Product and Insurance Panel Manager

Recruiter
Harrison Holgate
Location
London (Greater)
Posted
28 Nov 2018
Closes
10 Dec 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
An opportunity has become available working for a leading Insurer in London as a Product and Insurance Panel Manager, focusing on home and motor insurance.

Working alongside the COO, the main focus of this role will be to nurture, develop and manage all facets of the insurer and ancillary product provider panel relationships. In addition to managing the existing relationships, you will also help identify and qualify new opportunities and help formulate strategies that drive value for all stakeholders.

The main duties of this role will be: -

Management, development and optimisation of the home and car insurance provider panel, including; Regular review meetings, Rate / model changes, Annual / ad-hoc audits, Compliance / regulatory changes, Policy documentation updates & changes and Management of the ancillary product providers
Co-ordination of the in-house household product hierarchy, across direct and aggregator channels
On-going market / competitor monitoring to ensure the business remain ahead of the curve
Policy documentation updates & changes
Development of new insurer panels based on on-going product roll-outs
Working with marketing and acquisition teams to ensure alignment through-out the customer journey


Experience Required
3+ years' experience of development and performance management of insurer panels in a broker environment, with a track record of successful and profitable growth.
Strong understanding of insurance products, wordings and distribution (Home and Motor business)
Understanding of underwriting and pricing principles.
Strong understanding of financial models including profit share arrangements.
Full understanding of the end to end insurer management process.
A sound appreciation of insurance regulatory environment and its implications on pricing, products and interactions with customers.

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