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For Companies At a Glance
- Tasks: Manage broker relationships and support business development across the UK and Europe.
- Company: Join Westfield, a global leader in property and casualty insurance since 1848.
- Benefits: Enjoy a competitive salary, recognition, and a collaborative work culture.
- Why this job: Make an impact in a dynamic environment while building valuable relationships.
- Qualifications: Experience in broker management or business development with strong analytical skills.
- Other info: Be part of a team that values excellence, ambition, and collaboration.
The predicted salary is between 50000 - 65000 £ 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 Required
- 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.
Qualifications & Experience
- 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 employer: Westfield
Contact Detail:
Westfield Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker Development Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to brokers or professionals on LinkedIn. Building those relationships can open doors you didn’t even know existed.
✨Tip Number 2
Be prepared for interviews by knowing your stuff! Research the company and its position in the Lloyd's market. Understand their values and how you can contribute to their goals. This will show you’re not just another candidate but someone who’s genuinely interested in being part of their team.
✨Tip Number 3
Show off your analytical skills! Be ready to discuss how you've used data to drive decisions in past roles. Prepare examples that highlight your ability to interpret MI and translate it into actionable insights. This is key for a role focused on broker relationship management.
✨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 take the initiative to engage directly with us. So, get your application in and let’s make things happen!
We think you need these skills to ace Broker Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Broker Development Manager role. Highlight your experience in broker management and business development, and don’t forget to showcase your analytical skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the Lloyd's market and how your skills align with our values. Be genuine and let your personality come through – we love a bit of character!
Showcase Your Data Skills: Since this role involves a lot of data analysis, make sure to highlight any relevant experience you have with MI and data interpretation. Share specific examples of how you've used data to drive insights or improve processes in your previous roles.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Westfield
✨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
This position requires excellent communication and interpersonal skills. Practice articulating your thoughts clearly and confidently. Consider preparing a brief presentation on a relevant topic to demonstrate your ability to engage and inform stakeholders effectively.
✨Embrace the Culture
Familiarise yourself with Westfield's core values: Excellence, Ambition, and Collaboration. Think of examples from your experience that align with these values. Showing that you fit into their culture can set you apart from other candidates.