AVP - Product & Strategy - Motor Agency/Health Agency

5 - 9 years

0 Lacs

Posted:15 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an Assistant Vice President (AVP) - Product & Strategy for Motor Agency/Health Agency at Tata AIG General Insurance Company Limited, your role will involve leading the Channel Product & Strategy for the Motor/Health Agency channel of the consumer business. You will be responsible for developing Annual Operating Plans (AOPs) and analyzing key financial metrics to drive the financial and strategic goals of the Consumer Lines Business. Your role will require close partnership with business leadership teams to steer various business objectives. You will need to comprehend large data sets and prepare C-level summaries for management reporting, providing actionable business insights. **Key Responsibilities:** - Understand channel dynamics and collaborate with business teams to drive channel growth - Define channel Key Performance Indicators (KPIs), incentives, and ensure smooth execution - Collaborate with business and product teams on product pricing, commissions to ensure profitability - Conduct competition benchmarking on product features, underwriting, and claims - Track various business metrics and take corrective actions as needed with stakeholders - Design campaigns at both channel and employee levels - Prepare MD-level presentations on channel reviews and strategic initiatives - Play a pivotal role in Annual Budget preparation, discussing with various Channel and Product Heads, ensuring timely delivery - Develop and enhance budgeting, financial projections, and operating forecasts - Partner with business teams to set annual budgets for respective channels and monitor financial metrics monthly - Identify violations for various underwriting ratios, finalize actionable solutions, and ensure implementation If you are passionate about making a meaningful impact in the insurance industry and possess the skills to analyze data, drive strategic initiatives, and collaborate with cross-functional teams, Tata AIG General Insurance Company Limited welcomes your application for the AVP - Product & Strategy role in Lowerparel, Mumbai. Tata AIG is an equal opportunity employer, and we encourage candidates from all backgrounds to apply for this role.,

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