Vice President

Our Purpose:

Xceedance (www.xceedance.com) is a global provider of strategic consulting and managed services, technology, data sciences and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable insurers, reinsurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability.

Xceedance has achieved phenomenal growth in the past six years — a tribute to the knowledge, scope and impact of our people around the world. Everyone is laser focused on delivering value to our customers. We are committed to the communities in which we live and work. We are driven by a culture of innovation and integrity.

As a member of the Xceedance team, you can shape a fulfilling career, participate in exciting projects and impact the organization in meaningful ways. Count on strong support to develop skills, grow quickly and meet your professional aspirations. Relish working in a highly collaborative setting that features state-of- the-art resources, modern technology and a comfortable, gratifying environment. Create solutions and fulfill your role alongside highly talented and dynamic colleagues who will motivate you to be agile and extremely productive. And enjoy the advantages of a superior benefits package.

Join us if you’re looking for an opportunity to be inspired, challenged and rewarded!

Our Mission and Vision:

The people of Xceedance are unified in the mission to offer exemplary business services and craft market-disruptive solutions for insurance providers worldwide.

As a consulting business for re/insurers, our company strives to:

  • Deliver solutions and services that promote growth and reinforce relationships
  • Emphasize attentive, value-based interactions with clients and partners
  • Provide seamless, consistent business experiences for all constituents
  • Practice the constructive change and disruption we advocate
  • Observe the tenets of a learning enterprise

Join us if you’re looking for an opportunity to be inspired, challenged and rewarded!

Position: Vice President

About the Position:

The VP technology will lead Xceedance enterprise wide flag-ship initiative that would be touching almost all aspects of insurance value chain.

With full P&L responsibility, you will enable the delivery of Insurance industry-centric technical solutions, helping the Insurance industry turn digital disruptions into competitive advantage. Your unit will bring together Insurance industry talent, domain knowledge, agile capabilities, cutting edge technology know-how, frameworks and automation assets to simplify processes, enhance operating environments, mitigate operational risks, modernize operating models and increase process efficiency and effectiveness.

Given the transformation agenda impacting the entire Insurance industry, this is arguably a career-defining opportunity for an ambitious and talented individual with a long and well documented track record of success in Technology services delivery or consulting to the Insurance industry. This will translate into a great opportunity for delivering technology solutions, identifying client opportunities, talent management and competency building.

What you’ll be doing:

The VP Technology, along with his/her core program team and multiple extended project teams will work together at two key aspects:

Project Opportunity Identification –

  • Analyze existing processes and look for challenges (inefficiencies, inaccuracies etc.)
  • Based on pre-defined criteria, evaluate if the challenge is generic for insurance industry (will other accounts, geographies, processes also have similar challenges) and accordingly, define the generic business requirements
  • Find optimal solutions for those challenges (could be either of build or buy)
  • Build a business case (estimates) to get approvals from sponsors
  • Once approved, assign the solution delivery to appropriate project team (internal or external)
  • Update sponsors on progress updates, risk/issues, course corrections etc.

Project Co-ordination Tracking and Reporting

  • Engage with respective project teams and track progress, risk/issues etc.
  • Update sponsors on progress updates skillset

What you’ll bring to the team:

  • Management experience in managing multiple functions in Technology of at least 10+ years with overall experience up to 20+ years, managing insurance
  • S/he should be an (re)insurance Industry Leader who has demonstrated expertise in delivery of enterprise level programs.
  • S/he should be able to take ownership for delivery of strategic initiative for (re)insurance sector touching multiple process areas, Lobs, geographies and technologies across the (re)insurance value chain
  • S/he should have a strong grasp on (re)insurance domain (E.g. Lloyd’s, ISO, Reinsurance) and must have very hands-on exposure across multiple (re)insurance facets (E.g. submission, policy, claims, billing, forms)
  • S/he should have hands-on experience in insurance process evaluation using standard process analysis frameworks (E.g. SIPOC)
  • S/he should have a knack of identifying project opportunities for improvement (in terms of optimizations, automation etc.) within existing processes
  • S/he should have a good hang of demands (traditional as well as emerging) for (re)insurance industry
  • S/he should be able to manage stake-holder’s expectations within and outside the organization, including the board
  • S/he should be able to influence people (within and outside his/her line management remit) to align with the program objective
  • S/he should be able to manage multiple parallel projects running under the program through the central team, tracking their progress, raising risk/issues, providing regular updates to stakeholders etc.
  • S/he should be able to work with functional and technical specialists and build business cases with optimal solutions
  • S/he should be able to make decisions based on facts and judgements (E.g. Build a solution or buy it from outside)
  • Excellence in strategic and analytical problem solving – Quantitative, fact-based approach to team-based problem solving and strategic approach to addressing issues and offering solutions.
  • Business acumen and IT knowledge – Strong business development skills. Must understand current market trends, risks and prevalent technologies used in the global Insurance industry

Learning & Growth:

At Xceedance we offer structured learning roadmaps based on the job role that one is hired for.
Starting from a robust new hire training with tollgates to developmental training to groom one’s soft
skills to perform their current roles along with preparing them for the next level. We also offer
destination programs to enable members move to career roles that they desire to in within
Xceedance. Our learning offerings are delivered through a variety of mediums like Instructor led
training, e-Learning courses administered though us in house LMS.

We also offer a variety of domain specific training across Insurance and Technology accompanied
with industry wide recognized certification like CPCU, AINS, Are, PMP, CII, Agile, Cloud etc.

Benefits:

At Xceedance people come first. Our training and development programs are focused on our people
growth and will help you develop and explore newer skills to bring out the best in you.

We have many internal career opportunities – over the course of your career with us, your goals may
shift, and your interests may change. We keep the team informed about new positions and programs
that will enable you to explore different opportunities that could help advance your career.

We build engaged and motivated teams – challenge and diversity are a part of our dynamic and
interactive environment, which makes each day new and exciting. We strive to introduce new
experiences into our work life through our fun at work initiatives, and social activities inside and
outside our organization.

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