Broker Head of Trading

Allianz; Chelmsford; Hybrid; GBP 85,000; Full time

Job summary

A leading insurance firm is seeking a Broker Head of Trading to oversee trading operations, drive business growth, and enhance profitability within their Personal Motor portfolio. You will manage market analysis, coordinate cross-functional activities, and ensure alignment with strategic objectives. Ideal candidates will possess strong analytical, strategic planning, and financial acumen, along with excellent communication skills. The role offers a competitive salary of around £85,000, plus a flexible benefits package including hybrid working options.

Benefits

Flexible buy/sell holiday options

Hybrid working

Annual performance related bonus

Contributory pension scheme

Development days

Discounts on insurance products

Retail discounts

Volunteering days

Qualifications

• Strong ability to analyze complex data sets and derive actionable insights.
• Experience in developing and implementing strategic plans.
• Understanding of financial performance metrics and cost management.
• Excellent communication to report findings and coordinate effectively.
• Ability to serve as a liaison among different departments.
• Skill in identifying areas for improvement and assessing market opportunities.
• Familiarity with Broker Personal Motor products and distribution.

Responsibilities

• Monitor trading activities against strategic plans and objectives.
• Analyse performance metrics to ensure targets are met.
• Report on trading performance to senior management.
• Develop and implement trading strategies for market penetration.
• Coordinate assessment and prioritisation of trading opportunities.
• Monitor and manage expense and commission ratios.

Skills

Analytical Skills

Strategic Planning

Financial Acumen

Communication & Collaboration

Negotiation & Influencing

Problem-Solving

Knowledge of Broker Personal Motor Products

Job description

Role Description

The Broker Head of Trading (Personal Motor) is responsible for optimising trading operations, ensuring alignment with strategic objectives and driving business growth.

You will oversee market analysis, managing performance, guiding distribution efforts, and coordinating cross-functional activities to enhance profitability and efficiency across our Personal Motor Portfolio.

Salary Information

Pay: Circa £85,000 per year.

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

Key Accountabilities

Performance vs Plan

• Monitor trading activities against strategic plans and objectives
• Analyse performance metrics to ensure targets are met and identify areas for improvement
• Report on trading performance to senior management, providing insights and recommendations

Forecasting

• Assess market conditions and internal capabilities
• Collaborate with relevant teams to ensure forecasts are realistic and achievable
• Adjust strategies as needed based on forecast analysis

Product Trading Strategy

• Develop and implement trading strategies to maximise market penetration and profitability
• Continuously evaluate and refine strategies based on market feedback and performance data

Guide Distribution on Target Opportunities

• Ensure alignment between trading strategies and distribution efforts to optimise market reach

Opportunity Triage Coordination

• Coordinate the assessment and prioritisation of trading opportunities
• Work with cross-functional teams to ensure timely and effective response to market opportunities

Pricing, Underwriting & Bridge

• Serve as a liaison between pricing, underwriting and distribution teams cohesive strategies
• Facilitate communication and collaboration to align objectives and optimise outcomes

Expense & Commission Ratio Management

• Monitor and manage expense and commission ratios to ensure cost-effectiveness and profitability
• Implement strategies to optimise financial performance while maintaining competitive positioning

Experience

• Analytical Skills: Strong ability to analyze complex data sets, performance metrics, and market conditions to derive actionable insights and inform strategies
• Strategic Planning: Experience in developing and implementing strategic plans, particularly those related to market penetration, profitability, and sales
• Financial Acumen: Understanding of financial performance metrics, expense/commission ratios, and cost management
• Communication & Collaboration: Excellent communication skills to report findings to senior management and coordinate effectively with cross-functional teams (e.g., pricing, underwriting, distribution)
• Negotiation & Influencing: Ability to serve as a liaison and align objectives among different departments.
• Problem-Solving: Skill in identifying areas for improvement, assessing market opportunities, and adjusting strategies as needed
• Knowledge of Broker Personal Motor Products and Distribution

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that's perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:

• Flexible buy/sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car, home and pet
• Retail discounts
• Volunteering days

Our Ways of Working

Do you need flexibility with the hours you work? Let us know as part of your application and if it's right for our customers, our business and for you, then we'll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

Integrity, Fairness, Inclusion & Trust

At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community's Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.

We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.

We encourage our employees to advocate for their needs, whether it's assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.

Accessible Application for All

As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.

Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.

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For any inquiries or to submit your application, please contact: Scott Burns

Closing date 30/01/2025

We reserve the right to close the advert early if we reach enough applications.

Join us - Let's Care for Tomorrow.

89615 | Sales & Distribution | Professional | Non-Executive | Allianz UK | Full-Time | Permanent