Chief Operating Officer Insurance Software

Exciting Chief Operating Officer job! Our Client is an Alabama-based insurance software company serving the life and health insurance and annuity industry through its proprietary policy administration platform. Above all, they help insurance companies become more efficient and agile by embracing technology solutions. Also, they are experts in the insurance industry and specialize in assisting their clients efficiently develop products through their software platform. Furthermore, they provides a proven policy administration system that services policies throughout the entire policy lifecycle. Join our Client in changing the insurance industry so all companies can be more agile and better serve their customers. Salary between $150,000 and $175,000 plus all normal benefits including medical, dental, life and matching 401K.  Potential for bonus. Apply now for this exciting Insurance Software Product Vice President job by clicking on the Apply Now button above! This is Job 2870.

Position Overview:

Our Client is looking to hire a Chief Operating Officer that is passionate about insurance and technology. This represents the rare opportunity to join a bureaucracy-free, growing company whose products are being used across the globe with world class insurance companies. The role reports directly to the President and Board of Directors. The Director of Operations will be responsible for day to day operations at the Company, including but not limited to, contract and project management, general operations support, technology roadmap execution, financial reporting, payroll, accounts receivable, and human resource management.

Duties

  • Above all, Chief Operating Officer will direct the Company in keeping with the vision outlined for Client by its Board of Directors
  • Partner with our Client’s officers to grow the Company, strengthen it and ensure its sustainability
  • Furthermore, represent the Company as required, including attendance of important functions, industry events and public meetings
  • Work closely with the accounting department to prepare annual budgets, complete risk analysis of capital projects, and advise the Board of Directors on capital allocation decisions
  • Also, work closely with Human Resources (HR) regarding hiring practices, payroll and benefit disbursement
  • Oversee quality control throughout the company, establishing goals for each department in partnership with division managers
  • Ensure our Client provides premier customer service
  • Support employee professional growth and job satisfaction
  • Ensure that expenditures of the Company are within the authorized annual budget of the Company
  • Assess the principal risks of the Company and to ensure that these risks are being monitored and managed
  • Also, ensure effective internal controls and management information systems are in place. Ensure that the Company has appropriate systems to enable it to conduct its activities both lawfully and ethically
  • Most noteworthy, ensure the Company creates and produces quality products that meets the expectations of our customers
  • Also, accomplish financial goals set by the Company’s Board
  • Responsible for the strategic planning, technology review, enterprise architecture, IT standards, customer engagement, modernization of existing technology, development and maintenance of all software development
  • Finally, provide oversight of software development and quality assurance

Required Knowledge and Skills

  • Above all, strong people management experience
  • Analytic approach to problem solving, a collaborative critical thinker
  • Must be a self-starter, self-motivated, highly flexible, with excellent communications skills
  • Highly values diversity of experience, views, backgrounds and orientation in a group-team setting
  • Methodical approach with strong organizational skills to manage parallel opportunities concurrently
  • Positive, can-do attitude and high energy and possess a strong work ethic
  • Able to demonstrate a high level of integrity, and a desire for high quality
  • A proven track record of success meeting or exceeded goals/targets
  • Strong facilitation skills both within the organization (e.g., with Board, management, and staff) and across organizations (e.g., discussions among clients and partners)
  • Excellent analytical skills and the ability to develop and evaluate business and financial projections
  • Demonstrable project management experience in a fast-paced environment
  • Ability to manage 4-6 simultaneous engagements with varied customers •
  • Excellent presentation and communication skills at the senior executive and board levels
  • Analytical with an ability interpret information into strategy for clients
  • Proactive, confident, adept at winning and influencing others
  • Capable of managing teams under hard deadlines, and works well under pressure and embrace change, and deal with changing priorities and focus
  • Ability to project a professional image
  • Knowledge of regulatory standards and compliance requirements for the Insurance industry.
  • Strong organizational, prioritizing and analytical skills
  • Ability to make independent decisions when circumstances warrant
  • Working knowledge of computer and software applications used in job functions within the Insurance industry
  • Most noteworthy, understanding of software development lifecycle and exposure to AGILE and SCRUM methodologies.
  • Strong analytical and problem-solving skills
  • Self-starter with excellent interpersonal, motivational, and facilitation skills
  • Strong verbal, written, organizational and interpersonal skills are required.
  • Multi-Task and Detail Oriented – with a critical eye to team projects and performance.
  • Ability to lead a team environment
  • Finally, MS Office and Quickbooks Proficiency

Required Education and Experience

  • Bachelor’s Degree in computer science or related field
  • Masters in Business Administration or Finance desired
  • Insurance designations desired (e.g. FLMI, CLU, ChFC, CFA, CLTC, etc.)
  • Above all, 5+ years of experience in the software development industry
  • Also, 10+ years of experience in Insurance or Financial Services industry
  • Finally, 10+ years’ experience developing strategy in a likeminded field or background

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Additional resource links for Alabama: State of Alabama and Wikipedia.

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