At a Glance
- Tasks: Engage with clients, manage relationships, and drive platform adoption in the insurance market.
- Company: Vitesse is a fast-growing FinTech company revolutionising payments for the insurance industry.
- Benefits: Enjoy hybrid working, 25+ days holiday, private medical insurance, and ongoing learning opportunities.
- Other info: Be part of a company that values confidence, drive, and responsibility while promoting inclusivity.
- Why this job: Join a dynamic team, make a real impact, and grow your career in a collaborative environment.
- Qualifications: 1-3 years in sales or account management; experience with insurers or TPAs is essential.
The predicted salary is between 36000 - 60000 £ per year.
Overview
As a Relationship Manager you will play a key role in expanding Vitesse's presence in serving the global insurance market. You will help strengthen engagement with Third Party Administrators (TPAs) and Brokers to create advocates of our service proposition. You will be responsible for ensuring that insurance companies and all relevant TPAs and Brokers are using the platform optimally, drive wider adoption, and identify cross-selling opportunities to meet our growth targets.
We are a fast-growing team with big ambitions and offer opportunities to play an integral role in Vitesse’s growth, alongside colleagues and customers.
Responsibilities
- Develop strong relationships with existing key clients through proactive engagement, effective communication and a deep understanding of our product offering
- Attend and own agenda points at regular business and service review meetings
- Manage relationships with a portfolio of approximately 40 insurance customers and platform users, developing and owning the relationship to identify opportunities
- Understand the customer’s corporate/organization structure, stakeholders and potential whitespace; articulate this within Vitesse and act as a client advocate
- Understand the customer’s multi-level strategy and fit with Vitesse; relate the company’s annual report to the delegated authority teams’ activities
- Understand the client’s roadmap, needs and pain-points; maintain knowledge of customer sector, payments and the platform
- Proactively learn and educate in advance of client engagements
- First point of contact for strategic/commercial queries for existing clients; coordinate internal processes/resources to reach resolution
Improve Proposition
- Engage external and internal stakeholders to ensure client feedback informs system and process development and the product roadmap
- Maintain a tracker of service and product feedback and escalate to prioritize platform/process improvements
- Analyze data to identify payment patterns, optimize payment flow, increase revenue and enhance the Vitesse experience; coordinate with BD, RM, Ops to implement
Service Delivery
- Collaborate across the organisation to satisfy customer requirements efficiently
- Provide best-in-class service and strategic solutions to improve client operations
- Deliver new product initiatives to existing customers and assess viability on a per-customer basis
- Communicate product and service plans and rollout to clients
- Act as escalation point for non-contracted TPAs when queries are not timely resolved
Revenue and Growth
- Prepare client presentations and sales materials to support conversations
- Identify and execute on revenue opportunities across the existing client base (cross-sell, upsell, new geographies)
- Share new product initiatives with existing customers and assess viability per customer
Engagement and Onboarding
- Support onboarding for non-contracted TPAs and present Vitesse’s proposition to selected TPAs
- Deliver engaging overview sessions of Vitesse to stakeholders or new TPAs as requested
Lloyd’s of London Programme – Faster Claims Payment (FCP)
Deliver engaging overview of FCP and Vitesse proposition to non-contracted TPAs
Customer Data
Maintain accurate customer data using tools (e.g. Salesforce, Zendesk) to provide accurate revenue and resource forecasting
Industry Knowledge
Apply knowledge of the insurance industry to navigate and deliver business results
Requirements
- 1-3 years’ experience in a related sales or account management role with a proven track record in growing a portfolio through consultative sales and relationship building
- Experience within an insurer or TPA is essential
- Excellent interpersonal, verbal and written communication skills
- Ability to manage multiple tasks, projects and deadlines simultaneously
- Proficient in Microsoft Office and Salesforce for client management
- Ability to work effectively in a team environment
Benefits
- 25 days holiday per year (increasing with service) + bank holidays
- Hybrid working arrangements with minimum 2 days in the office
- Contributory pension, enhanced parental leave, cycle to work, private medical insurance
- Therapy access, gym membership discounts, financial coaching
- Volunteer leave and sabbatical options
- Ongoing learning and development support
Equality and Inclusion
We are an Equal Opportunity Employer and are committed to creating an inclusive environment that enables everyone to perform at their best. If selected for an interview, please indicate any interview adjustments you may need.
About Vitesse
Vitesse is a payments provider for the insurance and treasury industry, FCA regulated, with a global payments network and treasury optimisation services. We value collaboration, customer centricity and integrity, and are looking for like-minded people to join our journey.
#J-18808-Ljbffr
Relationship Manager - TPA in London employer: Vitesse
Vitesse is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, you will have the opportunity to lead cutting-edge projects at the intersection of design and AI, while benefiting from a supportive environment that encourages creativity and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Relationship Manager - TPA in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Vitesse. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Relationship Manager - TPA in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Vitesse.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Vitesse's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Vitesse
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Vitesse.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Vitesse will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Vitesse employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.