Market Relationship Manager

1 week ago

City of London, United Kingdom Brown & Brown Insurance Full time £40,000 - £80,000 per year

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Market Relations Manager (9-12 Month FTC / Secondment)
Location: Remote (with Travel)
Package: £Negotiable + Benefits

As one of the largest broker networks in the UK, Hedron Network supports over 200 partner brokers with relationships across a multitude of markets.

Managing the relationships with our trading partners is key to ensure we can provide our partner brokers with competitive pricing, enhanced commission rates and differentiated wordings to assist them in growing their business.

In this role you'll have the opportunity to contribute to the success and growth of our partner brokers as well as Hedron itself.

The day to day:
 

  • Management of a panel of insurer and provider relationships across both commercial and personal lines business (but predominantly commercial) to deliver revenue to Hedron and value to Network members. Involves contractual negotiation of the insurer service agreements and Hedron remuneration.
  • Meet with insurers regularly to review business plans and monitor progress and performance in line with service agreements. Utilise MI to identify trends, issues, and opportunities in order to maximise business placed with panel insurers.
  • Work with internal stakeholders to identify, develop and deliver the services to insurers which enhance the Network proposition including business development strategies, marketing initiatives, provision of data analysis and insight, agency management, credit control and governance. Key internal stakeholders include the business development team, marketing team, and MI team.
  • Work with insurers to develop and maintain a compelling insurance proposition for Network members in terms of their product offering, servicing model, trading channels, and commission.
  • Assist Network members and internal stakeholders with day-to-day placement queries and act as an escalation point for any trading or claims issues.
  • Keep the Senior Management team and internal stakeholders informed of relevant activities, key operational issues, and results.

About you:

You'll already have a strong understanding of the Commercial Insurance market space and all relevant products that brokers utilise on a day to day basis.
Be comfortable building and maintaining relationships both internally and externally quickly and efficiently and have a results orientated mindset
Your skill set will be well rounded and include high level Communication (Written, Verbal, Video), Stakeholder & Relationship Management, Negotiation and IT skills with a particular emphasis on MS Excel knowledge

 


We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

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