Assistant Vice President - Strategy And Transformation (Bancassurance)

Department Icon Management/ Strategic Consulting
105+ Applicants
Posted: 2 years ago
10-12 years
Mumbai, Maharashtra, India
Work From Office

Posted: 2 years ago
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Applicants: 105+
Job Description
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Job Description

Job Summary

Manage YBL Relationship Strategy and New Growth Initiatives across Channel Distribution structure Drive Business Transformation initiatives to enable winning in Open Architecture and enhance Max Life thought leadership with YBL Bank Enable Functional excellence and accountability across functional stakeholders to bring convergence leading to integrated thinking, process re-design Build Excellence in Field Launches, Dissemination and Technology adoption Manage relationship with key stake holders at YBL Bank Central office as the nodal point and maneuver key strategic decisions at the banks end for the Life insurance business.

Key Responsibilities/ Key Deliverables Channel Strategy and Enablement of Business Growth Support NRH for strategic planning processes, recommend revamped processes and desired goals Develop and implement business solutions to improve critical business levers Develop and provide Business Intelligence for insights into business performance and help in critical managerial decisions through business data analysis Collaborate across functions including Operations, Product Development, Marketing, Underwriting and others for process excellence Identify and build scope of New Businesses /product enhancements and sales modules.

YBL Relationship Transformation Initiatives Build future ready YBL Bancassurance channel by incubating new models & initiatives Launch and Improve new models to improve Sales automation and efficiency Lead cross pollination of market best practices to be embedded in channel strategy Lead interventions to manage open architecture headwinds.

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Business Excellence and Customer Initiatives Build long term channel capability by improving and implementing business management processes, training capability and business intelligence -Provide support to NRH/ Vertical Heads/ Zonal Heads in root causing and problem solving of key business issues -Identify opportunity areas and drive projects to create excellence for new Business Renewal and Partner Onboarding -Review of existing process / scope for efficiency enhancements for SP Certification and Training -Listening post for Customer Feedback and help improve Customer Centricity.

Desired Qualification, Experience and Skill Matrix Management graduate/post graduate with 12-15 years of experience. Minimum 10 years’ experience in the BFSI /preferably life insurance industry. Experience of translating strategy into delivery through plans, programs, people and culture. Managing intersections and cross functional relationship independently. Play a ‘challenger’ role and maintain independence while supporting channel strategies at the same time. Ability to communicate effectively, connect and inspire colleagues at all levels of the organization. Sharp prioritization and delegation while working with multiple priorities. Managing ambiguity and change.

Skills

Problem SolvingData AnalysisLeadershipStrategic PlanningBusiness IntelligenceProduct DevelopmentBusiness TransformationStrategy

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About Company

Max Life Insurance Company Limited is a life insurance company in India with a joint venture between Max India Ltd and Axis Bank The company is a subsidiary of the publicly listed Max Financial Services and is the largest non-bank private-sector life insurer in India.

Important dates & deadlines?

Application Deadline

01 Oct 23, 04:13 PM IST

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Assistant Vice President - Strategy And Transformation (Bancassurance)

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