Business Head - Insurance Vertical - FinTech

Client is an upcoming player in the Fintech space and is seeking an experienced leader who will act as a Profit Center Head for Insurance Vertical at PAN India level.

Here's What You got to do;

- Manage the entire Insurance vertical PAN India with P&L Accountability for all Insurance products.

- Building distribution channels/agency channels PAN India with an objective to penetrate deep into the market. Acquire network of influencers and ensure activation of these channels by virtue of various initiatives and activities.

- Ensuring compliance with regulations and procedures as laid down by the IRDA by keeping up to date with all changes in the regulatory framework

- Understand the market dynamics and technological advancements in the Insurance industry and build strategies around the same.

- Create a road map for the business, based upon the vision of the organization, encompassing value creation for stakeholders, customers, channel partners and employees

- Responsible for overall Business/Distribution Strategy function, driving key business objectives centrally. Sound understanding of Agency business

- Responsible for designing all initiatives including rewards & performance management system for Business Associates/Channel Partners.

- Responsible for channel profitability & strategic initiatives to grow the business

- Topline/Initiatives to grow the business, Topline/Bottomline target achievement

- Developing and maintaining good working relationships with business associates, which will include but not limited to insurance brokers and independent financial advisers.

- Effective relationship management with Insurance companies.

- Monitoring and reporting on performance against agreed sales targets, including monitoring the performance of other staff

- Producing marketing literature and website content to support marketing campaigns

Here's What you need:

- MBA with 14+ years of experience in selling Insurance products, primarily Life Insurance.

- Deep understanding of the Corporate Agency sector in the Insurance industry.

- Proven track record in the Insurance Tech Space and Insurance marketplace and having a technological bent.

- Experience of working with Start-Ups and fast paced environment.

- A results-driven approach to work in order to meet targets

- Excellent communication and interpersonal skills, strong presentation skill

- Numeracy, especially the ability to analyze and interpret statistical data;

- Integrity, sincerity, and discretion;

- The ability to develop and deliver innovative ideas;

- Commercial awareness and a keen interest in business.

- Excellent time management skills and self-motivation