What are the responsibilities and job description for the Vice President, Global Distribution, Strategy & Analytics position at Ascot Group?
Job Description
This is an opportunity to join Ascot Group – one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, the employees of Ascot are bound by a common mission and purpose: One Ascot. Ascot’s greatest strength is a talented team of professionals who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides people and strategic direction. Underwriting platforms collaborate to find creative ways to deploy capital in a true cross-product and cross-platform approach. These platforms work as one through a unique Fusion Model: Client-Centric, Risk-Centric, Technology-Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claim. Ascot exists to solve for its clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Position Overview
Reporting to the Global Head of Distribution, the Vice President, Global Distribution, Strategy & Distribution Analytics will be responsible for leveraging data and analytics to drive the strategy and efficiency of an insurance company's sales and distribution channels. The Vice President will help set strategies with trading partners to improve sales effectiveness, spur profitable growth, and improve client experience and connectivity through data-driven insights to leadership and colleagues in the UK, Bermuda and the US.
Responsibilities
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.
The annualized base pay range for this role is: $195,000 - $215,000
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
#L1Hybrid
This is an opportunity to join Ascot Group – one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, the employees of Ascot are bound by a common mission and purpose: One Ascot. Ascot’s greatest strength is a talented team of professionals who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides people and strategic direction. Underwriting platforms collaborate to find creative ways to deploy capital in a true cross-product and cross-platform approach. These platforms work as one through a unique Fusion Model: Client-Centric, Risk-Centric, Technology-Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claim. Ascot exists to solve for its clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Position Overview
Reporting to the Global Head of Distribution, the Vice President, Global Distribution, Strategy & Distribution Analytics will be responsible for leveraging data and analytics to drive the strategy and efficiency of an insurance company's sales and distribution channels. The Vice President will help set strategies with trading partners to improve sales effectiveness, spur profitable growth, and improve client experience and connectivity through data-driven insights to leadership and colleagues in the UK, Bermuda and the US.
Responsibilities
- Develop and execute comprehensive analytics strategies to drive business growth through effective distribution channels and allow for intentional and insightful trading partner engagement.
- Drive the analysis of sales, client, trading partners and market data to identify trends, opportunities, and areas for optimization.
- Work with leadership to develop intentional distribution strategies targeting in-appetite growth.
- Define, monitor, and communicate Key Performance Indicators related to production and distribution activities to senior leadership in all Ascot geographies.
- Partner with IT and data teams to ensure robust data governance, quality, and the deployment of cutting-edge analytics tools and platforms.
- Lead and mentor a team of Distribution analysts, to embed data-driven decision-making across the organization.
- Stay at the forefront of AI and data trends in the industry, while ensuring all data practices comply with regulatory standards.
- Create regular and ad hoc reports and visualizations to communicate insights to internal and external stakeholders.
- Commitment to The Ascot Way: As a senior member of the Distribution organization, the Vice President, will demonstrate The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.
- Bachelor’s Degree required
- A minimum of 12 years of progressive insurance experience with a focus on distribution, analytics and strategy setting.
- A deep understanding of insurance operations, products, and compliance requirements is essential for connecting data insights to strategic business objectives.
- Highly motivated, self-starter and team player with a high energy level and willingness to aggressively take on responsibility.
- Highly collaborative and able to work and effectively communicate with all levels of an organization, including executive management.
- Strong knowledge of data analysis techniques and data visualization tools.
- Demonstrated ability to create, develop and convert strategic vision into a plan and execute on that plan.
- Advanced PowerPoint skills required.
- Proven experience identifying and leveraging advanced analytics to drive decisions and deliver business outcomes.
- A successful track record of project management.
- Excellent written and verbal communication skills.
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.
The annualized base pay range for this role is: $195,000 - $215,000
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
#L1Hybrid
Salary : $195,000 - $215,000