At a Glance
- Tasks: Lead transformation in underwriting technology and shape the future operating model.
- Company: Leading insurer in the Lloyd's market with a focus on growth and innovation.
- Benefits: Up to £170K salary, bonus, and excellent benefits.
- Other info: Work in a dynamic environment with opportunities for professional growth.
- Why this job: Make a real impact in a high-profile role driving strategic change in insurance.
- Qualifications: Experience in designing Target Operating Models and leading complex transformations.
The predicted salary is between 69750 - 85250 £ per year.
We're hiring: Head of Operating Model & Technology Transformation. I'm working with a leading Insurer looking to appoint an experienced transformation leader to play a pivotal role in its next phase of growth and expansion within the Lloyd's market. With an expanding portfolio of strategic partnerships and ambitions to onboard new MGAs and syndicates, the business is looking to further evolve its operating model, strengthen its partner ecosystem and build the capabilities required to support sustainable growth.
This is a high-profile opportunity to help shape and deliver the Target Operating Model (TOM), translating business strategy into scalable processes, governance, technology and operational capabilities. Alongside the operating model transformation, you will lead the evolution and implementation of core underwriting platforms, ensuring the technology landscape, integrations and onboarding capabilities can support increasing business complexity, new partnerships and future expansion.
We're keen to speak with candidates who bring:
- Proven experience designing and implementing Target Operating Models (TOM) within insurance
- Deep knowledge of the Lloyd's and London Market ecosystem, including its operational, technical, regulatory and governance landscape.
- A strong track record of leading complex business and technology transformations, ideally involving digital underwriting.
- Experience with core underwriting platforms, PAS implementation, systems integration and data migration.
- Experience working with MGAs, Managing Agents and strategic insurance partners, including developing scalable onboarding models.
- Knowledge of London Market digital platforms and infrastructure, including PPL and Velonetic.
- The ability to influence and engage C-suite executives, Board members and senior stakeholders across the business.
The opportunity: Up to £170K base salary + bonus + excellent benefits City of London – 3 days per week in the office. An exciting opportunity for someone who can combine strategic thinking with practical delivery, shape the future operating model and help build a scalable underwriting platform that enables business growth while maintaining the flexibility and partner-centric approach that is so important in the London Market.
Head of Underwriting Technology Transformation – London Insurance Market in City of London employer: i3
As a leading player in the London Market insurance sector, our company offers an exceptional work environment that fosters innovation and collaboration. We prioritise employee growth through continuous learning opportunities and a supportive culture that values diverse perspectives. With competitive compensation packages, including bonuses and benefits, we ensure our team members are rewarded for their expertise and contributions while working on cutting-edge integration projects in a hybrid setting.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Underwriting Technology Transformation – London Insurance Market in City of London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like i3). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like i3. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of Underwriting Technology Transformation – London Insurance Market in City of London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at i3.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at i3. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at i3
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at i3 to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at i3, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding i3's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
