Head Life Insurance

15 - 19 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Head of Life Insurance at our organization, you will play a pivotal role in shaping the strategic direction of our Life Insurance vertical. With over 15 years of experience in the Life Insurance sector, including a minimum of 5 years in a leadership capacity, you will lead the charge in driving business growth, ensuring regulatory compliance, and cultivating a high-performance team. Your responsibilities will encompass a wide range of areas, starting with strategic leadership where you will be tasked with formulating and implementing the long-term strategy for the Life Insurance business. It will be crucial for you to identify new market opportunities, spearhead product innovation, and explore avenues for expansion through digital channels and strategic partnerships. In the realm of Business Development & Sales, you will be responsible for devising sales plans, setting goals, and monitoring performance. Building strong distribution networks across various channels will be key, along with nurturing relationships with reinsurers, brokers, and partners to drive business growth. Your expertise will also be leveraged in Product & Marketing as you oversee the development, pricing, and positioning of life insurance products. Collaborating with the marketing team, you will design customer acquisition campaigns, ensuring that products are customer-centric and compliant with regulatory standards. Operational Excellence will be another focal point, where you will monitor and enhance underwriting, claims processing, policy servicing, and customer support. Driving digital transformation and process optimization will be essential to enhance efficiency and scalability. Regulatory & Compliance will be an area where your attention to detail is paramount. Ensuring full compliance with IRDAI and other regulations, maintaining risk management protocols, and overseeing internal audit processes will be critical aspects of your role. Team Leadership will also be a significant aspect of your responsibilities. Building, mentoring, and leading a high-performing team across functions will be crucial in fostering a culture of innovation, accountability, and customer focus. To excel in this role, you must possess a proven track record in the life insurance industry, with a deep understanding of insurance products, distribution models, and customer behavior. Your experience with digital transformation and data-driven decision-making will be invaluable, as will your excellent communication, interpersonal, and stakeholder management skills. In summary, as the Head of Life Insurance, you will be at the helm of a dynamic and fast-paced environment, driving business growth, ensuring compliance, and leading a high-performing team towards success.,

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