The Specialists in Financial Services Recruitment

Job Details

Head of Insurance / Head of Protection Business Development Manager
Reference ID: 826
  • Salary/OTEHighly attractive salary - to be advised on application
  • Vacancy LocationBrighton
  • RemunerationEmployed
  • RegionSouth East
Job description

Are you an experienced Senior individual within the assurance or actuarial market and capable of taking on the role of Head of Insurance for this highly respected mutual society?

As Head of Insurance / Head of Protection, you will be the key player in being responsible for the P&L, strategy and driving product improvements as well as new products, pricing changes and will own the reinsurance relationship. You will report directly the Chief Commercial Officer whilst working in collaboration the Mutual seven core leaders such as Heads of Distribution, Marketing,  Digital, Investment and lending teams to achieve commercial targets for sales and retention, and operate within risk parameters. The core life assurance products for this mutual, will focus on their Over 50s life assurance cover. Therefore, your diverse range of duties will include:

  • P&L responsibility for the protection business
  • Daily / active management of the product to assess customer engagement and being adaptable to ensure the assurance product meet the needs of your customers
  • Focus on driving feature improvements, pricing changes and new product development
  • Own the reinsurance relationship and work closely with the actuarial teams
  • Work closely the distribution, marketing and digital team to help improve the reach of the insurance product both online and offline
  • Lead a team of Product Managers to ensure you achieve commercial targets for sales and retention
  • Forward thinking and lead the strategy for future protection business
  • The firm are already a Top 10 insurer in this market place with great expectations for the right individual that joins their business to take the Mutual to being placed within the Top 3

Head of Insurance / Head of Protection requirements

To be considered for this Head of Insurance / Head of Protection role, you must have the following:

  • Excellent technical knowledge of insurance products – most favourably strong knowledge of over 50s life assurance cover
  • P&L responsibility
  • Undertake active management with implementation of KYC to enable daily / weekly monitoring
  • Held senior positions and reported to Senior Directors / Board members

This role would suit individuals from the insurance / assurance market, working closely with developing both their direct to client and intermediary market and preferably with an actuarial background.

Location of work

  • Should work from Brighton office at least 3 days a week
  • Flexibility to work from home
  • Flexibility to use their London office

The Company

This highly respected mutual society with over 2 million members is dedicated to helping families understand the world of modern finance. As a mutual, they are owned by their members which provides a unique ability to remain fully focused on their customers.

Benefits

  • Highly attractive salary – to be advised on application
  • Discretionary Bonus Scheme based on business and personal achievements, meeting balance scorecard
  • Fantastic company benefits including: 3% employee and 6% employer pension contribution; PMI; 4x life assurance; discounted travel; retail discounts or cashback and 25 days holiday plus bank holidays
  • This firm are socially conscious and regularly undertake charity events to support their local community and will match your personal fundraising efforts up to £500 a year
  • Regular social events and can be part of a subsidised social club which organise meals out and discounted trips etc
  • This is an equal opportunities employer 

Call us now on 0208 0044 154 or click Apply

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