Insurance Manager- Financial Lines - London

Insurance Manager- Financial Lines - London

London Full-Time 60000 - 80000 € / year (est.) No home office possible
Boston Consulting Group

At a Glance

  • Tasks: Manage global financial lines insurance programs and support strategic objectives.
  • Company: Join Boston Consulting Group, a leader in business strategy and transformation.
  • Benefits: Competitive salary, diverse team culture, and opportunities for professional growth.
  • Other info: Dynamic team with a focus on education and proactive risk management.
  • Why this job: Make an impact by driving innovative risk management solutions in a collaborative environment.
  • Qualifications: Bachelor's degree and 5-7 years of experience in risk management or insurance.

The predicted salary is between 60000 - 80000 € per year.

Who We Are

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.

What You'll Do

  • 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.
  • 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.

You're Good At

  • 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.

What You'll Bring

  • Bachelors 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.

Who You'll Work With

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 - London employer: Boston Consulting Group

At Boston Consulting Group, we pride ourselves on being an exceptional employer, offering a collaborative and inclusive work culture that fosters innovation and professional growth. As an Insurance Manager in our London office, you will benefit from a dynamic team environment, access to cutting-edge resources, and opportunities for continuous learning, all while contributing to impactful projects that drive meaningful change in the industry.

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 - London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work at BCG or similar firms. A friendly chat can open doors and give you insider info on the role.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of financial lines insurance. Be ready to discuss how your experience aligns with BCG's strategic objectives and how you can contribute to their global insurance team.

✨Tip Number 3

Showcase your proactive mindset! During interviews, share examples of how you've anticipated issues in past roles and developed effective solutions. This will highlight your risk management skills and fit for the position.

✨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 serious about joining the BCG team and contributing to their mission.

We think you need these skills to ace Insurance Manager- Financial Lines - London

Risk Management
Insurance Expertise
Data Analysis
Communication Skills
Project Management
Contract Review
Proactive Problem-Solving

Some tips for your application 🫑

Tailor Your Application:Make sure to customise your CV and cover letter for the Insurance Manager role. Highlight your relevant experience in risk management and insurance, and show how it aligns with BCG's objectives. We want to see how you can contribute to our team!

Showcase Your Skills:Emphasise your strong communication skills and ability to work within a team. Mention any experience you have with Risk Management Information Systems like Origami, as this will definitely catch our eye. We love seeing candidates who can articulate complex concepts clearly!

Be Proactive:In your application, demonstrate your proactive mindset. Share examples of how you've anticipated issues and developed effective solutions in past roles. We value self-starters who can manage multiple tasks efficiently and produce high-quality work independently.

Apply Through Our Website:Don't forget to submit your application through our website! This ensures that your application gets to the right people quickly. Plus, it’s the best way to stay updated on your application status. We can't wait to hear from you!

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 share any relevant experiences you've had in managing similar insurance programs.

✨Showcase Your Team Spirit

Since this role involves collaboration across various teams, highlight your ability to work well within a team. Share examples of how you've valued diverse perspectives and contributed to shared success in previous roles.

✨Communicate Clearly

Practice articulating complex insurance concepts in a way that's easy to understand. You might be asked to explain risk management ideas to non-experts, so being clear and concise is key. Think about how you can simplify your explanations without losing the essence of the information.

✨Stay Ahead of Trends

Familiarise yourself with current industry trends and regulatory changes. Be prepared to discuss how these developments could impact the role and the company. Showing that you're proactive and knowledgeable will demonstrate your commitment to the field.