Broker Relationship Manager

Company
Munich Re Specialty Group
Location
London , United Kingdom

At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-identity”.

About us

MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable people and businesses to thrive.

Broker Relationship Manager

We are looking to employ a Broker Relationship Manager to be based in London and to work with us on a Full-Time basis.

If you’d like to work within a fun and collaborative team atmosphere where you can make difference, we’d love to hear from you.

The Role

• Maintain and enhance important strategic Broker Relationships across MRSG within the London Market
• Formalise a challenging but realistic growth strategy with key partners.
• Act as key point of contact for colleagues of MRSG into specific strategic brokers, becoming the focal point for query resolution.
• Provide clear presentations to important stakeholders as and when required.
• Explore and consider alternative strategic relationships within the London Market that will enhance profitable growth for MRSG.
• Support underwriters in achieving growth objectives by providing sales and development support.
• Utilising CRM capabilities and working alongside colleagues from a range of functions, you will monitor key broker performance metrics beyond income generation, looking to enhance or remediate where appropriate.
• Effectively generate and support cross-selling opportunities between product lines.
• Articulate London Market broker information to the global distribution team of MRSG whilst also promoting global MRSG capabilities to broking partners, making introductions and connections where relevant.
• Maintain a comprehensive knowledge of insurance, competitor and industry activity and provide market feedback.
• Work within the framework of Munich Re ethical and service standards.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.

What we are looking for

You to promote the proposition of Munich Re Specialty Group to the London Insurance Market in line with the appetite of the Group to generate profitable premium growth. You will be responsible for maintaining and enhancing strong relationships with designated key strategic brokers. You will work alongside a range of key stakeholders within the business, including underwriting and claims colleagues, and across the business to enhance the management of our broking partners and improve overall efficiencies for the group.

Key Skills & Experience

• Knowledge and experience of working in the Lloyd’s and company insurance markets.
• Industry knowledge of marine and specialty markets.
• Understanding of basic underwriting principles across marine and specialty markets.
• Understanding of business planning and regulatory issues relevant to the London insurance market.
• Strong data analytics and ability to understand fundamental performance metrics.
• Experience of preparing and conducting presentations to a range of stakeholders including C-Suite
• Track record of strong Broker Relationship management.
• In depth knowledge of the London broking environment.
• Respected market profile.

Qualifications

• University Degree or qualified by experience

Your career with us

At MRSG, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more!

Diversity & Inclusion

Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

Working together, we are an employer of choice by building the workforce for today and the future.We make it happen. Together.

Push Boundaries. With us. | Munich Re