At a Glance
- Tasks: Lead a dynamic team to drive growth and shape trading strategies in the insurance sector.
- Company: Fast-growing, innovative organisation in the insurance industry based in Lancaster.
- Benefits: Competitive salary up to £75,000, 25 days holiday, and discounts on insurance products.
- Why this job: Make a real impact by leading a high-performance team and driving commercial success.
- Qualifications: Strong background in SME trading and proven leadership experience in a sales-driven environment.
- Other info: Join a collaborative culture with opportunities for professional growth and development.
The predicted salary is between 60000 - 90000 £ per year.
About the opportunity:
We are the internal recruitment partner for our client, a fast growing and forward-thinking organisation insurance industry.
We\’re looking for a driven and commercially minded insurance professional to take on leadership of our SME Trading Team at our client based in Lancaster.
This is a key role, leading a 40-strong team with three-line managers reporting directly in. You\’ll be responsible for driving growth, shaping strategy, and ensuring we deliver outstanding results across new and existing client
Responsibilities:
- Develop and implement trading strategies to grow revenue, improve conversion, and enhance retention.
- Set and monitor performance targets across new business, renewals, servicing, and cross-sell activity.
- Analyse MI and trading data to spot trends, opportunities, and areas for improvement.
- Build strong insurer and MGA relationships, negotiating terms, pricing, and service levels to support trading objectives.
- Lead and mentor sales and support staff, driving a high-performance culture.
- Ensure compliance with FCA regulations and internal risk frameworks.
- Manage budgets, forecasts, and KPIs to deliver on growth and EBIT targets.
- Collaborate closely with insurers, claims, compliance, placement and other internal teams to deliver integrated solutions.
Requirements:
- A strong background in SME trading/broking, ideally from a large national or specialist SME broker.
- Proven track record of driving growth with new and existing clients
- Commercial broker management experience – someone who understands how to lead and motivate a sales-driven team.
- Advised background with solid technical knowledge, ideally with specialist risk experience.
- Experience with Acturis would be a real advantage.
- Confident, strategic, and commercially minded – able to take this role to the next level.
In return we are offering:
- A salary of up to 75,000 dependent on knowledge and experience.
- Free onsite parking.
- 25 days holiday entitlement with option to buy additional holidays.
- Generous pension contributions.
- Discount on a range of insurance products for you your family including car and home insurance.
If you\’re an experienced broker manager ready to step up and lead growth in a fast-moving SME environment – we\’d love to hear from you.
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Head of Commercial Broking employer: Vero HR
Contact Detail:
Vero HR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Commercial Broking
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your answers to show how your experience aligns with their goals, especially around driving growth and leading teams. We want to see that you’re not just a fit on paper!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Head of Commercial Broking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Commercial Broking role. Highlight your experience in SME trading and any leadership roles you've had. We want to see how your background aligns with our client's needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've driven growth and led teams in the past. We love a good story!
Showcase Your Data Skills: Since analysing MI and trading data is key, make sure to mention any relevant experience you have with data analysis. We want to know how you've used data to spot trends and drive results in your previous roles.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. We can’t wait to hear from you!
How to prepare for a job interview at Vero HR
✨Know Your Numbers
As a Head of Commercial Broking, you'll need to demonstrate your understanding of trading strategies and performance metrics. Brush up on key figures related to revenue growth, conversion rates, and retention statistics. Be ready to discuss how you've used data to drive decisions in your previous roles.
✨Showcase Your Leadership Style
This role involves leading a sizeable team, so it's crucial to convey your leadership approach. Prepare examples of how you've motivated teams in the past, particularly in a sales-driven environment. Highlight any mentoring experiences that showcase your ability to foster a high-performance culture.
✨Build Relationships
Strong relationships with insurers and MGAs are vital for success in this position. Think about times when you've successfully negotiated terms or improved service levels. Be prepared to discuss your strategies for building and maintaining these essential partnerships.
✨Understand Compliance and Risk
Familiarise yourself with FCA regulations and internal risk frameworks relevant to the insurance industry. Be ready to discuss how you've ensured compliance in your previous roles and how you plan to uphold these standards in the new position.