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- Tasks: Oversee and manage delegated deals while building strong relationships with brokers.
- Company: Join Markel, a Fortune 500 company with a collaborative culture.
- Benefits: Great salary, annual bonus, 25 days holiday, and comprehensive benefits package.
- Why this job: Be part of a dynamic team driving growth in the insurance industry.
- Qualifications: Experience in General Insurance and managing delegated authority business.
- Other info: Flexible working options and opportunities for career development.
The predicted salary is between 36000 - 60000 £ per year.
Join us and play your part in something special!
About the team:
We arrange our business into five channels, with the NMUK Broker Channel the largest and fastest growing of all our UK business units. Our broker engagement and subsequently pipeline and new business volumes have increased exponentially. As part of growth ambitions, we have set up a dedicated Schemes function which shall be responsible for the ownership of all Scheme business managed within the NMUK Broker Channel through Broker partners in the UK. Schemes is defined as any business where we provide a delegated underwriting authority to our partners. The Schemes team operates cross-class across all Markel products (PI, Care, Tech, Life Science, Construction and BTE Legal Expenses) along with considering new product areas.
The Schemes team works closely alongside our Broker Development team, where we are structured to support our Major Trading Partners, Key Accounts, Development Brokers and Connect Brokers. The Schemes team are the centre of excellence to support our Broker Development team in managing existing Schemes along with quoting and onboarding new Scheme opportunities.
The Schemes Deal Manager role reports into the Head of Schemes Development. The Schemes team is the centre of excellence for the management, oversight, review and onboarding of all Schemes business for the Broker channel. Working closely with internal stakeholders such as Broker Development and the Underwriters is essential to delivering the right outcomes to support growing our Schemes business.
What we ask of you:
- Develop a structure to provide oversight for all existing delegated deals and a framework for delivering analysis and performance reviews to partner brokers and MGAs.
- Build strong relationships with internal stakeholders to support with the ongoing oversight of the Scheme business you manage and to respond to queries and requests.
- Take ownership of new delegated opportunities, supporting the Business Development team to successfully secure and onboard new delegated facilities.
- Build strong relationships with external Broker stakeholders and the teams which manage the Scheme business we hold with them, acting as the key point of contact into NMUK.
- Work with the Head of Schemes Development to support the delivery of the Schemes team growth plan, providing a summary of results and actions required to support the retention strategy of existing Schemes business.
- Develop an understanding of the broader NMUK proposition including Legal and Tax services to support the delivery of value-added services to existing Scheme business.
- Demonstrate a high level of sales professionalism and discipline through timely and accurate activity reporting, maintenance of CRM and documentation of meetings.
What you will bring to the role:
- Have previous experience within the General Insurance industry and specifically working with delegated authority business in the UK Broker and MGA market.
- Demonstrable experience and success in roles securing and retaining delegated authority and portfolio business.
- Demonstratable experience showing the strategic oversight necessary to manage a number of large and complex accounts.
- Understanding of project management techniques and stakeholder management of both internal and external stakeholders.
- Show a high level of competence in the use of performance data to highlight trends and insight in Scheme business performance to support review meetings with Broker partners.
- Be able to articulate performance reviews to internal and external stakeholders by confidently discussing data, trends and insights to effectively manage Scheme performance outcomes.
- We are looking for challenging, self-starting, and success-oriented individuals who bring expertise, initiative and a desire to build a market-leading business.
- To be a creditable and engaging representative of Markel, in order to cultivate long-term relationships within the industry.
Who we are:
Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further
A great starting salary plus annual bonus & strong benefits package…
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
- Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer.
- There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
Schemes Deal Manager employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Schemes Deal Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work with brokers or in insurance. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by knowing your stuff! Research the company and its Schemes function thoroughly. Be ready to discuss how your experience aligns with their goals and how you can contribute to their growth.
✨Tip Number 3
Showcase your analytical skills! Be prepared to talk about how you've used performance data in past roles. Highlight specific examples where your insights led to successful outcomes in managing delegated authority business.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our team at Markel.
We think you need these skills to ace Schemes Deal Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your application to highlight how your experience aligns with the Schemes Deal Manager role. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Achievements: Don’t just list your responsibilities; share specific achievements that demonstrate your success in managing delegated authority business. Numbers and results speak volumes, so let us see what you've accomplished!
Be Clear and Concise: Keep your application clear and to the point. We appreciate well-structured applications that are easy to read. Avoid jargon unless it’s relevant to the role, and make sure your passion for the industry shines through.
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’s super easy – just click ‘Apply Now’!
How to prepare for a job interview at Markel Corporation
✨Know Your Schemes Inside Out
Before the interview, make sure you understand the Schemes function and how it operates within the NMUK Broker Channel. Familiarise yourself with the different products and services offered, as well as the key stakeholders involved. This will help you demonstrate your knowledge and show that you're genuinely interested in the role.
✨Build Relationships with Internal Stakeholders
Since the role involves working closely with internal teams like Broker Development and Underwriters, think about how you can showcase your relationship-building skills. Prepare examples of how you've successfully collaborated with various stakeholders in the past, and be ready to discuss how you would approach these relationships in this new role.
✨Showcase Your Analytical Skills
As a Schemes Deal Manager, you'll need to analyse performance data and trends. Be prepared to discuss your experience with data analysis and how you've used insights to drive business decisions. Bring specific examples of how your analytical skills have led to successful outcomes in previous roles.
✨Demonstrate Your Sales Professionalism
This role requires a high level of sales professionalism, so be ready to talk about your sales achievements and how you maintain discipline in your reporting and CRM activities. Highlight any strategies you've implemented to secure and retain delegated authority business, and how you plan to apply those strategies in this position.