Head of Market Development

Posted 2 Days Ago
Be an Early Applicant
Lloyd, NY
In-Office
250K-350K Annually
Senior level
Marketing Tech
The Role
Lead and execute Lloyd's commercial strategy across the Americas, build and manage a high-performing Market Development team, cultivate key Managing Agent and broker relationships, drive profitable sustainable growth, support syndicate planning and new entrants, aggregate regional market intelligence, engage trade associations and media, and champion Lloyd's values and stakeholder engagement plans.
Summary Generated by Built In

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. 

A leadership opportunity delivering the Lloyd’s Commercial Strategy across the Americas region (i.e. US, Canada, Latin America and the Caribbean), establishing, enhancing and executing on the support Lloyd’s provides to our stakeholders across the region with a focus on profitable, sustainable growth.

Guided by both the Lloyd’s Commercial Strategy and the US Stakeholder E&S Engagement Plan, you will drive the growth and relevance of Lloyd’s in the Americas region, and the US E&S and reinsurance sectors in particular.  Providing inclusive and inspirational leadership to a team of Market Development officers, ensuring the attraction, progression and retention of a high performing, diverse and effective team. In delivering this role you will:

     

  • Design and implement strategic market development initiatives across the Americas region

  • Develop and maintain key Managing Agent relationships at Group and/or service company level; this includes Member and prospective capital relationships

  • Champion Lloyd’s Commercial strategies, including Innovation, Multinational, New Entrants, Academy/Education, Front of House and Lloyd’s as the preeminent underwriting platform globally 

  • Manage a team of Market Development officers, supporting their career development

  • Drive continuous improvement in the effectiveness of our market development activities with key stakeholders including: the local brokerage communities (both wholesale and retail); Lloyd’s brokers; coverholders; managing agents; service companies; non-Lloyd’s carriers; industry trade organizations; academic institutions and other stakeholders

  • Support Lloyd’s syndicate business planning process & new entrant triage where appropriate and contribute to the market’s sustainable profitable growth

  • Aggregate and distribute intelligence on the Americas (US, Canada and Latin America) market to internal and external stakeholders in London and assume the leadership role in the delivery of the US E&S Stakeholder engagement plan

  • Engage with trade associations and media and academic organizations to convey the significance of Lloyd’s within the US economy and to develop strategies to expand and enhance Lloyd’s presence in the US

  • Actively support Lloyd’s culture in all internal and external engagements

You will need to demonstrate:

  • Leadership experience in the US P&C and Specialty insurance industry

  • Knowledge of the Lloyd’s market, including the services and products that Lloyd’s provides to the various markets comprising the Americas region

  • Existing relationships with Lloyd’s managing agents, Lloyd’s brokers, US retail & wholesale brokers, cedants, industry trade organizations and state surplus associations/stamping offices

  • Ability to identify opportunities for business development and process improvement

If you align to the Lloyd’s Values; we are brave, we do the right thing, we are stronger together and are passionate about utilising you network and relationships in the region to deliver on strategies that drive profitable and sustainable growth then we would welcome your application.

Salary Range: $250,000 - $350,000

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

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The Company
HQ: London
2,496 Employees
Year Founded: 1999

What We Do

Lloyd’s is the world’s leading marketplace for insurance and reinsurance.

Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world.

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