Insurer Relationship Executive

Miller; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance firm in Greater London is seeking an Insurer Relationship Executive to join their growing market management team. The successful candidate will manage their own accounts, support the development of strategic re/insurer relationships, and collaborate across various business units. Required qualifications include experience in account management and business development within the insurance industry, with the ability to present to senior stakeholders. This dynamic role offers an opportunity to influence and innovate within the field.

Qualifications

• Previous experience in the insurance industry is desirable.
• Experience in an account management or business development role essential.
• Comfortable in presenting to senior stakeholders.

Responsibilities

• Support management and development of insurer relationships.
• Work through the sales process from identifying prospects to managing accounts.
• Collaborate across business units and understand relationships.

Skills

Relationship management

Strategic insights

Innovative thinking

Stakeholder engagement

Market awareness

Job description

We have an excellent opportunity to join as an insurer relationship executive in our market management team. You will be part of a new, growing and successful team; running your own accounts and projects. The great thing about this team is that every day is different and you will have the chance to influence and shape decisions.

Role Responsibilities

• Support the Head of Market Management with the management and development of strategic re/insurer relationships to ensure budgets are met or exceeded.
• • Work through the full sales process from identifying prospects to securing budget and the ongoing management and growth of the account.
• • Collaborate across all Miller Group Business Units - understanding relationships, educating teams, supporting with growth and/or identifying barriers to success.
• • Create and execute engagement plans, recording key activities and evidencing the delivery of required services.
• • Deliver strategic insights, identifying growth opportunities and supporting the development of relationships with strategic partners.
• • Think innovatively, looking at ways to increase relevance of relationships.
• • Support projects that our key to our proposition, including but not limited to data dashboards, broker surveys, newsletters, events.
• • Remain aware of the market – competitors, potentials changes/risks in the industry which affect the division and how we work.
• • Constantly think of ways to innovate the proposition, the way we present and interpret data and engage with our key partners.
• • Build and maintain strong relationships with both internal (across broking teams, legal, operations etc) & external stakeholders (insurers, professional bodies, regulators, brokers).
• • Attend and represent Miller at external events / networking opportunities.
• • Responsible for ensuring all compliance/regulatory requirements are met.
• • Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
• • Promote Miller brand and values to enhance Miller’s reputation in the market.
• • Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls. Our policies and procedures are written to encapsulate the compliance, legal and financial crime related legislation and regulations which apply to Miller.

Experience

•Previous experience in insurance industry is desirable

•Experience in an account management or business development role essential

•Experience of a high pressured, multi-tasking environment

•Comfortable in presenting to senior stakeholders (C-suite level experience preferable).

KNOWLEDGE

•Understanding of general principles of insurance

•Understanding of London market operations

•Awareness of regulatory environment and requirements e.g FCA, GDPR, competition rules

•Understanding of how the market management division enables the objectives of a brokerage