Spark Capital - Specialist - Insurance Strategy & Channel Development

Specialist - Insurance Strategy & Channel Development

Responsibilities:

- Develop and implement business plans and strategies for insurance products and services.

- Analyse market trends, customer needs, competitor offerings, and regulatory changes to identify new opportunities and challenges.

- Liaise with insurers and negotiate contracts, terms, and conditions.

- Monitor and manage commission and payout processes and ensure timely and accurate reconciliation.

- Coordinate with internal teams such as sales, marketing, operations, finance, and legal to ensure smooth delivery of insurance solutions.

- Manage and develop relationships with existing and potential insurance partners and channels, such as banks, brokers, aggregators, etc.

- Provide training, guidance, and support to insurance partners and channels on product features, benefits, and processes.

- Evaluate the performance of insurance partners and channels and provide feedback and recommendations for improvement.

- Prepare and present reports and insights on insurance business performance, trends, issues, and opportunities.

Requirements:

- Bachelor's/PG degree in business, finance, insurance, or related field

- Minimum 5 years of experience in the insurance industry, with at least 3 years in a managerial or strategic role

- In-depth knowledge of insurance products, services, markets, regulations, and best practices

- Strong analytical, problem-solving, and decision-making skills

- Excellent communication, negotiation, and relationship-building skills

- Ability to work independently and collaboratively in a fast-paced environment.

- Proficient in MS Office and other relevant software tools