AVP - Product & Strategy - Motor Agency / Health Agency

Tata AIG General Insurance Company Limited is a joint venture between Tata Group and American International Group (AIG). Since its set-up in 2001, the Company has grown strongly to emerge as the preferred private general insurance company in India with several pioneering firsts to its credit. Driven by a mission to create better tomorrows for Customers by delivering trustworthy and innovative risk solutions, Tata AIG's broad portfolio of protection covers are backed by years of professional expertise in product offerings, exceptional service capabilities and seamless claims process management.

We are currently seeking passionate individuals who are eager to make a meaningful impact in the world of insurance. If you're looking for a rewarding career that combines cutting-edge technology, customer-centric solutions, and a commitment to excellence, you have come to the right place. Explore our exciting opportunity below and be part of an organization that is shaping the future of insurance.

Job Title : AVP - Product & Strategy - Motor Agency / Health Agency

Location : Lowerparel, Mumbai

Job Description :

This role is responsible for leading the Channel P&S for Motor / Health Agency channel of consumer business. Team takes care of developing AOPs, analyzing and developing key financial metrics to drive financial / strategic goals of the Consumer Lines Business. The role will require partnering closely with business leadership teams for steering various business objectives. This role would require comprehending large data sets and prepare C-level summaries for management reporting

along with actionable business insights.

Business Strategy

1.Understand channel dynamics and work closely with business teams to drive channel growth

2.Define channel KPIs, Incentives and ensure smooth execution of same

3.Work closely with business and product teams on product pricing, commission to ensure profitable business

4.Competition benchmarking on Product features, underwriting & claims.

5.Track various business metrics and take corrective actions wherever required along with various stakeholders

6.Design campaigns at channel and employee level

7.Work MD level presentations on channel reviews and various strategic initiatives

Annual budgets / P&L simulations / Scenario planning / Business Partnering

8.Pivotal role in Annual Budget preparation, discussing with various Channel and Product Heads, bringing all stakeholders together to seamlessly deliver the budget within the desired timelines

9.Develop and continually improve budgeting, financial projections, and operating forecast

10.Partnering with business teams to set the annual budgets of their respective channels and monitor financial metrics monthly

11.Raising violations for various underwriting ratios w.r.t boundary conditions on monthly basis, finalizing actionable and ensuring implementation of actionable

How to Apply :

If you are excited to be part of a team dedicated to innovation and excellence, please submit your resume. We look forward to reviewing your application and welcoming you to Tata AIG, where your skills and ambitions can thrive.

Tata AIG is an equal opportunity employer, and we encourage candidates from all backgrounds to apply for this role.

Skills Required

Budget Preparation, Product Pricing, Financial Metrics, Business Strategy