Principal Consultant (Insurance) Specialty Markets
Principal Consultant (Insurance) Specialty Markets

Principal Consultant (Insurance) Specialty Markets

Full-Time 54000 - 84000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead client engagements and deliver exceptional outcomes in the Insurance sector.
  • Company: Join Altus Consulting, a leader in strategic consulting and technology for Financial Services.
  • Benefits: Enjoy hybrid working, competitive salary, bonuses, and a range of health and wellness perks.
  • Why this job: Be part of a fast-growing team making a real difference in Financial Services globally.
  • Qualifications: 15+ years in Insurance, with strong business development and relationship-building skills required.
  • Other info: Diversity is valued; all applicants are encouraged to apply regardless of background.

The predicted salary is between 54000 - 84000 £ per year.

Principal Consultant (Insurance) Specialty MarketsWho are Altus Consulting?Our business was founded in 2005 with the belief that Financial Services should be faster and more efficient, and has subsequently grown to become a leader in strategic consulting and technology across Insurance, encompassing General Insurance, Specialty Markets, Protection and Health. Now part of a 1,000 people strong Financial Services solutions business, Equisoft, that works with over 250 firms around the globe, Altus Consulting today has a team of around 100 consultants working on some of the industry’s most complex problems and largest transformations. For the last three years Altus Consulting has been recognised in the Financial Times list of top UK Management Consulting firms.Headquartered in the beautiful city of Bath, with offices in central London, Altus Consulting’s mission is to drive positive transformation in Financial Services for the benefit of our clients and their customers. Whether that’s through bold strategy, robust designs, innovative technology or reliable delivery, our people are passionate about the work they undertake in partnership with our clients, and about improving the industry they work in.Why choose Altus Consulting?We are a fast-growing, ambitious organisation that offers genuine career advancement whilst working in a collaborative and highly stimulating environment. We are not your typical management consultancy: if you are passionate about Financial Services and delivering business or technology solutions that make a genuine difference to clients and to society, then Altus is the place for you – for most roles, you don’t even need to have prior Consulting experience. We provide an inclusive, positive, safe business for all of our team to work in.In return you can expect:The opportunity to work on some of the most interesting projects in Financial Services, around the globe. Supported by a close-knit team of industry and technology experts and using our tried and tested consulting toolkit, you’ll be given full training and support as you progress through your career as a consultant and participate in growing the business. Additionally we provide:Hybrid and flexible workingHighly competitive salary + performance bonusesSales and Profit bonus schemesPrivate medical insurance, life insurance, dental insurance, childcare vouchers, cycle-to-work scheme, pension matched contribution and a range of other benefitsCharitable/volunteering days, including participating in our children’s Financial Literacy programmeDiscounted sports membership and a broad range of social eventsThe Role:The Principal Consultant role at Altus is a key role in the Consulting division, reporting to the Specialty Markets Practice Director. You will be responsible for winning and leading client delivery across our Specialty Markets practice. This role will play a key part in the ambitious growth of Specialty Markets and the wider Insurance Consulting practice over the next few years.Responsibilities:Deliver client engagementsLead client engagements, collaborating with Altus Consultants and client change teams to deliver exceptional outcomes for our clients.Business developmentDraw from your own established and Altus’ existing network to generate new business opportunities.Build long-term relationships with Specialty Insurance businesses in the Altus name to build advocacy and potential business opportunities for the whole Altus business.Own, create and lead business proposals / RFPs / contracts and ultimately win business.Account managementBe responsible for client accounts, fostering and growing relationships, generating follow on sales and new business opportunities.Strategy and propositionSupport and contribute to the development and enhancement of Altus business strategy, insurance proposition and methodology,Requirements:15+ years experience in the Insurance industry, with particular focus on Lloyd’s and the London MarketExperience in strategy, change, operational or technical roles within InsuranceExperience in business development with experience of building and winning bids for client workExperience in writing proposals to secure business sign off or budgetExcellent understanding of the drivers and future direction of the industryWell networked across the Insurance Industry at a senior levelExtremely thorough, inquisitive and hard working behavioursA genuine desire to improve outcomes for clients and consumersExcellent people and communication skills, able to confidently converse with clients and stakeholdersProven track record of building strong business relationshipsInnovative and with a strong ability to articulate ideas, bringing them to life visually and presenting them to clients and stakeholdersGood understanding of IT fundamentals and different categories of FS systemsGenuine passion and enthusiasm to make a difference for AltusA willingness to travel and undertake varying roles Don’t worry If you don\’t meet all the requirements, we still want to hear from you!Altus Consulting is wholly owned by Equisoft Inc. Equisoft is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.Click here to view all career opportunities.We thank you for your interest in our company and we guarantee that all submitted applications will be considered.Only those whose applications are selected will be contacted for interview purposes. By submitting your application, you consent to Equisoft collecting, using & storing your personal data in order to apply for a job and for Equisoft to analyze your application. Due to the nature of its products and services, Equisoft will perform thorough background checks prior to confirming one’s employment. #J-18808-Ljbffr

Principal Consultant (Insurance) Specialty Markets employer: Job Traffic

Altus Consulting is an exceptional employer, offering a dynamic and collaborative work environment in the picturesque city of Bath. With a strong focus on employee growth, we provide comprehensive training and support, alongside competitive salaries and a range of benefits including private medical insurance and flexible working arrangements. Join us to work on impactful projects in Financial Services while being part of a diverse team that values innovation and positive transformation.
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Contact Detail:

Job Traffic Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Principal Consultant (Insurance) Specialty Markets

✨Tip Number 1

Network actively within the Insurance industry, especially focusing on Lloyd's and the London Market. Attend industry events, webinars, and conferences to connect with potential colleagues and clients, which can help you gain insights and opportunities that align with the Principal Consultant role.

✨Tip Number 2

Familiarise yourself with Altus Consulting's recent projects and case studies. Understanding their approach and success stories will not only prepare you for interviews but also allow you to discuss how your experience can contribute to their ongoing initiatives.

✨Tip Number 3

Demonstrate your business development skills by identifying potential clients or partnerships that could benefit from Altus Consulting's services. Prepare a brief outline of how you would approach these opportunities, showcasing your proactive mindset and strategic thinking.

✨Tip Number 4

Highlight your ability to lead and manage client engagements by sharing specific examples from your past experiences. Be ready to discuss how you have successfully navigated complex projects and built strong relationships with clients, as this is crucial for the Principal Consultant position.

We think you need these skills to ace Principal Consultant (Insurance) Specialty Markets

Extensive knowledge of the Insurance industry
Experience in Lloyd’s and the London Market
Business development expertise
Proposal writing and contract negotiation skills
Strong networking abilities within the Insurance sector
Excellent communication and interpersonal skills
Strategic thinking and planning
Client account management
Ability to lead and manage client engagements
Understanding of operational and technical roles in Insurance
Proven track record in building business relationships
Analytical skills for assessing industry trends
Presentation skills for articulating ideas visually
Passion for improving client outcomes
Willingness to travel for client engagements

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your 15+ years of experience in the Insurance industry, particularly focusing on Lloyd’s and the London Market. Emphasise any relevant roles in strategy, change, or operational positions.

Craft a Compelling Cover Letter: In your cover letter, express your genuine passion for improving outcomes in Financial Services. Mention specific examples of how you've successfully built business relationships and won bids in previous roles.

Showcase Your Business Development Skills: Clearly outline your experience in business development within the Insurance sector. Provide examples of how you've generated new business opportunities and fostered long-term client relationships.

Highlight Communication Skills: Demonstrate your excellent people and communication skills by providing examples of how you've effectively communicated with clients and stakeholders. This is crucial for the Principal Consultant role.

How to prepare for a job interview at Job Traffic

✨Understand the Company Culture

Before your interview, take some time to research Altus Consulting's culture and values. They pride themselves on being a collaborative and inclusive environment, so be prepared to discuss how your personal values align with theirs.

✨Showcase Your Industry Knowledge

With over 15 years of experience in the Insurance industry, it's crucial to demonstrate your understanding of the market, especially regarding Lloyd’s and the London Market. Be ready to discuss current trends and challenges in the industry.

✨Prepare for Business Development Questions

As a Principal Consultant, you'll need to showcase your ability to generate new business opportunities. Prepare examples of how you've successfully built relationships and won bids in the past, as this will be a key focus during your interview.

✨Demonstrate Strong Communication Skills

Given the role's emphasis on client engagement, practice articulating your ideas clearly and confidently. Be prepared to discuss how you would present complex information to clients and stakeholders in an engaging manner.

Principal Consultant (Insurance) Specialty Markets
Job Traffic
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