Senior People Business Partner (Insurance)

Senior People Business Partner (Insurance) at Alpha FMC

Division: Business Operations

Function: People (HR, Recruitment, Learning)

Location: New York

About Alpha FMC

Alpha Financial Markets Consulting (Alpha) is a leading global consultancy to the financial services industry. Founded in 2003, we have worked for over 20 years to bring together specialist, sector-focused strategy, management consulting and technology expertise to support the entire client transformation lifecycle. Having partnered with more than 1,200 clients worldwide across the asset and wealth management, alternatives and insurance industries, Alpha is truly a trusted advisor for complex change programs. We now have over 1,180 consultants working with clients across North America, the UK, Europe, Middle East and APAC. In 2024, in recognition of our successful track record and strong growth prospects, Alpha was acquired by Bridgepoint, one of the world's leading quoted private asset growth investors.

Our people are at the heart of everything we do. We are delighted that many of our team have built long and fulfilling careers with us, many staying over a decade. We believe this is because Alpha offers a genuinely rewarding place to work: a meritocratic environment where your career can flourish, and a welcoming culture where you can be yourself, connect with others and thrive. As we look to the future, we’re excited to be looking for new Alpha colleagues - individuals who are collaborative, innovative and ambitious. We hope you will join us and help shape the next chapter of our growth journey.

Why join Alpha?

Established yet entrepreneurial – with over 20 years of success and a proven record on the London Stock Exchange, Alpha offers the stability of an established consultancy with the energy of a fast-growth business.

Backed by Bridgepoint – as part of one of the world’s leading growth investors, Alpha benefits from strategic investment that fuels innovation, expansion and new offerings – creating even more opportunity for our people.

Exposure to senior leadership – whether you are in an internal or a client facing role, you will have the opportunity to work with and learn from the best of the best – high performers at the top of their game.

Learning and growth opportunities – we run tailored training to help you be successful, provide you excellent mentorship, and offer up to 5 days paid training time per year. Perhaps the best training though is the experience on the job – as everyone at Alpha has high responsibility and autonomy, you can develop your skillsets quickly.

Performance-driven culture with real impact – advancement at Alpha is based on impact and capability, not tenure or quotas. You’ll have autonomy and see the tangible difference your ideas and decisions make.

Overview of Business Operation

While consultants focus on delivering client value, our 'Business Operations' function ensures that the company runs efficiently and appropriately across a number of operational areas: Finance, People, Operations, IT, and Legal, Risk & Compliance. Together, these teams ensure the consultants are fully supported - working from a strong operational base that’s efficient, innovative and compliant. Business Operations doesn’t just enable delivery; it empowers Alpha’s long-term success. ‘People’ at Alpha refers to all parts of the employee lifecycle – including Recruitment, HR and Learning.

Role & Requirements

We are investing into a Senior People Business Partner aligned to our Insurance division.

The Senior People Business Partner (Insurance) role is a strategic dual role, embedded into both the business unit (Insurance) and the Business Operations function (People function) to ensure alignment with Insurance division’s strategic goals, while also maintaining strong ties with Business Services to uphold functional standards and best practices.

The Senior People Business Partner (Insurance) has dual reporting lines:

To the Business Head – reporting to the Global Head of Insurance , who provides day-to-day direction, priorities, and operational objectives.

To the Business Operations – reporting to the Group Head of HR and Head of Recruitment & Learning , who ensure functional alignment, capability development, and mentoring support.

This structure enables the Senior People Business Partners (Insurance) to deliver tailored people solutions that are both strategically aligned with the Insurance division and consistent with Group-wide HR practices.

Key responsibilities include:

Leadership Engagement:

Engage directly with senior leaders as a trusted business partner.

Have a ‘seat at the table’ to facilitate the business vision and to define the people agenda behind that.

People Strategy Definition:

Analyze people data to identify trends, strengths, and gaps across recruitment, HR, and learning.

Define, iterate and drive the strategy across the people agenda – ultimately answering key questions e.g. what our employer value proposition is, how do we attract the best talent, and how do we manage, develop, and retain talent to help them be successful.

Drive strategic improvements across the employee lifecycle.

Partner with the Finance Business Partner to make sure recommendations are commercially relevant and executable.

Key Processes Management :

Drive and oversee annual business-as-usual (BAU) processes:

Talent Acquisition: year-end and mid-year planning and budgeting processes

HR: year-end and mid-year job evaluation, compensation planning and goal setting

Strategic Project Management:

Lead or oversee key initiatives based on the Business Unit’s People strategy and priorities covering:

Strategic Workforce & Talent Planning

Develop and implement workforce strategies aligned to business plans, anticipating future skills and capacity

Partner with divisional leaders to plan headcount growth and critical role coverage.

Shape recruitment priorities based on commercial demand, utilization patterns, and emerging practice/proposition areas.

Performance, Reward & Retention Strategy

Partner with divisional leadership and finance to evolve reward frameworks that support growth, profitability, and retention. This will include assessing reward against an benchmark and making recommendation to division leadership and the board

Identify retention risks in key talent pools and co-develop targeted retention interventions.

Employee Engagement

Drive employee engagement initiatives by partnering with leadership to foster a positive work culture, improve retention, and enhance overall employee experience.

Leverage engagement survey data and employee feedback to identify trends and recommend targeted action plans.

Leadership Development & Succession Planning

Support and coach senior leaders to enhance leadership effectiveness and build high-performing teams.

Monitor emerging talent and partner with leadership to identify and develop future leaders. Lead succession planning processes that anticipate organizational growth and mitigate leadership risk.

Provide focused oversight to Senior Leadership transitions (including onboarding & exits)

Capability Development & Learning

Partner with divisional leaders to design and deliver a training framework for each level that addresses the division’s strategic priorities, client needs, and skill gaps.

Lead the continuous review and evolution of each division’s career framework, ensuring it reflects current market expectations, future skills, and the changing consulting environment.

Collaborate with divisional leadership to evolve all people related matters (career, recruitment, etc.) as we deploy AI and other emerging technologies that enhance productivity, streamline delivery, and evolve the nature of the consultant role.

Organizational Design & Growth Enablement

Advise on team structures, spans