Business Head & COO - General Insurance | Gurugram |

Role and Profiles: COO and Business Head Insurance [General]

Exp: 20-25 Years

Location: Gurugram HR -Delhi NCR

Role Objective:

Key Responsibilities:

Strategic Leadership

• Develop and execute the

  company's long-term strategy to achieve growth, profitability, and market leadership.

• Establish

  company goals, objectives, and key performance indicators (KPIs) in alignment with the Board of Directors.

• Identify new market opportunities, innovative products, and potential partnerships to drive business expansion.

• Develop and communicate the

  company's vision, mission, and strategic objectives driving transformational agenda.

• Formulate and execute comprehensive business plans to achieve financial targets and market expansion.

Financial Management

• Ensure financial discipline and a sustainable growth path by managing budgets, investments and capital allocation.

• Supervise

  financial planning, reporting, and risk management, ensuring healthy profitability and cash flow.

• Drive cost optimization strategies while maintaining operational excellence and product quality.

• Market Positioning and Growth

• Identify and capitalize on market opportunities

  to enhance the

  company's market share.

• Foster relationships with

  key stakeholders, including regulatory bodies, to support business growth.

Risk Management

• Ensure compliance with all

  applicable laws, regulations, and ethical standards in the operation of the business.

• Oversee the companys risk management framework to identify and mitigate potential risks (market, operational, financial, etc.).

• Maintain strong

  corporate governance practices in collaboration with the Board of Directors.

• Stay abreast of

  industry trends, regulatory changes, and emerging risks to make informed decisions.

Relationship Management

• Build on

  existing strong engagements with intermediaries – Agents/Brokers/Banks

• Nurture and develop

  corporate relationships to ensure client acquisition and business retention.

Operational Excellence

• Streamline and enhance operational processes to ensure efficiency and customer satisfaction.
• Foster a culture of innovation and continuous improvement within the organization.

Leadership & Team Management:

• Build, mentor, and lead a high-performance leadership team, promoting a culture of accountability, innovation, and excellence.
• Foster a positive organizational culture, ensuring employee engagement, development, and retention.
• Conduct regular performance evaluations, and provide coaching and development opportunities for key personnel.

Preferred candidate profile:

Educational Qualifications

• Master’s degree in Business Administration (MBA) or equivalent.
• A background in Banking, Financial Services or Insurance Broking industry or related fields is preferred.

Core Experience

• 15+ years of experience in the General Insurance/ Broking or related sectors.
• Minimum 5 years of experience in a senior leadership role (CEO, COO, Business Head or equivalent
• Proven experience in managing multi-functional teams, operations, finance, and stakeholder relationships in a competitive industry environment.

Skills & Competencies

• Strong leadership and decision-making capabilities with the ability to drive company vision and inspire teams.
• Expertise in business strategy, operations management, and financial oversight.
• Excellent communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
• Deep understanding of the chemical distribution industry, global supply chains, and market trends.
• Demonstrated ability to lead transformational change and drive innovation.

For any query above, feel free to call / email me.

Perks and benefits:

Inline to benchmarks in Insurance Broking Sector

Performance linked Incentives