Chief Executive Officer (CEO) | FINJO N958

Job Title: Chief Executive Officer (CEO)

Location: Pune/Mumbai

Company: Shaw Insurance

Industry: Insurance

Experience Level: 20+ years

Employment Type: Full-time

Reports To: Board of Directors

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About the Company

Shaw Insurance is a newly established general insurance company, backed by reputed investors, aiming to redefine customer-centricity, digital innovation, and operational excellence in the Indian non-life insurance space. Our mission is to provide seamless, transparent, and accessible insurance solutions that protect individuals and businesses alike.

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Position Summary

The CEO will be the strategic and operational leader responsible for launching, building, and growing the company into a leading general insurance provider in India. The role demands a visionary with a strong grasp of regulatory frameworks, digital transformation, and the ability to scale high-performance teams and products in a highly competitive and regulated industry.

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Key Responsibilities

Strategic Leadership

• Develop and execute the company’s long-term vision, mission, and strategy in alignment with market opportunities and board expectations.

• Build and lead a high-impact leadership team across product, distribution, underwriting, claims, technology, finance, and compliance.

Business Growth & Market Expansion

• Drive growth across retail, SME, and commercial insurance lines through omni-channel strategies (digital, agency, bancassurance, corporate brokers, etc.).

• Identify and capitalize on emerging market trends, customer insights, and innovation to create competitive differentiation.

Regulatory & Governance

• Ensure full compliance with IRDAI regulations and all legal/statutory requirements.

• Develop a strong corporate governance structure and maintain transparency with stakeholders, board members, and regulators.

Technology & Innovation

• Leverage technology and data analytics to enhance underwriting accuracy, claims efficiency, customer experience, and fraud prevention.

• Oversee digital initiatives, AI adoption, and insure-tech collaborations for innovation-led growth.

Financial Management

• Ensure robust financial discipline, pricing adequacy, and profitability.

• Build a scalable cost structure and manage capital prudently, with clear metrics on RoI, combined ratio, solvency, and growth.

People & Culture

• Foster an ownership-driven, performance-led, and inclusive work culture.

• Build organizational capability through talent acquisition, retention, training, and leadership development.

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Key Requirements

• Experience: 20+ years in the general insurance industry, with at least 5 years in a senior leadership or CXO role.

• Domain Expertise: Deep understanding of underwriting, claims, distribution, reinsurance, and IRDAI regulations.

• Track Record: Proven ability to build and scale insurance businesses or verticals from inception or turnaround phase.

• Educational Qualification: Graduate/Postgraduate in Business, Finance, Actuarial Science, Risk Management, or related fields. An MBA or relevant certifications (FIII, CPCU) will be an added advantage.

• Leadership Style: Entrepreneurial mindset with strong decision-making, stakeholder management, and crisis leadership skills.

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Preferred Traits

• Experience in launching or working in start-up or digital-first insurance environments.

• Excellent communication and presentation skills.

• Strong network with reinsurers, regulatory bodies, channel partners, and key industry players.

• • Demonstrated ability to balance customer-first thinking with regulatory prudence and financial discipline.