Regional Business Head (Bancassurance)

• Develop and execute regional sales strategies to meet business targets.
• Drive product mix optimization and identify new growth opportunities.
• Lead and manage Cluster Heads, Branch Managers, and sales teams across the region.
• Monitor performance metrics, conduct regular reviews, and implement corrective actions.
• Oversee regional training, marketing, and recognition initiatives.
• Ensure regulatory compliance, operational efficiency, and TAT adherence.
• Strengthen partner relationships and expand regional business reach.
• Lead talent acquisition, development, and retention efforts.
• Promote a culture of performance, recognition, and continuous improvement.

Strategic Leadership
Ability to define and execute comprehensive regional business strategies to achieve ambitious growth and profitability targets within the bancassurance channel.

‍ P&L Management
Proven experience in managing a full profit and loss (P&L) statement, including budgeting, forecasting, cost control, and revenue optimization for a business unit or region.

‍ Large-Scale Team Leadership
Expertise in leading, motivating, and developing large, diverse sales and operational teams across multiple territories or clusters.

‍ Key Stakeholder Relationship Management
Exceptional ability to build, nurture, and leverage strategic relationships with senior banking partners, regulatory bodies, and internal executive leadership.

‍ Market & Competitive Analysis
Strong capability to analyze market trends, identify competitive advantages, and adapt business strategies to changing industry landscapes and customer needs.

‍ Business Development & Partnership Expansion
Adeptness at identifying and securing new growth opportunities, including expanding existing bank partnerships and exploring new distribution avenues.

‍ Sales & Distribution Strategy
Deep understanding and proven track record in developing and implementing high-impact sales strategies and optimizing distribution models within the bancassurance domain.

‍ Performance Management & Optimization
Skill in establishing rigorous performance metrics, driving accountability, and implementing initiatives to continuously improve regional sales and operational efficiency.

‍ Regulatory & Compliance Acumen
Comprehensive knowledge of insurance and banking regulations, ensuring full compliance across all regional business operations and practices.

‍ Risk Management
Ability to identify, assess, and mitigate business, operational, and regulatory risks pertinent to a large-scale bancassurance operation.

‍ Financial Acumen
Strong understanding of financial reporting, investment principles, and capital allocation to drive profitable growth.

‍ Communication & Influence
Exceptional ability to communicate vision, complex strategies, and performance results effectively to all levels, from front-line teams to executive boards, and to influence key decisions.

• Provident Fund (PF)
• Performance Bonus
• Sales Incentives
• Rewards & Recognition Programs