Insurance Senior Manager Job Description

Insurance Senior Manager Job Description

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Insurance senior manager provides leadership to the Services organization by sharing how regional reports, trends, and emerging best practices affect our customers and impact our business.

Insurance Senior Manager Duties & Responsibilities

To write an effective insurance senior manager job description, begin by listing detailed duties, responsibilities and expectations. We have included insurance senior manager job description templates that you can modify and use.

Sample responsibilities for this position include:

Champion innovative campaign design and build and leverage new channels, tools and concepts to drive business results and promote continuous improvement for the organization
It is expected that you will spend at least 50% of your time on insurance with an option to work on wider financial services valuations if this is of interest
Partner with various business units as required for the administration of products and project implementation
Act as subject matter expert for Insurance Services, supporting and drawing on internal and external partners (IIROC Advocis)
Develop strategies and execute on initiatives to cross-sell creditor insurance through digital channels acting as the Creditor advocate
Direct project teams to define the overall strategy, outline engagement structure and deliverable, ensure quality work and client satisfaction
Develop and apply deep understanding of client behaviour to improve the relevancy of marketing strategies
Enable opportunity sizing and audience (client and prospects) profiling in support of the development of marketing and transformational strategies
Help to grow the existing Internal Audit business through working alongside our leadership team on proposals and new opportunities, and building our team’s capabilities to match changing delivery needs
Taking responsibility for the preparation of reports

Insurance Senior Manager Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Insurance Senior Manager

List any licenses or certifications required by the position: CPA, US, ID, ACCA, CA, PMP, GB, LSS, WFT, PEGA

Education for Insurance Senior Manager

Typically a job would require a certain level of education.

Employers hiring for the insurance senior manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Accounting, Finance, MBA, Management, Computer Science, Engineering, Graduate, Economics, Technical

Skills for Insurance Senior Manager

Desired skills for insurance senior manager include:

Channels
Distributors and customers
Insurance propositions
Products
Services
Emerging trends impacting/likely to impact insurers
Client and all facets of client’s business
Firm’s philosophy and its opinions on client matters
General economic and political trends of possible tax
Legislation that could affect the business climate

Desired experience for insurance senior manager includes:

People manager responsibilities for junior members of staff in the wider practice
Experience in providing regulatory consulting advice to mortgages & general insurance markets
Technically proficient in the FCA regime and requirements, in particular in relation to mortgage and insurance conduct of business, TCF and conduct risk, arrears & repossessions, approved persons, training & competence, regulatory supervision processes, outcomes based regulation and s.166 reporting
Lead project teams and coach staff to deliver a wide range of valuations for insurance companies and insurance intermediaries
Play a key role in driving the growth and development of the business, working closely with directors and partners to win work and build client relationships
Play a leading part in the delivery of large valuation assignments, including client management, presentation of findings, providing insurance sector insights and technical expertise

Insurance Senior Manager Examples

1

Insurance Senior Manager Job Description

Job Description Example
Our growing company is hiring for an insurance senior manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for insurance senior manager
  • Establish, monitor and evaluate policies and procedures to mitigate regulatory, legislative and operational risks impacting the business
  • Accountable for maintaining line of sight on impact of annual review of assumption and model changes for all lines of business on a quarterly basis, monthly review of reported liabilities to ensure completeness
  • Lead the development of Creditor product strategies and integration plans to achieve increased penetration, retention and cross-sell objectives
  • Support the alignment and integration of Creditor within Canadian Banking
  • Accountable for Creditor short term and long term strategic and financial plan
  • Provide thought leadership and spot opportunities to further align the Creditor client, product and marketing strategies focusing on achieving key metrics
  • Provide leadership and coaching to Product Management and cross functional teams
  • Apply structured methodology and manage identified business efficiency initiative
  • Support and engage senior leaders and business sponsors
  • Establish, lead and motivate the project team on the delivery of reengineering and other efficiency enhancement projects according to agreed time and cost estimates
Qualifications for insurance senior manager
  • Experience in planning and implementing a Strategic Supplier Procurement solutions for Insurance Claims, is an asset
  • Experience in negotiating contracts, Statements of Work (SOWs) and related pricing structures, , a strong understanding contractual terms and conditions to reduce risk and deliver a high value deal
  • Relevant VAT experience (ideally within Insurance market)
  • Technical accounting knowledge of non-life or life insurance accounting and IFRS in general (specific knowledge of IFRS 4 Phase II would also be beneficial but not a prerequisite as you will develop this over time)
  • Strong insurance market knowledge and experience (gained either from industry or consulting)
  • Ideally educated to degree level with ACA (or equivalent) or CFA qualified/part qualified
2

Insurance Senior Manager Job Description

Job Description Example
Our growing company is looking for an insurance senior manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for insurance senior manager
  • Coordinate with the legal team to ensure products and agreements adequately protect the company, resolve any legal disputes and ensure that regulatory compliance is maintained
  • Build and maintain relationships with key product partners, negotiate contracts, evaluate emerging products and ensure that data acquisition is accurate and updated in a timely manner
  • Create & lead the development and implementation of product strategies increasing penetration, profitable growth and service excellence
  • Create marketing and distribution strategies with senior banking partners in business banking and Commercial to complement and coexist with banking execution strategies
  • Experience implementing other CRM platforms (SAP CRM, Oracle Sales Cloud, Salesforce.com, Microsoft Dynamics, etc) or CPQ technologies (Big Machines, Apttus, Cameleon)
  • Lead and Manage key relationships within Canadian Banking, such as Role, Performance Management and Performance Strategy
  • Providing leadership and developing managers and junior team members to reach their potential
  • Lead management consulting business development by articulating distinctive points of view on the P&C industry
  • Develop P&C related IP, tools and assets that leverage trends in product development, distribution, marketing and operations
  • Dive new SMAC offerings working with our digital COEs to enhance the P&C value chain
Qualifications for insurance senior manager
  • University degree or diploma (major in business management)
  • Experience in leading audits of insurance and/or investment management companies
  • Creates a framework by which all client experience measurement sources are combined to provide a complete and integrated view of client experience (Market Probe, JD Power, Net Promoter, Brand Equity )
  • Analyze what inputs / factors drive the experience and identify key drivers/ opportunities
  • Investigates and quantifies the financial benefit and impacts of improving our client experience
  • Investigate opportunities to continuously improve our client satisfaction surveys (method & timing)
3

Insurance Senior Manager Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of insurance senior manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for insurance senior manager
  • Define the go to market strategy for Payments, Portals and Document Managment Product Management and Identify vendors and partners to accomplish this strategy
  • Management of all day-to-day aspects of the Payments, Portals and Document Management product line(s) including product management, product marketing, product development, business analysis, account management, operations
  • Provide regular communication to and taking direction from the divisional president
  • Provide executive leadership to the employees within the product family
  • Contribute to and communicate objectives and goals of the team
  • Participate in Payments, Portals and Document Management product marketing activities including value proposition refinement, pricing strategies, promotions, presentations, advertising, speaking opportunities and testimonials
  • Lead team members in technical, business and data analysis to improve the product offering
  • Lead Product Marketing Committee meetings and fully report to senior management all opportunities and threats on a monthly basis
  • Work across divisions to ensure high quality integration between Payments, Portals & Document Management and the company’s other product families
  • Assist senior management with due diligence on acquisition opportunities related to the product line
Qualifications for insurance senior manager
  • Builds relationships and processes with external partners to objectively measure the client experience and benchmark against industry and non-industry competitors
  • Works with the business to discuss the possible outcomes of client measurement sources (and determines next steps)
  • Champions client experience results and recommended actions, across all teams in RBCI through organizational awareness, impact, influence, communication and strong leadership
  • 5+ years leadership and/ or people management
  • Above average ability with Microsoft Suite, particularly excel and PowerPoint
  • Substantial and relevant insurance experience
4

Insurance Senior Manager Job Description

Job Description Example
Our company is looking for an insurance senior manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for insurance senior manager
  • Maintain accurate loss information and prepare reports, as needed, for applications, claim reviews, actuarial analyses and other risk management purposes
  • Serve as a liaison between finance and the business by establishing and communicating policies and procedures and maintaining open active lines of communication
  • Assist in training and supporting other project managers and novice Scrum Masters
  • Supporting management in the identification of risks, assessment of controls and design of efficient, innovative and commercial strategies to address control gaps and manage risks within appetite
  • Leads the planning, budgeting and financial reports including Profit and Loss statements, compensation ratios, labor ratios, margin maintenance, revenue, Operations RPE reports, and New and Lost Business reports
  • Utilize strong analytical skillset to establish and evaluate metrics and performance benchmarks for marketing communications programs
  • Creates and implements innovative internal and external communications programs utilizing a variety of media including direct mail, email, brochures, Web and print media
  • Responsible for daily collaboration and information sharing with other Marketing stakeholders
  • Occasionally manages outside vendors in developing and supplying communication tools, such as brochures, direct mail letters, materials for special accounts, videos, Ensures projects are completed within the desired budget, schedule and quality limits
  • A background in Insurance Strategy
Qualifications for insurance senior manager
  • Develop an in-depth understanding of the Creditor product, the associated business operations and leverage data analytics partners for a solid understanding of customer demographics, behaviours, needs, to assist in identifying further business opportunities
  • Manage internal and external service providers (IT, operations, legal, compliance, marketing ) to ensure the product meets TDBFG and regulatory objectives and standards
  • Facilitates innovative insurance solutions
  • Develop and maintain strong working relationships with business, partners, digital planning, and key stakeholders including Technology, Marketing, TRIMIS and 3rd party service providers
  • TDBFG representative both internally and externally with vendors, retailers and other financial service providers
  • Thorough understanding Wealth and Insurance
5

Insurance Senior Manager Job Description

Job Description Example
Our company is looking for an insurance senior manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for insurance senior manager
  • Ensuring that all products a fully compliant
  • Innovating to impress our clients and partners
  • Improving the performance and efficiency of end-to-end processes that affect distribution
  • Develop the Group’s insurance strategy (policies, coverage, limits, deductibles, exclusions, ) with a view to maintaining competitive premiums (and brokerage fees / commissions) and adequate coverage of the Group’s risks in the light of the changing risk profile of the Group
  • Manage / conduct any insurance and risk related assessments
  • Undertake any other responsibilities / duties as assigned by the Risk Management Committee and the Head Group Risk Management
  • Financial & Insurance risk management advice – be alert to financial & insurance risk events, trends and emerging issues and provide thought leadership, advice and guidance to business teams and relevant committees in addressing regulatory and ERM / business led initiatives
  • Translate results into meaningful solutions to enhance decision making
  • Present results to various levels of leadership and influence key decisions that have business unit or enterprise impact
  • Oversee and manage the Insurance Retail business development through Individual Agents
Qualifications for insurance senior manager
  • Understanding of Digital Online Wealth Platforms both CDN and the US
  • Proven people management skills, with a strong ability to effectively lead diverse teams through the use of development training, coaching and ongoing performance management
  • Negotiation and influencing strengths - proven interpersonal and relationship management skills, detail-oriented with the ability to follow up on items or determine appropriate steps for timely resolution
  • Strong change management and stakeholder management skills
  • Degree qualified, preferably in Business, Finance, IT/Engineering or related disciplines
  • Develop integrated baseline project plans, manages issues, risks and mitigation plans, provides weekly detailed status reporting and input at stakeholder and project meetings

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