Pramerica Life Insurance - Deputy Vice President - Corporate Strategy

Department Icon Investment Banking, Private Equity & VC
118+ Applicants
Posted: 3 years ago
9-20 years
Gurugram
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Posted: 3 years ago
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Applicants: 118+
Job Description
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Job Description


DVP Corporate StrategyRole Details :Job Title : DVP Corporate Strategy Location : Gurgaon-HO/Mumbai/BangaloreDepartment : Corporate Strategy Based out of Head officeReport to : VP Corporate Strategy Grade Position Summary :

  • The position will provide the primary support to the function head in leading the identification of strategic issues & development & incubation of opportunities, particularly in Sales & Distribution, which could influence business growth and profitability.

  • The duties are inclusive of competitor benchmarking, marketing program effectives, industry intelligence, consumer knowledge, and development of strategic initiatives.

  • The individual would support the department head in launching high priority strategic initiatives, working with the business's leadership, executives, and stakeholders.Key Responsibilities :

  • Crafting strategic initiatives through the development of work plans, gathering and generation of relevant data, driving analyses, and the development of actionable recommendations.- Own new initiatives, incubate new capabilities, find product market fit and scale opportunities.- Provide short and long-term strategic recommendations to the business's executives that are meant to develop and capitalize business opportunities and respond to new threats.

  • Analyze strategic rationale by performing regular financial, competitive, performance, and market analyses for the business in order to comprehensively value business opportunities

  • Ensure development of well-founded strategies are presented to the relevant leadership to guide annual business plans.

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  • Prepare regular management updates to the shareholders and external stakeholders including but not limited to the Board updates.

  • Create and track the company performance scorecard.

  • Drive awareness and insightful analyses of the market and transaction trends as well as identify and explore any adjacencies to the business in order to ascertain risks and opportunities.- Draft regular industry and business analysis reports for senior management, business leadership and executives, and relevant stakeholders for purposes of further decision making.- Overseeing the activities of team members in the effective management of projects across the business. Job Specifications :- 10-12 years of PQE in Consulting/Strategy/Channel Program Management/Channel Initiatives/etc. ideally in a life insurance company- Highly numerate and Business savvy- Has a strong understanding of distribution channels (at least one of Agency/Banca/CABr), key business drivers & growth initiatives- Reasonable grasp of channel P&L- Strong industry network- Ability to structure projects and be responsible for on time delivery- Ability to prepare well-structured storylines- Keen eye for trends impacting business- Growth mindset with willingness to continuously learn more (ref:iimjobs.com)


Skills

StrategySales

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About Company

To generate capital appreciation for policyholders by dynamically investing across assets to capitalize on changing market conditions. The scheme aims to invest primarily in equities and to mitigate market volatility, in fixed income securities, including money market instruments. The investments will be market capitalization agnostic and will focus on growth oriented opportunities.

Important dates & deadlines?

Application Deadline

27 Mar 23, 12:00 AM IST

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Pramerica Life Insurance - Deputy Vice President - Corporate Strategy

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