Executive Director of Non-Life Insurance
1 day ago
Job Description:
We are seeking a highly skilled and results-driven Executive Director to lead our Non-Life Insurance division. As a key leadership role, this position is responsible for driving the strategic direction, operational management, and financial performance of the business.
Key Responsibilities:- Strategic Leadership
- Develop and execute the overall strategic vision for the Non-Life Insurance division, aligning with the company's objectives.
- Drive business growth by identifying emerging market opportunities, building strong relationships with stakeholders, and expanding market share.
- Ensure competitiveness in product development, pricing, and customer service.
- Sales and Business Development
- Lead sales strategy to drive new business acquisition and expand existing client relationships.
- Oversee innovative sales channels and partnerships to maximize revenue opportunities.
- Analyze market trends, customer needs, and competitor performance to refine sales strategies.
- P&L Management
- Assume full accountability for the division's P&L, ensuring achievement of financial targets and profitability.
- Develop and manage budget, cost control, and financial planning processes to ensure sustainable growth.
- Monitor financial performance and implement corrective actions to address variances from targets.
- Operational Management
- Lead and mentor a high-performing team of sales, underwriting, claims, and operations professionals.
- Ensure delivery of high-quality insurance products and services that meet customer needs while adhering to regulatory requirements.
- Regulatory & Compliance Oversight
- Ensure compliance with local and international insurance regulations and industry standards.
- Act as the division's representative in dealings with regulatory bodies and stakeholders.
- Innovation & Market Positioning
- Champion technology and data analytics to drive smarter business decisions and improve customer experience.
- Foster a culture of innovation and continuous improvement, particularly in product development and claims handling.
Estimated salary: $120,000 - $180,000 per year, depending on experience and qualifications.
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