Travelers Broker Deals Manager in Redhill, United Kingdom
Broker Deals Manager
Primary Job Duties & Responsibilities:
As Deals Manager at Travelers you will:
Identify Portfolio and Deal Management opportunities across identified segments.
Lead and co-ordinate the building of deal/scheme propositions. Maintain and share specific knowledge of existing small business broker market schemes/facilities.
Collaborate with our Account Directors to build knowledge of strategic broker strategy and plans.
Work with Distribution and the wider Business to drive pipeline of new opportunities and identify commercial opportunities for development and areas of growth to support our strategy.
Be part of the deal negotiation team to deliver profitable growth.
Create and maintain strong relationships with Underwriting and Actuarial colleagues to ensure pricing/Underwriting integrity is achieved/maintained, using your analytical and data analysis skill set.
Focus on delivering competitive compensation, process improvements and/or efficiency to contribute to the profitability of portfolios.
Ensure that you keep up to date with competitors' offerings and market dynamics to ensure we position ourselves for success.
Job Opening ID:
Travel - - Frequently
Equal Employment Opportunity Statement:
Travelers is an equal opportunity employer.
Job Specific & Technical Skills & Competencies:
In addition we'd like you to have the following skills: Good communication and stakeholder management. Excellent relationship management skills. Strong negotiation skills.
Our Distribution team is going from strength to strength here at Travelers and we have a fantastic opportunity for a Deals Manager to support our ambitions growth plans. This is a newly created role for us and so offers the right person the chance to build out our deal management offering and make real impact in the organisation.
In this role you will support the delivery of our Small Business strategy by building and implementing a robust end to end deal management structure and capability. Partnering with colleagues in the Distribution Team you will identify and secure new deal opportunities to help deliver the plan - including Scheme, Portfolio Transfer and Delegated Underwriting Authorities (DUAs) and Managing General Agents (MGAs). This is a national role so you will be required to travel to our branches and brokers as necessary.
We aim to offer an inclusive and flexible approach to how and when you work, as well as good work-life benefits. We are happy to discuss all types of flexible working with you, when you join us for your interview. While we may not be able to accommodate exactly what you want, we are always open to having the conversation.
Education, Work Experience & Knowledge:
You will have excellent communication, negotiation, and stakeholder and relationship management skills. Whilst not essential, we would prefer you to be educated to degree level and also have the following:
Experience in the commercial insurance industry in a business development role.
Experience of portfolio management and underwriting disciplines.
Project Management experience.
n-depth knowledge of UK market, financial services, competitors.
A great track record in Deal Management and Delivery.
Experience in building and maintaining deal processes.
Operates standard office equipment - Continuously Sitting (Can stand at will) - Continuously Standing - Continuously Use of Keyboards, Sporadic 10-Key - Continuously Driving - Frequently
You need to have previous experience of managing brokers to do this role.
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
Licensing or Certificates:
Redhill - Surrey - United Kingdom
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We are committed to valuing the diversity that exists among our workforce, our business partners, our customers and our communities. With respect to our workforce, we are committed to not only increasing diversity in our hiring at all levels but also fostering an inclusive environment where all employees, regardless of race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by law, can develop and thrive.