Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage and grow relationships with insurer partners while delivering top-notch service.
- Company: Join Lockton, a leading insurance brokerage known for its innovative approach and strong market presence.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values strategic thinking and fosters a collaborative culture.
- Qualifications: Experience in account management within insurance, with strong negotiation and communication skills required.
- Other info: This role offers a unique chance to engage in diverse projects across the insurance landscape.
The predicted salary is between 54000 - 84000 £ per year.
Get AI-powered advice on this job and more exclusive features.
Direct message the job poster from Lockton
We are seeking a highly skilled and experienced Relationship Manager to join the Lockton Market Management Group, a high profile team at our well-established insurance brokerage.
As an Insurer Relationship Manager, you will be responsible for maintaining and expanding relationships with insurer partners, ensuring effective carrier management, and delivering exceptional service to these clients. This role requires a proactive, organised, and strategic individual who possesses excellent communication and negotiation skills.
Responsibilities:
1. Account Management:
- Collaborate with insurer partners to build and maintain long-term relationships.
- Ensure high-quality service delivery to insurer partners within assigned accounts.
- Develop and implement strategic account plans by understanding insurer partner needs and goals.
- Participate in meetings and presentations to showcase carrier capabilities.
- Regularly review insurer performance and provide feedback to improve service levels.
- Negotiate contractual terms and conditions with carriers to achieve beneficial agreements.
- Resolve any carrier-related issues or disputes in a timely and professional manner.
2. New Business Development :
- Identify growth opportunities within existing accounts.
- Seek opportunities to develop new carrier relationships and expand market reach.
- Contribute to the development of marketing materials and pitch documents.
3. Industry Knowledge and Market Research:
- Stay updated on market trends, regulatory changes, and emerging insurance products/services.
- Conduct regular market research to identify potential carrier partners and remain competitive.
- Analyse industry reports and use data-driven insights to support carrier management strategies.
4. Other
- Ad-hoc requests for assistance from around the business (note, unlike our competitors, Lockton have not split Insurer Relationship Management from Broking and the MMG team are seen as a one-stop-shop for all things market related)
- Specific project work around placement strategy for the Executive Committee.
Requirements:
- Proven track record of success in account management within the insurance industry.
- Strong understanding of carrier management, insurance products, and underwriting principals
- Excellent negotiation, communication, and presentation skills.
- Ability to build and maintain strong relationships with insurer partners.
- Analytical mindset with the ability to analyse industry trends, market data, and risk assessments.
- Strong organisational skills, attention to detail, and ability to multitask effectively.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
General Business
-
Industries
Insurance
Referrals increase your chances of interviewing at Lockton by 2x
Sign in to set job alerts for “Relationship Manager” roles.
Hybrid Account Executive, Eastern Europe
London, England, United Kingdom 3 weeks ago
Key Account Executive – Sport & Entertainment
London, England, United Kingdom 1 day ago
London, England, United Kingdom £90,000.00-£90,000.00 13 hours ago
London, England, United Kingdom 8 hours ago
City Of London, England, United Kingdom £30,000.00-£33,000.00 6 days ago
London Area, United Kingdom £75,000.00-£80,000.00 21 hours ago
London, England, United Kingdom £65,000.00-£75,000.00 19 hours ago
Greater London, England, United Kingdom 2 weeks ago
Relationship Manager Corporate & Institutional Banking
London, England, United Kingdom 1 week ago
Senior Relationship Manager, Corporate Banking
London, England, United Kingdom 1 week ago
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 1 month ago
London, England, United Kingdom 1 week ago
Key Account Executive – Sport & Entertainment
London, England, United Kingdom 1 day ago
London, England, United Kingdom 20 hours ago
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 1 month ago
London, England, United Kingdom 1 day ago
International Wholesale Account Executive
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 3 weeks ago
Senior Relationship Manager – RegTech – Big 4 background
London, England, United Kingdom 5 days ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Insurer Relationship Manager employer: Lockton
Contact Detail:
Lockton Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurer Relationship Manager
✨Tip Number 1
Network actively within the insurance industry. Attend industry events, webinars, and conferences to meet potential insurer partners and other professionals. Building a strong network can lead to valuable connections that may help you in your role as an Insurer Relationship Manager.
✨Tip Number 2
Stay updated on market trends and regulatory changes. Subscribe to industry publications and follow relevant news sources to ensure you have the latest information. This knowledge will not only enhance your conversations with insurer partners but also demonstrate your commitment to the role.
✨Tip Number 3
Develop your negotiation skills through practice and training. Consider role-playing scenarios with peers or seeking mentorship from experienced negotiators in the industry. Strong negotiation skills are crucial for securing beneficial agreements with carriers.
✨Tip Number 4
Familiarise yourself with the specific needs and goals of potential insurer partners. Conduct thorough research on their business models and challenges they face. Tailoring your approach to address these factors can significantly improve your chances of building successful relationships.
We think you need these skills to ace Insurer Relationship Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in account management and insurer relationships. Use specific examples that demonstrate your negotiation skills and ability to build long-term partnerships.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience in managing insurer relationships and understanding market trends.
Showcase Industry Knowledge: Demonstrate your understanding of the insurance industry by mentioning recent trends or regulatory changes in your application. This shows that you are proactive and knowledgeable, which is crucial for the Insurer Relationship Manager role.
Highlight Analytical Skills: Include examples of how you've used data-driven insights to support carrier management strategies in your previous roles. This will illustrate your analytical mindset and ability to make informed decisions based on market research.
How to prepare for a job interview at Lockton
✨Research Lockton and the Insurance Market
Before your interview, make sure to thoroughly research Lockton and its position in the insurance market. Understand their services, recent news, and how they differentiate themselves from competitors. This knowledge will help you demonstrate your genuine interest in the company and the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving and negotiation skills. Prepare examples from your past experiences where you've successfully managed relationships or resolved disputes with insurer partners. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Analytical Skills
As an Insurer Relationship Manager, you'll need to analyse market trends and data. Be ready to discuss how you've used analytical insights in previous roles to drive decisions or improve service delivery. Highlight any tools or methodologies you are familiar with that can aid in this process.
✨Demonstrate Strong Communication Skills
Effective communication is key in this role. During the interview, practice clear and concise communication. Be prepared to discuss how you tailor your communication style to different stakeholders, whether they are insurer partners or internal teams, to ensure successful collaboration.
