Business Development Director Insurance

New York City, NY - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

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-HC1

Remote Work :

Employment Type :

Full-time