The is a key role to develop and implement strategic growth plans in collaboration with the Head of Region, Strategic Account Managers, and Head of Broker Distribution. This is a market facing relationship and underwriting role with primary focus on the acquisition of new business, which involves building market relationships across an assigned panel of brokers. Working in collaboration with Strategic Account Managers to achieve sustainable continued profitable growth and revenue in line with business ambitions
Your Role
Key Responsibilities
Ensuring alignment with HSB's business growth ambitions; assist growth strategies to successfully maximise new and existing business opportunities and increase market presence.
Effectively utilise internal business data sources and industry market intelligence to provide insightful data to inform strategic revenue and customer growth planning activity and support future underwriting activity
Continuously explore new revenue channels and potential markets, being innovative in approach to identify diverse and exciting new opportunities.
Continuously monitor and review client activity to enable strategic focus on profitable accounts
Influence, negotiate and build relationships with key internal and external influencers, ensuring engagement and 'buy in' to enable delivery of strategic growth plans and maximise potential underwriting opportunities.
Adopt a collaborative mindset/approach with Strategic Account Managers to enable increased lead generation
Work collaboratively with Product Leads and Underwriting Managers to ensure business acquisition is efficient and meets the customer requirements.
Support and enable nationwide collaboration to maximise cross selling, increase retention and rates to ensure achievement of segment and business wide targets.
Contribute to effective loss ratio control by ensuring adherence to business strategies.
o Develop and maintain constructive and profitable relationships with customers through regular contact, visits and in line with specific customer strategies o Ensure all issues are resolved promptly ensuring 'Customer First' approach
Attend relevant industry and market specific events, conferences and networking activities, raising HSB's profile and increase market presence.
Attend broker / strategic partner meetings as the technical underwriting lead and deliver presentations and training workshops as required.
Undertake and lead on any team or business wide projects as required
Knowledge Leadership
Increase the technical and trading capability of the underwriting team, act as a technical mentor and referral point for all policy classes within the team.
Work collaboratively with the Leadership Team to create a culture of high performance within the team, leading by example in adhering to the HSB behavioral standards.
Maintain accurate records within CRM systems (Dynamics 365), populating with all client interactions and activities to enable and support future opportunities and pro-active cross-segment working.
Maintain and implement all necessary procedures and processes to ensure internal service standards and FCA Compliance.
Attend training to ensure development of required knowledge and skills to enable effective undertaking of the role.
Your Skills and Profile
Ability to convert data insights into revenue and growth plans
Commercially astute with business planning experience
Demonstrable knowledge/experience of Machinery Inherent Defects Insurance (MIDI)
Demonstrable knowledge/experience of Machinery Breakdown & Business Interruption
Thorough understanding of UK Insurance market
Demonstrable experience of ensuring excellent customer relationship management
Pragmatic decision maker with analytical and reasoning skills
Excellent interpersonal and negotiation and problem solving skills
Collaboration and teamwork
Excellent written and verbal communication
Strong trading capability - commercial awareness, negotiation skills, ability to build strong broker relationships
Strong level of technical underwriting expertise gained in relevant insurance environment
Market underwriting presence
With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.
Competitive Salary
We provide fair and competitive compensation that reflects your performance and commitment.
Company performance-based Incentives
In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.
Recognition and Special Rewards
We recognise outstanding individual contributions through a variety of targeted rewards and incentives.
Retirement Planning
We support your long-term financial wellbeing with retirement solutions aligned with local regulations.
Inclusive Workplace Culture
We foster a respectful, inclusive, and values-driven environment.
Learning & Development
We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.
Work-Life-Balance
Supporting your ability to balance family, leisure, and your career.
Health & Wellbeing
We support your physical and mental health through a range of programs and activities in each location.
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