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For Companies At a Glance
- Tasks: Manage broker relationships and support business development across the UK and Europe.
- Company: Join a leading firm in the Lloyd's market with a focus on innovation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to collaborate internationally and develop your career.
- Why this job: Be at the forefront of market engagement and make a real impact.
- Qualifications: Experience in broker management or business development, strong analytical skills required.
The predicted salary is between 50000 - 65000 ÂŁ per year.
Key Accountabilities & Role Requirements
- Broker Relationship Management: Support the day‑to‑day management of relationships with a portfolio of brokers across the UK and Europe. Act as a point of contact for broker queries, escalations, and operational matters. Assist in the planning, preparation and delivery of broker engagement activities, including meetings, presentations, and events. Build trusted relationships with broker contacts. Ensure consistent, high‑quality service delivery to broker partners.
- Business Development & Market Engagement: Support new business initiatives and broker‑led opportunities in line with WSI’s growth strategy. Assist in identifying distribution opportunities and areas for relationship development. Monitor market developments, broker strategies, and competitor activity, providing insights to senior stakeholders.
- MI, Data & Insights: Produce, analyse, and interpret broker MI, including sales metrics, pipeline activity, and performance against targets. Maintain accurate records of broker interactions and distribution data. Translate data into meaningful business insights and recommendations for underwriting and senior management.
Skills & Competencies
- Commercially curious with a strong interest in the Lloyd’s market.
- Proactive, self‑motivated, and keen to take ownership of responsibilities.
- Comfortable working with data and translating analysis into insights.
- Collaborative team player with a client‑focused mindset and global outlook.
- Adaptable and resilient in a fast‑paced market environment.
Essential
- Experience in broker or carrier management, business development, underwriting assistant, or distribution role within the Lloyd’s or London market.
- Strong analytical capability with experience handling, interpreting, and presenting MI and data.
- Excellent communication and interpersonal skills, with the ability to build effective internal and external relationships across geographies.
- Strong organisational skills and attention to detail.
- Proficiency in Microsoft suite and CRM systems.
Desirable
- Experience within a Lloyd’s managing agent or syndicate environment.
- Experience managing European broker or carrier relationships.
- Exposure to collaboration with US‑based stakeholders or international distribution teams.
- Knowledge of Lloyd’s market practices and distribution structures.
- Exposure to business planning, market strategy, or account planning.
- Familiarity with reporting tools or data visualisation platforms (e.g. Power BI).
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
Broker Development Manager in London employer: Westfield Specialty International
Contact Detail:
Westfield Specialty International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker Development Manager in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the Lloyd’s market. Attend industry events, join relevant online forums, and don’t be shy about reaching out to brokers on LinkedIn. Building those relationships can open doors you didn’t even know existed.
✨Tip Number 2
Show off your analytical skills! When you get the chance to chat with potential employers, be ready to discuss how you've used data to drive decisions in past roles. Bring examples of how you’ve translated MI into actionable insights – it’ll show you’re the right fit for the Broker Development Manager role.
✨Tip Number 3
Prepare for interviews by researching the company and its broker relationships. Understand their growth strategy and think about how you can contribute. Tailor your questions to show you’re genuinely interested in their operations and how you can help them succeed.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and take the initiative to engage directly with us. Let’s make this happen together!
We think you need these skills to ace Broker Development Manager in London
Some tips for your application 🫡
Know Your Audience: Before you start writing, take a moment to understand who you're addressing. Tailor your application to resonate with the values and goals of StudySmarter. Show us that you get what we're about!
Be Clear and Concise: We love a good story, but keep it relevant! Make sure your application is straightforward and to the point. Highlight your experience in broker management and data analysis without waffling on.
Show Your Passion: Let your enthusiasm for the Lloyd’s market shine through! We want to see your commercial curiosity and how it aligns with our mission. Share specific examples that demonstrate your interest and commitment.
Proofread Like a Pro: Typos and errors can be a real turn-off. Take the time to proofread your application before hitting send. A polished application shows us that you pay attention to detail, which is super important in this role!
How to prepare for a job interview at Westfield Specialty International
✨Know Your Brokers
Before the interview, do your homework on the brokers you'll be managing. Understand their business models, strengths, and any recent news about them. This will help you demonstrate your proactive approach and show that you're genuinely interested in building those relationships.
✨Data is Your Friend
Since the role involves handling MI and data, brush up on your analytical skills. Be prepared to discuss how you've used data in past roles to drive insights or improve performance. Bring examples of reports or analyses you've done to showcase your capability.
✨Showcase Your Communication Skills
As a Broker Development Manager, strong communication is key. Practice articulating your thoughts clearly and confidently. You might even want to prepare a brief presentation on a relevant topic to demonstrate your ability to engage and inform stakeholders effectively.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving skills and adaptability. Think of scenarios where you've had to manage broker relationships or navigate challenges in a fast-paced environment. Use the STAR method (Situation, Task, Action, Result) to structure your responses.