At a Glance
- Tasks: Lead the motor insurance product strategy and ensure top-notch performance.
- Company: Join a forward-thinking insurance company with a focus on innovation.
- Benefits: Enjoy a competitive salary, flexible work options, and generous holiday allowance.
- Other info: Diverse and inclusive workplace with excellent growth opportunities.
- Why this job: Make a real impact in the insurance industry while growing your career.
- Qualifications: Expertise in motor insurance and proven product management experience required.
The predicted salary is between 50000 - 65000 £ per year.
As our Motor Insurance Category Manager, you will take ownership of the product's performance and strategic direction. You will make an impact by:
- Defining the roadmap: collaborating with technical teams to turn business goals into user stories and features.
- Ensuring Governance: leading Annual Product Reviews and ensuring we meet all regulatory standards.
- Managing Performance: balancing target financial results with the delivery of good customer outcomes.
- Strategic Research: conducting market research to support the wider insurance strategy.
- Supplier Management: managing contracts, service levels, and performance of our insurance partners.
- Resolving Escalations: acting as the final point of escalation for high-stakes complaints and FOS disputes.
You will join our Commercial team, acting as the subject matter expert for all motor insurance products. You will work closely with Product and Engineering squads to build the product roadmap, and collaborate with Customer Service Operations, Compliance, and Technology teams to resolve complex queries and deliver a seamless experience for our members.
Qualifications
- Deep Motor Insurance Knowledge: expert-level understanding of policy wordings, underwriting rules, and the trading environment.
- Product Management Experience: proven ability to manage the insurance product lifecycle and define strategy.
- Governance Expertise: strong grasp of financial services regulations, including Fair Value Assessments and Product Reviews.
- Technical Acumen: experience working with Product/Engineering squads to translate insurance concepts into technical requirements.
- Insurer Relations Management: experience negotiating with and managing third-party insurers or reinsurers.
- FOS Knowledge: in-depth experience with the Financial Ombudsman Service complaint and dispute process.
- Data Analysis: proficiency in interpreting sales, claims, and financial data to inform strategy.
Benefits
- Competitive salary: benchmarked against the industry and disclosed during conversation.
- Performance bonus: annual discretionary bonus ranging from 15% to 40%.
- Work-life balance: optional four-day working week (90% pay for 90% impact).
- Work from anywhere: up to three weeks abroad, twice each tax year.
- Holiday: 25 days plus bank holidays, with option to trade up to five days each year.
- UW discounts: savings on services and access to 100s of rewards and discounts through Perkbox.
- Future planning: matched-contribution pension scheme and life assurance (up to 4 × salary).
- Family first: policies designed to help you and your family thrive.
- Flexible benefits: allowance for private health insurance, dental insurance, or gym membership.
- Sabbaticals: eight-week paid sabbatical after four years of service.
- Growth: dedicated learning and development budget and bi-annual promotion cycles.
- Inclusion: belonging groups that help shape our culture.
- Events: company-wide celebrations.
We provide equal opportunities, a diverse and inclusive work environment, and fairness for everyone. You are welcome to apply no matter your age, disability, gender, marriage or civil partnership status, pregnancy and maternity status, race, religion or belief, or sexual orientation. Please don’t be afraid to ask about what we can do to support your needs. All requests will be carefully and fairly considered.
Please note, if you are successful and offered a role at UW, you will be subject to a background check. Where checks are unsatisfactory or incomplete and/or a failure to reveal information relating to convictions that you are required to identify as part of the background checks, could lead to withdrawal of an offer of employment.
Category Manager - Motor Insurance employer: Utility Warehouse
As a leading employer in the insurance sector, we offer our Motor Insurance Category Manager a dynamic work environment that prioritises innovation and collaboration. With a strong focus on employee growth, we provide extensive learning opportunities, flexible working arrangements, and a commitment to work-life balance, ensuring that our team members can thrive both personally and professionally. Our inclusive culture fosters diversity and encourages every voice to be heard, making us an exceptional place to build a rewarding career.
StudySmarter Expert Advice🤫
We think this is how you could land Category Manager - Motor Insurance
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance industry, especially those who work in motor insurance. Attend events, join online forums, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, make sure to highlight your deep knowledge of motor insurance and product management. Share specific examples of how you've successfully managed products or resolved complex issues in the past.
✨Tip Number 3
Be proactive! If you see a role that fits your skills, apply through our website. Don’t wait for the perfect moment; take the initiative to express your interest and showcase how you can contribute to the team’s success.
✨Tip Number 4
Prepare for interviews by brushing up on your governance expertise and data analysis skills. Be ready to discuss how you’ve navigated financial services regulations and used data to inform strategy. This will show that you’re not just a fit for the role, but a standout candidate!
We think you need these skills to ace Category Manager - Motor Insurance
Some tips for your application 🫡
Show Your Expertise:Make sure to highlight your deep motor insurance knowledge in your application. We want to see how your understanding of policy wordings and underwriting rules can contribute to our team.
Tailor Your Application:Don’t just send a generic CV! Tailor your application to reflect the specific skills and experiences that match the job description. We love seeing how you can turn business goals into user stories.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, especially when it comes to complex topics like governance and performance management.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Utility Warehouse
✨Know Your Stuff
Make sure you have a deep understanding of motor insurance, including policy wordings and underwriting rules. Brush up on the latest trends in the trading environment so you can speak confidently about how they impact the product's performance.
✨Showcase Your Strategic Mindset
Prepare to discuss how you've defined product roadmaps in the past. Be ready to share specific examples of how you've collaborated with technical teams to turn business goals into actionable user stories and features.
✨Demonstrate Governance Expertise
Familiarise yourself with financial services regulations, especially Fair Value Assessments and Product Reviews. Be prepared to explain how you've ensured compliance in previous roles and how you would approach governance in this position.
✨Highlight Your Data Skills
Be ready to talk about your experience with data analysis. Bring examples of how you've interpreted sales, claims, and financial data to inform strategy and improve customer outcomes. This will show that you can balance target financial results with delivering great service.
