Pramerica Life Insurance - Deputy Vice President - Corporate Strategy

DVP Corporate Strategy

Role Details :

Job Title : DVP Corporate Strategy

Location : Gurgaon-HO/Mumbai/Bangalore

Department : Corporate Strategy Based out of Head office

Report to : VP Corporate Strategy Grade

Position Summary :

- The position will provide the primary support to the function head in leading the identification of strategic issues & development & incubation of opportunities, particularly in Sales & Distribution, which could influence business growth and profitability.

- The duties are inclusive of competitor benchmarking, marketing program effectives, industry intelligence, consumer knowledge, and development of strategic initiatives.

- The individual would support the department head in launching high priority strategic initiatives, working with the business's leadership, executives, and stakeholders.

Key Responsibilities :

- Crafting strategic initiatives through the development of work plans, gathering and generation of relevant data, driving analyses, and the development of actionable recommendations.

- Own new initiatives, incubate new capabilities, find product market fit and scale opportunities.

- Provide short and long-term strategic recommendations to the business's executives that are meant to develop and capitalize business opportunities and respond to new threats.

- Analyze strategic rationale by performing regular financial, competitive, performance, and market analyses for the business in order to comprehensively value business opportunities

- Ensure development of well-founded strategies are presented to the relevant leadership to guide annual business plans.

- Prepare regular management updates to the shareholders and external stakeholders including but not limited to the Board updates.

- Create and track the company performance scorecard.

- Drive awareness and insightful analyses of the market and transaction trends as well as identify and explore any adjacencies to the business in order to ascertain risks and opportunities.

- Draft regular industry and business analysis reports for senior management, business leadership and executives, and relevant stakeholders for purposes of further decision making.

- Overseeing the activities of team members in the effective management of projects across the business.

Job Specifications :

- 10-12 years of PQE in Consulting/Strategy/Channel Program Management/Channel Initiatives/etc. ideally in a life insurance company

- Highly numerate and Business savvy

- Has a strong understanding of distribution channels (at least one of Agency/Banca/CABr), key business drivers & growth initiatives

- Reasonable grasp of channel P&L

- Strong industry network

- Ability to structure projects and be responsible for on time delivery

- Ability to prepare well-structured storylines

- Keen eye for trends impacting business

- Growth mindset with willingness to continuously learn more