Regional Distribution Manager - South West
Regional Distribution Manager - South West

Regional Distribution Manager - South West

Bristol Full-Time 43200 - 72000 ÂŁ / year (est.) Home office possible
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At a Glance

  • Tasks: Lead distribution strategy and manage key broker relationships in the South West.
  • Company: Join Travelers, a top property casualty insurer with over 160 years of innovation and collaboration.
  • Benefits: Enjoy remote work, 25+ days holiday, private medical insurance, and wellness programmes.
  • Why this job: Be part of a supportive culture that values creativity and community involvement.
  • Qualifications: Experience in commercial insurance and strong relationship-building skills required.
  • Other info: Opportunity for professional growth and participation in community service initiatives.

The predicted salary is between 43200 - 72000 ÂŁ per year.

Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

What Is the Opportunity? We are looking for a Regional Distribution Manager to be based remotely covering the South West of England. You will have experience in a similar Distribution management role, or maybe have a background as a Development Underwriter or Account Manager and you are looking for the next step up. As a Regional Distribution Manager, you will execute the distribution strategy across all lines of business including Financial Lines, Property & Casualty, SME, and Lloyds. You will be responsible for managing all of our strategic partner relationships within your region, delivering a single Travelers proposition. You will help develop and manage the profitable growth across all Planning Lines within the Region by leading and engaging with Underwriting colleagues to maximise visibility and broker interaction across the wider Travelers business.

Primary Job Duties & Responsibilities:

  • Manage Travelers’ relationship with key brokers in the region and to ensure achievement of agreed business targets and goals.
  • Accountable for sales pipeline strategy and delivery in the region, including usage of pipeline data, collaboration with local Development Underwriter (DU) colleagues.
  • Responsible for creating the Regional “trading platform” including regular sales meetings, sales training and product training in the Region.
  • Collaborate and engage with development underwriters to identify profitable underwriting opportunities, to provide sales oversight and that there is a consistent and appropriate sales approach to broker visits from the relevant branch area.
  • Maintain visibility across all business lines and stakeholders to ensure understanding of single Travelers' proposition.
  • Deliver robust broker profiling to ensure accurate measurement of share of wallet and opportunity.
  • Develop and maintain a high level of market visibility and quality broker interactions including a strong breadth of working relationships.
  • Obtain market information and feedback from Brokers and assist with market research for product development as required.
  • Monitor and report on regional sales performance.
  • Regularly monitor and review the existing Agency panel within the geographical area and to reassess potential, creditworthiness and cost effectiveness of existing agency accounts.
  • Assess new Agency account Applications in conjunction with the Agency Department and within the Company's strict selection criteria.
  • Establish and maintain collaborative relationships with colleagues in Head Office and with all Business Divisions, Underwriting, Risk Control, Claims, Actuarial and Compliance departments as needed any other parts of the organisation.
  • Be an integral part of the Distribution team and attend company meetings, corporate functions and seminars as required.
  • Keep up to date with and participate in educational opportunities, read professional publications, maintain personal networks and participating in professional body events where appropriate.

To be successful you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model and behave in a way that actively supports an inclusive work environment; and consistently deliver on your commitments.

Minimum Qualifications:

  • Proven experience in the commercial insurance industry in a business development role.
  • In-depth knowledge of assigned Accounts: organisation, strategy, internal networks and influencers.
  • In-depth knowledge of local market, financial services, competitors.

Education, Work Experience, & Knowledge:

  • Degree level education and/or ACII Qualified or progress towards.
  • Working knowledge of Lloyd's market preferred.
  • Proven experience of developing commercial relationships in order to build sustainable long-term, profitable business partnerships.
  • Strong experience of building and implementing robust Broker Account Plans.
  • Proven experience of building and executing commercial negotiating strategies and processes.
  • Demonstrable evidence of a wide range of marketing and selling skills and techniques to retain and generate new business.
  • Knowledge of commercial and market drivers, trends etc. and capitalise on them to develop business.
  • Experience of building and executing Pipeline strategies and processes.
  • Effective IT skills.
  • Driving licence.

Job Specific Technical Skills & Competencies:

  • Ability to demonstrate knowledge of Travelers propositions, products and appetite.
  • Ability to identify and manage key Influencers, including Executives, within major businesses.
  • Be able to demonstrate effective brokers account profiling and demonstrate share of wallet.
  • Ability to identify, understand and use data and information to inform good planning and decision-making.
  • Able to effectively collaborate across business lines and areas.
  • Strong prioritisation skills.

Environmental / Work Schedules / Other:

  • Use of Display Screen Equipment (Frequently).
  • Travel Requirements: Travel Occasionally.

What Is in It for You?

  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Employment Practices: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

Regional Distribution Manager - South West employer: The Travelers Indemnity Company

Travelers is an exceptional employer that prioritises the well-being of its employees while fostering a culture of innovation and collaboration. With a strong commitment to professional development, generous benefits including private medical insurance and a wellness programme, and a minimum of 25 days holiday, employees are empowered to thrive both personally and professionally in the South West region. Join us to be part of a team that values diversity and encourages community involvement, making every day at work meaningful and rewarding.
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Contact Detail:

The Travelers Indemnity Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Regional Distribution Manager - South West

✨Tip Number 1

Familiarise yourself with the local market and key brokers in the South West region. Understanding their needs and how Travelers can meet them will give you a significant edge during interviews.

✨Tip Number 2

Network with professionals in the commercial insurance industry, especially those who have experience in distribution management. Attend relevant events or webinars to build connections that could help you get noticed.

✨Tip Number 3

Demonstrate your knowledge of Travelers' products and propositions. Being able to discuss how these can be leveraged for profitable growth will show your commitment and understanding of the role.

✨Tip Number 4

Prepare to discuss your previous experiences in building and executing broker account plans. Highlight specific examples where you've successfully developed relationships that led to business growth.

We think you need these skills to ace Regional Distribution Manager - South West

Commercial Insurance Knowledge
Business Development Skills
Broker Relationship Management
Sales Pipeline Strategy
Market Analysis
Negotiation Skills
Account Profiling
Collaboration Skills
Data Analysis for Decision-Making
Strong Communication Skills
Project Management
Understanding of Financial Services
Knowledge of Lloyd's Market
Ability to Build Sustainable Partnerships
Effective IT Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in distribution management or business development within the insurance industry. Use specific examples that demonstrate your ability to manage broker relationships and achieve sales targets.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities of the Regional Distribution Manager position, particularly your experience with strategic partnerships and market visibility.

Showcase Relevant Skills: Emphasise skills that are crucial for this role, such as relationship management, sales strategy execution, and market analysis. Provide concrete examples of how you've successfully applied these skills in previous roles.

Research the Company: Familiarise yourself with Travelers' values, culture, and recent developments in the insurance sector. This knowledge will help you tailor your application and prepare for potential interview questions about the company.

How to prepare for a job interview at The Travelers Indemnity Company

✨Know Your Market

Familiarise yourself with the local market and competitors in the South West region. Understanding the dynamics of the area will help you discuss strategies and opportunities confidently during the interview.

✨Demonstrate Relationship Management Skills

Be prepared to share examples of how you've successfully managed broker relationships in the past. Highlight your ability to build sustainable partnerships and how you've contributed to profitable growth.

✨Showcase Your Strategic Thinking

Discuss your experience in developing and executing sales pipeline strategies. Be ready to explain how you use data to inform decision-making and how you've collaborated with teams to achieve business goals.

✨Emphasise Your Collaborative Approach

Since the role requires working closely with various departments, illustrate your ability to collaborate effectively. Share instances where you've engaged with underwriting colleagues or other divisions to enhance broker interactions.

Regional Distribution Manager - South West
The Travelers Indemnity Company
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