Insurance Technology Program Manager, New York

Описание вакансии

About Sixth Street Insurance

Sixth Street Insurance focuses on strategic partnerships, corporate acquisitions, reinsurance, and other balance sheet bolstering transactions across the global insurance sector.  Sixth Street pursues these opportunities through a dedicated team of investment professionals and insurance experts located across North America and Europe.

The Role

This is a full-time role based in New York. The Sixth Street Insurance Operations & Program Management Office (PMO) Team is responsible for providing support, subject matter expertise, and strategic insight to the Sixth Street Insurance business unit and Sixth Street portfolio companies.  As a Vice President, you will play a critical role in enhancing portfolio company operations through a technology and engineering lens. You will be a key partner to the investment team, supporting the underwriting of new deals by assessing technical infrastructure and identifying opportunities to leverage advanced technology solutions, including AI, to improve platform performance and scalability.

As an Insurance Technology Program Manager in the Sixth Street Insurance Operations & PMO Team, you will play a key role in the continued build-out and expansion of the Insurance business unit in the following areas:

• Due diligence of M&A / deal pipeline
• Insurance business unit project portfolio management and report syndication support
• Program and project management of key initiatives
• Management of key business processes for the Sixth Street Insurance team
• Support of portfolio company technology projects, system/data conversions, portfolio / product integrations, and outsourcing efforts
• Operating expense planning and budgeting analysis and oversight of portfolio companies
• Mature interaction and engagement models with portfolio companies

The candidate will work closely with Sixth Street’s investment professionals, portfolio company leadership teams, and internal engineering partners to drive tech transformation and performance improvements across the platform and maximize returns. The candidate will provide support for the Sixth Street Insurance portfolio companies across the U.S., Europe, and Bermuda. The overall objective of the role is to increase the value of the insurance portfolio by working closely with both internal and external stakeholders to deliver on the Insurance Business Plan.

Core Responsibilities

• + Deal Underwriting & Due Diligence: Lead the assessment of technology stacks, data architecture, and IT costs for deals / M&A transactions; perform due diligence on potential technology synergies, tech debt, and estimate the costs of integrating targets into existing portfolio companies or enhancing standalone platforms to inform bid pricing

+ Portfolio Company Tech Enhancement: Partner with portfolio company CTOs and COOs to modernize their engineering cultures and technology infrastructure, focusing on scalability, security, and operational efficiency. Provide strategic advice, insights, and support to portfolio companies on their technology transformations, data and portfolio migrations, and outsourcing strategies

+ AI & Modern Innovation: Identify and implement advanced technology solutions, including AI and machine learning, to automate insurance processes (claims, policy administration, etc.) and improve the performance of the Sixth Street Insurance business unit

+ Integration Management: Provide oversight and strategic direction to the technology roadmap of new acquisitions, ensuring seamless system and data conversions while minimizing operational disruption

+ Platform Capability Build-out: Collaborate with Sixth Street’s internal Engineering and Data teams to build out solutions for monitoring and managing insurance investments and real-time portfolio reporting. Recommend and support strategies to improve systems, processes, and scalability of the Insurance business unit

+ Expense Optimization: Conduct deep-dive analysis into portfolio company technology spend, recommending vendor consolidations, outsourcing strategies, and cloud-native transitions to improve margins

+ Risk Assessment: Provide operational risk oversight of portfolio companies and support risk assessments and mitigation strategies related to technology infrastructure

+ Strategic Advisory: Provide subject matter expertise on emerging InsurTech trends and how they can be applied to create a competitive advantage for Sixth Street’s insurance business unit

+ Cross Platform Collaboration: Contribute to improving and refining interaction and engagement models between Sixth Street and insurance portfolio companies

What we value

• Highly motivated, entrepreneurial, and team-oriented candidates with strong problem-solving skills
• Commercial and results orientation
• Team orientation and influencing skills
• High trust and integrity
• Strategic and entrepreneurial mindset
• Strong combination of organizational and interpersonal/communication skills
• An ability to work through others to influence outcomes, as well as a willingness to “roll-up your sleeves” to get things done
• Bias for action, change, and transformation
• Significant attention to detail and ability to identify what matters most in a complicated operating environment
• Team player with focus on joint success over individual accolade
• Well organized and able to work on, and track, multiple projects concurrently
• Motivated to work in a growing and a fast-paced, growing business

Preferred

• 5-10 years of experience driving technology transformation in financial services (preferably insurance)
• 5-10 years of program / project management experience
• Experience driving outsourcing of operations and technology business functions including contract design and negotiation with counterparties
• Demonstrated ability to solve complex problems and deliver results in various business settings
• Thorough understanding of how to evaluate ROI of various operations and technology improvement opportunities
• Self-starter who requires little direction
• Ability to multi-task and maintain composure in a high-volume environment
• Strong sense of urgency; ability to execute quickly and efficiently with strong attention to detail
• Strong verbal and written communication abilities
• Structured problem solver who is able to synthesize complex information from a variety of sources into implementable recommendations and solutions
• Ability to collaborate effectively across multiple teams.
• Strong prioritization and project management skills.
• Comfort working in a high growth, iterative environment
• Deep experience in financial services operations, preferably life insurance, annuities, and pensions in the U.S. and Bermuda markets
• Familiarly with investment and asset management operations for insurance companies a plus
• MBA, consulting experience, and PMP a plus
• Experience in private equity or alternative asset management a plus

Compensation

The base salary for this position is expected to be between $175,000 and $225,000. The base salary offered to the selected candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion.

About Sixth Street

Founded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth.

Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.

We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.

We believe adhering to our core values is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.

For more information, visit the Sixth Street Careers site or follow us on LinkedIn.

Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.

Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records.

If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara.

Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).

If you are not eligible for this role, please refer to our Careers Page for other opportunities.