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Head of SME Insurance

Business Role Type
Business Support Role
Business Support Departments
New Products
Location
Cardiff
External Closing Date
02/01/2020
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Company Background

Since its founding in 1993, Admiral Group has grown from a small start up to one of the largest car insurance providers in the UK with a presence in eight countries. The Group offers home, motor and travel insurance as well as personal loans and car finance in the UK. It has operations in Spain, Italy, France, the US and Mexico, and has over five million customers worldwide.

In 2018, Admiral Group had revenues of £3.2bn and a market cap of £5.9bn.

Admiral is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Admiral ’s aim is to continue its focus on growth, profitability and innovation.

Company Culture

It is distinctive in its culture and has been consistently recognised as a top company to work for. Most recently, Admiral was named the UK’s Best Big Company to Work For in the UK at the Sunday Times Best Companies to Work For Awards 2019.

Admiral’s philosophy is that people who like what they do, do it better and so it is proud to offer an honest and open culture where achievement is rewarded and recognised and most of all, where coming to work is enjoyable.

Admiral operates in a framework of four strong cultural pillars: communication, reward & recognition, equality, and fun.

It consistently exemplifies its approach of innovation, testing, and continually learning by becoming the first company to launch new offerings to customers that later become industry norms (e.g. price comparison, 10-month policies, multi-car and product policies, etc.).

Job Description

Our Head of SME, based in Cardiff, will play a leading role in developing and launching our insurance proposition for Small Medium Enterprises.

The successful candidate will be involved in determining the optimal product offering and distribution model for SMEs, leveraging Admiral’s existing strengths and building a team with SME-specific capabilities.

The Head of SME will be in charge of:

  • Designing and launching the new business unit, including defining an ambitious and achievable business plan
  • Setting up an operating model that uses digital services and data as competitive advantages
  • Hiring and coordinating the resources required to deliver on the SME business plan
  • Managing the business levers to promote growth and medium-term profitability
  • Delivering a distinctive and innovative offering to SME customers
  • Maintaining high quality and consistency in service delivery
  • Representing the SME business on internal committees and in budget and funding decision-making

The ideal candidate will have:

  • Extensive experience in the SME market (in either insurance or other financial services) and a vision for building a distinctive proposition
  • The credibility to act as the main interface with external counterparties (e.g. capacity providers, distribution channels, other suppliers) and as the Head of the SME team (potentially including new business, customer service, claims, underwriting)
  • A strong passion for high-tech and digital businesses

The ideal candidate is also likely to have:

  • A track record of developing growing teams and of building new products/offerings
  • A desire to build and support a business unit over the long-term
  • A strong knowledge of digital market dynamics and digital abilities
  • A proactive and positive mindset, oriented towards continuous improvement
  • An ability to change their mind and to embrace new ideas
  • The flexibility to adapt to experience, including adapting the business model according to what works

At Admiral, we are proud to be a diverse business where we put our people and customers first. We understand that a good work life balance is important, and we want you to have an element of freedom to define a working lifestyle that supports this. We are happy to talk about flexible working.

Please ask your Recruitment Officer, Laura Pengilly, for more information.

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