At a Glance
- Tasks: Build key relationships and identify opportunities in the London Market.
- Company: Join Markel, a Fortune 500 company with a global community of optimists.
- Benefits: Competitive salary, annual bonus, 25 days holiday, and strong benefits package.
- Other info: Flexible working patterns and commitment to diversity and inclusion.
- Why this job: Make a meaningful impact while developing your career in a supportive environment.
- Qualifications: Knowledge of the insurance market and strong communication skills required.
The predicted salary is between 40000 - 50000 € per year.
Overview
Looking for a role that will have a meaningful impact in developing key relationships and identifying potential opportunities? We are looking for an individual to join and help grow our portfolio as a Business Development Executive - London Market.
What part will you play?
If you’re looking for a place where you can make a meaningful difference, you’ve found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you’re wild about horses, bananas for boats, or driven by data, you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs. Join us and play your part in something special!
The opportunity
This role provides vital support to the Head of Distribution Strategy & Business Development and the Managing Director, enabling the effective management of key broker relationships and strategic initiatives across MINT and Wholesale. You will play a central role in managing Major Trading Partner (MTP) relationships, supporting governance and reporting, coordinating meetings and events, and acting as a key conduit between brokers and internal stakeholders. Over time, you’ll also develop your own broker contacts and contribute to initiatives that support growth across products, markets and geographies.
What you’ll be doing
- Support the Head of Distribution Strategy & Business Development and Managing Director in managing key broker relationships and strategic initiatives
- Help manage Major Trading Partner (MTP) accounts, acting as a central point of contact for brokers
- Coordinate and support broker and internal strategy meetings, including preparation of materials and follow‑up actions
- Build strong relationships with senior internal stakeholders and underwriting teams
- Produce and maintain management information to track broker performance and relationships
- Support governance, regulatory reporting and contract administration
- Contribute to strategic projects, initiatives and broker engagement activity
- Coordinate broker events, training sessions and hospitality
Our must-haves
- Solid working knowledge of the insurance market and current developments
- Strong IT capability, with confidence producing management information and meeting materials
- Excellent written and verbal communication skills, including clear note‑taking and the ability to lead discussions
- Strong organisational skills, with the ability to manage priorities, plan workloads and meet deadlines
- Ability to understand, interpret and support strategy, and apply it effectively across broker relationships
- Professional, confident and relationship‑focused, with strong interpersonal and networking skills
- Proactive, self‑motivated and comfortable working independently while taking ownership of outcomes
- Committed to personal development, continuous improvement and maintaining high standards of work
- Flexible and adaptable, with a collaborative mindset and strong attention to detail
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
What’s in it for you?
- 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!
Are you ready to play your part? 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.
Business Development Executive - London Market employer: Markel International
At Markel, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and personal growth. With a strong benefits package, including a competitive salary, generous holiday allowance, and opportunities for professional development, our London office is the perfect place for individuals looking to make a meaningful impact in the insurance market while enjoying a supportive and inclusive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Executive - London Market
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance market. Attend industry events, join relevant online groups, and don’t be shy about reaching out to potential brokers on LinkedIn. Building those relationships can really set you apart.
✨Tip Number 2
Prepare for your interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you articulate why you’re a great fit for the Business Development Executive role and show that you’re genuinely interested.
✨Tip Number 3
Practice your communication skills! As a Business Development Executive, you’ll need to convey ideas clearly and confidently. Try mock interviews with friends or use online resources to refine your pitch and ensure you can lead discussions effectively.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it’s a great opportunity to reiterate why you’d be a perfect fit for the team at Markel.
We think you need these skills to ace Business Development Executive - London Market
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for the role shine through! We want to see how excited you are about developing key relationships and making a meaningful impact in the London Market.
Tailor Your CV:Make sure your CV is tailored to highlight your relevant experience in the insurance market. We love seeing how your skills align with our must-haves, so don’t hold back on showcasing your strengths!
Craft a Compelling Cover Letter:Your cover letter is your chance to tell us why you’re the perfect fit for this role. Be sure to mention specific examples of how you've managed broker relationships or contributed to strategic initiatives in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s quick and easy, and it helps us keep track of your application. Plus, you’ll be one step closer to joining our fantastic team!
How to prepare for a job interview at Markel International
✨Know Your Market
Before the interview, brush up on your knowledge of the insurance market and current developments. This will not only show your enthusiasm for the role but also help you engage in meaningful discussions about key broker relationships and strategic initiatives.
✨Prepare Your Materials
Make sure to prepare any materials you might need for the interview, such as notes on your previous experiences with broker relationships or examples of how you've supported strategic projects. Being organised will demonstrate your strong organisational skills and attention to detail.
✨Practice Your Communication Skills
Since excellent written and verbal communication skills are a must-have for this role, practice articulating your thoughts clearly. You might even want to rehearse leading a mock discussion to showcase your ability to engage with senior stakeholders effectively.
✨Show Your Proactive Side
During the interview, highlight instances where you've taken ownership of outcomes or contributed to personal development. This will reflect your proactive nature and commitment to continuous improvement, which are key traits for success in this position.
