About the role
Department Corporate Business Group Function Large Markets Position VP Band SM1 Location Mumbai – Andheri LBP Reporting To SVP Our Vision To be the most admired insurance company that enables the continued progress of customers by being responsive to their needs. HDFC ERGO as an Employer · We believe in Sensitivity · We drive Excellence · We uphold Ethics · We bring Dynamism About HDFC ERGO HDFC ERGO General Insurance Company Limited was promoted by erstwhile Housing Development Finance Corporation Ltd. (HDFC), India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of Munich Re Group. Consequent to the implementation of the Scheme of Amalgamation of HDFC with and into HDFC Bank Limited, one of India’s leading private sector bank (Bank), the Company has become a subsidiary of the Bank. The Company offers complete range of general insurance products ranging from motor, health, travel, home and personal accident in the retail space and products like property, marine and liability insurance in the corporate space. With a network of branches spread across wide distribution network and a 24x7 support team, the Company has been offering seamless customer service and innovative products to its customers. Key Roles & Responsibilities · Lead the FIGIT business and define the growth strategy for the Financial Institutions segment. · Own revenue, profitability, acquisition and retention targets for the portfolio. · Build strategic relationships with senior stakeholders across financial institutions and intermediaries. · Drive large and complex opportunities through customized risk and insurance solutions. · Partner with underwriting, product, reinsurance, claims and service teams to strengthen market propositions. · Build market intelligence, identify emerging risks and develop new growth opportunities. · Lead and develop the FIGIT team while maintaining portfolio quality and governance. Key Requirements–Education & Certification · Postgraduate from a recognized institute; MBA/PGDM preferred Key Requirements – Experience & Skills · 12–18+ years of experience in Corporate Insurance/BFSI, preferably managing Financial Institutions. · Strong industry network and experience managing large, complex institutional relationships. · Proven track record of business growth and portfolio profitability. · Strong strategic thinking, leadership, negotiation and CXO-level stakeholder management skills. Remarks The details of this position are confidential. The decision to change/modify the specifications is at management’s discretion.