Functional Head Insurance

Lead the Group Head Insurance role in India, focusing on optimizing the Premium to Revenue Ratio, streamlining the efficiency of settling insurance claims, and enhancing the impact of insurance programs on employee safety and well-being. The objective is to strategically manage the insurance portfolio to achieve financial efficiency and ensure comprehensive coverage for the well-being of employees in the Indian market. Key Responsibility Areas : Strategy: Providing direction to achieve the desired long-term and short-term objectives

• Develop and implement a strategic plan tailored to the Indian insurance market, optimizing the Premium to Revenue Ratio in alignment with regional financial goals and market dynamics.
• Establish benchmarks for reducing the average time taken to settle insurance claims, addressing specific challenges in the Indian context and ensuring customer satisfaction.
• Formulate strategies to measure and enhance the impact of insurance programs on employee safety and well-being in the Indian cultural and regulatory landscape.
• Set short-term goals for immediate improvements in financial efficiency and claims settlement, with long-term goals

• Oversee day-to-day operations with a focus on the Indian insurance portfolio, collaborating with local finance and underwriting teams.
• Implement processes tailored to the Indian context for streamlining the settlement of insurance claims, ensuring prompt and culturally sensitive resolutions.
• Monitor and assess the impact of insurance programs on employee safety and well-being in the Indian context, adapting strategies as needed.
• Collaborate with Indian HR and safety teams to align insurance programs with organizational goals for employee welfare, considering regional nuances.