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- Tasks: Drive growth in the Insurance sector and build executive-level relationships.
- Company: Join Version 1, a trusted leader in Technology Services with a collaborative culture.
- Benefits: Competitive salary, bonuses, equity scheme, and comprehensive health coverage.
- Why this job: Make an impact in the insurance industry with innovative solutions and professional growth.
- Qualifications: Experience in Business Development within Insurance Services, especially Life & Pensions.
- Other info: Flexible working arrangements and a supportive community focused on diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a commercially driven and domain-knowledgeable Business Development Director to accelerate our growth across the Insurance sector, with a focus on Life & Pensions and Property & Casualty segments. This role will drive pipeline origination, build executive-level relationships, and lead go-to-market strategies across insurers, reinsurers, brokers, and administrators in the UK and Ireland. The ideal candidate will possess deep industry knowledge of insurance value chains, emerging digital and data-driven capabilities, and the ability to position solutions that solve for core system modernization, customer experience, risk optimization, regulatory compliance, and claims transformation.
Responsibilities
- Identify, qualify, and target insurance accounts preferably across Life & Pensions, Property & Casualty and reinsurance sectors.
- Develop pursuit plans and account strategies aligned to policy administration, claims, underwriting, and distribution modernization.
- Originate large transformation opportunities with Tier 2 and mid-sized insurers and brokers.
- Collaborate with solution architects and insurance domain SMEs to craft tailored value propositions.
- Lead workshops, bids, and presentations focused on AI-led automation, data modernization, legacy system transformation, and cloud adoption.
- Position techno functional solutions in areas such as intelligent document management, telematics-based underwriting, fraud analytics, and digital claims orchestration.
- Establish trusted relationships with CIOs, Heads of Claims, COOs, and Chief Underwriters.
- Represent the organization at key insurance forums and regulatory roundtables.
- Monitor industry trends including regulatory updates (NAIC, ORSA, NYDFS, Climate Risk mandates etc.).
- Identify whitespace opportunities based on competitor activity and technology adoption curves.
- Work with internal practices, cloud/data units, and partner ecosystems to develop domain-led campaigns.
- Enable sales enablement across the insurance vertical and mentor junior team members.
Qualifications & Experience
- Strong experience in Business Development or sales experience in Insurance Services.
- Strong experience in Life & Pensions and/or Health Insurance segments in the UK / Ireland.
- Demonstrated success in selling consulting, transformation, or managed services to insurers.
- Exposure to platforms such as Guidewire, Duck Creek, Sapiens, Majesco, Salesforce FSC, Snowflake, and analytics suites preferable but not mandated.
- Strong understanding of insurance regulatory environment and operating models.
About Version 1 & Benefits
Version 1 has celebrated over 29 years in Technology Services and continues to be trusted by global brands to deliver solutions that drive customer success. Our expertise enables our customers to navigate the rapidly changing Digital-First world we live in. We foster strong partnerships with leading technology giants including Microsoft, AWS, Oracle, Red Hat, OutSystems, Snowflake, ensuring that our customers are provided with the highest quality solutions and services.
We are an award-winning employer reflecting how our employees are at the very heart of Version 1 and what we do:
- Premier AWS, Microsoft & Oracle partner
- 10+ years as a Great Place to Work in Ireland & UK
- GPTW awards for 'Best Workplace for Women' & 'Best Workplace for Wellbeing'
Share in our Success: Excellent base salary plus bonus & an opportunity to join our new V1 Equity success scheme
Inclusive Culture: We celebrate diversity and are committed to creating an inclusive environment for all employees.
Professional Growth: We offer peer mentorship programs and career development opportunities to help you reach your full potential.
Work-Life Balance: We understand the importance of work-life balance and offer flexible working arrangements.
Supportive Community: Join a team that values collaboration, respect, and mutual support.
At Version 1, we believe in providing our employees with a comprehensive benefits package that prioritises their well-being, professional growth, and financial stability. We also offer a range of tech-related benefits, including an innovative Tech Scheme to help keep our team members up-to-date with the latest technology. We prioritise the health and safety of our employees, providing private medical and life insurance coverage, as well as free eye tests and contributions towards glasses. Our team members can also stay ahead of the curve with incentivised certifications and accreditations, including AWS, Microsoft, Oracle, and Red Hat. Our employee-designed Profit Share scheme divides a portion of our company's profits each quarter amongst employees. We are dedicated to helping our employees reach their full potential, offering Pathways Career Development Quarterly, a programme designed to support professional growth.
Business Development Director - Insurance in London employer: Version 1 Solutions Limited
Contact Detail:
Version 1 Solutions Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Director - Insurance in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at events, forums, and online platforms. Building relationships with key players in the insurance sector can open doors to opportunities you might not find on job boards.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers, make sure to highlight your deep knowledge of the insurance value chain and how you can drive transformation. Tailor your pitch to their needs and demonstrate how you can add value.
✨Tip Number 3
Prepare for interviews by researching the company and its competitors. Understand their challenges and be ready to discuss how your experience aligns with their goals, especially in areas like digital transformation and regulatory compliance.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented individuals who can help us grow in the insurance sector. Your next big opportunity could be just a click away!
We think you need these skills to ace Business Development Director - Insurance in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Business Development Director role. Highlight your experience in Life & Pensions and Property & Casualty, and show us how your skills align with our needs in the insurance sector.
Showcase Your Industry Knowledge: We want to see your understanding of the insurance value chains and emerging digital capabilities. Use specific examples from your past experiences to demonstrate how you've tackled challenges in this space.
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point about your achievements and how you can contribute to our growth in the insurance market.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Version 1 Solutions Limited
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of the Life & Pensions and Property & Casualty segments. Understand the latest trends, regulatory updates, and key players in the industry. This will help you speak confidently about how you can drive growth and transformation in these areas.
✨Tailor Your Value Proposition
Before the interview, think about how your experience aligns with the specific needs of the company. Prepare examples of how you've successfully developed account strategies or led workshops that resulted in significant transformations. Tailoring your responses to their needs will show that you're the right fit for the role.
✨Build Relationships on the Spot
During the interview, focus on establishing rapport with your interviewers. Use your interpersonal skills to connect with them, just as you would with CIOs or Heads of Claims. Show that you can build trusted relationships, which is crucial for a Business Development Director.
✨Showcase Your Tech Savvy
Familiarise yourself with platforms like Guidewire, Salesforce FSC, and Snowflake. Be ready to discuss how these technologies can enhance customer experience and operational efficiency in the insurance sector. Highlighting your understanding of digital capabilities will set you apart from other candidates.
