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Broker Distribution Manager (Insurance)
Company | Swiss Re |
Address | Toronto, Ontario, Canada |
Employment type | FULL_TIME |
Salary | |
Category | Insurance |
Expires | 2023-07-04 |
Posted at | 11 months ago |
About The Role
- Alignment with distribution partners on mutual local strategic priorities
- Understand Managed Brokers strategy in-country and across the region and communicate internally with appropriate stakeholders
- Implement local and regional distribution campaigns (where applicable)
- Execute strategic go-to-market distribution plan with emphasis on managed brokers covering core top and bottom line goals and appropriate strategic initiatives and milestones to support
- Work with underwriting to execute portfolio priorities with managed brokers in the respective markets
- Define appropriate engagement model with local broker counterparts e.g. quarterly meetings to review priorities, risk appetite, business production, and communicate successes
- Build and manage deal pipeline with distribution partners ensuring alignment with underwriting teams
- Collate market intel from distribution partners and feed back to business (announcements on personnel changes)
- Leverage Swiss Re's thought leadership and innovation to deliver on agreed strategic priorities with distribution partners
- Interpret data on broker performance (e.g. share of wallet, acquisition costs etc.) and extract insights for the business
- Assist with internal deal escalation for complex transactions
- Act as point of contact for the broker to raise and resolve ad hoc issues that require escalation to management
- Contribute to execution and planning of relevant BSAs
- Ensure that relevant (Client, Group, Divisional, etc.) deadlines are met
- Ensure compliance with all of Swiss Re business guidelines
- Act according to the company's Code of Conduct
- Live the Swiss Re values and Corporate Solutions Key Behaviors
- Investing time in relationship-building, internal and external, to reduce siloes and to enable working towards a common goal.
- Progress in agreed strategic initiatives
- Inspiring colleagues to embrace the mandate to achieve Corporate Solutions' strategy and ambition.
- Customer satisfaction / loyalty
- Delivery of financial results aligned with regional objectives such as GWP, retention, profitability, as well as new business pipelining, including cross and upsell opportunities
- Promotion of innovative and alternative risk solutions
- A university degree with or equivalent education/experience.
- Intimate knowledge of various CRM systems such as salesforce.com
- Track record in dealing with complex transactions
- Track record in sales, relationship management and new business origination
- Broad industry network with key stakeholders (brokers, corporate risk managers, insurance professionals)
- Significant and varied experience in the insurance market either in distribution management, underwriting, risk management or insurance marketing complemented by practical experience in executing non-standard risk transfer solutions.
- You have demonstrated strategic vision, have a strong business acumen and result orientation. You can think out of the box, roll your sleeves up and are not afraid to take charge of a situation.
- You listen, also to what is not being said and can take an unpopular stand when necessary.
- You foster a culture of receiving and giving feedback
- You can spot and design differentiating, innovative solutions to secure competitive advantage
- Flexibility and adaptability is expected to thrive in our complex and changing international and cross-cultural environment.
- You are also eager to expand boundaries of existing business and transaction model while being guided by a strong sense of integrity in all that you do.
- You have excellent communication and negotiations skills, with ability to handle conflicts and steer multiple parties ' interests into an aligned one.
- An enaging personality, a team-builder and networker, who enjoys working in a multi-cultural team environment.
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