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- Tasks: Manage key broker relationships and drive growth in Specialty insurance.
- Company: Join Pen Underwriting, a dynamic and ambitious insurance organisation.
- Benefits: Enjoy 25+ days holiday, health plans, and employee stock options.
- Why this job: Shape the future of Specialty lines and make a real impact.
- Qualifications: Experience in customer-facing roles and strong broker relationship skills.
- Other info: Be part of a diverse team committed to innovation and inclusion.
The predicted salary is between 60000 - 75000 £ per year.
At Pen, we don’t just underwrite risk, we unlock possibility. We’re a dynamic underwriting and distribution business backed by the strength of Gallagher and powered by a belief that every challenge has a solution. With entrepreneurial energy, niche expertise, and a bold growth mindset, we’re transforming what it means to be an MGA in today’s insurance landscape.
Join Pen Underwriting, a dynamic and ambitious organisation with a clear goal to achieve £1.75bn in Gross Written Premium (GWP). The position is part of the Senior Leadership team and reports directly to Pen’s Head of Distribution for the UK & Europe. Pen currently generates a significant amount of GWP from Specialty lines, with a clear ambition to expand into more niche product areas in the coming years. This role will play a critical part in driving that growth by managing and developing key broker relationships within the Specialty market.
The role is based in London and is best suited to a candidate who is either London-based or can easily commute to London three to four days per week. This is a unique opportunity to join a dynamic and ambitious organisation at a pivotal stage of its growth journey. The successful candidate will play a key role in shaping Pen’s future within the Specialty market, working alongside a highly skilled and motivated team.
How you’ll make an impact:
- Manage a panel of around 20 key broker relationships, focusing on Specialty classes such as Marine (various classes), Professional Indemnity, Solicitors PI, Corporate Cyber, Clean Energy, Technology, and London Market Casualty.
- Drive organic growth for Pen, with a specific focus on the Specialty classes of business within the assigned broker panel.
- Collaborate across Pen’s three trading divisions, requiring exceptional stakeholder management skills at both Executive and Executive-minus-one levels.
- This is a customer-facing role, requiring significant time spent in the market with brokers. The successful candidate will be expected to engage at all levels within broker organisations.
- Oversee and manage key activities, including Quarterly Business Reviews (QBRs), Specialty Broker Strategy & Strategic pipeline management.
About You:
- Extensive experience in a customer-facing role, ideally within a Specialty insurance environment.
- Proven expertise in managing broker relationships and delivering growth in Specialty lines.
- Strong stakeholder management skills, with the ability to influence and collaborate effectively at senior levels.
- A proactive, market-facing approach, with the ability to build and maintain strong relationships across broker organisations.
- Right to work in the UK.
If you’re ready to take on a pivotal role in shaping the future of Specialty lines at Pen Underwriting, we’d love to hear from you!
Compensation and benefits:
- Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
- Defined contribution pension scheme, which Gallagher will also contribute to.
- Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
- Income protection, we’ll cover up to 50% of your annual income, with options to top up.
- Health cash plan or Private medical insurance.
- Other benefits include:
- Three fully paid volunteering days per year.
- Employee Stock Purchase plan, offering company shares at a discount.
- Share incentive plan, HMRC approved, tax effective, stock purchase plan.
- Critical illness cover.
- Discounted gym membership, with over 3,000 gyms nationally.
- Season ticket loan.
- Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
- Emergency back-up family care.
- And many more…
We value inclusion and diversity:
Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities.
Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.
Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.
Specialty Lines Strategic Account Manager in London employer: Pen Underwriting
Contact Detail:
Pen Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Specialty Lines Strategic Account Manager in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the Specialty lines. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. The more people you know, the better your chances of landing that dream job!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or brokers, make sure to highlight your experience in managing broker relationships and driving growth in Specialty lines. Share specific examples of how you've made an impact in previous roles.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies like Pen Underwriting through our website. Express your interest and share how you can contribute to their growth in the Specialty market. It shows initiative and can set you apart from other candidates.
✨Tip Number 4
Prepare for interviews by researching the company and its culture. Understand Pen's goals and how they align with your skills. Be ready to discuss how you can help them achieve their ambition of expanding into niche product areas. Confidence and knowledge go a long way!
We think you need these skills to ace Specialty Lines Strategic Account Manager in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Specialty Lines Strategic Account Manager role. Highlight your experience in managing broker relationships and driving growth in specialty lines, as this will show us you understand what we're looking for.
Showcase Your Skills: Use specific examples to demonstrate your stakeholder management skills and how you've successfully collaborated with teams in the past. We want to see how you can influence and engage at all levels within broker organisations.
Be Authentic: Let your personality shine through in your application. We value creativity and a proactive approach, so don’t be afraid to share your unique perspective on how you can contribute to our ambitious goals at Pen.
Apply Through Our Website: We encourage you to submit your application directly through our website. This ensures that your application gets to the right people quickly and helps us keep track of all candidates efficiently.
How to prepare for a job interview at Pen Underwriting
✨Know Your Specialty Lines
Before the interview, dive deep into the specific specialty lines mentioned in the job description, like Marine and Corporate Cyber. Familiarise yourself with current trends and challenges in these areas so you can discuss them confidently.
✨Showcase Your Broker Relationship Skills
Prepare examples of how you've successfully managed broker relationships in the past. Highlight your ability to drive growth and collaborate effectively, as this role heavily relies on strong stakeholder management.
✨Demonstrate Your Market-Facing Approach
Since this is a customer-facing role, be ready to share how you engage with brokers at all levels. Discuss your proactive strategies for building and maintaining relationships, and how you plan to spend time in the market.
✨Align with Pen's Values
Research Pen Underwriting’s culture and values, especially their focus on innovation and collaboration. Be prepared to discuss how your personal values align with theirs and how you can contribute to their ambitious goals.