Director - Global Risks Division - Allianz Global Corporate & Specialty - Singapore
Job description
Maximize profitable local growth and driving strategic market management, including promotion of entrepreneurial proposals
Lead and execute local strategy, plans and change including organizational transformation
Full responsibility for and representation of local country with key focus on people and products, communication, distribution, markets and customers
Strong discussion partner to the regional CEO and other Stakeholders such as major clients and brokers
Future challenges
Contributing to outperformance of AGCS beyond local market leadership
To become recognized by clients and brokers as the most trusted and profitable corporate and specialty insurer in the market as measured by Net Promoter Score (NPS)
Outperform the local market across the cycle in terms of profitability and growth
Strong change leadership (restructuring, new roles, engagement, communication, conflict resolution)
KEY RESPONSIBILITIES
Local Strategy
Develop, define and execute local strategy (based on AGCS global strategy) to drive profitable growth and a leading market position
Develop, recommend and execute market business plans strategy
Strategic Market Management
Develop AGCS as partner of choice and to raise AGCS profile locally and the respective Countries (external representation of AGCS in Region)
Identify and generate new profitable business and entrepreneurial options via improved customer focus, maximized cross-selling; align to distribution channels
Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary)
Lead and Manage Local Team
Lead and manage regional team, including direct reports and matrix management of functional reports
Ensure organisational structure and process best fit to serve external and internal customers
Manage cost center budgets within plan
Driving AGCS Culture
Proactively promote and enhance a high performance culture in all areas of responsibility (best talent, high engagement, change, high performance, positive matrix attitude)
Develop and maintain AGCS culture and values with all staff
Ensure that, on an operational level, the regional organization functions according to agreed standards in harmony as an effective team
Relationship Management
Positively represent AGCS internally within the Allianz Group, and externally to the market
Proactively drive involvement of all functional areas in execution of local strategy
TOM Implementation & Compliance
Proactively drive definition, communicate and execution of roles and responsibilities within TOM structure
Manage the matrix organizational requirements (i.e. market, products, infrastructure
Ensure legal & regulatory compliance for local operations and be the legal representative (of the area of responsibility)
Desired Skills and Experience
Required Experience:
Significant experience in a CEO / managing director / general manager role of a €50+ million organization or business unit
Demonstrable track record of entrepreneurial behavior and successful delivery of strategic business development plans
Proven experience of working internationally and of remotely managing and developing teams across numerous locations
Proven experience of successful leadership within a complex global / matrix environment
Experience of leading change in various business scenarios, including restructuring, integration and mature growth markets
Required Education:
Degree in Business Administration or Economics preferably
Technical skills:
Market Management: Apply the knowledge of how the market operates and functions, the business needs and customer needs
Ability to develop value proposition for customer, segmentation plan and customer differentiation strategy
Significant inside knowledge of large risks & specialty risks and also global programme structures, including captive management
TOM: Develop and transition the organization from the as-is model to the new TOM model by driving functional and process set up
General skills:
Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story
Strategic Planning: Ability to develop, implement and communicate strategies to address important trends or changes in the business
Change Management: ability to transition individuals, teams, and the whole organization from a current state to a desired future state
Stakeholder Management: Ability to develop and positively influence key, strategic position holders across locations and functions
Required language: Local language Fluent (able to negotiate), English Fluent (able to negotiate)
ADDITIONAL INFORMATION
Important to be a liaison partner with Bajaj Allianz and AGCS and ensure diligent delivery of agreed business plans
Commitment for growing the unit for at least 5 years
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Source:
Aaren