Shriram Life Insurance - Business Head (10-12 yrs)

About the Role:

We are seeking a highly experienced and strategic Business Head to lead and drive the overall success of our [Business Unit/Department].

The ideal candidate will be a visionary leader with a proven track record of success in developing and executing high-impact business strategies.

This role requires a dynamic individual with strong leadership, analytical, and communication skills, and a deep understanding of the market and industry trends.

Key Responsibilities:

Strategic Planning & Execution:

- Develop and implement comprehensive business plans and strategies aligned with company objectives.

- Conduct market research and analysis to identify new opportunities and competitive threats.

- Set ambitious yet achievable financial and operational goals.

- Monitor key performance indicators (KPIs) and track progress towards goals.

- Develop and implement strategies to improve market share, profitability, and customer satisfaction.

Leadership & Management:

- Lead and motivate a high-performing team of professionals.

- Hire, train, and develop talent within the team.

- Foster a positive and collaborative work environment.

- Delegate effectively and empower team members to take ownership.

- Build and maintain strong relationships with key stakeholders (e.g, clients, partners, investors).

Financial Management:

- Manage budgets, forecast revenue, and control expenses.

- Analyze financial performance and identify areas for improvement.

- Ensure compliance with all relevant financial regulations and reporting requirements.

Business Development:

- Identify and pursue new business opportunities.

- Build and maintain strong client relationships.

- Develop and implement effective sales and marketing strategies.

- Negotiate contracts and partnerships.

Innovation & Growth:

- Identify and explore new market trends and technologies.

- Drive innovation and continuous improvement within the business unit.

- Develop and implement new products and services.

Qualifications:

- 10+ years of experience in a senior leadership role within a relevant industry.

- Proven track record of success in developing and executing successful business strategies.

- Strong analytical and problem-solving skills with the ability to analyze data and make informed decisions.

- Excellent leadership, communication, and interpersonal skills.

- Strong financial acumen and understanding of business operations.

- Experience in managing budgets, forecasting revenue, and controlling expenses.

- Strong understanding of market trends and competitive landscapes.

- Excellent communication and presentation skills.

- Strong work ethic and a commitment to excellence.

- Advanced degree in business administration, finance, or a related field preferred