Principal Officer Insurance Broking (Life & General) | Pune

Location: Pune, Maharashtra (on-site)

Type: Full-time, whole-time statutory role •

Seniority: Leadership / CXO-equivalent Build a brokerage from the ground up

We are a current-age insurance broking LLP preparing to apply for a Direct Broker (Life & General) licence from IRDAI, headquartered in Pune. Alongside life and general insurance, we are building a differentiated Surety & Insurance Bonds vertical (under IRDAI's Surety Insurance Contracts Guidelines, 2022) serving contractors, EPC firms and infrastructure players one of the most promising B2B whitespaces in Indian insurance today.

We're looking for our founding Principal Officer the statutory head of the broking business, the named accountable officer before IRDAI, and a true co-builder of the firm.

What you'll own

- The licence. Lead the IRDAI registration end-to-end Form B application, capital and infrastructure readiness, regulatory queries — and thereafter own every filing, renewal and inspection.
- Compliance culture. Full accountability for the Insurance Act, IRDAI Broker Regulations 2018, Code of Conduct, professional indemnity cover, AML/KYC and data-protection obligations.
- The business. Co-own the P&L; with the partners. Empanel life, general and surety-writing insurers, set placement strategy, and build revenue across retail, SME and corporate segments.
- The surety vertical. Stand up a specialist B2B bonds practice — insurer empanelment, credit-assessment capability, and pipelines with project-driven businesses.

- Client outcomes. Institutionalise needs-based advice, transparent quote comparison, and a claims-advocacy function clients genuinely value.




- The team. Hire, certify and lead vertical heads, Broker Qualified Persons and operations staff — with zero tolerance for uncertified solicitation or mis-selling.

What you must bring (IRDAI eligibility — non-negotiable)
- Graduate degree plus a recognised professional qualification (Associate/Fellow of III, IIRM qualification, actuarial credentials, CA/CS/CMA, MBA, LLB or equivalent)
- Willingness to complete the 50-hour broker training (NIA Pune / IRDAI-recognised institute) and clear the prescribed examination before filing — we will sponsor this
- Clean fit-and-proper record: no convictions, insolvency or adverse regulatory history
- Ability to serve as a whole-time, exclusive employee — no concurrent role with any other insurer or intermediary

What will make you stand out
- 10+ years in insurance, broking, underwriting or financial services, with insurer relationships across life and non-life markets
- Exposure to surety, trade credit, project finance or contractor credit assessment
- Experience facing a regulator — filings, inspections, audits
- A builder's mindset: comfortable being employee #1 of a licensed entity
- Fluency in English and Marathi/Hindi for the Pune and Western Maharashtra market

Why join us
- Founding leadership role with genuine authority — you shape the firm's strategy, team and culture from day one
- A focused play in surety bonds, a segment most brokers haven't yet built real capability in
- Direct partnership with committed promoters and a Board that treats compliance as a competitive advantage, not a checkbox
- Competitive compensation with performance-linked upside (details discussed in process)

📌 Principal Officer (Pune)
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📍 Pune