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For Companies At a Glance
- Tasks: Lead strategic insurer relationships and drive commercial growth through innovative partnerships.
- Company: Join Markerstudy Insurance Services, a leading player in the UK motor insurance market.
- Benefits: Enjoy private medical insurance, a yearly bonus, and 30 days annual leave plus bank holidays.
- Other info: Flexible hybrid working with vibrant offices in Manchester, Peterborough, and London.
- Why this job: Make a real impact by transforming insurer relationships into high-value partnerships.
- Qualifications: Proven experience in managing large-scale insurer relationships and exceptional communication skills.
The predicted salary is between 70000 - 90000 £ per year.
The Associate Director of Insurer Relationships is a high-impact leadership role responsible for the strategic management of our insurer panel. You will act as the primary architect of our carrier relationships, transforming them into high-value partnerships that drive commercial growth, improve product offerings, and deliver superior outcomes for our clients. We are a flexible, hybrid working employer. We do have offices based in Manchester, Peterborough and London where frequent travel to would be expected although the primary role will be out and about seeing clients and partners as and when required.
Key Responsibilities
- Strategic Relationship Management & Commercial Value
- Insurer Strategy: Develop and execute a multi-year insurer engagement strategy to maximise commercial revenue.
- Commercial Negotiation: Lead high-stakes negotiations to facilitate terms.
- Customer-Centric Innovation: Collaborate with insurers to develop bespoke products and "white-label" solutions that address emerging customer needs and market gaps.
- Leadership & People Development
- Team Management: Lead, mentor, and inspire a team of relationship managers.
- Talent Growth: Build a high-performance culture by identifying skills gaps and implementing robust personal development plans.
- Resource Planning: Align team capacity with business priorities to ensure consistent delivery of commercial targets.
- Data-Led Decision Making & Problem Solving
- Analytical Oversight: Use data to monitor insurer performance, loss ratios, and placement trends.
- Strategic Problem Solving: Identify roadblocks in the placement chain and implement creative solutions to improve ease-of-trade and conversion rates.
- Market Intel: Stay ahead of market cycles (hard/soft markets) to proactively pivot the broker's placement strategy.
- Stakeholder Engagement & Communication
- Executive Influence: Act as a key advisor to the Retail Board, providing succinct updates on market trends and financial performance.
- Expert Presentation: Create and deliver high-impact PowerPoint presentations that distil complex commercial data into clear, actionable narratives for senior internal and external audiences.
- Cross-Functional Collaboration: Work seamlessly with Operations, Commercial Directors, Digital and Proposition, Legal, Change, Claims, and Compliance to ensure a unified approach to insurer management.
Key Skills & Experience
- Proven track record of managing large-scale insurer relationships within a brokerage or MGA.
- Deep understanding of the regulatory landscape with the ability to translate complex rules into practical business workflows.
- Exceptional verbal and written communication skills, with the ability to "read a room" and influence C-suite stakeholders.
- Expert in PowerPoint, capable of creating succinct, visually professional decks that tell a compelling story.
- Passionate about developing others and embedding a culture of excellence and integrity across their team.
- Be passionate about delivering great outcomes for our millions of customers.
What we offer in return?
- A collaborative and fast-paced work environment.
- Private Medical Insurance.
- Yearly bonus scheme.
- 30 days annual leave plus Bank Holidays and the ability to buy additional leave (annual leave also increases with service).
- Life Assurance 4x annual salary.
- Vibrant, modern offices.
About Us
Markerstudy Insurance Services Limited (MISL) is one of the largest Managing General Agents in the UK. With a strong presence in the UK motor insurance market, we specialise in niche motor cover, where our solid market knowledge and experience enables us to create highly targeted products. Our success is underpinned by our underwriting strategy to identify and apply special risk factors to the customers' advantage. That, and our skilled underwriting technicians who are friendly, accessible and empowered to make decisions. We only transact business through professional UK insurance intermediaries and we take pride in fostering excellent working relationships. Our products feature prominently on Aggregators' sites, such as Confused.com, Go Compare and Compare the Market, via our broker partners.
Associate Director - Insurer Relationships in Salford employer: Vermelo
Contact Detail:
Vermelo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director - Insurer Relationships in Salford
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals at events or through LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show your passion! When you meet potential employers, let your enthusiasm for the role shine through. Talk about how you can contribute to their goals and make a real impact.
✨Tip Number 3
Prepare for those tricky questions! Think about how your experience aligns with the job description and be ready to discuss specific examples that highlight your skills in relationship management and negotiation.
✨Tip Number 4
Don’t forget to follow up! After interviews or networking events, drop a quick thank-you email. It shows your professionalism and keeps you on their radar. And remember, apply through our website for the best chance!
We think you need these skills to ace Associate Director - Insurer Relationships in Salford
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Associate Director role. Highlight your experience in managing insurer relationships and any relevant achievements that align with our job description. We want to see how you can bring value to our team!
Showcase Your Communication Skills: Since this role involves influencing C-suite stakeholders, it's crucial to demonstrate your exceptional verbal and written communication skills. Use clear, concise language in your application and consider including examples of successful presentations or negotiations you've led.
Highlight Leadership Experience: We’re looking for someone who can lead and inspire a team. Make sure to include any leadership roles you've held and how you've developed talent within your teams. Share specific examples of how you've built a high-performance culture.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Vermelo
✨Know Your Insurers
Before the interview, dive deep into the insurer panel you'll be managing. Understand their strengths, weaknesses, and market positions. This knowledge will help you demonstrate your strategic thinking and ability to foster high-value partnerships.
✨Showcase Your Leadership Style
Be ready to discuss your approach to team management and development. Share specific examples of how you've mentored others and built a high-performance culture. This will highlight your capability to inspire and lead a team effectively.
✨Master the Art of Negotiation
Prepare to discuss your experience with high-stakes negotiations. Bring examples of successful deals you've led and the strategies you employed. This will showcase your commercial acumen and ability to drive revenue growth.
✨Communicate with Impact
Practice delivering clear and concise presentations. You might be asked to present complex data, so ensure you can distil information into actionable insights. This skill is crucial for influencing stakeholders and making data-led decisions.