PHI - Zonal Head – Corporate Sales (Insurance Business)

Reposted 16 Days Ago
Be an Early Applicant
Mumbai, Maharashtra, IND
In-Office
Senior level
Financial Services
The Role
Lead zonal corporate insurance sales, drive revenue and P&L, build broker and client relationships, manage and mentor area teams, ensure compliance with IRDAI and underwriting, and deliver market insights to senior management.
Summary Generated by Built In

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Title:

Zonal Head – Corporate Sales (Insurance Business)

Location:

(North Zone)

Reports To:

Head of Corporate Sales

Role Overview:

The Zonal Head will lead corporate insurance sales operations within the assigned zone, Driving revenue growth, Managing P&L  and high-performing teams,  and building strong relationships with corporate brokers, clients and channel partners. This role requires strategic thinking, leadership, and deep knowledge of insurance products and market dynamics.

Key Responsibilities:

  • Sales Strategy & Planning
    • Develop and implement zonal sales strategies aligned with organizational goals.
    • Forecast revenue and set performance targets for the zone.
    • Identify new business opportunities and emerging market trends.
  • Business Development
    • Drive acquisition of  corporate clients for group health, PA, CI and Wellness.
    • Build and maintain strong relationships with corporate clients, brokers, and intermediaries.
    • Negotiate contracts and ensure profitable deals.
  • Team Leadership
    • Lead and mentor Area Heads and Relationship Managers across multiple locations.
    • Conduct regular training and performance reviews.
    • Foster a culture of high performance and accountability.
  • Client Relationship Management
    • Ensure superior customer experience and retention.
    • Resolve escalations and provide strategic solutions to client needs.
  • Compliance & Governance
    • Ensure adherence to IRDAI regulations and company policies.
    • Monitor risk management and underwriting guidelines.
  • Market Intelligence
    • Analyze competitor activities and market dynamics.
    • Provide insights to senior management for strategic decisions.

Qualifications & Experience:

  • Education: Graduate/Postgraduate in Business Administration, Marketing, or related field.
  • Experience: 7-14 years in Corporate Sales/Institutional Sales, preferably in Insurance/Broking/BFSI sector.
  • Skills:
    • Strong leadership and team management.
    • Excellent negotiation and communication skills.
    • Proficiency in CRM tools and MS Office.
    • Deep understanding of insurance products and corporate client ecosystem.

Key Competencies:

  • Strategic Thinking & Planning
  • Relationship Building
  • Sales Leadership
  • Market Analysis
  • Compliance Orientation

 

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

Skills Required

  • Graduate or Postgraduate in Business Administration, Marketing, or related field
  • 7-14 years in Corporate Sales or Institutional Sales
  • Experience in Insurance, Broking, or BFSI sector
  • Proven leadership and team management experience (leading Area Heads and Relationship Managers)
  • Strong negotiation and communication skills
  • Proficiency in CRM tools
  • Proficiency in MS Office
  • Deep understanding of insurance products (group health, PA, CI) and corporate client ecosystem
  • Experience managing P&L, forecasting revenue, and setting performance targets
  • Knowledge of IRDAI regulations, compliance, risk management and underwriting guidelines
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The Company
HQ: London
52,292 Employees

What We Do

In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region. Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets. We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information Prudential plc: https://www.prudentialplc.com/ Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation

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