Business Development Senior Manager- Insurance Practice Area
Business Development Senior Manager- Insurance Practice Area

Business Development Senior Manager- Insurance Practice Area

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

At a Glance

  • Tasks: Lead business development in the Insurance Practice Area, driving growth and collaboration.
  • Company: Join BCG, a pioneer in strategy consulting with over 50 years of innovation.
  • Benefits: Enjoy a dynamic work environment with opportunities for personal and professional growth.
  • Why this job: Shape the future of insurance consulting while working with top talent globally.
  • Qualifications: 8-10+ years of experience and a Master's degree preferred; strong interpersonal skills required.
  • Other info: BCG values diversity and is committed to equal opportunity employment.

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

Locations : Canary Wharf München Madrid Who We Are BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world\’s best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where we are headed next. We count on your authenticity, exceptional work, and strong integrity. In return we are committed to supporting you in discovering the most fulfilling career journey possible-and unlocking your potential to advance the world. What You\’ll Do As a Business Development Senior Manager within BCG\’s Insurance (INS) Practice Area (PA), you will work closely with the Global and Regional Topic Leaders, as well as Regional Practice Area Leaders and their leadership team in development and growth of the Insurance Practice and shaping and orchestrating the commercial agenda. You will also collaborate closely with the rest of the Practice Area Management and Operations Team, the Knowledge Team, and other global and regional BCG teams as needed. More specifically, activities will include but are not limited to: Business development: Support leadership in market sensing, business development planning and tracking, including aligning on priority clients and offerings. Identify key BD initiatives and commercial opportunities, manage their execution, and report on revenue and lead flow. Go-to-market: Actively drive commercialization of key offerings in close collaboration with our Functional and adjacent Industry Practices. Create go-to-market materials, ensuring Managing Directors and Partners (MDPs) have full access to relevant commercial materials. Competitive intelligence: Gather and analyze information on differentiating IP, business models and offerings of key competitors. Develop recommendations on commercial approach and IP development and design implementation plan. Cross-functional collaboration: Build strong linkages to functional topic leads/product managers in adjacent Functional Practices and align on Topic/Sector priorities and specific go-to-market plans (incl. customized content needed, specific campaigns, priority clients). Reporting: Set up and lead internal process related to data gathering and reporting, involving multiple functions and databases. Knowledge Management: Work closely the Knowledge Team to ensure key knowledge assets are up-to-date and accessible. IP development and commercialization: Identify most relevant opportunities to develop and market new IP together with Topic Leaders and with adjacent Practices. Manage topic IP budget and help drive commercialization of IP to maximize investment. Proactively advance the Insurance commercial agenda through sharing of materials and experiences globally and increasing fluency on critical Practice Area topics. As part of the Business Development BCG community, you will work closely with the Insurance PA topic leadership and the Insurance PA Management and Operations Team, but also with your BD manager colleagues and contribute to the testing / refining and exchange of best practices across the community. You will be joining a fast-growing business at BCG and be part of a dynamic and growing team, helping to shape the future of the practice area management and operations. YOU\’RE GOOD AT Self-starting with a strong work ethic, entrepreneurial drive to work autonomously and in a multinational team Leading others, including senior business leaders in clarifying problems and developing solutions by building cross-topic/sector partnerships – building consensus, persuading and influencing. Operating effectively in a matrix organization with the ability to prioritize and make decisions, managing ambiguity with a high level of comfort Complex project management with the ability to multi-task and drive advanced strategic analysis (beyond data) and leverage results for impact Managing senior stakeholders, building consensus, and being a strong team player across seniority levels and geographies with a strong presence and maturity Motivating others to deliver the highest standards, providing direction, mentoring and coaching. Leading projects, delivering intellectually robust output, and synthesizing complex topics effectively while anticipating and managing risks What You\’ll Bring 8-10+ years of relevant experience Master\’s degree preferred BCG experience preferred, ideally in Sector/Offer/BD Management or on the Consulting Team (equivalent to Project Leader) Role related certifications preferred Ability to manage and drive area of accountabilities, contributing to higher level agenda setting Ability to lead more complex, broader sub functional teams or projects fully independently and provide direction to others Ability to resolve complex issues and non-defined problems autonomously, with full business acumen Strong interpersonal skills, credibility Ability to influence senior stakeholders Ability to respect sensitive client, BCG, and people related information as personal and confidential Strong written and verbal communication skills Strong team collaboration skills Advanced knowledge in Outlook, PowerPoint, and Excel; additionally, knowledge in Tableau, Alteryx, and BIR would be a plus. Who You\’ll Work With The Business Development Manager works closely with the Global and Regional Topic Leader and their global leadership team for setting and executing the commercial agenda. For daily business, the candidate collaborates closely with Practice Area Regional Managers, Practice Area Coordinators, Marketers and Knowledge Experts as well as their peers from adjacent practices. Further collaboration with other global and regional BCG teams occurs as needed. Additional info Practice Area Management & Operations team members keep BCG\’s industry and functional practice areas operating responsively and efficiently. As a member of this team, you will contribute directly to the success of our business through a number of roles, including content development, process management, marketing, meeting and conference management, and internal/external communications. Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws. BCG is an E – Verify Employer. Click here for more information on E-Verify.

Business Development Senior Manager- Insurance Practice Area employer: Boston Consulting Group

At BCG, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through diverse career paths and opportunities for professional development, particularly in our fast-growing Insurance Practice Area located in vibrant hubs like Canary Wharf, Munich, and Madrid. Join us to make a meaningful impact while enjoying the unique advantages of working in a supportive environment that values authenticity and integrity.
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Contact Detail:

Boston Consulting Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Senior Manager- Insurance Practice Area

✨Tip Number 1

Familiarize yourself with BCG's Insurance Practice Area by researching recent projects and initiatives. This will help you understand their strategic priorities and demonstrate your genuine interest during discussions.

✨Tip Number 2

Network with current or former BCG employees, especially those in the Business Development or Insurance sectors. They can provide valuable insights into the company culture and expectations for the role.

✨Tip Number 3

Prepare to discuss your experience in managing complex projects and leading cross-functional teams. Highlight specific examples where you've successfully influenced senior stakeholders and driven business development initiatives.

✨Tip Number 4

Stay updated on industry trends and competitive intelligence within the insurance sector. Being able to speak knowledgeably about market dynamics will set you apart as a candidate who can contribute to BCG's commercial agenda.

We think you need these skills to ace Business Development Senior Manager- Insurance Practice Area

Business Development Strategy
Market Analysis
Stakeholder Management
Project Management
Cross-Functional Collaboration
Competitive Intelligence
Data Analysis and Reporting
Knowledge Management
IP Development and Commercialization
Strong Communication Skills
Leadership and Team Building
Entrepreneurial Mindset
Problem-Solving Skills
Advanced Proficiency in Excel, PowerPoint, and Outlook
Familiarity with Tableau and Alteryx

Some tips for your application 🫡

Tailor Your CV: Make sure to customize your CV to highlight relevant experience in business development, particularly within the insurance sector. Emphasize your leadership roles and any specific projects that align with the responsibilities outlined in the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of BCG's mission and values. Discuss how your background and skills make you a perfect fit for the Business Development Senior Manager role, and provide examples of how you've successfully driven business initiatives in the past.

Highlight Key Skills: In your application, clearly outline your key skills such as project management, stakeholder engagement, and strategic analysis. Use specific examples to demonstrate how you've applied these skills in previous roles, especially in complex environments.

Showcase Your Collaborative Experience: Since the role involves cross-functional collaboration, include examples of how you've worked effectively with diverse teams. Highlight any experience you have in building consensus and influencing senior stakeholders, as this is crucial for success in this position.

How to prepare for a job interview at Boston Consulting Group

✨Showcase Your Business Development Skills

Prepare to discuss your previous experiences in business development, particularly in the insurance sector. Highlight specific initiatives you've led, how you identified opportunities, and the impact of your efforts on revenue growth.

✨Demonstrate Cross-Functional Collaboration

Be ready to provide examples of how you've successfully collaborated with different teams or departments. Emphasize your ability to build consensus and influence stakeholders across various levels, showcasing your interpersonal skills.

✨Prepare for Complex Problem Solving

Expect questions that assess your problem-solving abilities. Prepare to discuss complex issues you've faced in past roles and how you approached them, focusing on your analytical skills and strategic thinking.

✨Familiarize Yourself with BCG's Culture

Research BCG's values and culture to align your responses with their expectations. Be prepared to discuss how your personal values and work ethic resonate with BCG's commitment to authenticity, integrity, and collaboration.

Business Development Senior Manager- Insurance Practice Area
Boston Consulting Group
B
  • Business Development Senior Manager- Insurance Practice Area

    London
    Full-Time
    72000 - 108000 £ / year (est.)

    Application deadline: 2027-01-31

  • B

    Boston Consulting Group

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