Insurance Account Manager

Insurance Account Manager

Bournemouth Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage partnerships with insurance providers and oversee product governance for new insurance changes.
  • Company: Join a dynamic network and mortgage club focused on protection and general insurance.
  • Benefits: Enjoy flexible working options, professional development opportunities, and a supportive team culture.
  • Why this job: Be the go-to expert in insurance while making a real impact in the industry.
  • Qualifications: CeMAP qualification or equivalent, knowledge of financial services, and strong analytical skills required.
  • Other info: Opportunity to work from home and travel as needed within company guidelines.

The predicted salary is between 36000 - 60000 £ per year.

  • To be seen as the ‘subject matter expert’ and ‘go to person’ for all protection and GI activity.
  • Through pro-active account management, manage all day-to-day partnerships with insurance providers and GI insurer partners for the network and mortgage club.
  • Through product and industry knowledge, to manage product governance for all new insurance product changes (protection & GI) ensuring required profile and awareness withing the network.

Objectives

  • To maximise awareness and profile within the network and club of protection and GI insurance products, through pro-active day to day account management with our partners.
  • To demonstrate and provide confirmation that the new 2025 protection panel has been embedded ensuring on-going awareness and profile within network and club. An annual review to be conducted to ensure proposition remains appropriate.
  • Pro-actively manage product governance process for on-boarding of new insurance products (protection and GI).

Key Responsibilities to include

  • Pro-active day to day account management of protection providers and GI insurers.
  • Working with key network and club stakeholders to act as the business lead for GI review ensuring new proposition is embedded and then reviewed annually to ensure remains appropriate.
  • Working with Head of Products & Partnerships, wider management team and insurance providers ensure the new 2025 protection panel is embedded and then reviewed annual to ensure remains appropriate.
  • Through product and wider industry knowledge to manage product governance for all new insurance product changes (protection & GI) ensuring required profile and awareness within the network.
  • Working with key stakeholders to act as the business lead for a review of business protection proposition generating a recommendation, embedding any changes and reviewing annually to ensure proposition remains appropiate.
  • Working with the Product Trend & Business Analyst, provide business facing MI/data reports as required by the business.
  • Look to maximise marketing/comms opportunities and securing appropriate funding for the MI Rate Card (network & club), engaging the marketing team(s) as appropriate.
  • Thorough engagement with the sales team, broker support, BAM team, etc. where training and educational needs identified facilitate required training activity for network AR’s, to be delivered by protection providers and GI insurers.
  • Attendance at business quality meetings led by Head of Compliance and act as business lead for any resulting actions/feedback with other business areas.
  • Involvement at appropriate industry events, forums, etc. as directed by Head of Products & Partnerships.
  • Contribute towards the networks ongoing consumer duty obligations, considering these in all actions and decisions that are taken.
  • Carry out ad hoc tasks as required by the business.

Personal Requirements for role

  • CeMAP qualification or equivalent
  • Knowledge of financial services/regulated mortgage and protection market
  • Knowledge of the protection, GI and mortgage market
  • Ability to work under pressure
  • Self-motivated with the ability to work independently
  • Excellent time management and organisational skills
  • Willing to take on new tasks
  • Good analytical thinking/problem solving
  • Good IT skills with ability to create and analyse reporting data
  • Professional approach
  • Credibility
  • Driving Licence
  • Ability to work from home, to travel and stay away within company guidelines

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Insurance Account Manager employer: Mortgage Intelligence

As an Insurance Account Manager, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. Our company fosters a culture of collaboration and innovation, offering comprehensive training and opportunities to enhance your expertise in the protection and general insurance sectors. With a focus on work-life balance and flexible working arrangements, including the option to work from home, we ensure that our employees feel valued and empowered to succeed.
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Contact Detail:

Mortgage Intelligence Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Account Manager

✨Tip Number 1

Familiarise yourself with the latest trends and changes in the protection and general insurance (GI) market. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to staying updated in a rapidly evolving industry.

✨Tip Number 2

Network with professionals already working in the insurance sector, especially those involved in account management. Attend industry events or forums to build connections and gain insights that could give you an edge when applying for the role.

✨Tip Number 3

Showcase your analytical skills by preparing examples of how you've used data to drive decisions or improve processes in previous roles. Being able to discuss specific instances where you've successfully managed product governance will resonate well with hiring managers.

✨Tip Number 4

Demonstrate your proactive approach by thinking of ways you could enhance partnerships with insurance providers. Prepare some ideas on how to maximise awareness and engagement within the network, as this aligns closely with the key responsibilities of the role.

We think you need these skills to ace Insurance Account Manager

CeMAP qualification or equivalent
Knowledge of financial services and regulated mortgage market
Understanding of protection and general insurance (GI) products
Pro-active account management
Product governance management
Stakeholder engagement
Analytical thinking and problem-solving skills
Excellent time management and organisational skills
Ability to create and analyse reporting data
Strong communication skills
Self-motivated and able to work independently
Professional approach and credibility
Ability to work under pressure
Driving licence
Willingness to travel and stay away as required

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in account management, particularly within the insurance and financial services sectors. Emphasise any specific achievements related to product governance or partnership management.

Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of the protection and GI market. Mention how your skills align with the responsibilities outlined in the job description, such as managing partnerships and conducting annual reviews.

Showcase Relevant Qualifications: If you have a CeMAP qualification or equivalent, make it prominent in your application. Also, highlight any other relevant certifications or training that showcase your knowledge of the financial services and insurance markets.

Prepare for Potential Questions: Think about how you would respond to questions regarding your experience with product governance and account management. Be ready to discuss specific examples that demonstrate your analytical thinking and problem-solving abilities.

How to prepare for a job interview at Mortgage Intelligence

✨Showcase Your Industry Knowledge

Make sure to brush up on the latest trends and changes in the protection and general insurance (GI) market. Being able to discuss recent developments or regulatory changes will demonstrate your expertise and commitment to the role.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills and ability to manage partnerships. Prepare examples from your past experiences where you successfully navigated challenges in account management or product governance.

✨Highlight Your Communication Skills

As an Insurance Account Manager, you'll need to liaise with various stakeholders. Be ready to discuss how you've effectively communicated complex information to different audiences, ensuring everyone is on the same page.

✨Demonstrate Proactivity

The role requires proactive account management. Share instances where you took the initiative to improve processes or enhance relationships with partners, showcasing your self-motivation and organisational skills.

Insurance Account Manager
Mortgage Intelligence
Location: Bournemouth
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