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.
- Other info: Dynamic environment with a focus on innovation and proactive risk management.
- Why this job: Make an impact in risk management while collaborating with global teams.
- Qualifications: Bachelor's degree and 5-7 years in risk management or insurance.
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.
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.
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
- 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.
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 in London employer: Recruitics
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 Global Insurance team, you will have the opportunity to engage with diverse teams across the globe, contribute to strategic decision-making, and enhance your expertise in risk management within a supportive environment. With a commitment to employee development and a focus on meaningful work, BCG is dedicated to empowering you to thrive in your career while making a significant impact.
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 asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by researching BCG's recent projects and initiatives in the insurance space. Show us that you’re not just another candidate; demonstrate your understanding of how you can contribute to our goals and objectives.
✨Tip Number 3
Practice your pitch! You want to clearly articulate your experience and how it aligns with the role of Insurance Manager. We recommend rehearsing with a friend or in front of a mirror to boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining our team at BCG.
We think you need these skills to ace Insurance Manager- Financial Lines in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in risk management and insurance. We want to see how your skills align with the specific requirements of the Insurance Manager role.
Showcase Your Team Spirit:Since we value collaboration, don’t forget to mention examples of how you’ve worked effectively within a team. Highlight any diverse perspectives you’ve embraced and how they contributed to shared success.
Communicate Clearly:Your written application is your first chance to impress us, so make it count! Use clear and concise language to articulate your experience and understanding of complex insurance concepts. We love a good communicator!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Recruitics
✨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 can contribute to their execution.
✨Showcase Your Team Spirit
Since this role involves collaboration across various teams, highlight your experience working in diverse groups. Share examples of how you've successfully communicated complex insurance concepts to different audiences and fostered a culture of shared success.
✨Be Proactive and Solution-Oriented
Demonstrate your proactive mindset by discussing how you've anticipated issues in past roles and developed effective solutions. This will show that you can manage multiple tasks efficiently while maintaining high-quality work.
✨Stay Updated on Industry Trends
Familiarise yourself with the latest trends and regulatory changes in the insurance industry. Be prepared to discuss innovative solutions you've evaluated or implemented in previous roles, showcasing your commitment to enhancing best practices.