At a Glance
- Tasks: Lead the development of innovative commercial insurance products and drive continuous improvement.
- Company: Join a leading commercial insurance underwriting business with a focus on growth.
- Benefits: Enjoy 25 days' annual leave, private medical insurance, and a solid pension plan.
- Other info: You'll have support for personal development to maximise your potential.
- Why this job: Make a real impact by shaping products that protect businesses from financial risks.
- Qualifications: Experience in product management or underwriting within commercial lines insurance is essential.
The predicted salary is between 54000 - 66000 £ per year.
Insure Recruitment is partnering with a leading commercial insurance underwriting business to appoint a Commercial Lines Product Manager.
This is an excellent opportunity to take ownership of a growing portfolio of commercial products - including Contractors, Commercial Combined, Construction, Terrorism, and Life Sciences – which protect businesses against the financial risks to their property, people, legal liabilities, income, and operations.
As Commercial Lines Product Manager, you will lead the development pipeline, driving continuous improvement and ensuring products are innovated in line with customer needs and business objectives.
Partnering closely with teammates across the division, you will help turn strategic ideas into high-quality, desirable solutions.
You will lead the annual review process for your products, ensuring they consistently deliver fair value and remain competitive in the market.
Throughout the year, you will track and analyse performance, providing insight and regular updates to the business.
KEY RESPONSIBILITIES
- Ensure the propositions delivered are best in class for customers and user experience.
- Support the product team to help set and deliver the business product strategy.
- Identify opportunities by carrying out ongoing market and competitor research.
- Undertake annual product reviews in line with group governance and regulatory guidelines to ensure products deliver fair value to customers.
- Analyse and communicate the performance of all products allocated to you.
- Support the business with product training and development.
- Provide regular updates on your progress and the performance of your products.
- Identify improvements in internal processes and work with teammates to assess and implement best practice – contributing to the success and continuous development of the team.
- Perform other duties from time to time as determined by the board and senior management.
- WHAT YOU'LL BRING
We'd love to hear from candidates who can demonstrate the following.
- Experience in product management, underwriting, or a technical role within commercial lines insurance.
- Sound knowledge of commercial products such as Contractors, Commercial Combined, Construction, Terrorism, or Life Sciences (or comparable classes).
- A strong understanding of product governance, fair value assessments, and relevant regulatory requirements.
- Analytical mindset with the ability to interpret product performance data and translate insight into action.
- Excellent communication and stakeholder management skills, with the ability to collaborate across teams.
- A proactive, customer-focused approach and a genuine drive for continuous improvement.
- PERSONAL DEVELOPMENT
You'll be supported to build your own personal development plan, ensuring your knowledge and skills continually grow so you can maximise your potential.
BENEFITS
- 25 days' annual leave.
- Private medical insurance after probation (senior roles only).
- Pension: 5% employer contribution,
- 3% employee contribution.
- Death in Service (DIS) x3
HOW TO APPLY
If this sounds like your next move, click Apply now to submit your CV.
A member of the Insure Recruitment team will be in touch with suitable candidates to discuss the role in more detail.
Commercial Lines Product Manager in London employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Lines Product Manager in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Jobiqo). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Jobiqo. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Lines Product Manager in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Jobiqo.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Jobiqo. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Jobiqo
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Jobiqo to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Jobiqo, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Jobiqo's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
