Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Role Purpose:
The role holder will lead the development and implementation of its Europe distribution strategy, working closely with relevant stakeholders.
Principal Accountabilities:
- Lead the development and implementation of the Europe distribution strategy
- Act as the service owner for broker oversight and onboarding services provided by the corporation of Lloyd’s, managing stakeholder relationships to ensure delivery and resolving any issues, liaising with teams as appropriate to answer queries.
- Coordinate onboarding projects of strategic domestic brokers and service as key POC, alongside CMs and/or EM. Act as the “go to” to introduce and facilitate interactions with Velonetic and other key stakeholders in the Lloyd’s ecosystem.
- Liaise with LIC Corporate and Legal and Lloyd’s Broker Oversight (Corporation of Lloyd’s) teams to provide on-going compliance and governance oversight of registered brokers, to ensure compliance with IDD regulations and any other regulatory (FSMA/NBB) requirements
- Prepare/ keep updated collateral materials relating to broker and coverholder onboarding / guides that are required to support the market in terms of understanding how best to place business at Lloyd’s and LIC and defining the value proposition.
- Alongside the Network Manager, deliver the Lloyd’s Europe Broker Academy & Deliver regional “boot camps” to increase awareness of Lloyd’s for external stakeholders
- Gather feedback to define satisfaction and engagement indicators with strategic domestic brokers and track progress
- Gather and disseminate relevant information and content for Lloyd’s Europe brokers (Lloyd’s Lab, events, underwriting strategy and appetite…), in coordination with Country and Regional Managers
- Identify and work on identifying and addressing business blockers or barriers to compliantly doing business with Lloyd’s Europe. Propose and co-ordinate solutions to resolve these.
- Support the Europe Market Development team in horizon scanning and reporting on local trends in brokerage and upcoming / promising brokers and MGAs (eg parametric)
Skills and Qualities:
- Ability to effectively work in and develop multi-cultural teams
- Strong analytical, strategic thinking and decision making skills
- Customer-centric and self-starter.
- Innovative mindset and ability to challenge the status quo
- Ability to build deep, broad, and effective business relationships with internal and external stakeholders.
- Proactive, excellent organizational skills, high attention to detail and the ability to prioritize work.
- Ability to grasp new concepts, frameworks and business models.
- Strong presentation skills and ability to present ideas in a succinct and compelling manner.
- Engaging, confident, polite and outcome-driven communication style.
- Enthusiasm, natural curiosity, and ambition to succeed
- Fluency in written and spoken English. Other European language skills would be a plus.
Knowledge:
- Knowledge of the Lloyd’s market structure
- Knowledge of UK & European insurance markets, associated national regulators and a good working knowledge of market threats and opportunities
- Knowledge of IDD and European distribution requirements
- Awareness of effective marketing and communication strategies.
- Strong business acumen
- IT literacy with the ability to learn how to use new software solutions.
- Data analysis skills (e.g. Excel, Qlik)
Experience:
- Experience of working in the insurance / reinsurance industry in a business development, strategy, management consulting, underwriting, (re)insurance or related roles.
- Track record of consistent delivery against stated objectives in the European markets.
- Influencing internal and external stakeholders at a senior level and the ability to cultivate and develop sound business relationships
- Experience of working collaboratively within a team to deliver high quality output.
- Experience of working effectively with people from a variety of cultural backgrounds.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancy
