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Regional Development Manager

4 months ago


London, United Kingdom ERS Administration Services Full time

Reporting to: Head of Regional Development
Regional / Home working
IQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.
We recognise that for some, motor insurance is more than just a must-have; That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer's needs.
The Regional Development Manager (RDM) will drive ERS' business development activities across the region.
Supported by the region's Broker Development Support Executive (BDSE), the RDM will establish and execute clear sales strategies and detailed broker development plans with brokers and trading partners within the region.
The RDM will support ERS' growth and profitability and be an ambassador for our people, products, and brand.
This is a highly collaborative role, working with colleagues across all functional areas of the business as well as in close co-operation with the Sales and Marketing teams, and will materially contribute to the achievement of ERS's strategic and financial objectives.
The role has been identified as a company car essential user.
Managing a large panel of brokers and distribution partners and acting as the facilitator of all trading activity, being personally responsible for the day to day and overall relationship management of designated accounts
Developing detailed business development plans and engaging with our distribution partners in such a way as to ensure achievement of our business development objectives.
Continuously seeking opportunities to leverage existing relationships and create new relationships with brokers and other distributors which lead to profitable business development.
Identifying new scheme or portfolio opportunities, undertaking appropriate assessment of the opportunities to determine if they meet our appetite and strategy and progressing them to successful implementation through the engagement of all relevant stakeholders.
This description may be varied from time to time to reflect changing business requirements.
Extensive experience and knowledge in developing and executing business development strategies and sales campaigns.
Extensive knowledge and understanding of the UK broker market including key financial models, methods of trading, customer segmentation and economic influencers.
Extensive knowledge of the legal, regulatory and compliance provisions that apply to our distribution channels and markets in which we operate.
Competitive Benchmarked Salary
~25 days holiday
~ Discretionary bonus scheme
~ Employee assistance programme
~ Annual holiday buy (up to 3 extra days)
~ Salary sacrifice benefits
~ Annual benefits reviews
~ The option for professional qualifications and study support