At a Glance
- Tasks: Manage key insurer partnerships and shape products for better customer outcomes.
- Company: Join a dynamic team at Markerstudy, a leader in the insurance industry.
- Benefits: Flexible hybrid working, travel opportunities, and a chance to innovate.
- Other info: Self-motivated individuals with a passion for innovation will thrive here.
- Why this job: Make a real impact in the insurance sector while developing your career.
- Qualifications: Experience in insurance, strong analytical skills, and excellent communication.
The predicted salary is between 42750 - 52250 £ per year.
- Product & Insurer Relations Manager
- Locations : Flexible hybrid working, with travel to multiple locations
Role Overview
This is an exciting opportunity to perform a key role within the Insurer relations team at Markerstudy business.
Reporting to the Head of Insurer Relations, you will manage key insurer partnerships across multiple Commercial Insurance brands.
You will collaborate with internal stakeholders to create and oversee key relationships with our key Business partners.
You will shape our products and customer propositions in a fast-paced environment and deliver commercial value and strong outcomes for Policyholders.
The role involves working on a hybrid basis, a mixture of home working and working within our core UK based offices. Travel will be required.
Responsibilities
- Utilise data insights to drive improvements in customer conversion and retention rates.
- Develop and manage insurer relationships to improve our product footprint, maximise cost-efficiency, and enhance overall business outcomes.
- Ensure that target markets are clearly identified and matched to products that create strong customer outcomes.
- Ensure that our products provide fair value to our customers.
- Build and maintain a strong relationship with Insurer partners
- Analysis of external and internal MI to monitor and improve performance and support the growth of our business
- Analyse quote data by insurer to identify opportunities at both new business and renewal
- Develop and implement strategic plans with Insurer panel, in conjunction with the Manager / Head of Insurer relations for Commercial lines products
- Ensure credibility with Insurers by maintaining detailed knowledge of current market conditions and trends, our existing and new products and competitor products and services
- Work with internal partners to ensure shared awareness across the business of key target customer segments for our Insurer panel
- Create clear and concise reports to support Insurer review/strategy meetings
Key Skills and Experience
- Experience of working in Insurance / Commercial lines
- Experience of analysing data to drive sound business decisions
- Proven experience of building and maintaining remote networks and relationships
- Proven experience managing internal stakeholder relationships
- Strong communication, negotiation and influencing skills
- Proactive with the ability to drive continuous improvements
- Excellent planning & organisational skills
- Ability to travel to Insurer strategy meetings in London and potentially around the UK
Behaviours
- Self-motivated with a drive to learn and develop
- Logical thinker with a professional and positive attitude
- Passion to innovate, improve processes and challenge the norm
- Personality and a sense of humour
Locations
Product & Insurer Relations Manager in Cheshire, Warrington employer: Markerstudy Business
Markerstudy is an exceptional employer that fosters a dynamic and inclusive work culture, offering flexible hybrid working arrangements that empower employees to balance their professional and personal lives. With a strong emphasis on employee growth, we provide ample opportunities for development through collaboration with key insurer partners and access to valuable data insights, ensuring that our team members can thrive in their roles while contributing to meaningful outcomes for policyholders. Join us in a fast-paced environment where innovation is encouraged, and your contributions will directly impact the success of our commercial insurance brands.
StudySmarter Expert Advice🤫
We think this is how you could land Product & Insurer Relations Manager in Cheshire, Warrington
✨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 Markerstudy Business). 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 Markerstudy Business. 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 Product & Insurer Relations Manager in Cheshire, Warrington
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 Markerstudy Business.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Markerstudy Business. 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 Markerstudy Business
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Markerstudy Business 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 Markerstudy Business, 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 Markerstudy Business'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.
