Insurance Operations Vice President

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

The Insurance Operations Program Manager role is a full-time role based in New York as part of the Sixth Street Insurance Operations & Program Management Office (PMO) team.  The Insurance Operations & 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 in the following areas:

• Operations, expense, and technology 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 and system/data conversions
• Operating expense planning and budgeting for portfolio companies
• Mature interaction and engagement models with portfolio companies

As an Operations Program Manager the candidate will play a key role in the continued build-out and expansion of the Insurance business unit.  The candidate will work closely with Sixth Street’s investment professionals, portfolio company leadership teams, and internal and external partners to drive performance improvements across the platform and maximize Sixth Street returns.  The candidate will provide support for the Sixth Street Insurance U.S. portfolio companies, as well as European portfolio companies. The overall objective of the role is to increase the value of the insurance portfolio by working closely with stakeholders to deliver on the Insurance Business Plan.

Core Responsibilities

• Work with portfolio companies to enhance operational, technology, and expense performance
• Perform operational due diligence on deals / M&A transactions; assess operational and technology synergies and conduct operating expense analysis to inform bid pricing
• Partner across Sixth Street asset management, accounting, operations, and engineering teams to build-out and mature infrastructure to onboard and manage insurance LP investment management mandates
• Contribute to portfolio company operating expense and budgeting planning including staffing level assessments
• Provide operational risk oversight of portfolio companies and support operational risk assessments
• Recommend and support strategies to improve operations, process management, and project portfolio management of the Insurance business unit
• Contribute to improving and refining interaction and engagement models between Sixth Street and insurance portfolio companies
• Support the broader Insurance team on various projects in the U.S. and globally
• Partner across the Insurance business unit and other Sixth Street business units to deliver value for the franchise
• Work with Insurance portfolio companies on strategic priorities
• Success over the first 6-12 months will be defined by ability to drive improvement in the overall operational maturity of the Insurance business unit and the 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

• At least 5 years of experience driving strategic operations and/or technology transformation in financial services (preferably insurance)
• At least 5 years of program / project management experience
• Demonstrated ability to solve complex problems and deliver results in various business settings
• Thorough