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 industry leaders.
- Qualifications: 8-10+ years of experience, strong interpersonal skills, and a master's degree preferred.
- Other info: Collaborate globally and contribute to impactful projects in a fast-growing team.
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:
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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.
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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.
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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.
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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).
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Reporting: Set up and lead internal process related to data gathering and reporting, involving multiple functions and databases.
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Knowledge Management: Work closely the Knowledge Team to ensure key knowledge assets are up-to-date and accessible.
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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
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Self-starting with a strong work ethic, entrepreneurial drive to work autonomously and in a multinational team
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Leading others, including senior business leaders in clarifying problems and developing solutions by building cross-topic/sector partnerships – building consensus, persuading and influencing.
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Operating effectively in a matrix organization with the ability to prioritize and make decisions, managing ambiguity with a high level of comfort
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Complex project management with the ability to multi-task and drive advanced strategic analysis (beyond data) and leverage results for impact
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Managing senior stakeholders, building consensus, and being a strong team player across seniority levels and geographies with a strong presence and maturity
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Motivating others to deliver the highest standards, providing direction, mentoring and coaching.
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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
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Master’s degree preferred
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BCG experience preferred, ideally in Sector/Offer/BD Management or on the Consulting Team (equivalent to Project Leader)
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Role related certifications preferred
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Ability to manage and drive area of accountabilities, contributing to higher level agenda setting
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Ability to lead more complex, broader sub functional teams or projects fully independently and provide direction to others
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Ability to resolve complex issues and non-defined problems autonomously, with full business acumen
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Strong interpersonal skills, credibility
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Ability to influence senior stakeholders
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Ability to respect sensitive client, BCG, and people related information as personal and confidential
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Strong written and verbal communication skills
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Strong team collaboration skills
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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
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 their 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, which can be beneficial for your approach.
✨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
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 ability to lead complex projects and manage senior stakeholders.
Craft a Compelling Cover Letter: In your cover letter, express your entrepreneurial drive and self-starting nature. Discuss specific examples of how you've successfully influenced senior stakeholders and built consensus in previous roles.
Showcase Your Skills: Highlight your advanced knowledge in tools like PowerPoint and Excel, as well as any experience with Tableau or Alteryx. Mention your strong written and verbal communication skills, which are crucial for this role.
Demonstrate Cultural Fit: Research BCG's values and culture. In your application, reflect on how your work ethic and integrity align with their commitment to authenticity and collaboration. This will show that you are not just a fit for the role, but also for the company.
How to prepare for a job interview at Boston Consulting Group
✨Show Your Business Acumen
Demonstrate your understanding of the insurance industry and BCG's role within it. Be prepared to discuss current trends, challenges, and opportunities in the market, showcasing your ability to think strategically.
✨Highlight Cross-Functional Collaboration
Prepare examples of how you've successfully worked with diverse teams across different functions. Emphasize your experience in building consensus and influencing senior stakeholders, as this is crucial for the role.
✨Demonstrate Project Management Skills
Be ready to discuss complex projects you've managed, focusing on your ability to prioritize tasks, manage ambiguity, and deliver results. Use specific metrics or outcomes to illustrate your impact.
✨Communicate Effectively
Strong written and verbal communication skills are essential. Practice articulating your thoughts clearly and concisely, and be prepared to present ideas or strategies that align with BCG's commercial agenda.