GM/Strategy Head (Bancassurance)

Job Description:

Role Summary: The Strategy Head will play a pivotal role in driving strategic initiatives and decision-making processes within the bank. This position requires a strategic thinker with strong analytical skills, excellent communication abilities, and a deep understanding of the financial industry.

Key Responsibilities:

• Develop and implement strategic plans to achieve the bank’s long-term goals and objectives.
• Conduct thorough market analysis to identify emerging trends, competitive threats, and growth opportunities.
• Collaborate with senior leadership to define and prioritize strategic initiatives aligned with the bank’s mission and vision.
• Lead cross-functional teams in the execution of strategic projects, ensuring alignment with organizational goals and timelines.
• Evaluate the performance of existing products, services, and business lines, identifying areas for improvement and optimization.
• Monitor key performance indicators (KPIs) and provide regular updates to senior management on the progress of strategic initiatives.
• Stay informed about regulatory changes, industry developments, and macroeconomic trends that may impact the bank’s strategic direction.
• Adhere to all IRDA requirements raised by the Bank.
• Prepare presentations, reports, and other materials to communicate strategic recommendations to stakeholders at all levels of the organization.

Requirements:

• Female candidate with Post Graduate from Tier 2 / 3 College with relevant experience is preferred
• 5+ experience in Insurance sales strategy from a Bancassurance background, currently part of the bancassurance sales strategy for PAN India.
• Position to be based out of Mumbai (South Mumbai). 
• Very good with PPTs and Excel
• Domain knowledge – Bank Insurance programs
• Excellent communication & interpersonal skills
• Good analytical and reasoning skills to understand the gap between current business and potential business opportunities.
• Persistent & Result oriented
• Agility to perform in a highly competitive and dynamic environment.