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Associate Director, Business Transformation, Insurance

  • Expanding International Insurance Group
  • Business & Enterprise-wide Transformation
  • Exposure to Distribution Initiatives in Agency and Bancassurance

Our client is a leading international Insurance Group offering a diverse range of services across Life Insurance, Pension, Wealth Management and Asset Management. With an expanding presence in Asia and strong growth in business activities, the company is now seeking a high-calibre Business Transformation Lead to join the Transformation CoE function in Hong Kong.

The key responsibilities for this position are as follows:

  • Senior member of the Business Transformation CoE function supporting business, distribution and firm-wide transformations initiatives
  • Strong focus on Distribution Transformation initiatives and projects across Bancassurance, Partnerships and / or Agency
  • Engage with local markets and business units on ideas generation, identify systemic impediments and innovation opportunities
  • Deep-dive on business process analysis, financial analysis and performance analysis to identify areas of improvement and transformation opportunities
  • Design project structures, set up approach, project teams, identify resources and priorities to enable the local markets or business units to deliver and execute the transformation initiatives
  • Provide oversight on a portfolio of key transformation initiatives across one or more business pillars from initiation and pre-execution stage, establishing the project team, resource identification, coaching project teams from planning to kick-start the project implementation & delivery
  • Liaise with business units and local country project teams on project status, ensuring adherence on execution and governance framework
  • Monitor project financials and programs progress, alert of issues identified and facilitate mitigation solutions
  • Recommend transformation and change initiatives, forecast upcoming demands, provide project financial analysis and planning, transfer ideas between countries / markets, articulate ideas into execution priorities and action plans

Successful applicants will have the following skills and experience:

  • An university degree, ideally with project management certification
  • Minimum 12 years of relevant experience in Business Transformation, Distribution Transformation, Business Strategy, Management Consulting, Project Management and / or PMO
  • Industries experience from sizeable international Insurance firms would be preferred, other industries such as Retail Banking, Wealth Management, Private Banking and / or Asset Management
  • Some exposure to Distribution initiatives would be beneficial
  • Prior experience in management consulting / strategy consulting firms focusing on Financial Services sector would be advantageous
  • Experience in driving, program managing and executing large-scale cross-functional and cross-locations transformation and change management programs with ability to run multiple projects simultaneously
  • Strong financial analysis skills
  • Flexibility to travel occasionally
  • Excellent communication skills with fluency in English ideally with Cantonese and / or Mandarin