Business Development Director - Insurance
Business Development Director - Insurance
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Salary Not Disclosed
1 Vacancy
Job Description
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 US.
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 and operational optimization regulatory compliance and claims transformation.
Key Responsibilities
1. Strategic Account & Pipeline Development
- 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.
2. 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.
3. 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.
4. Market & Competitive Intelligence
- Monitor industry trends including regulatory updates (NAIC ORSA NYDFS Climate Risk mandates etc.).
- Identify whitespace opportunities based on competitor activity and technology adoption curves.
5. 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
- Extensive and demonstrable business development or sales experience in insurance services.
- Strong background in life & pensions and/or P&C segments in the US
- 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.
- Strong understanding of insurance regulatory environment and operating models.
Preferred Qualifications
- Bachelors/Masters degree in Business Insurance or Technology.
- Experience with AI/ML use cases in underwriting claims and fraud.
- Familiarity with cloud ecosystems (AWS Azure) actuarial data environments and insurtech integration.
Additional Information :
Why Version 1
Share in our Success Excellent base salary plus commission with no ceiling & an opportunity to join our new V1 Equity success Scheme
Strong Career Progression & mentorship coaching through our Strength in Balance & Leadership schemes with a dedicated quarterly Pathways Career Development review
Financial benefits including; Pension Private Healthcare Cover Life Assurance Financial advice
Ways of working now with remote & hybrid working options but there is always as a good excuse to get together too
Moments that matter & our enhanced maternity & paternity leave policies for lifes journey
A large training budget for accreditations and educational assistance for courses relevant to your role. Ways
Wellbeing activities: an innovative Well Tech SchemeYoga sponsored marathon and local team sports
Version 1 Annual Excellence Awards & our Call-Out platform where performance is called out and recognised
Our active ESG & CSR initiative allows you to get involved in local fundraising and development opportunities as part of fostering our diversity inclusion and belonging schemes.
PLUS many more exciting benefits drop us a note to find out more.
We are an equal opportunities employer. Please refer to our Diversity & Inclusion statement located at: Diversity Inclusion & Belonging Version 1 Careers
#LI-PS1
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
