First Central · 11 hours ago
Senior Commercial Executive - Product
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Responsibilities
Support the delivery of the product strategy for the core motor products, optional ancillary products and premium finance product.
Support the delivery of non-technical income across ancillary, premium finance and fees; including both process and performance.
Support the implementation of product governance in-line with regulatory requirements, including new product design, the review of existing products and delivery of changes to improve the value for our customers.
Ensure the provision of product disclosures are kept up to date within customer journeys and documentation.
Lead on the regular performance reporting of non-technical income.
Provide support with the day-to-day management of our commercial partners by building strong stakeholder relations both externally and with internal cross functional teams.
Embed the relationship management framework by co-ordinating performance review meetings, circulating agreed agendas, minutes and actions.
Maintain a detailed activity tracker for each commercial partner.
Proactive role in implementing tactical commercial trading initiatives ensuring that financial implications are considered, and business cases are robust.
Support the maintenance of the risk register (as applicable), providing evidence and commentary for controls, updates for mitigating actions and maintaining control matrices and attestations.
Comply with the requirements, and act in accordance with, the Group Code of Conduct and Fitness and Propriety policies at all times.
Ensure compliance with Company Policies, Values and guidelines and other relevant standards/ regulations at all times.
Any other reasonable duties.
Qualification
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Required
Understanding of insurance/financial services industry, its products and key regulations
Proven problem solving skills, with experience of identifying improvements to products or services
Great communication skills, comfortable with both verbal and written mediums
Experience of working within a highly regulated environment
Confidence in interacting and working with Manager’s, both internal and external
Supporting or managing commercial relationships
Excellent understanding of motor insurance, ancillary products and the motor insurance industry
Detailed knowledge of aggregator sites and their commercial operation
Detailed understanding of the business objectives
Knowledge of FCA requirements (including TCF)
Excellent communication skills, both verbal and written
Report writing
Good time management and organisation skills
Attention to detail
Problem solving skills with the ability to adopt a logical approach to solving problems
Ability to distil complex information into an easily digestible format to key stakeholders where key messages are clear
Excellent literacy and numeracy skills
Strong presentation skills
Be confident in prioritising and balancing competing work streams
Good to advanced working knowledge of Microsoft products, particularly Word & Excel
Professional, confident and personable
A flexible approach and positive attitude
Customer centric
Ability to manage multiple projects effectively and within deadline
An organised and pro-active approach
Able to work on own initiative and as part of a team
Attention to detail
Able to work collaboratively with internal and external stakeholders
Strives to drive business improvements to contribute to the success of the business
Commercially focused
Self-motivated and enthusiastic
Target driven and results focused
Strong sense of empathy
Analytical by nature with the focus on data-based decision making
A driven attitude to deliver change and rapidly overcome obstacles
An agile approach to project management and able to rapidly react to changes in business priorities to take advantage of emerging business and customer opportunities
A flexible approach and positive attitude
Preferred
Product management experience/exposure
Knowledge of specifically the motor insurance industry
Company
First Central
First Central is an insurance agency that provides rewarded benefits, underwriting, and car insurance services.
Funding
Current Stage
Late StageCompany data provided by crunchbase