Principal Consultant (Insurance) Specialty Markets
Principal Consultant (Insurance) Specialty Markets

Principal Consultant (Insurance) Specialty Markets

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

  • Tasks: Lead client projects and develop business strategies in the insurance sector.
  • Company: Join Altus Consulting, a top UK management consultancy focused on transforming financial services.
  • Benefits: Enjoy hybrid working, competitive salary, bonuses, and a range of health and wellness perks.
  • Why this job: Be part of exciting projects that make a real difference in the financial services industry.
  • Qualifications: 15+ years in insurance with strong business development and relationship-building skills required.
  • Other info: Diversity is valued; all applicants are encouraged to apply regardless of background.

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

Who are Altus Consulting? Our business was founded in 2005 with the belief that Financial Services should be faster and more efficient, and has subsequently grown to become a leader in strategic consulting and technology across Insurance, encompassing General Insurance, Specialty Markets, Protection and Health. Now part of a 1,000 people strong Financial Services solutions business, Equisoft, that works with over 250 firms around the globe, Altus Consulting today has a team of around 100 consultants working on some of the industry’s most complex problems and largest transformations. For the last three years Altus Consulting has been recognised in the Financial Times list of top UK Management Consulting firms. Headquartered in the beautiful city of Bath, with offices in central London, Altus Consulting’s mission is to drive positive transformation in Financial Services for the benefit of our clients and their customers. Whether that’s through bold strategy, robust designs, innovative technology or reliable delivery, our people are passionate about the work they undertake in partnership with our clients, and about improving the industry they work in.

Why choose Altus Consulting? We are a fast-growing, ambitious organisation that offers genuine career advancement whilst working in a collaborative and highly stimulating environment. We are not your typical management consultancy: if you are passionate about Financial Services and delivering business or technology solutions that make a genuine difference to clients and to society, then Altus is the place for you – for most roles, you don’t even need to have prior Consulting experience. We provide an inclusive, positive, safe business for all of our team to work in.

In return you can expect:

  • The opportunity to work on some of the most interesting projects in Financial Services, around the globe.
  • Supported by a close-knit team of industry and technology experts and using our tried and tested consulting toolkit, you’ll be given full training and support as you progress through your career as a consultant and participate in growing the business.
  • Hybrid and flexible working
  • Highly competitive salary + performance bonuses
  • Sales and Profit bonus schemes
  • Private medical insurance, life insurance, dental insurance, childcare vouchers, cycle-to-work scheme, pension matched contribution and a range of other benefits
  • Charitable/volunteering days, including participating in our children’s Financial Literacy programme
  • Discounted sports membership and a broad range of social events

The Role:

The Principal Consultant role at Altus is a key role in the Consulting division, reporting to the Specialty Markets Practice Director. You will be responsible for winning and leading client delivery across our Specialty Markets practice. This role will play a key part in the ambitious growth of Specialty Markets and the wider Insurance Consulting practice over the next few years.

Responsibilities:

  • Deliver client engagements, collaborating with Altus Consultants and client change teams to deliver exceptional outcomes for our clients.
  • Draw from your own established and Altus’ existing network to generate new business opportunities.
  • Build long-term relationships with Specialty Insurance businesses in the Altus name to build advocacy and potential business opportunities for the whole Altus business.
  • Own, create and lead business proposals / RFPs / contracts and ultimately win business.
  • Be responsible for client accounts, fostering and growing relationships, generating follow on sales and new business opportunities.
  • Support and contribute to the development and enhancement of Altus business strategy, insurance proposition and methodology.

Requirements:

  • 15+ years experience in the Insurance industry, with particular focus on Lloyd’s and the London Market
  • Experience in strategy, change, operational or technical roles within Insurance
  • Experience in business development with experience of building and winning bids for client work
  • Experience in writing proposals to secure business sign off or budget
  • Excellent understanding of the drivers and future direction of the industry
  • Well networked across the Insurance Industry at a senior level
  • Extremely thorough, inquisitive and hard working behaviours
  • A genuine desire to improve outcomes for clients and consumers
  • Excellent people and communication skills, able to confidently converse with clients and stakeholders
  • Proven track record of building strong business relationships
  • Innovative and with a strong ability to articulate ideas, bringing them to life visually and presenting them to clients and stakeholders
  • Good understanding of IT fundamentals and different categories of FS systems
  • Genuine passion and enthusiasm to make a difference for Altus
  • A willingness to travel and undertake varying roles

Don’t worry If you don't meet all the requirements, we still want to hear from you!

Altus Consulting is wholly owned by Equisoft Inc. Equisoft is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Principal Consultant (Insurance) Specialty Markets employer: EquiSoft inc.

Altus Consulting is an exceptional employer, offering a dynamic and collaborative work environment in the picturesque city of Bath. With a strong focus on employee growth, we provide comprehensive training and support, alongside competitive salaries and a range of benefits including private medical insurance and flexible working arrangements. Join us to work on impactful projects in Financial Services while being part of a diverse team that values innovation and positive transformation.
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Contact Detail:

EquiSoft inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal Consultant (Insurance) Specialty Markets

✨Tip Number 1

Network strategically within the Insurance industry, especially focusing on Lloyd's and the London Market. Attend industry events, webinars, and conferences to connect with key players and showcase your expertise.

✨Tip Number 2

Familiarise yourself with Altus Consulting's recent projects and case studies. Understanding their approach and successes will help you articulate how you can contribute to their growth in Specialty Markets during discussions.

✨Tip Number 3

Prepare to discuss your business development strategies and past successes in winning bids. Be ready to share specific examples of how you've built relationships and generated new business opportunities in your previous roles.

✨Tip Number 4

Showcase your passion for improving outcomes in Financial Services. During interviews, emphasise your commitment to client success and how your innovative ideas can drive positive transformation at Altus Consulting.

We think you need these skills to ace Principal Consultant (Insurance) Specialty Markets

Extensive knowledge of the Insurance industry, particularly Lloyd's and the London Market
Business development expertise
Strong proposal writing skills
Client account management
Strategic thinking and planning
Excellent communication and interpersonal skills
Ability to build and maintain strong business relationships
Experience in leading client engagements
Understanding of operational and technical roles within Insurance
Proficiency in articulating and presenting ideas visually
Networking capabilities at a senior level within the Insurance industry
Analytical skills to understand industry drivers and trends
Passion for improving client outcomes
Adaptability and willingness to travel

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your 15+ years of experience in the Insurance industry, particularly focusing on Lloyd’s and the London Market. Emphasise any relevant roles in strategy, change, or operational positions.

Craft a Compelling Cover Letter: In your cover letter, express your genuine passion for improving outcomes in Financial Services. Mention specific examples of how you've successfully led client engagements or won business proposals in the past.

Showcase Your Network: Highlight your established network within the Insurance industry. Discuss how you can leverage these connections to generate new business opportunities for Altus Consulting.

Demonstrate Your Communication Skills: Use clear and concise language throughout your application. Showcase your ability to articulate ideas effectively, as this is crucial for the Principal Consultant role. Consider including examples of successful presentations or stakeholder interactions.

How to prepare for a job interview at EquiSoft inc.

✨Showcase Your Industry Knowledge

Given the focus on the Insurance industry, especially Lloyd’s and the London Market, make sure to brush up on current trends and challenges. Be prepared to discuss how these factors influence business strategies and client outcomes.

✨Demonstrate Business Development Skills

Highlight your experience in generating new business opportunities and building long-term relationships. Prepare examples of successful bids or proposals you've led, as this will be crucial for the role.

✨Communicate Effectively

Strong communication skills are essential for this position. Practice articulating your ideas clearly and confidently, especially when discussing complex concepts. Consider how you can visually present your ideas during the interview.

✨Express Your Passion for Transformation

Altus Consulting values a genuine desire to improve outcomes for clients. Be ready to share your motivations for wanting to work in this field and how you envision making a difference through your role.

Principal Consultant (Insurance) Specialty Markets
EquiSoft inc.
Location: Bath
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  • Principal Consultant (Insurance) Specialty Markets

    Bath
    Full-Time
    72000 - 108000 £ / year (est.)
  • E

    EquiSoft inc.

    50-100
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