At a Glance
- Tasks: Drive strategic growth and support innovative projects in the insurance sector.
- Company: Join a dynamic team at Pen, backed by Gallagher, transforming the insurance landscape.
- Benefits: Competitive pay, comprehensive benefits, career development, and a people-first culture.
- Other info: Flexible working arrangements and a commitment to inclusivity.
- Why this job: Make a real impact by shaping new strategies and driving business growth.
- Qualifications: Experience in business development, strategy, or project management is essential.
The predicted salary is between 56700 - 69300 £ per year.
Introduction
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.
Whether you’re shaping new products, solving complex problems, or collaborating across teams, your ideas and initiative will help deliver smarter solutions for our clients—and move the industry forward.
Here, agility meets stability.
Creativity meets execution.
And your career meets real opportunity.
At Pen, we champion innovation, value accountability, and thrive on building something better together.
If you’re looking to join a team that’s rewriting the future of underwriting, we’d love to hear from you.
Overview
Reporting to the Chief Development Officer, the Strategic Account Manager - Specialty Lines supports the identification, evaluation and delivery of strategic growth opportunities across Pen.
The role provides commercial, analytical and project delivery support across strategy, business development, M&A, market analysis and strategic change initiatives.
Working with stakeholders across Pen, Gallagher and external partners, the role combines strategic thinking with practical execution to support business growth, operational improvement and long-term value creation.
- How you'll make an impact
- Support the development and delivery of Pen's strategic priorities and growth initiatives.
- Identify, assess and evaluate new business opportunities, partnerships and strategic investments.
- Undertake market, competitor and commercial analysis to support decision-making.
- Support acquisitions, due diligence and other corporate development activities.
- Develop business cases, strategic recommendations and executive-level presentations.
- Support the mobilisation and delivery of strategic projects, maintain project governance, reporting and stakeholder engagement where necessary.
- Produce Board, Executive Committee and Steering Committee materials.
- Build strong relationships across Pen, Gallagher and external stakeholders to support strategic objectives.
About You
Essential
- Experience in business development, strategy, consulting, corporate development, project management or a related commercial role.
- Strong analytical, problem-solving and organisational skills.
- Experience preparing business cases, presentations and executive-level reporting.
- Excellent communication and stakeholder management capabilities.
- Ability to manage multiple priorities and workstreams simultaneously.
Desirable
- Experience within insurance, MGA, delegated authority or broker environments.
- Exposure to M&A, due diligence or strategic partnership initiatives.
- Knowledge of the London Market and insurance distribution landscape.
- Experience supporting business transformation or new venture activities.
- Core Competencies
- Strategic and commercial thinking
- Business development and opportunity assessment
- Analytical problem solving
- Project delivery and execution
- Executive communication
- Stakeholder management and collaboration
- Measures of Success
- Delivery of high-quality strategic analysis and recommendations.
- Successful support of M&A, partnership and growth initiatives.
- Effective delivery of strategic projects and transformation programmes.
- High-quality executive reporting and stakeholder engagement.
- Positive commercial and operational outcomes from supported initiatives.
Compensation and benefits
At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page .
- Competitive compensation
- Comprehensive benefits programs designed to support your well-being
- Career development opportunities and ongoing learning
- A collaborative, people-first culture with accessible leadership
- The opportunity to do meaningful work with global reach and local impact
At Gallagher, we are dedicated to building an inclusive and authentic workplace.
If your past experience doesn’t align perfectly, we encourage you to join our
Talent Community to stay connected to additional career opportunities.
Although this role is listed as full-time, if you’re in a job-share partnership, work reduced hours, or have any other flexible arrangement, please still get in touch.
We will also offer reasonable adjustments to the recruitment process if required, so please let us know .
Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)
Strategic Account Manager - Specialty Lines in London employer: Pen Underwriting
At Pen, we pride ourselves on being an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee growth, we provide comprehensive benefits and career development opportunities that empower our team to excel in their roles. Located in a vibrant area, our office fosters a people-first culture, ensuring that every team member feels valued and supported while making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Account Manager - Specialty Lines in London
✨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 Pen Underwriting). 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 Pen Underwriting. 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 Strategic Account Manager - Specialty Lines in London
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 Pen Underwriting.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Pen Underwriting. 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 Pen Underwriting
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Pen Underwriting 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 Pen Underwriting, 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 Pen Underwriting'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.