VP- Governance DPPM

Role & responsibilities :

• Head a vertical under DPPM with a team of 20+ and 4 direct reporting leads.
• Manage the primary compensation policy for intermediaries across Channels, and driving cross functional initiatives to streamline Credit Protect and Group processes.
• Execute and ensure adherance to Partner commercial agreements as per compliance and regulatory policy.
• Manage various Audits (Internal, Regulatory, Statutory, Concurrent, etc); draw processes / policies and or its framework compliant to Regulations and or company policies for partner commercials.
• Lead Governance Council meeting and highlight the key developments.
• Spearhead Project which is targetted to Insurtech initiative in the for the development of advanced Incentive & Commission Management Systems (ICM)
• Periodically connect with distribution teams to understand bottlenecks, ground issues and realities, etc. Capture inputs / issues raised by distribution and self troubleshoot or resolve in collaboration with concerned stakeholders.
• Present updates to Senior Management / CXOs periodically on key projects.

Preferred candidate profile

Strong understanding of Life Insurance business domain and different lines of business • Working knowledge of distribution operations, framework, products, etc • Proficient in Project and Business Process Management • Proficient in application of business tools viz. MS office suite, Qlik, etc. • Strong Analytical skills • Correspondence Etiquettes .

Sales Technolog y • Exposure in various types of Audit and Risk Management procedures

Role: Strategic & Top Management - Other

Industry Type: Insurance

Department: Strategic & Top Management

Employment Type: Full Time, Permanent

Role Category: Strategic & Top Management - Other

Education

PG: Any Postgraduate