Key Responsibilities
1. Operational Leadership:
Develop and implement strategies to streamline insurance operations, ensuring alignment with company goals.
Manage end-to-end insurance operations, including policy issuance, claims processing, and renewals.
Lead the development and execution of operational policies and procedures to ensure efficiency and accuracy.
2. Team Management:
Build and lead a high-performing operations team through effective recruitment, training, and development.
Establish clear performance goals, provide regular feedback, and focus on customer satisfaction.
3. Compliance and Risk Management:
Ensure operations adhere to regulatory requirements and industry standards.
Work closely with compliance and legal teams to mitigate risks for the client and for the organisation.
Highlight potential risks in the future of the business.
4. Technology and Process Improvement:
Collaborate with IT and technology partners to implement and optimize digital solutions, automation, and data analytics tools.
Identify and execute process improvement initiatives to enhance operational efficiency and reduce costs.
5. Performance Monitoring and Reporting:
Establish KPIs to monitor operational performance and ensure SLA adherence.
Prepare and present regular reports on operational efficiency, financial performance, and timely accounting.
7. Customer Experience:
Drive customer-centric initiatives to enhance policyholder satisfaction and loyalty.
Address and resolve escalated customer issues promptly and professionally.
Qualifications and Skills
Educational Requirements:
Bachelor’s degree in Business Administration, Insurance, Finance, or a related field (Master’s degree preferred).
Experience:
15+ years of experience in the insurance industry or similar role it staffing industry.
Strong knowledge of insurance products, claims management, and regulatory frameworks.
Key Skills:
Strategic planning and execution.
Excellent leadership and team management skills.
Proficiency in insurance technology and digital tools.
Strong analytical and problem-solving abilities.
Excellent communication and interpersonal skills.
Expertise in project and change management.
Key Competencies:
Customer Focus: A commitment to delivering exceptional service to policyholders.
Operational Excellence: A drive to achieve the highest standards of efficiency and accuracy.
Adaptability: Ability to navigate and lead through industry changes and disruptions.
Decision-Making: Demonstrated ability to make sound, data-driven decisions.
Compensation:
[Include salary range, benefits, and any performance bonuses, if applicable.]