Chief Operating Officer
Job Description:
The Chief Operating Officer (COO) is responsible for developing strategy and overseeing the optimization of post-sales insurance operations, including customer service, retentions, and claims management. This role requires a strategic leader with a strong operational background in insurance, focused on driving efficiency, compliance, and customer satisfaction across all post-sales functions. The COO will play a key role in enhancing processes, improving service delivery, and ensuring the business leverages technology to achieve desired customer outcomes. A thorough and value-adding understanding of data management to improve business results is essential.
Experience and Skills Required
- Minimum of 8-10 years experience in insurance operations, with at least 5 years in a managerial or leadership role
- In-depth knowledge of post-sales insurance processes, including customer service, claims management, and retention strategies
- Strong understanding of regulatory and compliance requirements in the insurance industry
- Proven experience in process improvement, operational efficiency, and performance optimization
- Strong analytical skills with the ability to interpret data and drive informed decision-making
- Experience leading cross-functional teams and managing large-scale operational initiatives
- Proficiency in insurance-related systems and CRM tools
- Experience participating in key partnership management and discussions
Key Responsibilities
- Design and execute customer support strategy
- Design and implement products, processes, and systems that lead to positive customer outcomes
- Oversee and enhance post-sales insurance operations, including customer service, claims, and retention strategies
- Develop and implement operational policies and procedures to improve efficiency and compliance
- Lead and mentor a team of managers and professionals, ensuring high performance and engagement
- Drive process improvements through automation, best practices, and innovative solutions
- Monitor and analyze key performance metrics, identifying areas for operational enhancement
- Collaborate with stakeholders across departments to align operational goals with business objectives
- Ensure adherence to industry regulations and company policies, mitigating risks and ensuring compliance
- Work closely with IT and digital teams to enhance technology solutions supporting operations
- Develop and execute strategies to improve customer satisfaction and policyholder retention
- Manage budgets, resource allocation, and cost optimization for operational functions
- Work closely with the CEO and CFO regarding key strategic partner management
Non-Technical Skills
- Strong leadership and people management skills
- Excellent communication and interpersonal abilities
- Problem-solving mindset with the ability to make data-driven decisions
- Ability to manage multiple priorities in a fast-paced environment
- High level of adaptability and resilience in handling operational challenges
- Customer-centric approach with a focus on service excellence
- Strong negotiation and stakeholder management skills
- Ability to influence and drive change within an organization
- Strategic partnership management skills
Qualifications
- Qualified Chartered Accountant (CA) or Actuary
- Advanced degree (MBA or equivalent) is advantageous
Required Skills:
Business Continuity Operations Intelligence Business Intelligence Customer Experience Decision-Making BSC Insurance Business Customer Service Leadership Science Management