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- Tasks: Drive growth in a fast-expanding wholesale division and build broker relationships.
- Company: Respected UK insurance brokerage with a collaborative culture.
- Benefits: £50,000 salary, car allowance, competitive benefits, and hybrid working.
- Why this job: Shape the future of a growing wholesale proposition and make a real impact.
- Qualifications: Experience in business development or broker-facing roles; strong communication skills.
- Other info: Join a forward-thinking team with excellent career development opportunities.
The predicted salary is between 50000 - 50000 £ per year.
Drive growth within a fast-expanding wholesale division.
We are supporting a respected UK insurance brokerage that is expanding its wholesale offering and seeking a dynamic Business Development Manager to help accelerate growth. This position is perfect for someone who thrives on building broker relationships, opening new distribution channels, and driving revenue within the London Market and regional wholesale space.
You’ll act as the face of the wholesale team - identifying opportunities, nurturing broker partnerships, and promoting access to a wide range of commercial products including Property Owners, Terrorism, Management Liability, and Engineering. This is a high-impact role suited to someone commercially driven, relationship-focused, and confident operating at pace within a growing division.
Key Responsibilities- Develop and grow relationships with regional and London-based retail brokers, acting as their key point of contact.
- Identify new business opportunities and strategically target brokers to expand the wholesale distribution footprint.
- Promote the team’s specialist product offering, ensuring brokers understand appetite, strengths, and market solutions.
- Work closely with wholesale brokers and underwriters to support placement strategies and secure competitive terms.
- Attend broker meetings, networking events, and market sessions to raise the division’s profile.
- Collaborate with internal stakeholders to deliver sales plans and performance targets.
- Provide MI, pipeline reporting, and updates on broker engagement activity.
- Uphold high standards of professionalism, always ensuring FCA compliance.
- Represent the brand with integrity and help shape the future growth of the wholesale business.
- Proven experience in a Business Development, Development Underwriter, Development Broker, or broker-facing Account Executive role.
- Strong understanding of wholesale or London Market distribution channels.
- Existing relationships with regional or London retail brokers highly desirable.
- Confident communicator with the ability to influence, negotiate, and open doors.
- Commercially minded with a track record of delivering growth.
- Knowledge across Property Owners, Terrorism, Management Liability, or general commercial lines beneficial.
- Highly organised, proactive, and motivated by targets and results.
- Full UK driving licence required for regular broker visits.
- £50,000 base salary
- Car allowance
- Competitive benefits package
- Hybrid working
- Opportunity to shape and grow a developing wholesale proposition
- High visibility and strong support from senior leadership
- Career development within a growing division
This is a forward-thinking brokerage with a strong reputation, a collaborative culture, and a clear vision for expanding its wholesale market presence. You’ll be joining a team that values innovation, relationships, and long-term growth, offering you the platform to make a significant impact.
If you’re driven, relationship-focused, and excited by the opportunity to grow a wholesale proposition, we’d love to hear from you.
Business Development Manager - Wholesale in London employer: Insure Recruitment
Contact Detail:
Insure Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - Wholesale in London
✨Network Like a Pro
Get out there and meet people! Attend industry events, broker meetings, and networking sessions. Building relationships is key in the wholesale market, so don’t be shy – introduce yourself and make connections!
✨Show Off Your Expertise
When you’re chatting with brokers or potential clients, make sure to highlight your knowledge of the products and the market. Share insights on Property Owners, Terrorism, and Management Liability to show you know your stuff and can add value.
✨Follow Up, Follow Up, Follow Up
After meeting someone, drop them a quick email or message to thank them for their time and keep the conversation going. This shows you’re proactive and genuinely interested in building that relationship.
✨Apply Through Our Website
If you’re keen on this role, don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and puts you one step closer to joining a fantastic team.
We think you need these skills to ace Business Development Manager - Wholesale in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Business Development Manager role. Highlight your experience in building broker relationships and driving growth, as these are key to what we’re looking for.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about the wholesale market and how your background makes you the perfect fit for our team. Be sure to mention any existing relationships with brokers!
Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to drive revenue and develop partnerships. Numbers speak volumes, so don’t shy away from sharing your successes!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at Insure Recruitment
✨Know Your Market
Before the interview, dive deep into the wholesale and London Market. Understand the key players, current trends, and challenges. This knowledge will not only impress but also help you articulate how you can drive growth in this space.
✨Showcase Your Relationships
Be ready to discuss your existing relationships with brokers. Prepare specific examples of how you've nurtured these partnerships and the results achieved. This will demonstrate your ability to hit the ground running in the role.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific situations, like identifying new business opportunities or negotiating terms. Think through your past experiences and be ready to share how you successfully navigated similar challenges.
✨Highlight Your Commercial Mindset
Emphasise your track record of delivering growth and your understanding of commercial products. Be prepared to discuss how you can leverage your skills to promote the team’s offerings and expand the wholesale distribution footprint.