Summary

The Principal Insurance Officer will be responsible to oversee insurance operations, driving sales growth, and ensuring compliance with regulatory requirements. This role requires strong strategic leadership, business acumen, and industry expertise to develop and implement insurance products and services, manage key relationships, and drive business growth.

Responsibilities

• Conduct regular and systematic appraisals and evaluations of the Company operations and keep the management updated on the
• Oversee the performance of the business, undertaking a wide range of Insurance activities including marketing and sales
• Sourcing, managing and maintaining key relationships with insurance service providers.
• Put to use innovative and strategic avenues to drive
• Establish the performance goals, allocate resources and assess policies for the Company
• A key deliverable would be to acquire, retain and create strategic partnerships to grow client base and revenue.
• Giving sound insurance advisory services and support to the clients, selling insurance policies to customers.
• Design and monitor claims handling procedures for timely claims settlement for the clients as well as ensure compliance with TIRA and other service level standards.
• Proper and efficient coordination and administration of insurance services in the Company
• Deal with complain and queries related to Insurance
• Establish and manage highly collaborative relationships with key policy makers, regulators, customers and other key stakeholders, to ensure business retention and growth.
• Prepare regular and periodic reports to the Board for strategic direction and qualitative assessment on the achievement of the planned goals;
• Adhere all organization policies and procedure
• Any other duties assigned.

Education and Qualifications

• Bachelor's degree in Insurance, Business, Finance, or a related field.
• Professional certifications such as Chartered Insurance Professional (CIP) or Certified Insurance Counselor (CIC) are desirable.

Requirements

• Minimum 3-5 years of experience in insurance industry, with at least 2-3 years in a leadership or management role.
• Proven track record of driving business growth, managing teams, and ensuring compliance with regulatory requirements

Characteristics

• Strong leadership and management skills.
• Excellent communication and interpersonal skills.
• Strategic thinking and problem-solving skills.
• Industry knowledge and expertise in insurance products and services.
• Strong analytical and decision-making skills.
• Ability to work in a fast-paced environment and adapt to changing regulatory requirements.