POSP - Distribution Strategy & Insurer Relationships

A. Role Overview

We are seeking a highly skilled and strategic professional to lead the end-to-end POSP Distribution Strategy and Insurer Relationships at Jio Insurance Broking Limited. The candidate will be responsible for driving the overall distribution strategy, managing insurer relationships, overseeing commercial negotiations, designing and implementing operational processes, and ensuring seamless technology integration across the POSP channel.

This role requires a deep understanding of insurance products, risk & compliance frameworks, financial reconciliation (pay-in / pay-out), and digital enablement of large-scale distribution models.

B. Key Responsibilities

• Distribution Strategy & Business Growth : Develop and execute the POSP distribution strategy across all insurance lines, identify new opportunities, and build scalable models for channel performance.
• Insurance Partner & Stakeholder Management : Act as the primary contact for insurance partners and manage relationships
• Commercial Negotiations : Lead discussions on commission structures and revenue models, ensuring competitive positioning and ownership of commission pay-in / pay-out.
• Process Design, Implementation & Governance : Standardize POSP processes (onboarding, training, issuance, servicing, claims), ensure operational efficiency, and implement governance for risk mitigation.
• Risk, Compliance & Regulatory Alignment : Ensure compliance with IRDAI guidelines, identify risks, and maintain regulatory adherence.
• Technology Integration & Channel Digitization : Drive IT integration with insurer systems, build automated workflows, and digitize POSP operations.
• Finance & Reconciliation Ownership : Oversee POSP financial operations, including commission pay-in / pay-out, reconciliation, and statutory compliance.

C. Candidate Profile

Must-Have Experience

Skills & Competencies

Education

D. Why Join Jio Insurance Broking Limited?