07 Aug
|
Bean HR Consulting
|
Delhi
07 Aug
Bean HR Consulting
Delhi
Senior Vice President Insurance Operations (Policy Services & Underwriting), London Market (Property & Casualty Insurance experience ONLY)
Location: Gurgaon / Noida, India (Hybrid)
Department: Insurance Operations London Market
Role Overview
The Vice President – Insurance Operations (London Market) is a senior leadership role accountable for defining and executing the operational strategy for London and Lloyd’s market policy services and underwriting operations. The role ensures scalable, high-quality delivery, robust client governance, regulatory compliance, and continuous operational transformation. You will partner closely with global clients, business leaders, and cross-functional teams to drive growth, efficiency, and risk-controlled outcomes at scale.
Key Responsibilities
- Strategic Operations Leadership
- Provide strategic leadership and overall accountability for London and Lloyd’s market insurance operations.
- Translate business and client strategy into a multi-year operational roadmap aligned with growth objectives.
- Act as the senior escalation point for complex operational, regulatory, and client issues.
End-to-End Policy Lifecycle Governance
- Own governance across the full policy lifecycle including underwriting support, binding, post-bind activities, accounting & settlement, claims support, renewals, administration, and reporting.
- Ensure adherence to London Market practices, contractual obligations, and regulatory standards.
- Oversee policy issuance, endorsements, bordereaux, invoicing, and rule-based decision-making.
Client Delivery & Performance Management
- Own SLAs, KPIs, productivity, turnaround time, quality, and accuracy metrics across engagements.
- Lead client governance forums, performance reviews, and continuous improvement initiatives.
- Identify opportunities for scope expansion, value creation, and operational efficiency
Transformation, Technology & Analytics
- Drive process standardization, digitization, and automation leveraging PAS systems and data platforms.
- Partner with Technology and Analytics teams to implement scalable operating models.
- Strengthen management information, reporting, and data-driven decision-making.
Risk, Controls & Compliance
- Ensure strong operational controls, audit readiness, and compliance across all engagements.
- Proactively identify and mitigate operational and regulatory risks.
People Leadership & Global Collaboration
- Build and mentor senior managers and leaders; develop succession and leadership pipelines.
- Foster a high-performance, client-centric culture aligned with company’s values.
- Collaborate with global stakeholders across Delivery, Technology, Analytics, Finance, and HR.
📌 Senior Vice President-Insurance & Operations (Delhi)
🏢 Bean HR Consulting
📍 Delhi