Business Solutions Director - Insurance
Business Solutions Director - Insurance

Business Solutions Director - Insurance

London Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead transformation initiatives and optimize operations in the insurance sector.
  • Company: Join Arch International, a leader in the insurance industry focused on innovation.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional growth and collaboration.
  • Why this job: Make a real impact by driving digitalization and improving customer journeys in insurance.
  • Qualifications: Experience in insurance operations, strong communication skills, and a knack for strategic thinking required.
  • Other info: Work closely with top stakeholders and influence key business decisions.

The predicted salary is between 72000 - 108000 £ per year.

Business Solutions Director – Insurance

Reporting to the COO, this Business Solutions Director role is accountable for outcome delivery of transformation initiatives, and responsible for optimising operations and technology across the customer/employee journey.

Business Solutions Director

Partner with IT and Lean Deployment Specialists to implement automation strategies and other technology-driven workflows

Own and drive improvement in underwriting, operations, and other functions by creating a focus on productivity, digitalisation, Broker / Customer journey

Partner with Business Function Leaders, Product / Class leaders, Strategic Ops managers, and key stakeholders to understand business imperatives across the business and translate to strategic priorities and tactical / continuous improvement initiatives.

Manage Demand for Transformation & tactical improvement initiatives through management of dependencies

Own Business outcome design & traceability through partnering with Head’s of other execution functions (Strategic Portfolio Management, IT, Process Excellence, Strategic Analytics, Data Transformation)

Assess London Market, Lloyd’s initiatives and their alignment to the business priorities

Identify Operational and Tech initiatives required to support UW & other functions across the enterprise

Partner with IT & other execution teams and various UW leaders across the enterprise to define the short- and long-term Ops and Tech roadmap

Skills & Experience

Knowledge & awareness of the entire Insurance value chain – Actuarial, Pricing, Underwriting, Finance, claims, Operations – with a deeper specialism within one or more of these functions

Deep London market / Lloyd’s knowledge & experience of delivering improvements

Deep knowledge and ability to discern operational and tech implications of strategic business plans

Excellent written and oral communication skills, including the ability to exert significant influence and present complex information to varying stakeholder groups

Must demonstrate proficiency in teamwork and interpersonal skills, communication, technical and organisation, complex problem-solving and service skills

Effective communication of enterprise strategy and operational plan to stakeholders and operational enablers across the org

Business Solutions Director - Insurance employer: JSS Transform

As a Business Solutions Director at our company, you will thrive in a dynamic and innovative environment that prioritizes employee growth and collaboration. We offer competitive benefits, a strong focus on work-life balance, and opportunities for professional development, all while being at the heart of London's vibrant insurance market. Join us to lead transformative initiatives that not only enhance operational efficiency but also contribute to a meaningful impact on our customers and the industry.
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Contact Detail:

JSS Transform Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Solutions Director - Insurance

Tip Number 1

Familiarize yourself with the entire insurance value chain, especially focusing on areas like underwriting and operations. This knowledge will help you engage in meaningful conversations with stakeholders and demonstrate your expertise during interviews.

Tip Number 2

Stay updated on the latest trends and initiatives within the London Market and Lloyd's. Understanding current developments will allow you to align your insights with Arch International's priorities and showcase your strategic thinking.

Tip Number 3

Network with professionals in the insurance industry, particularly those involved in transformation initiatives. Building these connections can provide valuable insights and potentially lead to referrals for the Business Solutions Director role.

Tip Number 4

Prepare to discuss specific examples of how you've driven operational improvements and technology integration in previous roles. Highlighting your hands-on experience will demonstrate your capability to deliver results in this position.

We think you need these skills to ace Business Solutions Director - Insurance

Knowledge of the Insurance Value Chain
Actuarial Expertise
Pricing Strategies
Underwriting Processes
Claims Management
Operational Excellence
Deep Knowledge of London Market and Lloyd's
Transformation Initiative Management
Automation Strategy Implementation
Stakeholder Engagement
Excellent Written and Oral Communication Skills
Influencing Skills
Complex Problem-Solving
Teamwork and Interpersonal Skills
Technical Proficiency
Organizational Skills
Strategic Planning and Execution

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly understand the responsibilities and expectations of the Business Solutions Director role. Highlight your experience in transformation initiatives and operational optimization in your application.

Showcase Relevant Experience: Emphasize your knowledge of the insurance value chain, particularly in areas like underwriting, pricing, and operations. Provide specific examples of how you've driven improvements in these areas.

Highlight Communication Skills: Since excellent communication skills are crucial for this role, ensure your application reflects your ability to present complex information clearly. Use concise language and structure your thoughts logically.

Tailor Your Application: Customize your CV and cover letter to align with the job description. Mention your familiarity with the London market and any relevant strategic initiatives you've been involved in, demonstrating your fit for the position.

How to prepare for a job interview at JSS Transform

Understand the Insurance Value Chain

Make sure you have a solid grasp of the entire insurance value chain, including actuarial, pricing, underwriting, finance, claims, and operations. Be prepared to discuss your experience in these areas and how it relates to the role.

Showcase Your Transformation Experience

Highlight specific examples of transformation initiatives you've led or been a part of. Discuss the outcomes and improvements achieved, especially in underwriting and operations, to demonstrate your capability in driving change.

Communicate Effectively with Stakeholders

Prepare to articulate complex information clearly and concisely. Practice presenting your ideas to different stakeholder groups, as effective communication is key to influencing and aligning teams towards strategic priorities.

Demonstrate Teamwork and Interpersonal Skills

Be ready to provide examples of how you've successfully collaborated with cross-functional teams. Emphasize your ability to work with IT, Lean Deployment Specialists, and other leaders to achieve common goals.

Business Solutions Director - Insurance
JSS Transform
J
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