Head, Group Business- Life

Lead and manage the Group Life business for Munich Re India, focusing on employer-employee and affinity segments along with other short-term (yearly renewable) business.

• Responsible for profitable growth, strategic direction, and operational excellence of the Group Life portfolio
• Responsible for the effective client portfolio management and profitability performance of target client's portfolios.
• Focus on strategic client acquisitions and develop client service strategies.

Your Role: 

• Develop and implement business strategies to achieve profitable growth in the Group Life segment (employer-employee and affinity business).
• Drive acquisition and retention of group clients, ensuring high service standards and innovative solutions.
• Monitor and manage portfolio profitability, risk, and operational efficiency.
• Collaborate with internal stakeholders (actuarial, underwriting, claims) to deliver client-centric solutions.
• Identify and capitalize on new business opportunities and emerging market trends.
• Ensure compliance with regulatory and internal guidelines.
• Represent Munich Re in industry forums and client meetings as a subject matter expert for Group Life business.
• Mentor and develop team members, fostering a high-performance culture.

Your Profile: 

Education:

• Academic Qualifications: Bachelor’s degree in Business, Economics, Actuarial Science, Finance or equivalent
• Professional Qualifications: MBA or equivalent master’s degree in Sales,
• Completion of a few actuarial exams is an advantage

Experience:

• Minimum 10 years of experience managing group employer-employee and affinity business in life insurance/reinsurance.
• Proven track record of managing group business profitably.
• Strong leadership, client management, and business development skills.
• Excellent analytical, strategic thinking, and organizational abilities.
• Demonstrates strong initiative and a highly entrepreneurial mindset.