Partnership Director, Vitesse
London Market
2+ days a week in office
Cross-border payment solutions
Open for applications
Cross-border payment solutions
101-200 employees
Open for applications
2+ days a week in office
101-200 employees
Company mission
To be the treasury and payment provider of choice for the Insurance Market.
Role
Who you are
- Strong background/knowledge/network in the Insurance Industry - preferably Lloyds Market process
- Ideally understands the context of Delegated Authority Claims flow within the Lloyds Market
- Demonstrable experience of mentoring, coaching and developing colleagues/teams
- Confident communicator with excellent listening skills and an excellent sense of ownership and accountability
- Prior experience managing a complex, multi-faceted partnership or providing solutions cross functional matrix organisations would be highly advantageous
- Experience in a client facing role with a exemplary client-orientated focus
- Be a self-starter and willing to travel
What the job involves
- We are looking for a Partnership Director to join the Commercial team at Vitesse
- You will be responsible for growing our key strategic Lloyd’s and London Market initiatives
- A newly created role where we are looking for a subject matter expert to lead our partnership across the London market, firmly focused on our delivery of key market strategy
- This role is highly cross-functional, where you’ll work with senior stakeholders across our business, including the commercial, product, executive and operational teams to facilitate our strategic objectives
- You will have responsibility for a small group of specialists as part of our cross functional Lloyds market delivery team and work closely with our Chief Strategy Officer(CSO) and VP – Relationship Management
- Acting as a key Senior PoC initially through the Lloyds FCP market initiative – working across market association partners, you will be instrumental in delivering on our strategy to support the Lloyd’s market transformation programme, Blueprint2
- Acting as the principal point of contact and facilitator of all Lloyds market FCP connected relationships, including LIMOSS, Lloyds and relevant market associations
- Leading a small team to enhance and inform partner strategy for Lloyds initiatives towards the broader Blueprint 2 transformation. Working in close alignment with our CSO to deliver value to the Lloyds market
- Directing and co-ordinating efforts from commercial, product and operational teams at Vitesse towards Lloyds market initiatives, including our Faster Claims Payment (FCP)
- Developing and managing the transition to BAU Lloyds market service during 2024, co-ordinating the future state model with LIMOSS and owning the relationship as a service provider to the market across all Vitesse functions
- Financial planning and forecasting that will feed into wider company plans
- Owning representation in regular market forums, supported by the senior Commercial team stakeholders. (Internal, external forums, steerco, working groups etc)
Salary benchmarks
Our take
Vitesse PSP is a payment business providing global payment services to a range of businesses. Operating on one of the largest domestic banking and payment networks in the world, Vitesse gives its customers direct access to over 170 countries' domestic payment networks and processes over $6B in transactions.
It's focused on serving customers in the insurance market by providing improved liquidity management and faster claims settlement. Insurance is the largest market in terms of revenue, as well as the fastest growing, and as a result of Vitesse's success in the Lloyds of London market, the company has established itself as an industry leader.
Having closed a successful funding round, the company aims to double its revenue in the coming years whilst also focusing on growing its team across London and Rotterdam, and establishing a presence within the US market.
Freddie
Company Specialist
Insights
Some candidates hear
back within 2 weeks
36% female employees
60% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
May 2024
$93m
SERIES C
Feb 2022
$26m
SERIES B
Total funding: $127.5m
Company benefits
- Enhanced parental leave
- Sabbatical after 5 years' service
- 25 days holiday per year and bank holidays
- Hybrid working arrangements
- Contributory pension scheme
- Cycle to work scheme
- Private medical insurance with AXA
- Free access to Oliva our Mental Health Therapy partners
- Financial coaching with Octopus Wealth
Company values
- CONFIDENT HUMILITY - We don't do ego and we know that unless we all win, none of us win. We admit when we're wrong, we ask for help and always think about the wider business before ourselves
- DRIVEN TO SUCCEED - We see the opportunity ahead of us and we won't stop until we fulfil the potential we know we have. We hold ourselves to high standards and deliver high quality outcomes for Vitesse and our Customers
- TENACIOUS RESPONSIBILITY - We take ownership for our actions and decisions, and face into the challenges that come our way. We are committed to seeing things through to completion, even in the face of adversity
Company HQ
Holborn, London, UK
Articles
Leadership
Paul Townsend
(Chairman)Experienced in banking having previously worked for Barclays, Bank of New York, Earthport, and Neteller. Also founded the global payment service, Envoy Services.
Phillip McGriskin
(CEO)An experienced CPO having worked for Worldpay. Was also the Founder and CEO of Envoy Services.
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