At a Glance
- Tasks: Lead strategic planning and provide insights to shape business objectives in the insurance industry.
- Company: Join a top property casualty insurer with a culture of innovation and collaboration.
- Benefits: Enjoy competitive salary, private medical insurance, generous holiday entitlement, and wellness programmes.
- Other info: Be part of a community-focused company that values diversity and encourages volunteerism.
- Why this job: Make a real impact in a dynamic role that shapes the future of insurance strategy.
- Qualifications: Degree in Business or related field; experience in corporate strategy and insurance markets required.
The predicted salary is between 99000 - 121000 £ per year.
Taking care of our customers, our communities and each other. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration.
The role requires a working command of the insurance value chain - how risk originates and flows from insured through retail broker, wholesale broker and MGA to carrier, where underwriting authority is held or delegated at each step. It requires an understanding of insurance financials: rate adequacy and loss ratio development, the acquisition cost stack, expense ratio drivers, and differing level of the capital intensity and volatility of a class. And it requires a commercial read on two markets that behave very differently - a subscription London Market shaped by Lloyd's oversight, lead and follow economics, facilities and delegated authority, and a retail market shaped by broker consolidation, carrier panel rationalisation, schemes and e-trade.
This is a strategy advisory role, not programme, portfolio or transformation management. Provide strategic insight to inform investment prioritisation and ensure alignment with business strategy objectives.
Strategy Communications: Provide leadership on clear and effective communication of Travelers Europe's business strategy, working with Corporate Communications and business stakeholders to ensure visibility of strategic priorities, progress, and outcomes.
Performance Framework: Establish and mature performance frameworks including OKRs and KPIs, to monitor strategic progress, drive accountability, and support disciplined execution across priority initiatives.
Trusted advisor to senior stakeholders, skilled at navigating ambiguity, shaping strategic priorities, and building consensus with senior stakeholders. Embodies Travelers' values through integrity, innovation, customer focus, and a clear commitment to commercial outcomes.
Qualifications:
- Degree in Business, Economics, Strategy, Finance, or a related discipline.
- Understanding of the London and European insurance markets, including regulatory frameworks, customer and distribution trends, and competitive dynamics.
- Experience in corporate strategy, business transformation, strategic planning, or a related discipline within a complex, multi-line organisation.
- Strong financial and analytical acumen, with the ability to assess portfolio performance, growth opportunities, investment priorities, and key performance metrics.
- Excellent communication and storytelling skills, with the ability to simplify complex concepts and translate analysis into clear, compelling insight for diverse audiences.
- Experience working across geographies and cultures, ideally within a global financial services or insurance organisation.
- Relevant strategy leadership experience, including proven success in corporate strategy, management consulting, or senior strategic roles within insurance or financial services.
Benefits:
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
Director Business Planning in London employer: Travelers
Travelers is an exceptional employer that prioritises the well-being of its employees through a robust wellness programme, generous holiday entitlement, and a commitment to community involvement. With a culture rooted in innovation and collaboration, employees are encouraged to grow professionally while enjoying the flexibility of hybrid work arrangements. Join us in a role that not only offers competitive benefits but also the opportunity to build meaningful relationships within the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Director Business Planning in 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 Travelers). 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 Travelers. 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 Director Business Planning in 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 Travelers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Travelers. 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 Travelers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Travelers 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 Travelers, 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 Travelers'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.
