Do you have the business management and product development experience within Insurance to succeed in this role? Apply now to take the next step...

Key Responsibilities:

You will have direct responsibility for the management of the following Commercial products:
o    Buy-to-let
o    Business from Home
o    Office & Surgery
o    Hotel

For these products you will:    
o    Manage and implement strategic initiatives in line with the strategy of Commercial Direct as a whole
o    Be accountable for the profit and loss
o    Management of the proposition through all distribution channels
o    Management of the retail price

Key Deliverables:

•    Proactive input into the Commercial Direct Strategy
•    Successful delivery of the key strategic projects
•    Delivery of the product business plans, including:
-    Income, profit and in force portfolio size objectives
•    Proactive identification of proposition opportunities that will:
-    Enhance the proposition appeal to the target market, or generate profit improvements.
•    Positive working relationships with all relevant RBS Insurance Departments

Other Responsibilities:

•    To optimize growth and profitability of the assigned CD products   
•    To monitor the performance of the assigned CD products, manage prices in line with the agreed strategy and ensure profitability targets are achieved.
•    To work with central functions to develop an in depth knowledge of market and customer insight for the assigned CD products
•    To continually review the customer satisfaction with the product offering and to develop product enhancements or profit improving changes for the assigned CD products.
•    Establish strong & effective relationships with all Commercial and Motor departments particularly Marketing, Underwriting, Operations, E-Commerce and Customer Insight.
•    To proactively input into the wider Commercial Own Brands business activities.
•    To be aware of and comply with the requirements of the Financial Services Authority (FSA) and any other legal/regulatory/risk management frameworks.
•    To develop self in order to maximize personal contribution to the job.
•    Reinforce the culture and core values of Commercial Direct through appropriate behaviors and actions.
•    To focus on costs, process improvements and/or efficiency to contribute to the profitability of the business.

Specialist Skills, Qualifications and Experience

•    Educated to degree level, or relevant professional qualification.
•    Underwriting & Retail Pricing experience
•    Exposure to Product Development
•    Experience of Commercial Insurance market
•    Understanding of Insurance  P&L issues

With us, hard work adds up to more. Our rewards include a generous salary, the opportunity to participate in bonus schemes and discounted Group products. Plus we offer a 21% benefit funding that gives you the option of choosing your own mix of cash and benefits... All of which creates a truly flexible benefits package that fits your changing needs and lifestyle.

Location: Bromley or London
Apply ASAP

If you are having any technical difficulties applying online, please contact us on 0131 626 2312 quoting Ref: 00012056.

Please note as part of our referencing process credit checks will be undertaken.