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Head of Motor Insurance Products

Posted: 56 days ago
Place: Greater London

We have an exciting opportunity not to be missed at Saga for a Head of Motor Insurance Products to join the team based in London You will join us on a full time, permanent basis and will receive a highly competitive salary and package!
A leader in Motor, Home, Travel and Health Insurance; Saga offers an environment where we will do the best thing for you to develop your skills and develop your career through inspiring leadership and exciting opportunities. This role is an important leadership role where you will have ownership for the full P and L; trading performance of the Motor Insurance product and responsibility to deliver the customer satisfaction outcomes expected of the FCA.
The Head of Motor Insurance Products role:
As our Head of Motor Insurance Products, you will be delivering, and wherever possible, exceeding the plan for volume and profit by identifying, quantifying and executing creative initiatives. Your focus on solving problems for today’s over 50s will see you build unique customer propositions that will set the business up for sustainable growth whilst also supporting the development of an organisation culture that is consistent with the Saga Way and makes Saga Services a stand-out and distinctive organisation.
You will bring commercial experience and a proven track record for delivering results through innovation and motivation of your team. You will be highly analytical and numerate and have the skill to quickly identify and evaluate options to drive commercial benefit.
And in return, you can look forward to all of the responsibility and involvement of an integral role, providing you with a rewarding and fast paced career with an excellent benefits package including life assurance, pension, high street and online discounts, and concessions for holidays and travel.
Key responsibilities of the Head of Motor Insurance Products:
- To lead, monitor and execute day to day trading performance for the Saga Motor Insurance Product; delivering, and wherever possible, exceeding the plan for both policy volume and profit.
- Lead on all Motor Insurance pricing and marketing decisions, as recommended by Actuarial and Marketing Directors for Saga Services.
- Identify, quantify and execute creative new initiatives which will result in increased volume and/or value for the Motor Insurance P and L.;
- Set the business up for sustainable growth from general insurance.
- As a champion for customer centricity, contribute to the development of the overall proposition for Saga Services, developing, implementing and maintaining competitive, market-leading insurance products, through product creativity, innovation and insurance market knowledge.
- To deliver a continuous programme of product innovation and development to position Saga as a market-leader in the Insurance sector.
- Ensure that the Motor Insurance Product is providing market leading customer satisfaction, meeting all outcomes as expected by the FCA, and providing genuine added value to the Saga brand.
- Any other general tasks required of the role.
experience and skills required of our Head of Motor Insurance Products:
- Previous P and L; responsibility in a Financial Services Organisation or General Insurer.
- Expert knowledge of general insurance products and practices.
- First class understanding of Insurance proposition development and product management.
- Expert project manager – able to lead and manage multiple projects simultaneously including product development process, TCF process and product life cycle.
- Strong team management skills with the ability to work collaboratively across functions.
- Customer centric approach and methodology.
- Highly analytical and numerate – with the ability to identify and evaluate options to drive commercial benefit.
- Sound knowledge of sales and marketing management of general insurance products.
- Graduate calibre, with demonstrable and relevant educational background or relevant professional qualification(s).
- Cima or MBA would be desirable but not essential.
So if you would like to join our team as a Head of Motor Insurance Products then please click ‘Apply’ today, we’d love to hear from you!
To all recruitment agencies: Saga does not accept agency CVs unless specifically engaged on the role by the Human Resources Recruitment Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga is not responsible for any fees related to unsolicited CVs.

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