At a Glance
- Tasks: Manage and optimise insurance products while ensuring compliance and performance.
- Company: Join VWFS UK, a leader in innovative mobility solutions.
- Benefits: Enjoy a competitive salary, bonus potential, and extensive benefits including private medical insurance.
- Other info: Access to professional development and a supportive, inclusive work environment.
- Why this job: Make a real impact in the insurance industry and help shape mobility solutions.
- Qualifications: Experience in insurance management and strong leadership skills required.
The predicted salary is between 58732 - 58732 £ per year.
About The Role
SALARY: From 58732 pa dependent on experience
LOCATION: Milton Keynes
HYBRID WORKING: Our current hybrid working policy requires a minimum of 60% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role.
HOURS / CONTRACT TYPE: Full time fixed term contract until 1/7/2027
CLOSING DATE: 5/6/2026. We reserve the right to close the advert earlier if we receive a high volume of applications.
We're looking for an Insurance Business Manager who will take responsibility for the management and performance of our insurance products. VWFS offers a wide range of products including insurance and warranty. In this high-paced, technical role, you'll be instrumental in ensuring our products are performing well while also being compliant.
What you'll be doing:
- You'll use your technical expertise to provide insight and support to colleagues as the product SME.
- Relationship Management of 3rd party suppliers who you'll hold performance reviews with and be a main point of contact for them.
- Ensure appropriate contracts are in place with suppliers, work with Legal to create new contracts, amendments and renewals.
- You'll lead product review meetings, ensure products remain compliant, internal committee participation, procedure reviews and audit participation.
- Be responsible for reporting and forecasting, reviewing accuracy of MI and measuring performance against plan.
- Lead on our planning round and reforecasting and reconcile income.
- You'll ensure excellent quality for our customers through regular call listening, claim and complaint reviews.
- Support the product Channel Manager to deliver change to existing products and be involved in project work for new initiatives.
What you'll bring:
- You’ll be an experienced Insurance Business Manager with an excellent working knowledge of the Insurance industry which you'll have gained through working in a variety of technical, development and operational roles.
- You’ll have strong leadership skills that enable you to engage, motivate, develop and inspire suppliers to perform at their best.
- Essential experience & skills:
- You have experience of supplier management, dealing with contracts, management information analysis, forecasting, drafting procedures and delivering business updates to senior management.
- ACII qualified or progressing towards this qualification.
- Commercial awareness and knowledge of Compliance requirements including Consumer Duty and GDPR.
- You'll be a great communicator who can engage and adapt to all audiences.
- An impactful influencer and negotiator with good problem-solving skills.
- You need to be confident to a minimum intermediate level with Excel, PowerPoint and Word.
What's in it for you?
- Bonus: Discretionary 10% on-target bonus (based on personal and Group company performance).
- Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.
- Car schemes: Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance OR Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.
- Other benefits: From day 1 we provide income protection, life assurance (4x salary), retail discount vouchers, access to Care Concierge (a service to support carers of adults), along with other salary sacrifice options including a will writing service and cycle to work (subject to scheme restrictions).
- Following successful completion of probation, you will have access to private medical insurance for you (with the option to buy additional family cover), access to our loan car scheme for up to 2 cars for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase critical illness cover and dental cover, so you can select the benefits that matter to you.
- We invest in our people and are passionate about driving development. You’ll have access to LinkedIn Learning via our Degreed platform as well as a host of professional development programmes and opportunities to build your technical and soft skills so you can further develop your career. We also offer mentoring schemes and reciprocal partnerships recognising that we can all learn from each other in the flow of work.
About You
About Us
Why join VWFS UK? You’ll have the opportunity to make a difference by helping us to achieve our mission. Our mission is straightforward; we want to be 'The Key to Mobility'. That means we make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.
No candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to learn more about you!
VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isn't just a statement for us, we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.
This role does not meet the UKVI's criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.
Insurance Business Manager - Milton Keynes in Kennington employer: Volkswagen Financial Services
At VWFS UK, we pride ourselves on being an exceptional employer, offering a dynamic work environment in Milton Keynes that fosters professional growth and development. With a strong commitment to employee well-being, our comprehensive benefits package includes generous pension contributions, private medical insurance, and access to continuous learning opportunities through platforms like LinkedIn Learning. Join us to be part of a diverse and inclusive culture where your contributions truly make a difference in achieving our mission of simplifying mobility for all.
Contact Details:
Volkswagen Financial Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Business Manager - Milton Keynes in Kennington
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their insurance offerings and think about how your experience aligns with their needs. This will help you stand out as a candidate who truly gets what they do.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in supplier management, compliance, and performance analysis can benefit the team. A confident delivery can make all the difference in leaving a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Insurance Business Manager - Milton Keynes in Kennington
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Insurance Business Manager role. Highlight your relevant experience in supplier management and compliance, as well as any technical expertise that aligns with what we're looking for.
Show Off Your Skills:Don’t hold back on showcasing your leadership and communication skills! We want to see how you can engage and motivate others, so include examples of how you've influenced teams or managed relationships with suppliers.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read through your achievements and experiences. We appreciate a well-structured application!
Apply Through Our Website:Remember 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’s super easy to do!
How to prepare for a job interview at Volkswagen Financial Services
✨Know Your Stuff
Make sure you brush up on your technical knowledge of the insurance industry. Be ready to discuss compliance requirements, Consumer Duty, and GDPR. This role is all about performance and compliance, so showing that you understand these areas will impress the interviewers.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully managed supplier relationships and motivated teams in the past. Highlight your ability to engage and inspire others, as this is crucial for the Insurance Business Manager role. Use specific instances where your leadership made a difference.
✨Excel at Excel
Since you'll need to be confident with Excel, PowerPoint, and Word, practice using these tools before your interview. Be ready to discuss how you've used them in previous roles, especially in reporting and forecasting. A little preparation here can go a long way!
✨Be a Great Communicator
Think about how you can adapt your communication style to different audiences. Prepare to demonstrate your influencing and negotiating skills, as well as your problem-solving abilities. The interviewers will want to see that you can effectively convey information and engage with various stakeholders.
