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- Tasks: Lead and manage the end-to-end process of bids for insurance distribution deals.
- Company: Join Travelers, a top property casualty insurer with over 160 years of innovation and collaboration.
- Benefits: Enjoy flexible hybrid work, private medical insurance, generous holiday entitlement, and wellness programmes.
- Why this job: Be part of a dynamic team driving business growth while making a positive impact in communities.
- Qualifications: Bachelor's degree in Business or related field; experience in bid management within the insurance industry.
- Other info: Professional certifications in bid or project management are a plus; strong analytical skills required.
The predicted salary is between 43200 - 72000 £ 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.
Target Openings
1
What Is the Opportunity?
Travelers is a leading provider of insurance solutions, committed to delivering exceptional service and innovative products to our clients. We are seeking a highly motivated and experienced Deals & Bids Manager to join our Distribution team and drive our business growth through strategic deal and bid management. The Deals & Bids Manager will be responsible for managing the end-to-end process of deals and bids within the distribution channel. This role involves coordinating with various internal and external stakeholders to ensure the successful submission of competitive and compliant bids. The ideal candidate will have a strong background in insurance, excellent project management skills, and the ability to work under pressure to meet tight deadlines.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
What Will You Do?
- Lead the development and submission of high-quality bids and proposals for insurance distribution deals.
- Collaborate with sales, underwriting, legal, finance, and other relevant teams to gather necessary information and ensure alignment on bid strategies.
- Analyze and interpret bid requirements, ensuring compliance with all regulatory and company standards.
- Develop and maintain a comprehensive bid library, including templates, standard responses, and case studies.
- Conduct market research and competitor analysis to inform bid strategies and enhance the competitiveness of proposals.
- Manage the bid review and approval process, ensuring timely and accurate submissions.
- Track and report on bid outcomes, providing insights and recommendations for continuous improvement.
- Build and maintain strong relationships with key stakeholders, including brokers, agents, and clients.
- Stay up-to-date with industry trends, regulatory changes, and best practices in bid management.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Bachelor\’s degree in Business, Marketing, Insurance, or a related field.
- Relevant experience in bid management, sales support, or a related role within the insurance industry.
- Strong understanding of insurance products, distribution channels, and market dynamics.
- Excellent project management skills, with the ability to manage multiple bids simultaneously and meet tight deadlines.
- Exceptional written and verbal communication skills, with a keen attention to detail.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and bid management software.
- Strong analytical and problem-solving abilities.
- Ability to work independently and as part of a team, with a proactive and results-oriented approach.
What is a Must Have?
- Professional certifications in bid management or project management (e.g., APMP, PMP).
- Experience with CRM systems and sales automation tools.
- Knowledge of regulatory requirements and compliance standards in the insurance industry.
What Is in It for You?
- Private Medical Insuran ce: 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.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit .
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Strategic Bids Manager employer: The Travelers Indemnity Company
Contact Detail:
The Travelers Indemnity Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Bids Manager
✨Tip Number 1
Familiarise yourself with the insurance industry and its key players. Understanding the market dynamics and the competitive landscape will help you tailor your approach when discussing bids and strategies during interviews.
✨Tip Number 2
Network with professionals in the insurance sector, especially those involved in bid management. Attend industry events or join relevant online forums to build connections that could provide insights or referrals for the role.
✨Tip Number 3
Brush up on your project management skills, as this role requires managing multiple bids simultaneously. Consider taking a short course or certification if you feel you need to strengthen this area before applying.
✨Tip Number 4
Prepare to discuss specific examples of successful bids you've managed in the past. Highlight your ability to collaborate with various teams and stakeholders, as this is crucial for the role at Travelers.
We think you need these skills to ace Strategic Bids Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Strategic Bids Manager. Familiarise yourself with the key skills required, such as project management and bid compliance, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in bid management or related roles within the insurance industry. Use specific examples that demonstrate your ability to manage multiple bids and meet tight deadlines.
Showcase Your Skills: Make sure to highlight your exceptional written and verbal communication skills. Provide examples of how you've successfully collaborated with various teams to develop high-quality bids and proposals.
Tailor Your Application: Customise your CV and cover letter for this specific role at Travelers. Mention their commitment to innovation and collaboration, and explain how your values align with theirs. This will show that you are genuinely interested in the position.
How to prepare for a job interview at The Travelers Indemnity Company
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what a Strategic Bids Manager does. Familiarise yourself with the responsibilities outlined in the job description, especially around bid management and collaboration with various teams.
✨Showcase Your Project Management Skills
Be prepared to discuss your project management experience in detail. Highlight specific examples where you've successfully managed multiple bids under tight deadlines, as this is crucial for the role.
✨Demonstrate Industry Knowledge
Stay updated on current trends and regulatory changes in the insurance industry. During the interview, reference recent developments or challenges in the market to show your awareness and understanding of the field.
✨Prepare Questions for the Interviewers
Have insightful questions ready to ask your interviewers. This could include inquiries about the company's approach to bid management or how they measure success in this role. It shows your genuine interest and engagement.
