Are you an excellent problem solver?

Are you experienced in insurance and looking to develop your career?

About the Business

LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Insurance vertical, we provide customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency. Our insurance risk solutions help drive better data-driven decisions across the insurance policy lifecycle – all while reducing risk. You can learn more about LexisNexis Risk at the link below. https://risk.lexisnexis.com/insurance

About our Team

As a member of the global analytics team, we serve the Chinese market, participating in the entire process from data value assessment, data mining, and analytical modeling to product validation and implementation. Our team provides opportunities to rapidly engage with the entire auto insurance industry (including large, medium, and small companies), quickly building a comprehensive understanding of the sector. We regularly exchange and learn from our 130+ data science teams globally, actively expanding our international perspective.

About the Role

To empower LNRS to achieve profitable revenue growth and market leadership. Focused on evaluating market problems, defining the strategic plans to grow and improve our business, and on creating new capabilities that drive revenue growth, customer acquisition and new market activity.

Responsibilities

• 1. Industry research and analysis:
• Track the development of the insurance industry, conduct in depth research on market trends, policies and regulations, competitive landscape and technological innovation of motor insurance and other insurance, and explore opportunities.
• For areas that can be explored, assess the potential market opportunities and risks, conduct sufficient market research, and provide data support for strategic decision-making.
• Monitor the impact of regulatory policies and the application of technology on the business, and quickly propose response strategies.
• Benchmark domestic and foreign innovation cases, and refine reusable business models.
• 2. Strategy formulation and planning:
• Lead the formulation of the company's medium- and long-term development strategy for the next 3-5 years, and clarify the business growth path.
• Collaborate with business departments to design competitive strategies for niche segments.
• Design resource allocation plans to ensure that the strategy is matched with implementation capabilities.
• Lead the decoding of the strategy, break down long-term goals into quarterly OKRs, and promote cross-departmental collaboration. Regularly review the progress of the strategy and propose dynamic adjustments.
• 3. Resource integration and strategic cooperation
• Establish an industry resource network (insurers, reinsurers, insurance technology companies, etc.) and promote cooperation opportunities and pilot projects.
• Evaluate potential targets for mergers and acquisitions or strategic investments (e.g., AI pricing teams for car insurance, TPA service providers for health insurance), and provide negotiation strategies.
  

Requirements

• Bachelor's degree or above, major in economics, finance, MBA, insurance, etc. is preferred.
• More than 10 years of experience in the insurance industry, with strategic thinking skills, including at least 5 years of responsibility for strategic design or business growth in the insurance industry (e.g., former head of the strategic department of an insurance company, strategic director of an Internet insurance platform).
• Experience in implementing strategies from scratch and being able to adapt to resource constraints in small and medium-sized companies (e.g. having led the entire process of innovative insurance products from market research to premium scale).
• Excellent industry research capabilities, proficient in using SWOT, PEST, Porter's Five Forces and other analytical tools. Able to independently complete market size estimation, business model design, etc.
• Innovative, collaborative team player with excellent interpersonal and communication skills including the ability to work across a highly matrixed organization, interacting, influencing, negotiating effectively with all levels of leadership and peers.
• Experience in cooperation in the field of insurance technology and in-depth understanding of insurance technology.
• Experience in strategic positions in leading insurance companies, consulting firms (e.g. McKinsey, BCG Insurance Group) or Internet insurance platforms.
• Demonstrated strong execution in strategic planning and resource integration, and experience in successfully building a business from scratch.

Learn more about the LexisNexis Risk team and how we work here

At LexisNexis Risk Solutions, having diverse employees with different perspectives is key to creating innovative new products for our global customers. We have 30 diversity employee networks globally and prioritize inclusive leadership and equitable processes as part of our culture. Our aim is for every employee to be the best version of themselves. We would actively welcome applications from candidates of diverse backgrounds and underrepresented groups.

We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law. We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form: https://forms.office.com/r/eVgFxjLmAK , or please contact 1-855-833-5120.

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