Head of Life & Health India

12 - 17 years

20 - 25 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Responsible as the local Head of Life & Health business for the development & management of SCOR s long term L&H business strategies, client relationships, and profitable business with Life, P&C Companies (Health and Accident class) and Mono-Line Health companies in the India sub-continent.

Required experience & competencies

Education & Experience:
  • Minimum 12 years of relevant working experience in an insurance/reinsurance business in India
  • Strong market knowledge/awareness
Required Education
  • Bachelor s degree
  • Fellow of actuarial society (India, US, UK, Australian or equivalent) is preferred
Personal Competences:
  • Self-starter with resilience to co-ordinate and project manage to achieve the required outcome
  • Excellent analytical and time management skills
  • Team player with solution driven and result driven mentality
  • Flexible, can-do attitude with interest in career and skill development
  • Pricing knowledge is an advantage in Group and Individual Risk for an insurer or a reinsurer
  • Ability to understand and navigate complex technical issues
  • Treaty management experience
  • Ability to forge high performing cohesive teams (including effective collaboration with regional and global support teams)

Key duties and responsibilities

  • Responsible for designing and implementing the strategies for L&H India based on deep understanding of SCOR, competitive and overall market situations in India
  • Principal contact point/interface as the Head of Life & Health business for the delivery of SCOR s proposition to the local market - specifically Product, Pricing, Underwriting, Claims support for protection, Fin Sol and potential longevity solutions.
  • Increasing influence and reputation for SCOR L&H business in India.
  • Deep understanding about financial impact from new business generation & inforce management actions, work closely with other supporting teams to best manage local balance sheet and ensure maximize utilization of local capital

Relationships

  • Working with the proposition providers in the SCOR Group (Singapore hub and other parts of the SCOR Group as appropriate) to understand the opportunities and the nuance of the business in the region with a view to help the functions establish a profitable business portfolio in the market.
  • Be the interface between the Life, P&C Companies (Health and Accident class) and Mono-line Health companies in the market and the proposition providers within SGL.
  • Establishing good relationships with key stakeholders in the market (reinsurance buyers, underwriters, business development teams on behalf of the proposition providers).
  • Work in close coordination with the Chief Executive Officer of India Branch.
  • Keeping up to date with the Regulatory and market developments on the Life, Health and Accident space in the region for the primary market and reinsurance market.

Member of the following committees:

  • Executive Committee of SCOR SE India Branch
  • Executive Committee of SCOR L&H APAC

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