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Relationship Manager

The Relationship Manager – Insurance role specifically falls within the Insurance Relationship Management Team, which is part of Vitesse’s broader Commercial Sales Team, reporting to our Relationship Director and VP of Relationship Management. The Sales Team has a number of different responsibilities with the overarching aim of growing revenues across both existing and new customers.

We’re looking for a Relationship Manager to join our Team in Holborn, London. You will be working closely with our Relationship Directors to build strong relationships and support commercial growth across our insurance client base. Through proactive engagement, you will gain exposure to all products, solutions and processes to support our customers’ businesses. You will work alongside various Product and Operations teams to deliver exceptional levels of customer service, whilst supporting the Relationship Directors to grow revenues for a portfolio of insurance clients

• Drive revenue growth across insurance customers, working alongside Relationship Directors to execute the broader sales strategy.

• Develop strong relationships with our existing customers through proactive engagement, effective communication and a deep understanding of our product offering.

• Adopt a value-based approach: demonstrate the value of our capabilities to influence decision-makers, internal and external, through informed and constructive conversations such as; product developments, service levels, managing client expectations, strategic planning and growth targets.

• Collaborate closely with colleagues across the organisation to ensure all customer requirements/needs can be satisfied in an efficient and timely manner.

• Leveraging industry expertise and client feedback improve our insurance proposition. Work closely with Client Solutions, Operations and Product teams to create more value for our existing client base.

• Effectively communicate our proposition to the market.

• Maintain an accurate database of customer information through effective CRM (Salesforce) management.

• Create and develop client presentations and sales pitch materials to support customer conversations.

• Analytical mindset - ability to utilise data to support strategy and decisions.

• Ability to create and build effective PowerPoint presentations for internal and external stakeholders

• Effective communicator and good listening skills are essential.

• Ability to build and grow sustainable client relationships.

• Ability to prioritise workloads and complete tasks in a timely manner.

• Ability to work effectively in a team environment.

• Customer-orientated focus.

• Passion for start-ups with a mentality to get your hands dirty!

    • 25 days Holiday per year (increasing by 1 day per years' service, up to 30 days) + Bank Holidays  
    • Hybrid working arrangements – minimum 2 days in the office, Tuesday - Thursday 
    • Contributory pension scheme  
    • Enhanced Parental leave   
    • Cycle to Work Scheme  
    • Private Medical Insurance with AXA 
    • Unlimited access to therapy sessions through our partner, Oliva   
    • Discounted Gym membership through Gympass 
    • Financial Coaching with Octopus Wealth  
    • 2 days of volunteering leave per year  
    • Sabbatical after 5 years’ service   
    • Life Assurance - MetLife (UK employees only)
    • Ongoing Learning and Development to support you reach your career goals  

We are Vitesse – the payment provider of choice for the insurance and treasury industry.  

Formed in 2014 by a team of proven FinTech entrepreneurs, we are an FCA regulated payments business that is driven to be the payment partner of choice for the insurance market, by providing global payment services and treasury optimisation.  Operating one of the largest domestic banking and payment settlement networks in the world, we give our customers direct access to more than 170 countries and territories, covering over 110 currencies. Through a single integration, insurers can use this network to pay claims in as fast as 45 seconds, delivering a better customer experience to their claimants.  Our market-leading treasury optimisation service brings complete control and transparency to insurers and allows them to have their money in the right place, at the right time, to make that all important payment - fast, and when their customers need it most.   

With now over 160 employees across Europe and our London headquarters, $26m series B funding in 2022 in the bag and approaching £8bn in processed transactions, we are only just getting started.     

We are collaborative, customer centric and work with integrity, whilst partnering with some of the biggest insurance leaders including Lloyd’s of London and Many Pets. We take huge pride in our company culture, ensuring that everyone has a part to play, an opportunity to be heard, be involved, and the ability to make a real difference.   

As we continue to scale up, we want like-minded humans to join us on this exciting journey.  Are you ready?  

Vitesse at our best – our values 

The Vitesse values are a true reflection of what it takes to thrive in our business, so it’s important to us that any employee who joins our business is aligned with these 3 attributes 

Confident Humility 

We don’t do ego and we know that unless we all win, none of us win. We admit when we’re wrong, ask for help and always think about the wider business before ourselves.

Driven to Succeed 

We see the opportunity ahead of us and we won’t stop until we fulfil the potential we know we have. We hold ourselves to high standards and deliver high quality outcomes for Vitesse and our customers.  

Tenacious Responsibility 

We take ownership for our actions and decisions, and face into the challenges that come our way. We are committed to seeing things through to completion, even in the face of adversity. 

We are an Equal Opportunity Employer  We are committed to creating an inclusive environment that enables everyone to perform at their best, where we recognise the rights of all individuals to mutual respect and where there is an unbiased acceptance of others. Our policies and practices aim to promote an environment that is free from all forms of Unfair discrimination and values the diversity of all people. At the heart of our policy, we seek to treat people fairly and with dignity and respect.  

What You Should Know About Relationship Manager, Vitesse PSP

If you're passionate about the insurance industry and love building strong relationships, the Relationship Manager position at Vitesse might just be the perfect fit for you! As a key player in the Insurance Relationship Management Team, you'll team up closely with our Relationship Directors to foster connections and drive commercial growth among our insurance clients. Based in our vibrant Holborn office, you'll proactively engage with customers to understand their needs and leverage our innovative products and services. Your responsibilities will range from delivering outstanding customer service to collaborating with various teams to ensure our clients receive unparalleled support. We're looking for someone who can adopt a value-based approach, influencing key decision-makers through informative discussions. You’ll get to use your analytical mindset to support growth strategies and will maintain an accurate CRM database to track customer interactions. With Vitesse, you won’t just work in a role; you’ll be part of a visionary company that aims to redefine payment solutions in the insurance sector, offering fast payment services to clients and an exceptional culture for its employees. Plus, enjoy attractive perks like hybrid working options, generous time off, and ongoing learning opportunities to help you achieve your career goals. Ready to make an impact and be part of a team that values confidence, determination, and responsibility? Let’s connect and explore the future of payment solutions together!

Frequently Asked Questions (FAQs) for Relationship Manager Role at Vitesse PSP
What are the key responsibilities of a Relationship Manager at Vitesse?

As a Relationship Manager at Vitesse, you'll be responsible for driving revenue growth among insurance clients, developing strong client relationships, and communicating Vitesse's product offerings effectively. Your role will involve proactive engagement with customers, collaborating with various teams for timely service, and employing an analytical approach to strategy.

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What qualifications do I need to become a Relationship Manager at Vitesse?

To qualify for the Relationship Manager position at Vitesse, candidates should possess strong communication and interpersonal skills, a solid understanding of the insurance industry, and experience in relationship management. Proficiency in CRM software and an analytical mindset to support decision-making are also essential.

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How does the Relationship Manager contribute to team success at Vitesse?

The Relationship Manager plays a crucial role in the success of Vitesse's Insurance Relationship Management Team by building sustainable client relationships, collaborating with internal departments, and executing sales strategies that drive revenue growth. Your efforts help create a better customer experience and support the overall mission of Vitesse.

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What is the work culture like at Vitesse for a Relationship Manager?

At Vitesse, the work culture for a Relationship Manager is collaborative, customer-centric, and fosters a sense of ownership and responsibility. Employees are encouraged to engage actively, be heard, and contribute to the company's growth while adhering to values like confident humility, a drive to succeed, and tenacious responsibility.

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What benefits can I expect as a Relationship Manager at Vitesse?

As a Relationship Manager at Vitesse, you can expect a competitive benefits package that includes 25 days of holiday, hybrid working arrangements, a contributory pension scheme, enhanced parental leave, private medical insurance, and access to personal development opportunities. The company also supports volunteering and offers various wellness initiatives.

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Common Interview Questions for Relationship Manager
How do you build long-lasting relationships with clients?

To build long-lasting relationships with clients, it’s essential to focus on effective communication, listen actively to their needs, and follow up regularly. Providing value through informed discussions and being responsive to their queries reinforces trust and demonstrates commitment to their success.

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Can you describe a time you successfully influenced a decision-maker?

In previous roles, I've influenced decision-makers by conducting thorough research about their needs and presenting relevant data to demonstrate how our offerings could solve their problems. It’s important to tailor your approach to align with their priorities and communicate effectively.

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What strategies do you use to manage multiple client accounts?

Managing multiple client accounts involves establishing priorities based on client needs and urgency. Utilizing CRM tools helps keep track of interactions and reminders, while setting aside dedicated time for strategic planning ensures that each client receives adequate attention and support.

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How do you adapt your sales strategies to different clients?

Adaptability in sales strategies involves understanding the unique needs and pain points of each client. By customizing presentations and discussions to highlight how Vitesse’s products meet their specific challenges, you can create a more engaging and effective sales approach.

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What metrics do you consider when assessing client success?

When assessing client success, key metrics to consider include client satisfaction scores, revenue growth from the account, retention rates, and feedback received during engagement. These metrics provide insights into the health of the relationship and guide future strategies.

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How would you handle a difficult client situation?

Handling a difficult client situation starts with active listening, ensuring the client feels heard. Acknowledging their concerns is crucial, followed by transparent communication about potential solutions. Working collaboratively to find an agreeable resolution can often turn the situation around.

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What role does teamwork play in your approach as a Relationship Manager?

Teamwork is fundamental to my approach as a Relationship Manager. Collaborating with internal teams, sharing insights, and leveraging diverse expertise enhance customer support and overall strategy execution. A cohesive effort often leads to better outcomes for clients.

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How do you keep yourself updated with industry trends?

I keep myself updated with industry trends by reading relevant publications, attending webinars, and participating in networking events. Additionally, subscribing to newsletters and following thought leaders on social media provides valuable insights into emerging market dynamics.

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Describe a situation where you enhanced customer satisfaction.

In my previous role, I enhanced customer satisfaction by initiating regular feedback sessions with clients, addressing their concerns promptly, and tailoring solutions based on their input. This proactive approach not only improved satisfaction but also strengthened client relationships.

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How do you ensure effective communication with your clients?

To ensure effective communication with clients, I prioritize clarity and consistency in my messages. Regular check-ins, prompt responses to their inquiries, and adapting my communication style to their preferences create a positive dialogue and build trust over time.

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Vitesse PSP provides cross-border payment services to banks and businesses via a globally distributed settlement network. The company is based in the UK.

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Full-time, hybrid
DATE POSTED
December 22, 2024

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