Business Unit Head
2 hours ago
STRATEGIC RESPONSIBILITIES:
- Develop and execute strategies to drive growth, profitability, and market share for the life insurance portfolio.
- Lead market expansion through new business opportunities, channels, and partnerships.
- Oversee product development to ensure competitive, customer-focused, and compliant life insurance offerings.
- Manage financial performance by setting KPIs, budgets, and profitability targets.
- Ensure regulatory compliance and implement risk management practices.
- Build and lead high-performing teams with strong talent development and succession plans.
- Strengthen relationships with regulators, reinsurers, partners, and key stakeholders.
- Drive digital transformation and process improvements for efficiency and customer experience.
- Leverage data and analytics for informed decision-making in pricing and underwriting.
- Enhance brand reputation through strategic positioning and corporate initiatives.
QUALIFICATIONS:
Education:
- Bachelor's degree in Business Administration, Finance, Economics, Insurance, or related field (Master's degree or MBA preferred).
Experience:
- At least 10 years of progressive experience in the insurance industry, with at least 5 years in a senior leadership role.
- Proven track record in strategic planning, business development, and financial management.
- Experience in product development, distribution channel management, and regulatory compliance.
- Background in digital transformation and implementing data-driven strategies preferred.
Knowledge & Skills:
- In-depth knowledge of insurance regulations, underwriting practices, and market trends.
- Strong financial acumen with expertise in budget management and profitability analysis.
- Exceptional leadership, team-building, and decision-making abilities.
- Excellent negotiation, presentation, and stakeholder management skills.
- Strong analytical and strategic thinking skills.
Personal Attributes:
- Visionary leader with a growth mindset and customer-centric approach.
- High ethical standards and commitment to compliance.
- Adaptability to changing markets and technologies.
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