Financial Solutions – Insurance Sales Specialist – Specialist Sales – London

Financial Solutions – Insurance Sales Specialist – Specialist Sales – London Overview

Bloomberg is seeking a Financial Solutions – Insurance Sales Specialist to join our Specialist Sales team in London. As a global leader in business and financial information, we leverage innovative technology and trusted data to assist our clients in making informed investment decisions. Our Specialist Sales Solutions team plays a crucial role in driving the growth of Bloomberg’s corporate business, particularly in the development of our Credit Risk Insurance solution.

The insurance industry is experiencing significant transformation, with insurers and brokers increasingly relying on data and technology to enhance risk management and decision-making processes. In this role, you will collaborate with our insurance brokerage partner to create solutions that integrate Bloomberg’s market-leading data and analytics with the evolving needs of the credit risk insurance market.

Key Responsibilities:

• Manage and nurture client relationships while collaborating with our insurance brokerage partner to enhance the Credit Risk Insurance solution.
• Leverage your expertise in the insurance sector to pinpoint how Bloomberg’s data, analytics, and technology can enhance client workflows.
• Gain insight into how insurance market players evaluate and manage credit and counterparty risk, including the necessary data, reporting, analytics, and intelligence for underwriting and client engagement.
• Stay informed about industry trends impacting the insurance sector, such as the digitization of distribution, the use of alternative data, and evolving risk-transfer structures.
• Act as an advisor to clients and potential clients, understanding their commercial challenges and demonstrating how Bloomberg’s offerings can address these issues.
• Collaborate with our Insurance Broker to shape the Insurance System through market insights and innovative ideas, while fostering strong relationships with Bloomberg’s decision-makers and clients.
• Translate feedback from various market participants into actionable product requirements and identify commercial opportunities.
• Explore opportunities beyond the current Credit Risk Insurance offerings by assessing the broader needs of the insurance industry.
• Develop a personal roadmap of commercial and product initiatives aligned with company goals, regularly updating your manager on progress and challenges.
• Enhance Bloomberg’s reputation within the insurance community by building relationships with key industry figures and representing the company at meetings and events.
• Engage in new projects that contribute to departmental and company-wide objectives.
• Seek additional ways to impact the organization, including mentoring colleagues and organizing training sessions for industry participants.

Requirements:

• In-depth knowledge of credit insurance and specialty insurance, including the dynamics between brokers, underwriters, and corporate insureds.
• Proven experience in building trusted relationships with senior market stakeholders and leveraging these connections to identify business opportunities.
• Understanding of technological advancements affecting the insurance industry, such as digital placement and data-driven underwriting.
• Strong business acumen to utilize client and market knowledge to make informed decisions that contribute to business success.
• A proactive mindset with the ability to work collaboratively across departments in a flat organizational structure.
• Capability to identify client challenges, comprehend complex workflows, and articulate solutions clearly and effectively.
• Excellent analytical skills to evaluate and validate commercial and product concepts using various data sets.
• A solid grasp of workflows and a systematic approach to developing products that address real client needs.
• Willingness to travel across Europe as necessary to provide exceptional service to clients.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive health and wellness programs.
• Opportunities for professional development and career advancement.
• Flexible working arrangements to support work-life balance.
• A diverse and inclusive workplace culture.

If you believe you are a good fit for this role, we encourage you to apply and connect with our recruitment team for further information about this opportunity. Bloomberg is committed to fostering a diverse and inclusive environment and is an equal opportunity employer.

Degree Requirement: Not Specified

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