Key Responsibilities:
1. Leadership and Management:
- Lead the insurance process profile from the sales side, ensuring alignment with business goals.
- Provide leadership at the medium level, handling the end-to-end insurance process.
2. Product Line Management:
- Oversee the design of policy issuance processes for Motor, Health, and Commercial lines.
- Ensure the smooth distribution process and manage all allied activities related to product lines.
3. Process Design and Implementation:
- Design and implement new processes in coordination with other departments.
- Finalize new processes by collaborating with various stakeholders.
4. Coordination and Training:
- Coordinate with other departments for the finalization of new processes.
- Develop and conduct training programs to ensure all relevant personnel are knowledgeable about new processes and best practices.
- Ensure continuous training and development to keep the team updated on process improvements and industry standards.
5. Continuous Improvement:
- Periodically review processes to identify areas of improvement.
- Simplify overall processes and practices for increased efficiency.
6. Benchmarking and Competitor Analysis:
- Perform cross-comparisons of processes with competitors.
- Identify industry best practices and implement them within the organization.
7. Innovation and Automation:
- Propose innovative ideas and automation solutions to enhance process efficiency.
- Initiate and manage automation requests if development is required.
8. Stakeholder Engagement:
- Initiate discussions with stakeholders to finalize processes.
- Ensure clear communication and coordination among all involved parties.
9. Performance Metrics:
- Monitor and report on key performance indicators (KPIs) related to process efficiency and effectiveness.
- Ensure processes contribute to the top-line and bottom-line objectives of the company.
Qualifications:
- Master degree in Business Administration, Insurance, or a related field. A Master's degree is preferred.
- Minimum of 6 years of experience in insurance process management or a similar role.
- Strong understanding of Motor, Health, and Commercial insurance products.
- Proven experience in process design, implementation, and continuous improvement.
- Excellent leadership and team management skills.
- Strong analytical and problem-solving abilities.
- Excellent communication and stakeholder management skills.
- Proficiency in process automation tools and techniques.
Personal Attributes:
- Highly organized with an ability to manage multiple priorities.
- Strong attention to detail.
- Proactive and innovative mindset.
- Ability to work effectively in a fast-paced and dynamic environment.
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