Broker Development Manager

ENGINEERINGUK; United States; Remote; GBP 60,000 - 80,000; Full time

Job summary

An established industry player seeks a Broker Development Manager to enhance relationships with National Insurance Brokers. In this pivotal role, you will drive corporate business growth, ensuring client retention and maximizing sales potential. With a focus on developing strategic relationships and effective pipeline management, you will contribute to sustainable profitability across various products. This role offers a supportive culture, remote working options, and an array of attractive benefits, including a competitive salary and annual bonuses. If you are motivated and resilient, this opportunity is perfect for you.

Benefits

Company car scheme

Annual bonus (up to 25%)

Contributory pension scheme (up to 20%)

28 days annual leave plus bank holidays

Family-friendly policies

Private medical insurance

Savings discounts at high street brands

£20 monthly gym contribution

Health and wellbeing plans

Community volunteering days

Qualifications

• Strong knowledge of the UK Corporate insurance market.
• Experience working with National Insurance Brokers.

Responsibilities

• Drive corporate insurance business from National Insurance Broker partners.
• Manage pipeline development and retention of broker clients.

Skills

Stakeholder management

Developing business plans

Building relationships

Conflict management

Resilience and motivation

Working independently

Education

ACII qualification

Job description

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View more categories | View less categories | Sector: Insurance | Role: Professional | Contract Type: Permanent | Hours: Full Time

Responsibilities

• Driving corporate insurance business from our National Insurance Broker partners
• Field based role including nationwide travel to Broker and Client premises
• Accountability for pipeline development and further development of corporate insurance business

About the role

As a Broker Development Manager, you will drive key relationships between NFU Mutual Corporate Business and our panel of National Brokers Partners. You will be responsible for retention of our existing book of broker clients, ensuring good outcomes for all parties, and generating a pipeline of new business opportunities that maximize sales potential and deliver sustainable profitable growth across NFU Mutual products.

You will develop and secure Corporate business via a selected panel of brokers through pipeline management and contact strategies to achieve profitable growth targets. Building and maintaining effective relationships with key Broker personnel, including placement leads, Account Directors, and Account Executives, is essential to secure new business opportunities.

You will also be responsible for the retention and renewal of existing broker clients, ensuring appropriate outcomes. Leading, developing, implementing, and monitoring sales and account management strategies will be part of your role, along with educating and promoting NFU Mutual's corporate proposition to key Broker personnel and potential clients.

Building strong internal relationships with stakeholders such as LCI Underwriting and Claims is vital for effective collaboration and sales growth. You will lead meetings with Brokers and senior clients to establish and maintain NFU Mutual’s reputation as a leading corporate insurer.

This role may involve delivering short-term projects as required. It falls under the Insurance Distribution Directive, requiring ongoing professional development and re-screening to maintain 'Good Repute' status, as per FCA guidelines.

About you

You should have strong knowledge of the UK Corporate insurance market and experience working with National Insurance Brokers. Achieving or nearing ACII qualification is necessary. Key skills include:

• Developing business plans with intermediaries to increase sales and profitable growth
• Building relationships with large corporate clients
• Stakeholder management
• Resilience and motivation
• Conflict management
• Working independently

NFU Mutual values diversity and inclusivity, encouraging candidates to discuss any required adjustments during recruitment. We are a Disability Confident Employer and welcome applications from all backgrounds.

Benefits and Rewards

Joining us offers a supportive culture and attractive benefits, including:

• Salary: £60,000 to £80,000
• Company car scheme
• Annual bonus (up to 25%)
• Contributory pension scheme (up to 20%)
• 28 days annual leave plus bank holidays, with holiday trading options
• Family-friendly policies
• Private medical insurance
• Savings discounts at high street brands
• £20 monthly gym contribution
• Health and wellbeing plans
• Community volunteering days
• Refer a Friend bonus scheme (£500)
• Life assurance (4x salary)
• Employee discounts on insurance policies

Working at NFU Mutual

We are one of the UK's leading general insurance and financial services companies, with over 110 years of customer-focused service. Recognized for our workplace culture, we have received numerous awards including the Gallup Exceptional Workplace 2024. We promote a supportive environment that encourages growth, recognizes contributions, and respects diversity.

Apply now to join our team.

Remote working options are available, with over 300 local offices across the UK.

Company

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