Business Development Director (Commercial Insurance) (Bengaluru)

You are a dynamic and entrepreneurial leader sought for Bangalore operations in the Insurance Broking or General Insurance space. Your role involves complete ownership of revenue growth, team building, market expansion, and profitability.

• *Key Responsibilities**
• **P&L Ownership**
• You will be fully accountable for revenue, EBITDA, margins, and cost management.
• Develop and implement annual operating plans in line with corporate strategy.
• Drive sustainable and profitable growth in retail and corporate segments.
• Monitor financial performance, MIS, forecasts, and take corrective actions as needed.
• **Revenue & Business Development**
• Lead the acquisition of large corporate accounts and key partnerships.
• Expand cross-selling and upselling across various product lines like Health, Motor, Property, Liability, and Specialty.
• Establish and nurture relationships with insurers for competitive placement and product innovation.
• Identify new revenue streams, including digital distribution and affinity partnerships.
• **Strategic Planning & Market Expansion**
• Develop a 35 year growth strategy encompassing geographic and segment expansion.
• Strengthen the company's position in emerging segments such as cyber insurance, SME, and employee perks.
• **Operations & Risk Management**
• Ensure compliance with regulatory frameworks such as Insurance Regulatory and Development Authority of India (IRDAI).
• Drive operational efficiency, process automation, and enhance customer experience.
• Supervise underwriting coordination, claims advocacy, and maintain policy servicing standards.
• **Team Leadership**
• Build and lead high-performance sales, placement, and operations teams.
• Establish performance KPIs and foster a culture of strong accountability.
• Provide mentorship to second-line leaders and facilitate succession planning. You are a dynamic and entrepreneurial leader sought for Bangalore operations in the Insurance Broking or General Insurance space. Your role involves complete ownership of revenue growth, team building, market expansion, and profitability.
• *Key Responsibilities**
• **P&L Ownership**
• You will be fully accountable for revenue, EBITDA, margins, and cost management.
• Develop and implement annual operating plans in line with corporate strategy.
• Drive sustainable and profitable growth in retail and corporate segments.
• Monitor financial performance, MIS, forecasts, and take corrective actions as needed.
• **Revenue & Business Development**
• Lead the acquisition of large corporate accounts and key partnerships.
• Expand cross-selling and upselling across various product lines like Health, Motor, Property, Liability, and Specialty.
• Establish and nurture relationships with insurers for competitive placement and product innovation.
• Identify new revenue streams, including digital distribution and affinity partnerships.
• **Strategic Planning & Market Expansion**
• Develop a 35 year growth strategy encompassing geographic and segment expansion.
• Strengthen the company's position in emerging segments such as cyber insurance, SME, and employee perks.
• **Operations & Risk Management**
• Ensure compliance with regulatory frameworks such as Insurance Regulatory and Development Authority of India (IRDAI).
• Drive operational efficiency, process automation, and enhance customer experience.
• Supervise underwriting coordination, claims advocacy, and maintain policy servicing standards.
• **Team Leadership**
• Build and lead high-performance sales, placement, and operations teams.
• Establish performance KPIs and foster a culture of strong accountability.
• Provide mentorship to second-line leaders and facilitate succession planning.