Sr Director, Head of Benefits Center of Excellence in London
Sr Director, Head of Benefits Center of Excellence

Sr Director, Head of Benefits Center of Excellence in London

London Full-Time 120000 - 150000 ÂŁ / year (est.) Home office (partial)
Visa

At a Glance

  • Tasks: Lead the Benefits Centre of Excellence, driving innovation and strategic sourcing for insurance benefits.
  • Company: Join Visa, a global leader in payments technology, shaping the future of financial transactions.
  • Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
  • Other info: Be part of a dynamic team focused on excellence and innovation in the financial sector.
  • Why this job: Make a real impact on consumer benefits while working with top-tier partners across Europe.
  • Qualifications: Experience in consumer banking, partnership negotiation, and product development is essential.

The predicted salary is between 120000 - 150000 ÂŁ per year.

About Us

Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.

Job Description

Visa's Benefits Centre of Excellence (CoE) aims to centralise the sourcing, negotiation, onboarding and lifecycle management of premium benefits, giving issuers a turnkey solution that elevates Visa’s consumer propositions and directly advances our Consumer Solutions Strategy for Affluent in Europe. Its scope spans Europe-wide supplier identification, commercial and operating model for faster time to market, higher cost efficiencies in benefits sourcing, and optimal partner integration with ongoing performance optimisation across Travel, Peace of Mind, Lifestyle & Entertainment, and other benefit areas - driving affluent acquisition, activation and spend, fuelling sustainable revenue growth for our clients.

This role will be responsible for establishing and leading the Insurance benefits vertical, best practices, sales and operational excellence, ensuring alignment with organizational goals and delivering measurable impact.

Key Responsibilities

  • Strategic Sourcing and Commercial Leadership
    • Develop and execute a sourcing strategy for insurance benefits that prioritizes innovation, differentiation, and commercial viability.
    • Lead negotiations with insurance benefit providers, securing favorable commercial terms, managing cost structures, and maximizing margins.
    • Own the contracting process, ensuring compliance, risk mitigation, and alignment with Visa’s strategic goals.
    • Design and implement scalable insurance benefits with clear pricing models and profitability targets.
  • Product Ownership & Innovation
    • Define and evolve the strategic roadmap for benefits with propositions team, ensuring differentiation, customer relevance, and alignment with strategy.
    • Own the full product lifecycle—from ideation and design to launch and post-launch optimization.
    • Continuously gather user and client feedback to identify pain points and drive enhancements.
  • Profitability and Performance Management
    • Establish and manage benefit‑level dashboards to track key metrics including engagement, cost, margin, NPS, and ROI.
    • Monitor and optimize program economics, identifying levers to improve profitability and reduce operational inefficiencies.
    • Collaborate with Finance and Operations to align on financial targets, forecasting, and performance reviews.
  • Partner Onboarding & Relationship Management
    • Oversee onboarding of benefit providers, ensuring seamless integration, operational readiness, and brand alignment.
    • Manage ongoing relationships with global and regional partners, driving joint roadmaps and mutual value creation.
    • Ensure structured performance reviews and feedback loops with providers.
  • Operational Excellence & Program Delivery
    • Ensure flawless execution of benefits across markets, maintaining high standards of quality, service, and client customization.
    • Implement best practices in program management, including lifecycle oversight, issue resolution, and post‑event reporting.
    • Drive continuous improvement in delivery processes, leveraging data and feedback to refine operations.
  • Market Activation and Sales Enablement
    • Support client engagements with compelling benefit narratives and segment‑specific content.
    • Collaborate with sub‑regional teams to tailor benefit offerings to local market needs and drive adoption.
    • Lead go‑to‑market strategies for benefit packages, enabling deployment at issuer or market level.
  • Team Leadership & Capability Building
    • Build and lead a world‑class benefits team with expertise in sourcing, contracting, partner management, and operations.
    • Foster a culture of excellence, innovation, and accountability, ensuring continuous development and high performance.
    • Define clear roles, responsibilities, and success metrics across the team to drive execution and impact.

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager. Visa requires at least 3 days in office, expectations of these days will be confirmed by your Hiring Manager.

Qualifications

  • Experience: Consumer banking, payments, engagement/ loyalty management, CVP building experience, credit card proposition design desirable.
  • Partnership Skills: Proven track record in negotiating and securing high‑value partnerships globally and within Europe.
  • Product Expertise: Experience designing, building, and launching consumer benefits with issuers and FinTech’s.
  • Strategic & Analytical: Ability to interpret market trends and client needs into innovative solutions.
  • Technical Aptitude: Comfortable with functional specifications and diverse partner ecosystem integrations.
  • Execution Focus: Results‑driven, able to deliver in fast‑paced environments with cross‑functional engagement.
  • Soft Skills: Strong negotiation, problem‑solving, communication, collaborative team player.
  • Mindset: Strategic thinker with ability to connect vision to execution.

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Sr Director, Head of Benefits Center of Excellence in London employer: Visa

Visa is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the payments technology sector. With a strong focus on employee growth, Visa provides numerous opportunities for professional development and career advancement, all while promoting a culture of excellence and accountability. Located in Europe, employees benefit from a diverse and inclusive workplace that values creativity and strategic thinking, making it an ideal place for those seeking meaningful and rewarding employment.
Visa

Contact Detail:

Visa Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Sr Director, Head of Benefits Center of Excellence in London

✨Tip Number 1

Network like a pro! Reach out to connections in the industry, attend events, and engage on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.

✨Tip Number 2

Prepare for interviews by researching the company inside out. Understand their values, recent news, and how your role fits into their mission. We want you to walk in feeling confident and ready to impress!

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. We believe that the more you practice, the more natural and engaging you'll be during the real deal.

✨Tip Number 4

Don’t forget to follow up after interviews! A simple thank-you email can go a long way in showing your enthusiasm and professionalism. We’re all about making those connections count!

We think you need these skills to ace Sr Director, Head of Benefits Center of Excellence in London

Strategic Sourcing
Commercial Leadership
Negotiation Skills
Contract Management
Product Lifecycle Management
Performance Management
Data Analysis
Market Activation
Team Leadership
Partnership Development
Consumer Benefits Design
Cross-Functional Collaboration
Problem-Solving Skills
Communication Skills
Execution Focus

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in benefits management and strategic sourcing. We want to see how your skills align with our goals at Visa, so don’t hold back!

Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to drive profitability and performance. Use metrics where possible – numbers speak volumes!

Be Authentic: Let your personality shine through in your application. We’re looking for someone who not only has the right skills but also fits into our culture of innovation and excellence. Be yourself!

Apply Through Our Website: For the best chance of success, make sure to submit your application through our official website. It’s the easiest way for us to keep track of your application and get back to you quickly!

How to prepare for a job interview at Visa

✨Know Your Benefits Inside Out

Before the interview, dive deep into Visa's benefits offerings and their competitive landscape. Understand how they differentiate themselves in the market and be ready to discuss innovative ideas you could bring to the table.

✨Showcase Your Negotiation Skills

Prepare examples of past negotiations where you've secured high-value partnerships. Highlight your strategies and the outcomes, as this role heavily relies on strong negotiation skills with benefit providers.

✨Demonstrate Strategic Thinking

Be ready to discuss how you interpret market trends and client needs into actionable strategies. Think about specific instances where your strategic insights led to successful product launches or improvements.

✨Emphasise Team Leadership Experience

This role requires building and leading a world-class team. Share your experiences in fostering a culture of excellence and accountability, and how you've developed team capabilities to drive performance.

Sr Director, Head of Benefits Center of Excellence in London
Visa
Location: London

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