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 strategyDesign and implement products, processes, and systems that lead to positive customer outcomesOversee and enhance post-sales insurance operations, including customer service, claims, and retention strategiesDevelop and implement operational policies and procedures to improve efficiency and complianceLead and mentor a team of managers and professionals, ensuring high performance and engagementDrive process improvements through automation, best practices, and innovative solutionsMonitor and analyze key performance metrics, identifying areas for operational enhancementCollaborate with stakeholders across departments to align operational goals with business objectivesEnsure adherence to industry regulations and company policies, mitigating risks and ensuring complianceWork closely with IT and digital teams to enhance technology solutions supporting operationsDevelop and execute strategies to improve customer satisfaction and policyholder retentionManage budgets, resource allocation, and cost optimization for operational functionsWork closely with the CEO and CFO regarding key strategic partner managementNon-Technical Skills
Strong leadership and people management skillsExcellent communication and interpersonal abilitiesProblem-solving mindset with the ability to make data-driven decisionsAbility to manage multiple priorities in a fast-paced environmentHigh level of adaptability and resilience in handling operational challengesCustomer-centric approach with a focus on service excellenceStrong negotiation and stakeholder management skillsAbility to influence and drive change within an organizationStrategic partnership management skillsQualifications
Qualified Chartered Accountant (CA) or ActuaryAdvanced degree (MBA or equivalent) is advantageous