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- Tasks: Manage and develop strategic insurer relationships while running your own accounts and projects.
- Company: Join a dynamic and growing market management team at Miller.
- Benefits: Competitive salary, professional development, and opportunities to influence key decisions.
- Why this job: Shape the future of insurance and make a real impact in a fast-paced environment.
- Qualifications: Experience in account management or business development; insurance knowledge is a plus.
- Other info: Engage with industry leaders and enjoy excellent networking opportunities.
The predicted salary is between 36000 - 60000 £ per year.
We have an excellent opportunity to join our market management team as an insurer relationship executive. You will be part of a new, growing and successful team; running your own accounts and projects. The great thing about this team is that every day is different and you will have the chance to influence and shape decisions.
Role Responsibilities
- Support the Head of Market Management with the management and development of strategic re/insurer relationships to ensure budgets are met or exceeded.
- Work through the full sales process from identifying prospects to securing budget and the ongoing management and growth of the account.
- Collaborate across all Miller Group Business Units - understanding relationships, educating teams, supporting with growth and/or identifying barriers to success.
- Create and execute engagement plans, recording key activities and evidencing the delivery of required services.
- Deliver strategic insights, identifying growth opportunities and supporting the development of relationships with strategic partners.
- Think innovatively, looking at ways to increase relevance of relationships.
- Support projects that are key to our proposition, including but not limited to data dashboards, broker surveys, newsletters, events.
- Remain aware of the market – competitors, potential changes/risks in the industry which affect the division and how we work.
- Constantly think of ways to innovate the proposition, the way we present and interpret data and engage with our key partners.
- Build and maintain strong relationships with both internal (across broking teams, legal, operations etc) & external stakeholders (insurers, professional bodies, regulators, brokers).
- Attend and represent Miller at external events/networking opportunities.
- Responsible for ensuring all compliance/regulatory requirements are met.
- Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd's byelaws and FCA rules.
- Promote Miller brand and values to enhance Miller's reputation in the market.
- Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls.
Experience
- Previous experience in the insurance industry is desirable.
- Experience in an account management or business development role essential.
- Experience of a high pressured, multi-tasking environment.
- Comfortable in presenting to senior stakeholders (C-suite level experience preferable).
Knowledge
- Understanding of general principles of insurance.
- Understanding of London market operations.
- Awareness of regulatory environment and requirements e.g. FCA, GDPR, competition rules.
- Understanding of how the market management division enables the objectives of a brokerage.
Insurer Relationship Executive in London employer: Miller
Contact Detail:
Miller Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurer Relationship Executive in London
✨Tip Number 1
Network like a pro! Get out there and attend industry events or networking opportunities. It's all about making connections, so don’t be shy to introduce yourself and chat with potential employers or colleagues.
✨Tip Number 2
Show off your knowledge! When you get the chance to meet with stakeholders or during interviews, share your insights about the insurance market and how you can contribute to their success. It’ll show you’re not just another candidate, but someone who’s genuinely interested in the role.
✨Tip Number 3
Follow up after meetings or interviews! A quick thank-you email can go a long way. It keeps you on their radar and shows your enthusiasm for the position. Plus, it’s a great opportunity to reiterate why you’d be a perfect fit for the team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly helps us keep track of your application. Plus, it shows you’re serious about joining our awesome team!
We think you need these skills to ace Insurer Relationship Executive in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Insurer Relationship Executive role. Highlight your experience in account management and any relevant skills that align with the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance industry and how your background makes you a perfect fit for this role. Don’t forget to mention your understanding of the London market operations!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to manage accounts and develop relationships. We love numbers, so if you’ve exceeded budgets or grown accounts, let us know!
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 shows you’re keen to join our growing team!
How to prepare for a job interview at Miller
✨Know Your Stuff
Make sure you brush up on your knowledge of the insurance industry, especially the London market operations. Familiarise yourself with key regulations like FCA and GDPR, as well as the principles of insurance. This will show that you're not just interested in the role but also understand the landscape you'll be working in.
✨Showcase Your Relationship Skills
Since this role is all about building and maintaining relationships, prepare examples from your past experiences where you've successfully managed accounts or developed strategic partnerships. Be ready to discuss how you can influence decisions and drive growth through collaboration.
✨Think Innovatively
Come prepared with ideas on how to innovate the way relationships are managed and how data is presented. Think about engagement plans or strategies that could enhance the relevance of partnerships. This will demonstrate your proactive approach and ability to think outside the box.
✨Prepare for Stakeholder Engagement
Practice how you would present to senior stakeholders, as this role requires comfort in dealing with C-suite executives. Prepare a mock presentation or two, focusing on clarity and confidence. Highlight your ability to communicate complex information effectively, which is crucial for this position.
