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Veygo Head of Business Development

Posted 26 Mar 2024
Work experience
0 to 2 years
Full-time / part-time
Full-time
Degree level
Required language
English (Fluent)

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Job Purpose

This is a unique opportunity to join the management team of Veygo, a new and ambitious InsureTech venture backed by the Admiral Group.

Veygo has been created in order to provide great insurance and mobility products in a world where people don’t own cars anymore. Our first 2 products - Car Sharing Insurance and Learner Driver Insurance - allow drivers who don’t own a car to be insured whilst they borrow someone else’s car for any duration between 1h and 30 days. We are working to release new products in 2018, and beyond.

As a start-up owned by a FTSE 100 Company, our goal is to get the best of both worlds:

  • We are setup as a separate business with our own Profit & Loss, IT systems built and owned by Veygo and teams that are able to cover all key missions (marketing, IT, customer service, claims handling).
  • We have all the financial backing of Admiral and access to all their great pricing, claims and data experience.

A key part of our team is our Lean culture: it frames how we approach technology and product development (with weekly sprints, small scrum teams, and continuous deployment); it helps us keep our customers at the heart of what we do; it gives everyone confidence that they can make a difference, and help us get a bit better every day.

Veygo is growing fast and we are looking for highly talented individuals to reinforce our management team, reporting directly to the Head of Veygo. We are based in Cardiff, Wales.

The Head of Business Development at Veygo will be in charge of spotting growth opportunities for Veygo and turn them into live products that help customers. This is a brand new role so the successful candidate will be able to shape and define their vision for the role.

Main Duties

As Head of Business Development, you will be in a position to shape Veygo’s growth and strategy in order to create great value for the customer. You will:

  • Review our existing offer to identify what new ventures can serve our customers the best
  • Look at the InsureTech and FinTech markets to identify best practices and possible partners
  • Run market research and create the business case for new ventures
  • Work with other Veygo senior managers to design and release our new ventures
  • Take responsibility of the day to day running of the business
  • Embrace our Lean mindset and be a leader in our Kaizen practices

This is not a full definition of the role but covers the main aspects and drivers for success.

Experience and Qualifications Required

Essential:

  • An existing track record of excellence and an ambition to push yourself higher
  • An entrepreneurial mindset and the desire to make a difference
  • Attention to details and a willingness to roll up your sleeves and look “under the hood”
  • Strong analytical skills and problem-solving capacity
  • Be able to build and execute a team or project budget
  • All around business awareness and the ability to tackle any issue (with the help of the rest of the team)
  • Be a team player: be able to see the interest of the customer and support the team above all
  • Experience of, or an interest in working in a Lean environment with a test and learn, MVP mindset
  • Proven ability to interact efficiently with other teams

Desirable:

  • MBA or Master level degree
  • Proven ability to run a team or a project

About Admiral

We're Wales’ only FTSE 100 company with forward-thinking approaches and endless opportunities to test, learn and grow. There's a reason we've been named a best place to work: Our progressive culture, core values, and commitment to diversity and inclusion has created a working environment where people aren’t afraid to speak up and change things, and above all, are felt valued.

Based on innovation and organic growth Admiral has grown from being a small start-up into one of the largest car insurance providers in the UK. The company is constantly investigating new products, services and markets and is now in seven countries with a diverse product portfolio.

Admiral’s success goes hand-in-hand with having a strong people focussed culture. We believe that happy people make happy customers and happy customers help increase profits. Our philosophy is a simple yet effective one: people who enjoy what they do, do it better.

We truly care about our customers, they are at the heart of every choice we make. We’re very proud of the innovative products we offer and level of service we provide. Everything we do acknowledges the needs of our customers and by recruiting the right people, we can continue to provide great service and ensure an excellent experience for our customers.

Admiral people work hard to keep us at the top of our industry, and are rewarded for it—, great benefits, a share package based on company performance, work-life balance opportunities, nearby fitness and health centres, and other special perks.

Admiral Group is one of the largest car insurance providers in the UK with businesses all over the world.

Insurance
Cardiff
5,000 employees