Head - Research - Insurance/Insurance Broking

Position Name - Head of Research

Location - Mumbai

Experience Range - 10 years+

Work Model - Work from Office

Mandatory Requirement:

- 10+ years of experience in market research, data analysis, or related roles, with at least 5 years in a leadership position.

- Proficiency in research tools, data visualization software, and statistical analysis.

Job Roles and Responsibilities:

Department Setup:

- Design the structure of the Research & Analysis department, including defining roles and responsibilities.

- Develop and execute a recruitment plan to build a high-performing research team.

Research Strategy and Execution:

- Define the objectives and scope of research activities aligned with the company's strategic goals.

- Develop and implement research frameworks, methodologies, and standard operating procedures - (SOPs).

- Lead the execution of market research, client insights, and competitive analysis projects.

Data Management and Analysis:

- Identify and procure necessary tools and technologies for research and data analysis.

- Oversee the development of a data infrastructure to support research activities.

- Ensure data governance, quality, security, and compliance.

Reporting and Insights:

- Develop standardized reporting templates and visualization tools to present research findings.

- Provide actionable insights and recommendations to support decision- making by the sales and strategy teams.

- Establish mechanisms for regular reporting and feedback.

Team Leadership and Development:

- Recruit, onboard, and mentor research team members.

- Foster a collaborative and innovative team culture.

- Conduct regular training and knowledge-sharing sessions to enhance team capabilities.

Continuous Improvement:

- Monitor and evaluate the performance of the research team and its impact on the organization.

- Implement a continuous improvement process to refine research methodologies and tools.

- Stay updated with industry trends and best practices in market research and analysis.

Qualification and Experience:

- Master's degree or higher in Business Administration, Market Research, Data Science, Economics, or a related field.

- Experience in the insurance or financial services industry is highly desirable.