Sector
BFSI
Keyword

Insurance Director

Managing Director

Minimum ? MBA/PGDBA/PGPM in Finance/Accountancy/Banking/Marketing)

Minimum 10-12 years of working experience at a senior level in General Insurance

The tasks a Director, Insurance is expected to perform include:

Organizing, and supervisingoperations, and dealing in life, fire, accident, marine and other general insurance business?

Setting broad policies, planning andco-ordinating activities of private and public organizations, within authority delegated

Knowledge of developing sales strategy for rapidly changing market and products

Well-versed with insurance products that match market dynamics and meet target customer needs

Knowledge of insurance operations, regulations and products Well-versed with software like MS Word, Power

Point, MS Excel, CRM, etc.

Proficient in dealing with institutional clients and dealing with domestic client escalations

Knowledge of legal norms and sensitivities involved in contracts and agreements

/

Not applicable

Customer-centric

Good communication skills

Leadership skills

Relationship building skills

Motivator

Problem solving ability

Analytical thinking

It is a desk job

Need to handle a team

Local travelling is a part of this job role

Part-time work and contractual jobs are not available

Work from home option is not available

Working hours

Working hours arefor 5/6 days a week for 9/11 hours everyday. This may vary from company to company

Shift system maybe available

Is the job suitable for a candidate with special needs?This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), One Arm and One Leg (OAL), Blind (B) and those who have Low Vision (LV)

This job is not listed as hazardous or dangerous under The Factories Act, 1948 (section 87)

Occupational hazards include strain on eyes, cervical and lumbar spondylosis, carpal tunnel syndrome, mental stress, etc.

For candidates with 13-15 years of experience or more - INR6,00,000 to INR6,50,000 per month

(These figures are indicative and subject to change)

Current and Future Growth of BFSI Sector in India

The BFSI industry is one of the fastest growing sectors in the country.

The sector currently employs over 2.55 million employees and is slated to employ more than 4.2 million employees by 2022. This implies additional creation of 1.6 million jobs in this period. These factors mean that there will be a huge demand of Directors, Insurance across towns and cities in India..

Public and private insurance companies across India

Towns and cities across India

Will be updated

Management Institutes across India

Institute of Insurance and Risk Management, Hyderabad

Insurance Academy, Pune National Insurance Academy, Pune

Insurance Institute of India, Mumbai

Will be updated