- Business Strategy Leadership: Develop and implement the overall business strategy for the insurance vertical, aligning with Our client's vision and growth objectives.
- Strategic Partnerships: Forge and manage strategic partnerships with leading insurance companies to ensure the best offerings for our customers and to drive top-line growth.
- Product Innovation: Lead the development of differentiated product constructs, driving innovation in the insurance offerings to cater to evolving market needs.
- Regulatory & Compliance Management: Ensure compliance with all regulatory requirements, particularly in interactions with IRDAI (Insurance Regulatory and Development Authority of India), insurance companies, and internal teams.
- Category Growth & Customer Engagement: Drive the overall growth of the insurance category, focusing on enhancing customer engagement and satisfaction.
- Claims Management & Customer Satisfaction: Oversee the handling of insurance claims, ensuring a smooth process and high levels of customer satisfaction.
- Coordinate effectively with insurance companies and brokerage firms to resolve claims efficiently.
- Business Model Development: Propose and implement new business models for insurance, leveraging industry insights and customer feedback to drive innovation and growth.
Competencies/ Capabilities Required:
- Team Building & Management: Proven know-how in logistics of team building and management within a start-up or fast-paced environment.
- Leadership & Strategy: Proven experience in leading business strategy and managing P&L responsibilities at a national level.
- Partnerships & Innovation: Strong track record of building strategic partnerships and driving product innovation in the insurance sector.
- Regulatory Knowledge: Deep understanding of regulatory frameworks, particularly in relation to IRDAI, and experience in managing compliance interactions.
- Customer Focus: Demonstrated ability to enhance customer engagement and satisfaction through effective claims management and innovative product offerings.
- Communication & Collaboration: Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams and with external partners
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