At a Glance
- Tasks: Lead sales in the insurance sector, driving business development and closing high-value deals.
- Company: Join EXL, a global leader in analytics and digital solutions with a collaborative culture.
- Benefits: Enjoy competitive salary, generous bonuses, private healthcare, and flexible hybrid working.
- Why this job: Make a significant impact in the insurance industry while advancing your career.
- Qualifications: 10+ years in insurance sales with proven big-deal experience and strong client relationships.
- Other info: Diverse workplace committed to employee growth and well-being.
The predicted salary is between 43200 - 72000 £ per year.
Location: London, United Kingdom (Flexible hybrid working)
Employment Type: Permanent
Summary of the role:
As Vice President, Sales - Insurance, you will be responsible for identifying business development opportunities within the Insurance domain, either through existing logos or where EXL has not had a previous relationship. It is expected that the successful candidate will bring experience within the Insurance market, specifically through Personal Lines.
Responsibilities:
- Be responsible for the sales cycle from deal origination to closure (signed contract) and successful handover to the Operation Management.
- Drive business development activities and account acquisition by effectively identifying and translating client needs.
- Bring an understanding of the insurance sector and competitor offerings to drive EXL's growth strategy and position its products and services effectively.
- Be responsible for significantly growing EXL revenues.
- Collaborate and develop 3rd party and advisor relations and generate opportunities from this channel.
- Propose, submit and handle proposals with full ownership and accountability for the opportunity.
- Work closely with the sales enablement teams to ensure high quality of proposals.
- Ensure optimal deployment of resources to achieve business goals.
- Architecture of proposals (RFP/RFIs) to evince client interest.
- Work effectively across the EXL organisation and partner with the appropriate team members to demonstrate the depth and breadth of EXL's solutions.
- Be a key intermediary between the service delivery team and the customer.
Experience required:
- Big-deal experience – Proven experience in closing deals with ACV > $2M and TCV > $10M.
- Balance multiple, concurrent deals to achieve challenging growth targets.
- Possess established and current relationships with Head of Underwriting, Head of Claims, Transformation Directors, Head of Procurement.
- Bring experience in working with C-Suite executives in the insurance domain.
- Experience with Personal Lines within the Insurance sector is essential.
- Astute at identifying and qualifying leads, able to develop strong relationships at potential client organisations and have the proven ability to convert these relationships into commercial engagements.
- Effectively and proactively managed client's expectations, built deep client partnerships, and developed excellent communication and executive presence to connect at all levels in the organization.
- Experience in selling long-term complex multimillion-dollar products, services, or solutions within the specific markets.
- Ability to communicate confidently at the C-level to build meaningful internal and external relationships.
- Broad functional knowledge within the specific sector and able to connect with a variety of executive-level stakeholders on their specific pain points.
- Experience of leading and directing on and off-shore matrixed teams.
Skills and personal attributes we would like to have:
- Able to work with clients in a consultative way.
- Be a 'trusted advisor' to clients on EXL solution suite.
- Have deep domain and technical acumen.
- Proven influencing and collaboration skills.
- Have an innovative and disruptive mindset, constantly looking forward.
- Relentlessly pursues excellence.
- Structured leadership communication and presentation skills with strong executive presence.
- Strong client/stakeholder management capabilities.
Qualifications essential for the role:
- Minimum – Degree or Post Graduate or equivalent CII Insurance professional qualification.
- 10+ years of post-qualification experience working with Insurance clients.
- Minimum 10 years within consulting environment with BPO solutions.
- Experience with Personal Lines within Insurance is essential.
As part of a leading global analytics and digital solutions company, you can look forward to:
- A competitive salary with a generous bonus, private healthcare, critical illness life assurance at 4 x your annual salary, income protection insurance, and a rewarding pension.
- EXL provides everyday financial well-being solutions, such as cash back cards, in which you can earn cashback while enjoying discounts, promotions, and offers from top retailers.
- We also offer a Cycle Scheme where you can save money on bikes and cycling accessories.
- At EXL, we are committed to providing our employees with the tools and resources they need to succeed and excel in their careers.
- We offer a wide range of professional and personal development opportunities.
- We also support a range of learning initiatives that allow our employees to build on their existing skills and knowledge.
- From online courses to seminars and workshops, our employees have the opportunity to enhance their skills and stay up to date with the latest trends and technologies.
As an Equal Opportunity Employer, EXL is committed to diversity. Our company does not discriminate based on race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, age, or disability status.
EXL employees are eligible to purchase stock as part of our Employee Stock Purchase Plan (ESPP).
At EXL, we offer a flexible hybrid working model that allows employees to live a balanced, healthy lifestyle while strengthening our culture of collaboration.
Note: To be considered for this role, you must already be eligible to work in the United Kingdom.
Vice President - Sales in London employer: exl
Contact Detail:
exl Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President - Sales in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, especially those in the insurance sector. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on your dream job!
✨Tip Number 2
Prepare for those interviews by researching the company and its competitors. Understand their products and services inside out. When you walk into that interview, you want to show them you’re not just another candidate – you’re the one who gets their business and can drive growth.
✨Tip Number 3
Practice your pitch! You need to be able to communicate your value clearly and confidently, especially when dealing with C-suite executives. Role-play with a friend or record yourself to refine your delivery. Remember, first impressions count!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. So, get your application in and let’s make some magic happen!
We think you need these skills to ace Vice President - Sales in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Vice President, Sales role. Highlight your experience in the insurance sector, especially with Personal Lines, and showcase how your skills align with the responsibilities outlined in the job description.
Showcase Your Achievements: Don’t just list your past roles; instead, focus on your big-deal experience. Include specific examples of deals you've closed, particularly those over $2M, and how you’ve driven growth in previous positions. Numbers speak volumes!
Demonstrate Your Industry Knowledge: We want to see that you understand the insurance market and can identify client needs effectively. Use your application to discuss current trends or challenges in the industry and how you can address them with EXL's solutions.
Apply Through Our Website: For the best chance of success, make sure to submit your application through our website. This way, we can easily track your application and ensure it reaches the right people. Plus, it shows you're keen on joining us at EXL!
How to prepare for a job interview at exl
✨Know Your Numbers
As a Vice President in Sales, you’ll need to demonstrate your big-deal experience. Be ready to discuss specific figures related to your past deals, especially those over $2M ACV and $10M TCV. This shows you understand the stakes and can handle significant transactions.
✨Research the Competition
Familiarise yourself with the insurance sector and competitor offerings. This knowledge will help you articulate how EXL's products and services stand out. Prepare to discuss how you can leverage this understanding to drive growth and position the company effectively.
✨Build Relationships
Highlight your established connections with key stakeholders like Heads of Underwriting and Claims. Be prepared to share examples of how you've successfully built and maintained these relationships, as this is crucial for driving business development in the insurance domain.
✨Showcase Your Consultative Approach
Demonstrate your ability to work consultatively with clients. Prepare to discuss how you’ve acted as a trusted advisor in previous roles, addressing client pain points and delivering tailored solutions. This will show that you can connect with C-suite executives and build meaningful partnerships.