At a Glance
- Tasks: Lead trading strategies for Motor, Van, and Home insurance portfolios to drive growth and performance.
- Company: Join the AA, a trusted UK brand with diverse services beyond roadside assistance.
- Benefits: Enjoy 25 days leave, pension contributions, discounts, and career development opportunities.
- Other info: Be part of an inclusive culture that values diversity and personal growth.
- Why this job: Make a real impact in a dynamic environment while shaping insurance trading success.
- Qualifications: Experience in B2C insurance trading and strong analytical skills are essential.
The predicted salary is between 60000 - 75000 £ per year.
Company Description/ Business Unit
Location: London & Basingstoke – Hybrid – Three Days in Office
Employment Type: Permanent
Hours: Monday-Friday
AA Summary
Think the AA is just about roadside assistance? Think again! As one of the UK's most trusted brands, we provide a wide range of services to millions of customers. From comprehensive Home and Motor Insurance to personalised Financial Services like Loans and Savings, and outstanding B2B, Consumer, Business Services, Driver Training, Car Care, and Service Maintenance and Repair, we've got you covered. Our mission is to keep Britain moving, and we're looking for dedicated individuals to join our team. Ready to join us?
This is the job
Join our Broker Trading team and play a key role in shaping the performance of our Motor, Van and Home insurance portfolios. Working alongside the Head of Trading, you'll help deliver our trading strategy, ensuring we achieve our growth, value and performance objectives.
Using data and market insight, you'll identify opportunities, monitor trading performance and support key trading decisions that drive commercial success. You'll work collaboratively with colleagues across Pricing, Proposition and Growth to deliver trading activity and help ensure our products remain competitive in a fast-moving market.
What will I be doing?
- You’ll own the day to day performance of the trading plan and achieve portfolio growth and value targets across the Motor, Van and Home insurance portfolios.
- Monitoring trading performance, identifying trends and recommending actions to improve sales, retention, customer outcomes and commercial performance.
- Presenting trading insights and performance updates to senior stakeholders, highlighting risks, opportunities and key recommendations.
- Collaborating with Pricing, Proposition, Growth and Operational teams to deliver trading initiatives, customer offers and portfolio improvements.
- Owning the retention discount approach, developing compelling offers that deliver commercial value and support customer retention.
- Analysing competitor activity, price comparison websites and market trends to identify opportunities and recommend trading actions.
- Producing detailed trading analysis to benchmark performance, uncover insights and drive continuous improvement.
- Acting as the key trading link across Operations, Digital, Proposition and Growth teams to ensure alignment with the wider trading strategy.
- Supporting the development and delivery of trading forecasts across the Motor, Van and Home insurance portfolios.
- Ensuring all trading activity complies with regulatory requirements, governance standards and delivers positive customer outcomes.
What do I need?
- You’ll have experience of managing commercial trading performance within B2C insurance or another regulated consumer business.
- Strong commercial mindset with a focus on growth, retention, customer value and business performance.
- Ability to use data and insight to identify opportunities and improve commercial outcomes.
- Excellent analytical and problem-solving skills, with confidence interpreting complex data.
- Strong stakeholder management skills with the ability to influence and build relationships across multiple teams.
- Experience working collaboratively with Pricing, Finance, Proposition and other cross-functional teams.
- Excellent communication skills, with the ability to present insights and recommendations clearly to a range of audiences.
- Graduate calibre or equivalent professional experience; relevant insurance, commercial, analytical or financial qualifications are desirable.
- Knowledge of Motor, Van or Home insurance and an understanding of insurance portfolio economics and customer retention drivers is desirable.
- Self-motivated, proactive and accountable, with the ability to prioritise work and deliver results in a fast-paced environment.
Additional information
Benefits
We’re always looking to recognise and reward our employees for the work they do. As a valued member of The AA team, you’ll have access to a range of benefits including:
- 25 days annual leave plus bank holidays + holiday buying scheme
- Worksave pension scheme with up to 7% employer contribution
- Free AA breakdown membership from Day 1 plus 50% discount for family and friends
- Discounts on AA products including car and home insurance
- Employee discount scheme that gives you access to a car salary sacrifice scheme plus great discounts on healthcare, shopping, holidays and more
- Company funded life assurance
- Diverse learning and development opportunities to support you to progress in your career
- Dedicated Employee Assistance Programme and a 24/7 remote GP service for you and your family
- Plus, so much more!
We’re an equal opportunities employer and welcome applications from everyone. The AA values diversity and the difference this brings to our culture and our customers. We actively seek people from diverse backgrounds to join us and become part of an inclusive company where you can be yourself, be empowered to be your best and feel like you truly belong. We have five communities to bring together people with shared characteristics and backgrounds and drive positive change.
As part of the onboarding process, we complete several pre-employment checks including work reference, credit and criminal record checks.
Motor and Home Insurance Trading Manager employer: The AA
The AA is an exceptional employer, offering a vibrant work culture in the heart of London where innovation meets tradition. Employees benefit from a competitive salary, annual bonuses, and a range of perks, all while having the opportunity to lead a dynamic legal team and influence key business decisions. With a strong focus on professional development and a commitment to fostering a collaborative environment, the AA empowers its staff to thrive and grow within their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Motor and Home Insurance Trading Manager
✨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 The AA). 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 The AA. 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 Motor and Home Insurance Trading Manager
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 The AA.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The AA. 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 The AA
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The AA 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 The AA, 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 The AA'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.
