space (H&M, P&I and Liability), this is a firm with untapped potential, with plenty of low hanging fruit to pick up globally off the back of their other specialist lines. Already trading globally, this business is looking to go up a gear and inject capital into the growth of their marine division.
You will be instrumental in driving growth, executing strategy, opening new markets/territories, as well as recruiting high calibre Marine Producers Brokers. You’ll either be doing this currently and are ready for a change, or are at the cusp of leadership, are a proven marine producer/marine broker and would like to take a lead role.
You’ll be based within a commuting distance to London, and there will be a natural expectation to travel internationally to meet existing and new wholesale brokers and MGUs.
We are forecasting this role to pay up to around the £150k mark plus strong bonus potential and of course long term incentive plans, but this can be stretched depending on your background and track record.
Managing Director - Marine employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Managing Director - Marine
✨Tip Number 1
Network within the marine insurance industry. Attend industry conferences, seminars, and events to meet key players and decision-makers. Building relationships can open doors to opportunities that may not be advertised.
✨Tip Number 2
Showcase your leadership experience in your conversations. Whether it's through informal chats or networking events, emphasize your ability to drive growth and execute strategies effectively.
✨Tip Number 3
Research the company thoroughly. Understand their current market position, challenges, and growth potential. This knowledge will help you articulate how you can contribute to their goals during discussions.
✨Tip Number 4
Be proactive in reaching out to existing employees or industry contacts who may have insights into the company culture and expectations. This can give you an edge in understanding what they value in a candidate.
We think you need these skills to ace Managing Director - Marine
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the marine insurance sector, particularly in H&M, P&I, and Liability. Emphasize any leadership roles you've held and your success in driving growth and executing strategies.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with their goals of reaching the £5mil growth target and your vision for expanding their marine division.
Highlight Relevant Achievements: Include specific examples of how you've successfully opened new markets or territories in your previous roles. Quantify your achievements where possible to demonstrate your impact on growth.
Showcase Leadership Skills: Since this is an executive-level position, emphasize your leadership skills and experience in recruiting high-caliber professionals. Discuss your approach to team building and how you motivate others to achieve business objectives.
How to prepare for a job interview at IDEX Consulting
✨Showcase Your Leadership Experience
As a Managing Director, your leadership skills are crucial. Be prepared to discuss specific examples of how you've successfully led teams, executed strategies, and driven growth in previous roles.
✨Demonstrate Industry Knowledge
Familiarize yourself with the commercial marine space, including H&M, P&I, and Liability insurance. Highlight your understanding of market trends and how they can impact the business's growth potential.
✨Discuss Your Strategic Vision
Articulate a clear vision for how you would approach the growth targets set by the company. Discuss potential new markets or territories you believe could be tapped into and how you plan to execute that strategy.
✨Prepare for Questions on Recruitment
Since recruiting high-caliber Marine Producers Brokers is part of the role, be ready to discuss your recruitment strategies. Share your experience in identifying and attracting top talent in the marine insurance sector.
