29 Oct
|
Inventiway Solutions
|
Mumbai
29 Oct
Inventiway Solutions
Mumbai
Job Description: Head of Insurance
Experience: 20-25+ Years
Function: Business Development & Operations Industry:
Insurance Role Type: Leadership
The company is a Business Process Outsourcing (BPO) and automation technology company that primarily serves the US mortgage lending and title industry.
It helps mortgage lenders and title companies manage back-office operations more efficiently through specialized teams and technology-driven automation.
About the Role
We are looking for an experienced and entrepreneurial Head of Insurance to establish, build and lead a new insurance business vertical. The individual will be responsible for developing business opportunities, building strategic relationships, setting up operational processes, and driving the overall growth and profitability of the vertical.
This role requires a strong industry professional with a proven track record in insurance business development, operations management and team leadership.
Key Responsibilities
Business Development: Identify new business opportunities, develop growth strategies and build a strong pipeline of clients and partners.
Vertical Setup: Establish the insurance vertical from the ground up, including defining the business model, service offerings, processes and growth roadmap.
Client & Partner Relationships: Build and manage relationships with insurance companies, brokers, corporate clients, intermediaries and other key stakeholders.
Operations Management: Set up and oversee day-to-day operations, ensuring efficient service delivery, process quality and operational effectiveness.
Revenue & Profitability: Drive revenue growth,
achieve business targets and manage costs to ensure the long-term profitability of the vertical.
Team Leadership: Build, lead and develop a high-performing team across business development and operations.
Strategy & Planning: Define business plans, budgets, performance metrics and expansion strategies in line with organisational goals.
Compliance & Risk Management: Ensure that business activities and processes comply with applicable insurance regulations and industry requirements.
Performance Monitoring: Track business performance, identify improvement areas and present regular updates on revenue, growth and operational performance to senior management.
Candidate Requirements
20-25+ years of relevant experience in the insurance industry.
Strong experience in insurance business development, sales, operations or business leadership.
Proven ability to build business relationships, acquire clients and generate revenue.
Experience setting up, scaling or leading a business vertical, division or insurance operation.
Strong understanding of insurance products, distribution channels, industry practices and regulatory requirements.
Demonstrated experience in leading teams, managing budgets and delivering business targets.
Excellent leadership, negotiation, communication and stakeholder-management skills.
Entrepreneurial mindset with the ability to work independently and take complete ownership of the business.
Ideal Candidate
A senior insurance qualified with strong business acumen, an established industry network and the ability to build a business from the ground up, drive revenue and take end-to-end ownership of the vertical.
Pay: ₹5,000,000.00 - ₹6,000,000.00 per year
Benefits:
- Provident Fund
Work Location: In person
📌 Head of Insurance (new insurance business vertical) (Mumbai)
🏢 Inventiway Solutions
📍 Mumbai