At a Glance
- Tasks: Manage global insurance programs and support strategic objectives with innovative solutions.
- Company: Join Boston Consulting Group, a leader in business strategy and transformation.
- Benefits: Competitive salary, diverse team culture, and opportunities for professional growth.
- Why this job: Make an impact in risk management while collaborating with top professionals globally.
- Qualifications: Bachelor’s degree and 5-7 years in risk management or insurance required.
- Other info: Dynamic team environment with a focus on innovation and proactive risk management.
The predicted salary is between 36000 - 60000 £ per year.
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation - inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact. To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
As an Insurance Manager in the Global Insurance team, you will be critical to ensuring we meet our strategic objectives. This key role supports the Senior Insurance team in the execution and administration of the global non-benefits insurance programs. You will work across BCG teams and functions to support our business growth, provide insurance expertise, and leverage new ways of working.
What You’ll Do- Assist with the execution and administration of the global financial lines' insurance programs including Professional Indemnity, Cyber, D&O/EPL, Crime, Fiduciary and other specialty insurance to ensure programs align with overall objectives;
- Lead collection and organization of annual exposure data from key stakeholders, facilitating effective risk analysis and strategic decision-making and act as primary liaison between Global Insurance and Legal Operations, ensuring effective management of Risk Management Information System (Origami);
- Advise local office affiliates regarding their insurance requirements and potential coverage options, ensuring tailored solutions that align with global standards and local needs in collaboration with Senior Global Insurance team;
- Assist with thorough reviews of contracts to ensure insurance requirements are properly addressed and comply with established policies and standards;
- Actively engage in supporting education and training programs designed to elevate understanding and implementation of insurance best practices throughout the organization to foster a culture of proactive risk management and informed insurance decision-making;
- Refine and enhance the existing knowledge reference library for the global insurance team and key stakeholders, ensuring access to current and relevant insurance information, policies, and procedures;
- Keep abreast of industry trends, regulatory changes, and technological advancements in the insurance industry. Evaluate and recommend innovative solutions to enhance the global insurance team’s best practices.
- Demonstrates a strong ability to work within a team, values diverse perspectives, open communication and an environment of shared success
- Proactive; self-starter, capable of managing multiple tasks efficiently and producing high-quality work independently
- Strong communication skills, with the ability to articulate complex insurance and risk management concepts clearly to diverse audiences
- Champion the adoption and implementation of innovative tools and technologies
- Risk management mindset; proactively anticipate issues and developing potential effective solutions
- Bachelor’s degree in Risk Management, Finance, Business Administration, or related field
- 5 to 7 years of relevant experience in risk management and insurance, within a large corporate risk management department, insurance brokerage firm, or an insurance company; global and international program experience preferred
- Risk management designation/certification (CPCU/ARM) or working towards designation desirable
- Experience with Risk Management Information Systems, specifically Origami, a plus
You will join a dynamic six-person global insurance team, positioned within the larger legal team, where you will collaborate across BCG teams and functions including finance, global security, global real estate, procurement, etc. playing a pivotal role in advancing our team’s strategic objectives.
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.
Insurance Manager- Financial Lines in London employer: Boston Consulting Group
Contact Detail:
Boston Consulting Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Manager- Financial Lines in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and risk management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching BCG’s recent projects and initiatives. Tailor your responses to show how your experience aligns with their goals. Remember, it’s all about demonstrating how you can add value to their team!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your knowledge of financial lines and risk management clearly.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the BCG family. Let’s get you that dream job!
We think you need these skills to ace Insurance Manager- Financial Lines in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Insurance Manager role. Highlight your relevant experience in risk management and insurance, and don’t forget to mention any certifications you’re working towards!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a perfect fit for BCG. Be sure to mention specific projects or achievements that showcase your expertise.
Showcase Your Team Spirit: Since collaboration is key at BCG, make sure to highlight your ability to work within diverse teams. Share examples of how you’ve successfully collaborated with others to achieve common goals in your previous roles.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Boston Consulting Group
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of financial lines insurance, especially Professional Indemnity, Cyber, and D&O/EPL. Be ready to discuss how these programs align with strategic objectives and how you've handled similar responsibilities in the past.
✨Showcase Your Team Spirit
Since this role involves collaboration across various teams, be prepared to share examples of how you've successfully worked within a team. Highlight your ability to value diverse perspectives and communicate effectively with different stakeholders.
✨Demonstrate Proactivity
BCG values proactive individuals, so come equipped with examples of how you've anticipated issues in previous roles and developed effective solutions. This will show that you have a risk management mindset, which is crucial for this position.
✨Stay Updated on Industry Trends
Familiarise yourself with the latest trends and regulatory changes in the insurance industry. Being able to discuss innovative solutions or tools you've encountered will demonstrate your commitment to enhancing best practices within the global insurance team.