Implementation Analyst, Vitesse
2+ days a week in office (St Paul’s, London)
Financial infrastructure for insurance
Job no longer available
Financial infrastructure for insurance
201-500 employees
Job no longer available
2+ days a week in office (St Paul’s, London)
201-500 employees
Company mission
To empower the insurance ecosystem with a financial infrastructure that moves claims funds securely and in real-time.
Role
Who you are
- 8+ years’ experience of working within an Insurance, Fintech or Banking environment in a Project Management related discipline
- Must be highly analytical, organized and structured
- Excellent communicator. You should be a people person with a proven track record of establishing, building and maintaining strong, high value relationships
- A team player, with the ability to relate well with co-workers, customers, partners and other stakeholders
- Demonstrated ability to be proactive and self-driven, and at the same time flexible to the changing and evolving demands of the role
- A passion for start-ups with a mentality to get your hands dirty
- Working knowledge of Insurance industry processes, terminology and entities operating in the space
- A recognised Project Management qualification (e.g. Prince2 Foundation/Practioner) is considered highly desirable
- Experience in the following is considered desirable:
- Working understanding of payments industry processes, systems, and regulation
- Working knowledge of common payment scheme messaging formats: SWIFT, SEPA, Faster Payments, ISO20022 and Domestic ACH systems in various territories
- Technical understand of how API’s work
What the job involves
- In the role of Implementation Analyst, you will gain intimate knowledge of the way in which our clients interact with our product and be able to manage and support them in integrating with the
- Payment service interfaces we expose. You will work closely with internal subject matter experts including Sales, Operations and Product. This role will sit in the Commercial team function, reporting into Head of Client Solutions and Delivery
- Work collaboratively with our Relationship Management and Business Development function to deliver against the revenue targets and objectives set for the project
- Actively manage and maintain communication with all stakeholders - client contacts, programme manager and other internal stakeholders during life cycle of implementation project. Keep everyone informed of progress at all times
- Managing all aspects of Implementation projects, applying your project management experience and knowledge of key principles and best practice to ensure successful outcomes for all stakeholders, whilst coordinating and supporting team members
- Maintain management information alongside the usual project control mechanisms – Project Plans, RAID logs, RAG status reports, Lesson learned logs. Report on active client implementations, their respective implementation stage and any tracked risks and issues
- Where appropriate work with the loss fund analysts within the team to identify the book value, location and market detail of an insurer’s loss funds (using insurer’s dataset or data obtained from other sources) and construct a suitable implementation plan according to our defined process to bring them into Vitesse
- Become Intimately familiar with the Vitesse payment service offering and how clients interact with the system to be able to provide comprehensive support to clients during their implementation projects and general set-up with Vitesse
- Develop a detailed knowledge of the connection methodologies we offer for clients to link their systems to ours for the presentation of claim payment requests – API, Batch, Host-to-Host
- Help develop and refine the implementation process to improve speed and efficiency of the implementation journey. Focus on minimising the time to revenue and suggest pathways or efficiency savings to champion this
- Provide mentorship to the more junior Solution Managers in the team, shadowing their assignments where required to ensure a consistent approach across the team to client engagements
- Gain suitable knowledge and expertise of the environments within which we operate (e.g. Lloyds of London) and their ways of working. Understand the solutions that Vitesse offer in respect of this and the benefits and advantages therein
- Develop a knowledge and understanding of the payment processing methodologies and formats used by Vitesse and likely to be in use by our prospective clients (local ACH, Swift, CHAPS, BACS, US NACHA, Fedwire, ECheck, Postal Cheque, Interac etc etc). This knowledge will be needed to predict and adapt to adoption challenges when it comes to discover conversations and project delivery risks and issues
Salary benchmarks
Our take
Vitesse 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 180 countries' domestic payment networks and processes over $10B 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 and 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 successful funding rounds, 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 at Welcome to the Jungle
Company
Funding (last 2 of 3 rounds)
May 2024
$93m
SERIES C
Feb 2022
$26m
SERIES B
Total funding: $127.8m
Company benefits
- 25 days holiday (+ 8 bank holidays)
- +1 Extra day annual leave per year
- Hybrid working
- Pension scheme
- Cycle to work Scheme
- Private medical insurance
- Mental health Unlimited therapy
- 1 month sabbatical after 5 years of service
- Gym Subsidy
- Financial coaching
- 2 Days paid volunteering leave
- Learning & development
Company HQ
Holborn, London, UK
Leadership
Phillip McGriskin
(Founder & CEO)Prior to Founding Vitesse in 2016, Phillip spent nearly 5 years at Worldpay as a Chief Product Officer and Managing Director of Worldpay Features. Before that, they Founded Envoy Services where they served as the CEO for over 5 years.
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