At a Glance
- Tasks: Drive growth in the insurance sector through strategic account development and relationship management.
- Company: Join Version 1, a leading tech partner with a strong focus on employee well-being and inclusivity.
- Benefits: Competitive salary, bonuses, flexible working, and comprehensive health coverage.
- Other info: Access to mentorship programs and modern learning platforms for professional growth.
- Why this job: Make an impact in the insurance industry while developing your career in a supportive environment.
- Qualifications: Experience in business development within insurance services and strong understanding of regulatory environments.
The predicted salary is between 56700 - 69300 £ per year.
Version 1 has celebrated 30 years in business and continues to be trusted by global brands to deliver technology and transformation solutions that drive customer success. We foster strong partnerships with global technology leaders including Microsoft, AWS, Oracle, Red Hat, OutSystems, Snowflake, ensuring that our customers are provided with the highest quality solutions and services.
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, Broker and General Insurance 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. 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, process automation, customer experience, risk optimization, regulatory compliance, and claims transformation.
- Strategic Account & Pipeline Development
- Identify, qualify, and target insurance accounts preferably across Life & Pensions, Broker, General and reinsurance sectors.
- Develop pursuit plans and account strategies aligned to policy administration, core process automation, claims, underwriting, and distribution modernization.
- Originate AI-led large transformation opportunities with Tier 2 and mid-sized insurers and brokers.
- GTM Execution & Solution Positioning
- 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.
- Stakeholder Engagement & Relationship Management
- Establish trusted relationships with CIOs, Heads of Claims, COOs, and Chief Underwriters.
- Represent the organization at key insurance forums and regulatory roundtables.
- Market & Competitive Intelligence
- Monitor industry trends including regulatory updates (NAIC, ORSA, NYDFS, Climate Risk mandates etc.).
- Collaboration & Enablement
- 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 Required Experience & Skills
- Strong understanding of insurance regulatory environment and operating models.
- Strong experience in Business Development or sales experience in Insurance Services.
- Strong experience in Life & Pensions, Broker and/or General Insurance segments in the UK / Ireland.
- Demonstrated success in selling consulting, transformation, or managed services to insurers.
- Exposure to platforms such as Sapiens, Majesco, Salesforce FSC, Snowflake, and analytics suites preferable but not mandated.
Preferred Qualifications
- Bachelor's/ Master's degree in Business, Insurance, or Technology.
- Proven experience in business development within a medium to large scale IT services provider specifically into the Insurance sector.
- Experience with AI/ML use cases in underwriting, claims, and fraud.
- Familiarity with cloud ecosystems (AWS, Azure), actuarial data environments, and Insurtech integration.
We offer an excellent base salary plus bonus & an opportunity to join our new V1 Equity success scheme. We celebrate diversity and are committed to creating an inclusive environment for all employees. We offer peer mentorship programs and career development opportunities to help you reach your full potential, giving you full access to modern learning platforms to grow your skills. We understand the importance of work-life balance and offer flexible working arrangements. Join a team that values collaboration, respect, and mutual support. We provide the latest AI models and technologies, encouraging and coaching you to build digital co-workers to help you drive efficiencies and generate new sources of value in your role.
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.
Business Development Manager - Acquisitions in Manchester employer: Version 1
At Version 1, we pride ourselves on being an award-winning employer that places our employees at the heart of everything we do. With a strong commitment to professional growth, inclusive culture, and work-life balance, we offer a comprehensive benefits package that includes private medical insurance, flexible working arrangements, and access to cutting-edge technology. Join us in a collaborative environment where your contributions are valued, and you can thrive in your career while making a meaningful impact in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager - Acquisitions in Manchester
✨Get to Grips with Data Visualisation Tools
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✨Join Local Business Intelligence Meetups
Look for local business intelligence meetups or analytics conferences in your area. These events are not just great for learning but also for networking with industry professionals who could lead you to opportunities at companies like Version 1!
✨Engage with Online BI Communities
Join online forums or communities focused on business intelligence—think LinkedIn groups, Reddit threads, or even dedicated Slack channels. Engage actively by sharing your insights and asking questions; this can help you build visibility and connect with potential employers.
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We think you need these skills to ace Business Development Manager - Acquisitions in Manchester
Some tips for your application 🫡
Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.
Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.
Tailor Your Documents for Us:When applying for a full-time role at Version 1, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!
Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.
How to prepare for a job interview at Version 1
✨Show off your analytical skills
In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!
✨Practice your technical know-how
Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.
✨Portfolio of Projects
Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.
✨Know their business model
Get familiar with Version 1’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.
