At a Glance
- Tasks: Manage and optimise insurance products while ensuring compliance and performance.
- Company: Join a leading automotive finance company with a commitment to inclusivity.
- Benefits: Competitive salary, bonus potential, pension contributions, and extensive benefits from day one.
- Other info: Access to professional development and mentoring opportunities for career growth.
- Why this job: Be a key player in shaping insurance products and driving business success.
- Qualifications: Experience in insurance management and strong leadership skills required.
The predicted salary is between 58732 - 58732 £ per year.
About the Role
Salary: From £58,732 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; you’ll conduct performance reviews and be the main point of contact.
- Ensure appropriate contracts are in place with suppliers, and work with Legal to create new contracts, amendments and renewals.
- You’ll lead product review meetings, ensure products remain compliant, participate in internal committees, procedure reviews and audit participation.
- Be responsible for reporting and forecasting, reviewing MI accuracy and measuring performance against plan.
- Lead on our planning round and reforecasting and reconcile income.
- 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 gained through 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
- 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.
- Excellent communication skills tailored to all audiences.
- Impactful influencer and negotiator with good problem‑solving skills.
- Confidence with Excel, PowerPoint and Word at a minimum intermediate level.
Benefits
- Bonus: Discretionary 10% on‑target bonus (based on personal and group company performance).
- Pension: Employer 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), and 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 and 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.
Equal Opportunity
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 in Milton Keynes employer: VWFS
At VWFS, 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 a discretionary bonus, generous pension contributions, and access to private medical insurance, alongside opportunities for continuous learning through LinkedIn Learning and mentoring programmes. Our inclusive culture encourages diversity and empowers employees to thrive, making VWFS a rewarding place to build a meaningful career in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Business Manager in Milton Keynes
✨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. A friendly chat can lead to insider info about roles that might not even be advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their insurance offerings inside out, so you can showcase your expertise and how you can contribute to their success during the interview.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Insurance Business Manager. Highlight your supplier management skills and your knack for compliance – these are key to impressing the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at VWFS.
We think you need these skills to ace Insurance Business Manager in Milton Keynes
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in insurance management. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Technical Expertise:Since this role is all about technical know-how, be sure to mention any specific insurance products you've worked with. We love seeing candidates who can demonstrate their understanding of compliance and performance metrics.
Be Clear and Concise:When writing your application, keep it straightforward. Use bullet points where possible to make it easy for us to read through your qualifications and experiences. We appreciate clarity and brevity!
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’s super easy to do!
How to prepare for a job interview at VWFS
✨Know Your Insurance Stuff
Make sure you brush up on your technical knowledge of insurance products and compliance requirements. Be ready to discuss how your experience aligns with the role, especially around supplier management and performance reviews.
✨Showcase Your Leadership Skills
Prepare examples that highlight your leadership abilities. Think about times when you've motivated suppliers or led product review meetings. This will demonstrate your capability to engage and inspire others in a high-paced environment.
✨Be Data Savvy
Since the role involves reporting and forecasting, be prepared to discuss your experience with management information analysis. Familiarise yourself with Excel, PowerPoint, and Word, and be ready to share how you've used these tools to measure performance against plans.
✨Practice Your Communication
Excellent communication is key for this role. Practice tailoring your responses to different audiences, whether it's senior management or third-party suppliers. Being an impactful influencer and negotiator will set you apart during the interview.
