At a Glance
- Tasks: Support the DS&BD team in building relationships and identifying growth opportunities.
- Company: Join Markel, a Fortune 500 company with a collaborative culture.
- Benefits: Great salary, annual bonus, 25 days holiday, and strong benefits package.
- Why this job: Kickstart your career in a dynamic environment with endless learning opportunities.
- Qualifications: Basic knowledge of insurance, good communication skills, and a growth mindset.
- Other info: Flexible working patterns and a commitment to diversity and inclusion.
The predicted salary is between 35000 - 45000 £ per year.
Come and work with us in our DS & BD team here at Markel. Join us and play your part in something special!
The opportunity:
We have an exciting opportunity for a Distribution Strategies & Business Development (DS&BD) Analyst to join the Markel team in our London office. Markel Corporate Management sets the strategy and direction for Markel and manages performance against the organisation’s objectives. The team provides a full research and development function, providing the key information in strategy considerations. The role will be responsible for helping the DS&BD team to develop key relationships in order to identify potential opportunities for Markel. This in turn informs growth strategy and as directed will plan and implement delegated central initiatives. The successful candidate will have the opportunity to work with senior executives across the whole of the business both internally and externally.
What you’ll be doing:
- Provide vital support to the DS&BD team in organising meetings, providing key Management Information data and maintenance of key files.
- Begin to develop your own contacts within our existing eight formal Strategic relationships, also known as Major Trading Partners, who are our major distribution source i.e. our brokers. Develop strong working relationships across all Underwriting divisions with the corresponding broking teams.
- Contribute to working on Markel corporate strategy in raising our profile with each broker across, potentially, new geographies, new business classes, new markets, new distribution channels.
- Begin to build strong communication channels with internal and external partners and brokers.
- Account management, diary management, manage invoices/payments, prepare meeting materials.
- Facilitate broker/underwriter strategy meetings.
- Facilitate introductions as required/appropriate.
- Ensure brokers are kept updated with developments at Markel e.g. products, people, strategy, initiatives.
- Liaise with Carrier Management teams regularly on Account Management style activities.
- Review meeting agendas/minutes.
- Manage internal partner relationships and build and maintain close working relationship with key partners.
- Help to prepare meeting materials e.g. financial data.
- Work with brokers to agree agenda and meeting materials.
- Produce detailed notes to provide accurate reflection of discussion.
- Work on projects as required with varying level of involvement in these as/when they arise.
- Arrange and help host hospitality events e.g. Goodwood, Lloyd’s 7s, training/seminars, meals, etc.
Our must haves:
- An initial basic level of knowledge of the insurance market and latest developments.
- Competent IT skills and digital literacy including an interest in AI.
- Competent note taking ability.
- Good communication and negotiation skills.
- Good listening skills.
- Attention to detail.
- Solution orientated.
- Growth mindset, curious and keen to learn.
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 on +44 (0) 2079536504 to request any accommodations that may be needed. This includes alternative formats of any documents or information, on how to apply offline, or for further information on the interview process.
Wholesale DS and BD Analyst employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Wholesale DS and BD Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Markel. Use LinkedIn to connect with current employees and ask for informational chats. It’s all about building those relationships!
✨Tip Number 2
Prepare for interviews by researching Markel's recent projects and initiatives. Show that you’re not just interested in the role but also in how you can contribute to their growth strategy. Bring your A-game!
✨Tip Number 3
Practice your communication skills! Since the role involves liaising with brokers and internal teams, being articulate and confident is key. Try mock interviews with friends or use online resources to sharpen your skills.
✨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 serious about joining the Markel team. Let’s get you that interview!
We think you need these skills to ace Wholesale DS and BD Analyst
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Wholesale DS and BD Analyst role. Highlight your relevant experience and skills that align with what we’re looking for, like your knowledge of the insurance market and communication skills.
Show Your Enthusiasm: Let us see your passion for the role and the industry! In your application, mention why you’re excited about joining our DS & BD team at Markel and how you can contribute to our growth strategy.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon. We appreciate a well-structured application that gets straight to the point while showcasing your qualifications.
Apply Through Our Website: Don’t forget to apply through our official 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 to do!
How to prepare for a job interview at Markel Corporation
✨Know Your Stuff
Before the interview, brush up on your knowledge of the insurance market and recent developments. This role requires a basic understanding of the industry, so being able to discuss current trends or news will show that you're engaged and informed.
✨Build Your Network
Start thinking about how you can develop relationships with brokers and other key partners. During the interview, mention any relevant contacts you have or how you plan to build these connections. This shows initiative and an understanding of the role's requirements.
✨Showcase Your Communication Skills
Since this position involves a lot of communication and relationship management, be prepared to demonstrate your communication skills. Practice articulating your thoughts clearly and concisely, and think of examples where you've successfully negotiated or collaborated with others.
✨Be Detail-Oriented
Attention to detail is crucial for this role, especially when it comes to managing meeting materials and notes. Bring examples of how you've successfully managed details in past roles, and be ready to discuss how you ensure accuracy in your work.