Job Title

Job Description

The Role

The AVP, Business Proposition and Enablement role is responsible for:

• Proposition development as prioritised by the India PMLC
• Lead and prioritise enablement activities across markets and clients in India
• Product innovation that supports the strategy and growth target in India
• Leading and providing technical support for risk, pricing, and underwriting perspectives on selected client related requests and internal product development initiatives.

You will have deep knowledge on clients’ requirements, internal policies, internal processes, and market trends. You will be the main contact point for Pricing, Underwriting, and Risk teams in relation to technical aspects of new product initiatives.

The postholder will also support marketing activities and promoting Pacific Life Re brand by attending client meetings and speaking at conferences on behalf of the Company.

You will be responsible for leading a team.

Duties

Working closely with the line manager and Global Client Solutions Team:

• Conducting new market, segment and proposition development for India markets to identify growth opportunities beyond those already within our existing plans
• Develop new products and propositions based on market research, quote activities, and clients’ strategic needs.
• Manage end-to-end processes including internal teams responsible for technical assessment, risk approvals, and compliance perspectives.
• Lead communications with internal Pricing and UW teams.
• Support preparation and presentation of risk papers, including DRMC approval documents.
• Development of initial stage gates and fail fast criteria

Client and other external interactions:

• Supporting Client Solutions in external meetings and workshops to understand clients’ needs and lead product pitches.
• Drive interactions with vertical industries to understand trends and to identify new product propositions.
• Perform regular market research to build library of new product and proposition launches in India.

Strategy:

• Work closely with Clients Solutions team to understand the business strategy to develop business proposition strategy for India.

• Work closely with technical teams to execute strategy.

• Develop objectives and key results.

Leadership:

• Support team members through managing workload, exposure to stretching tasks, providing guidance, coaching, and building day-to-day responsibilities.
• Proactively support team, giving exposure to wider deal strategy, how deals fit into the bigger picture both internally and externally, sharing market knowledge and providing constructive challenge.

Essential Qualifications & Experience

Knowledge

• A qualified actuary with at least 10 years of working experience, ideally with Pricing and/or Product Development experience

• Strong analytical skills, combined with sound judgement and commercial awareness, to produce justifiable and practical business case even where information is sparse or not available
• Proficiency extracting, manipulating, analysing and drawing conclusions from data.

Leadership Skills

• Experienced in leading, coaching, and developing a high-performing team.
• Ability to establish objectives and build, develop and lead / influence a team towards these objectives
• Proven track record in developing vision, strategy, success measures and seeing them through to successful execution. Frequent and clear communication of these to the team and stakeholders.

• Very strong communication (written and verbal) and presentation skills, and ability to deliver difficult/challenging messages.
• Ability to quickly cut through detail and focus on what is important, being decisive and accountable.
• Commercial Judgement
• Strong analytical skills combined with sound judgement and commercial awareness
• Proven ability to “think outside the box” to derive new and innovative approaches to underwriting and/or claims problems
• Ability and desire to communicate with business customers at all levels across the business and to work well within a team environment
• Organised, conscientious, and deadline focused with an attention to detail

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

Leave

• 23 days of annual leave with option to buy/sell more days

• Adoption and fertility leave 

• Generous enhanced parental leave  

Healthcare

• Comprehensive private insurance coverage for employee and dependents

• Group Term Life Insurance coverage of 5x basic annual salary, Group Accelerated CI of 1x annual basic salary and Group Accidental Death & Dismemberment of 3x annual basic salary 

• Optical & Dental benefits 

• Additional flexi benefits

Wellness

• Access to Employee Assistance Program 

• Time off for volunteering 

• Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.



As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values