Bid Director
3 weeks ago
Role Context
The Bid Director sits within the Business Development function, responsible for generating organic growth to support Ardonagh Advisory's overarching budget and growth goals. The Business Development function develops and manages projects designed to increase new business conversions and improve client retention rates.
Role Description
The role leads a team responsible for bids, tenders, RFPs, RFIs, and other projects across all Ardonagh Advisory's divisions and teams. The role project manages bids from start to finish, across the bid lifecycle, including planning with stakeholders, project management, bid writing, liaising with bid graphic designers, and reporting. Building and maintaining bid libraries and contributing to team reporting on workflow systems is key.
Key Responsibilities
- Build a bid team that supports the growth objectives of the Ardonagh Advisory business, including bid managers, bid writers, bid operations, and bid graphic design.
- Manage a range of bids, tenders, RFPs, and RFIs across the Ardonagh Advisory business, including supporting the Business Development Director and Global Commercial Director as appropriate.
- Apply and educate trading divisions on the optimal process for bid qualification, management of pipelines, bid project management, and pitching to increase conversion rates.
- Promote best practice bid management and processes to Ardonagh Advisory teams, educating them on the benefits, supporting them on embedding the process, and providing tools and templates to assist them.
- Manage projects to identify target accounts, understand and map the likely bid cycle, and plan for the management of these opportunities.
- Record the outcomes of bids submitted to analyze hit rates, cut, and slice by region, country, team, and product.
- Develop mechanisms to gather client and customer feedback to factor into post-bid reviews.
- Manage projects to benchmark and improve client retention rates, examining trading practices and overlaying client feedback from bids to drive plans to improve service or product offerings.
- Work collaboratively with other Specialty functions, such as Marketing, Legal, Operations, Communications, and Compliance, to gather data, intel, information, and contacts to enable efficient production of bids and contribute to the Bid Library.
- Work collaboratively with other parts of the Group, including in the UK and internationally, to understand their product and service offerings and develop, launch, and manage joint bid management projects where appropriate.
Operational Excellence
- Manage the team effectively to ensure bids and associated projects are delivered in an efficient and timely fashion, with budgets managed and kept in line.
- Support the development of efficient and value-added bid management processes, using appropriate company systems, to support growth strategies and increase retention rates.
- Support the development of bid pipelines and workflow management processes for optimal management of projects and stakeholder updates to Ardonagh Advisory teams.
- Use progressive AI technologies to optimize team efficiency and output.
- Develop understanding of how to use Edge/Power BI data and analytics strategically to support planning and tracking of performance for reporting.
- Work proactively with the Digital and Data teams to further the Edge/Power BI reporting suite to support the Bid Team and wider Business Development function.
- Develop understanding of other company systems, such as Monday.com and SharePoint, to support project management and workflow.
- Flag potential risks, conflicts of interest, or areas for improvement with team management to track, manage, or escalate.
Personal/Professional Development
- Proactive participation in the annual objectives setting/appraisal process and the mid-year review process for individual development.
- Support the Business Development Director and Global Commercial Director to roll out the above process to direct reports to support their professional development.
- Proactive participation in the Skills & Behaviours framework to identify ongoing areas for professional development.
- Commitment to areas for professional development during the year, such as attending training, undertaking courses, and taking on new projects.
- Completion on time of mandatory training and recording of CPD.
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