Enable job alerts via email!

Head of Business Development

Hiscox

Birmingham

Hybrid

GBP 80,000 - 120,000

Full time

6 days ago
Be an early applicant

Job summary

A leading international insurer in Birmingham seeks a Head of Proposition Development to drive growth by creating innovative insurance products and managing key partnerships. The role demands excellent relationship management and commercial acumen, along with a collaborative approach to product development and distribution. Ideal candidates should possess a proven track record in product innovation and strategic insight. Join a dynamic team dedicated to fostering creativity and diversity.

Benefits

Diversity and inclusion initiatives
Hybrid working opportunities
Creative workplace culture

Qualifications

  • Proven track record in creating innovative products.
  • Strong customer focus and commercial insight.
  • Ability to operate with an entrepreneurial mindset.

Responsibilities

  • Lead development of new insurance propositions from concept to market launch.
  • Identify unmet customer needs through research and data analysis.
  • Promote a customer-first approach in product design.
  • Coordinate with marketing, underwriting, and distribution for go-to-market strategies.
  • Manage service providers and third-party capacity providers to enhance value.

Skills

Relationship management
Commercial acumen
Innovation in product development
Strategic partnerships
Entrepreneurial mindset

Job description

Job Type: Permanent

Build a brilliant future with Hiscox

Head of Proposition Development

I-HUB (Innovation Hub)

Reporting to the Global Head of Propositions

Application Closing Date: 9am on Friday 5th September

The I-HUB is a newly created Centre of Excellence delivering new products and propositions across our Business Units. Our goal is to maximize leverage of our existing footprint, expand our product range, and anticipate customer needs. By 2030, the initiatives will contribute over $1bn in annual revenue.

The role

As the Head of Proposition Development, you will drive growth by identifying customer needs, bringing innovation to product development, and managing relationships with service providers and carriers. You will also collaborate on distribution channels to increase relevance and meet customer insurance needs.

You should possess excellent relationship management, commercial acumen, and the ability to execute quickly. Your role sits at the intersection of innovation, commercial development, and strategic partnerships, working globally across diverse cultures.

Role responsibilities:

  1. Lead development of new insurance propositions from concept to market launch
  2. Identify unmet customer needs through research and data analysis
  3. Promote a customer-first approach in product design
  4. Coordinate with marketing, underwriting, and distribution for go-to-market strategies
  5. Manage service providers and third-party capacity providers to enhance value
  6. Identify distribution channels for new products across markets
  7. Monitor market trends to inform development
  8. Evaluate and optimize existing products for value and customer experience

Candidate profile

Ideal candidates will have a proven track record in creating innovative products, strong customer focus, and commercial insight. They should bring an 'outside-in' market perspective and be capable of operating with an entrepreneurial mindset within a large organization.

Experience

  1. Significant experience in developing new products and propositions
  2. Ability to build relationships across levels and functions
  3. Entrepreneurial mindset to identify and structure new opportunities
  4. Proven ability to scale successes and motivate stakeholders
  5. Strong organizational skills and process focus
  6. Strategic and consultative communication skills at senior levels
  7. Persistence in navigating complex organizations

Key Results

  • Pipeline of $200m+ annually from 2026
  • $5m+ in service income annually from 2026
  • 12+ new products launched per year

About Hiscox

We are a specialized international insurer, focusing on key areas with a culture of innovation and challenge. We insure unique and interesting risks and value creative, forward-thinking talent. Founded in 1901, we are ambitious and evolving, seeking to do things differently and better.

We offer a vibrant, inclusive culture that encourages creativity and solutions-oriented thinking. Life at Hiscox is dynamic and engaging, not dull.

Diversity and Hybrid Working

We prioritize our people, fostering diversity and inclusion. We support hybrid working to promote work-life balance, allowing flexibility in managing personal and professional responsibilities.

#LI-AS1

Join us and be part of a unique culture with amazing colleagues.

Get your free, confidential resume review.
or drag and drop a PDF, DOC, DOCX, ODT, or PAGES file up to 5MB.

Similar jobs