Business Strategy & Engagement Lead - Commercial Lines Segment - Insurance

JOB PURPOSE

Business Context: Commercial Lines

- Caters to the need of diverse Enterprises and Corporates across customer segments, through multiple channels offering various products under major LOBs like Property Marine Engineering Liability Employee Benefits and Miscellaneous.

- CL Product and Strategy Team is an integral part of CL Business Function (Product Towers for each LOB and Distribution Teams - Broking and Direct), contributes and collaborates with across stakeholders in the specific areas of Digital Transformation & Underwriting Automation, Business Strategy, Business Intelligence and Analytics, Clients & Channels Engagements and Performance & Campaign Management.

Job Purpose:

Leader: Business Strategy & Engagement Team. To be the market leader in Commercial Lines Segment the team is poised to evaluate the opportunity by analyzing economic growth, benchmarking competition, tracking success metrics & usher the same with strategic initiatives, planning, enablement to Sales and Product Towers with also driving engagement.

PRINCIPAL ACCOUNTABILITIES:

Accountabilities:

Major Activities:

- Enabling distribution and product towers with business intelligence, data & success metrics achievements & Performance Tracking

- Competition Benchmarking & Budget Planning

- Strategic Planning, Distribution Strategy & Product Strategy

- New Products & Niche market opportunity mapping & business enablement

Engagement:

- Distribution Engagement Strategy and Execution

- Client Engagement Strategy & Execution

- Commercial Lines Communication Strategy

INTERACTIONS:

Internal Clients: Roles you need to interact with inside the organization to enable success in your day to day work - Underwriters, domain experts & SME Zonal Product Tower heads, IT Team, Distribution & Product and Strategy Team, CL System & Process Team

External Clients: Roles you need to interact with outside the organization to enable success in your day to day work - Vendors, Regulator, Group Marketing agencies

SKILLS AND KNOWLEDGE

Educational Qualifications:

- Minimum 6 years' experience in business development, product management, business strategy, corporate communication role.

- Insurance Domain Knowledge

- MBA from premier institute