Assistant Vice President - Mumbai, India - Tata AIA Life Insurance
Description
Role Summary
The incumbent will be responsible for leading a critical vertical within the corporate strategy function and play an active role in leading / managing requirements of the Chief of Staff team. This is a central role and requires the applicant to manage shareholder reporting, facilitate organizational reviews (both internally and at the shareholders' end), assist in development of company's long-term business strategy & ensuring its alignment with functional strategies, assist in structured leveraging of existing channels and support business development team in evaluating / pitching for new distribution alliances. The role also entails providing executive and strategic support to the CEO as part of the Chief of Staff team.
BOrganizational Relationships
Reports To
Senior Vice President – Strategic Initiatives
Supervises
Senior Manager
DJob Dimensions
Internal Stakeholders
1)MD & CEO
2)ManCom members
3)Shareholders (Tata and AIA)
4)All internal functions
External
Consultants, IRDAI, Life Council
CKey Result Areas (Roles & Responsibilities)
Shareholder and quarterly Board Meeting requirements
+Work closely with AIA (RCE Office) and Tata Sons (Chairman's Office) to deliver all planned and ad hoc requirements
+Preparation of quarterly CEO's update to board and other committee meeting related requirements
+Facilitate pre-board meet discussions and assist the ManCom in preparation for the Board Meet with adequate back-up material.
+Ensure regular tracking of Board and shareholder related actionables
Chief Of Staff team
+Provide executive, administrative and development support to the MD / CEO. Assist the function in serving as the primary point of contact for internal & external constituencies on all matters pertaining to the MD / CEO
+End-to-end management of visits of delegations from AIA and Tata Sons.
+Ensure end-to-end scheduling, management and smooth running of ManCom meetings
+Attend meetings with the CEO as part of the Chief of Staff team member
+Drive organizational deliverables and assist in cross functional projects
+Assist the Executive Assistant of the MD/CEO in efficient management of MD/CEO's calendar
Internal and external business reviews / reporting
+Responsible for analytical and structured leveraging of existing channels. Transition from mere data / MI based approach to analytics backed reviews.
+Prepare monthly business review documents for internal and shareholders' review. Revamp review templates in coordination with various stakeholders
+Responsible for carrying out all review meetings and ensuring relevant material is shared with the senior management beforehand.
+Ensure relevance, accuracy, timeliness and ease of consumption from the content perspective.
Develop corporate strategy and ensure alignment with functional strategies
+Annual Operating Plan: Co-own the annual operating planning exercise with Finance and engage both internally (and externally (shareholders)
+Spearhead industry benchmarking studies and syndicate findings to the management and the Board
+Regular review of the channel performance to identify distribution and operational gaps and recommend corrective measures
+Assist sales and operations in developing segment / channel specific strategies
+Ensure higher synergy between Finance, Actuarial, Sales, Operations and Corporate Strategy teams
Central SPOC
+Act as a SPOC for all functions and facilitate closure of projects within the agreed timelines.
Support Business Development (new distribution alliances)
+Assist the business development team in identifying prospective partners, preparation of RFP submissions, derive business potential and create pitch presentations.
Ad hoc projects / initiatives
+Create reserve bandwidth for unforeseen / ad hoc initiatives / projects