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 ½ 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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