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- Tasks: Support business development and collaborate with brokers to drive growth.
- Company: Join IQUW, a leading specialty (re)insurer at Lloyd's.
- Benefits: Enjoy competitive salary, 25 days holiday, and professional development support.
- Why this job: Make an impact in the insurance industry while working remotely.
- Qualifications: Experience in UK insurance market and strong communication skills.
- Other info: Dynamic team environment with opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
IQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.
ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer's needs.
The Broker Development & Support Executive (BDSE) will support ERS' business development activities by providing support to Regional Development Managers or Strategic Account Managers as well as driving plans and business development activities across their own distinct panel of identified brokers. This is a highly collaborative role, working with colleagues across the business as well as in close co-operation with the Sales and Marketing teams. This role will contribute to the achievement of the Sales and Marketing team's business development goals and to ERS' financial objectives. This role is predominantly remote, using technology to connect with brokers and team members, with some infrequent UK travel.
Key responsibilities
- Supporting Regional Development Managers or Strategic Account Managers with inbound broker queries by liaising with internal stakeholders and working through to resolution.
- Supporting events via outbound communications to maximise event attendance and event follow up with event attendees to explore opportunities and generate leads for follow up via Regional Development Managers or Strategic Account Managers.
- Providing support in significant broker meetings led by Regional Development Managers and Strategic Account Managers: collation of reports, data and completion of actions logs.
- Managing and driving profitable growth with a panel of identified brokers who have the potential to significantly increase GWP placed with ERS.
- Driving migration of brokers to electronic trading, and support digital migration across Regional Development Managers' and Strategic Account Managers' panels where required.
- Delivering product education and training on relevant products and platforms to targeted brokers.
- Ensuring Regional Development Managers and Strategic Account Managers are kept updated on the status and progress of allocated tasks.
- Communicating key broker updates to internal stakeholders within the business.
- Organising and managing allocated tasks held within the BDSE team as well those being allocated to other teams in the business.
The above duties and responsibilities are not an exhaustive list and you may be required to undertake any other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.
Essential qualifications, skills and experience
- Knowledge and experience working in intermediated UK insurance market.
- Effective communications skills.
- Strong Interpersonal skills.
- Ability to quickly build rapport with brokers and ERS stakeholders.
- Strong organisational skills to enable prioritisation and completion of tasks in a timely manner.
- Commercial awareness and ability to identify opportunities for further product development.
- Proficient in Microsoft Office applications.
- A team player with demonstrable experience of being part of a highly successful team.
Desirable behavioural attributes
- Commerciality.
- Relationships.
- Communication and influence.
- Development of self and others.
- Strategic perspectives.
- Analysis and decision making.
Benefits
- Competitive Benchmarked Salary.
- 25 days holiday.
- Discretionary bonus scheme.
- Employee assistance programme.
- Annual holiday buy (up to 3 extra days).
- Salary sacrifice benefits.
- Annual benefits reviews.
- The option for professional qualifications and study support.
Broker Development Support Executive in London employer: IQUW Group
Contact Detail:
IQUW Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker Development Support Executive in London
✨Tip Number 1
Network like a pro! Reach out to current employees at IQUW or ERS on LinkedIn. Ask them about their experiences and any tips they might have for landing the Broker Development Support Executive role. Personal connections can give you an edge!
✨Tip Number 2
Prepare for virtual interviews by setting up a professional backdrop and testing your tech. Make sure you’re familiar with the company’s products and recent news. This shows you’re genuinely interested and ready to contribute to their goals.
✨Tip Number 3
Showcase your communication skills! During interviews, be clear and concise when discussing your experience in the UK insurance market. Use examples that highlight your ability to build rapport with brokers and internal stakeholders.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email reiterating your interest in the role and mentioning something specific from the conversation can keep you top of mind. And remember, apply through our website for the best chance!
We think you need these skills to ace Broker Development Support Executive in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Broker Development Support Executive role. Highlight relevant experience in the UK insurance market and any skills that show you can build strong relationships with brokers.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background aligns with our mission at ERS. Be genuine and let your personality come through.
Showcase Your Communication Skills: Since effective communication is key in this role, make sure your application reflects your ability to convey ideas clearly. Use concise language and structure your application well to demonstrate your organisational skills.
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 the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at IQUW Group
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of the UK insurance market, especially around intermediated insurance. Familiarise yourself with the products offered by IQUW and ERS, as well as current trends in the industry. This will show that you're not just interested in the role but also understand the business.
✨Show Off Your Communication Skills
Since this role involves a lot of collaboration and communication with brokers and internal teams, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated complex information in the past, and be ready to demonstrate your interpersonal skills during the interview.
✨Be Organised and Proactive
The job requires strong organisational skills, so come prepared with a plan for how you would manage your tasks and priorities. You might even want to bring a sample task list or a project plan to discuss how you would approach your responsibilities as a Broker Development Support Executive.
✨Demonstrate Your Team Spirit
This role is all about collaboration, so be ready to share examples of how you've worked effectively in a team. Highlight any experiences where you've contributed to a team's success or helped resolve conflicts, showing that you're a team player who can thrive in a collaborative environment.
