Shriram Life Insurance - Business Manager (5-6 yrs)

About Shriram Life Insurance:

Shriram Life Insurance Company is a joint venture between the Shriram Group and the Sanlam Group.

We offer a range of insurance solutions tailored to individual needs, focusing on making insurance simple, reliable, and accessible, providing quality services at every stage of life.

About the Role:

We are seeking a highly motivated and results-oriented Business Manager to join our team in a full-time, remote capacity.

You will be responsible for overseeing and managing daily operations, developing and implementing business strategies, analyzing market trends, and contributing to the overall success of our insurance offerings.

This role requires strong leadership, analytical, and communication skills, as well as the ability to thrive in a remote work environment.

Key Responsibilities:

- Operational Management: Oversee and manage daily business operations, ensuring efficiency and effectiveness.

- This may include process optimization, resource allocation, and performance monitoring.

- Business Strategy Development: Develop and implement strategic business plans to achieve company objectives, including growth targets, market share expansion, and profitability.

- Market Analysis: Conduct thorough market research and competitive analysis to identify trends, opportunities, and potential risks.

- Use data-driven insights to inform strategic decisions.

- Financial Management: Manage budgets, track expenses, and analyze financial performance.

- Develop financial forecasts and make recommendations to improve profitability.

- Sales & Marketing Support: Collaborate with sales and marketing teams to develop effective strategies for promoting insurance products and acquiring new customers.

- Team Leadership (if applicable): Lead and mentor a team of professionals (depending on the specific structure of the role), providing guidance and support to achieve performance goals.

- Stakeholder Management: Build and maintain strong relationships with internal and external stakeholders, including partners, distributors, and regulatory bodies.

- Compliance & Risk Management: Ensure compliance with all relevant regulations and internal policies.

- Identify and mitigate potential risks to the business.

- Reporting & Analysis: Prepare and present regular reports on business performance, market trends, and strategic initiatives.

Qualifications:

- Bachelor's/Master's degree in Business Administration, Finance, or a related field.

- Proven experience in business management, ideally within the insurance or financial services industry (preferred, but not mandatory).

- Strong business acumen and strategic thinking skills.

- Excellent analytical and problem-solving abilities.

- Demonstrated leadership and team management skills (if applicable).

- Exceptional communication (written and verbal) and negotiation skills.

- Proficiency in financial management and budgeting.

- Ability to work independently and effectively in a remote work environment.

- Strong organizational and time-management skills.

- Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word).

- Preferred Qualifications: Experience in the insurance industry.

- Advanced degree (MBA or equivalent).

- Knowledge of insurance products and regulations