Team Lead Line of Business Insurance

As a Team Lead in the Global Corporate & Commercial (GC&C) department at the Vikhroli Head Office in Mumbai, your primary responsibility will be to develop and execute the Line of Business (LOB) strategy, ensuring the achievement of business goals for the GC&C segment in India. You will be tasked with managing underwriting performance, governance, and profitability of the portfolio while also leading a team and cultivating strong market relationships. The ideal candidate for this role will possess a robust background in underwriting and portfolio management, coupled with exceptional leadership skills to drive results in a dynamic business environment. Your key responsibilities will include: - Developing and implementing a structured LOB underwriting strategy in alignment with global and regional GC&C guidelines. - Ensuring that underwriting activities adhere to defined risk appetite, capital requirements, and operational standards. - Driving market-facing underwriting initiatives and monitoring performance KPIs. - Cultivating a diversified and sustainable portfolio to achieve long-term profitability. You will also be responsible for managing the full P&L for the LOB, delivering top-line (GWP) and bottom-line (NTR) results, shaping the local value proposition, and strengthening client and broker relationships. Additionally, you will enforce adherence to technical underwriting guidelines, oversee data accuracy and quality, monitor premium adequacy, and reduce leakages to enhance portfolio profitability. Within the governance and controls realm, you will implement governance frameworks, ensure compliance with underwriting regulations, maintain ownership of local underwriting guidelines, and support internal functions like Audit, Finance, and Actuarial. Furthermore, you will build and lead a high-performing team, providing mentorship, coaching, and support for skill-building and technical development. To excel in this role, you should have a graduate/postgraduate degree in a relevant field, with a preference for candidates with a degree in Economics, Engineering, Statistics, or Physics. A professional insurance qualification is required, along with proven experience in underwriting a profitable LOB portfolio and managing a country-level underwriting portfolio. Your key skills should include a deep understanding of LOB strategy and portfolio management, strong market knowledge of general insurance and competition, risk assessment, pricing, and product development capabilities, as well as influencing, coaching, and leadership abilities. Proficiency in English is a must, and knowledge of additional languages is a plus. Additionally, a willingness to travel as required is essential to succeed in this role.,