M
Magma General Insurance Limited
Zonal Head - Corporate Broker - West Zone
Skills
Data AnalysisCompliance
1 month ago
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Important information
Contract type:
Permanent
Location:
Mumbai, Maharashtra, India
Work mode:
Onsite
Published on:
2 October 2026
What they need
- Role & Responsibilities
- Achieve the corporate sales & broking budget allocated for the Zone
- Achieve line wise target allocated to the Zone
- Activate Top 15 MNC & Indian brokers in the zone & building up relationships in the domain.
- Target major direct accounts to deliver the budgeted numbers
- To conduct brokers engagement programmes for the zone
- Take new initiatives in developing new channels to develop business.
- Coordinate & manage relationships with other departments like Underwriting, Claims & others.
- Responsible for the growth & career development of each and every team member which will indirectly help in reducing iteration
- Strong & well-established relationships across both broker/client segments.
- Sound Technical expertise & P&L management in Reinsurance, Property & Commercial LOB.
- A mature & effective leader with strong communication skills, clear decision-making ability & structured approach to execution
What We Expect
- Visionary Strategy : Define and execute long-term strategies for zonal business growth, positioning the organization as a market leader regionally.
- Global Business Expansion : Spearhead initiatives to tap into emerging global markets & establish key partnerships, driving revenue & enhancing market presence.
- Transformational Leadership : Inspire & guide Regional Head & State Head/teams to achieve excellence, fostering a culture of innovation, collaboration & accountability.
- Market Leadership and Analytics : Champion the use of advanced analytics & market intelligence to stay ahead of industry trends, ensuring the business remains agile and competitive.
- Operational Excellence : Lead cross-functional teams to optimize operations, enhance efficiency & uphold the highest standards of compliance & regulatory adherence.
- Stakeholder Engagement : Build and nurture relationships with high-value clients & brokers cementing the company’s Philosophy.
- Education: Should be a Postgraduate with atleast 12+ years of experience out of which minimum 8+ years of GI experience of corporate sales & broking relationship.
Experience:
- Should have spent 12+ professional years in the location.
Skills:
- Specialized skills required will involve relationship building.
- Should have spent 10-12+ professional years in the location.
- Exposure towards corporate sales & knowledge of local market.
- Experience in handling broking relationship in previous assignment.
- Experience in large direct client’s relationship in previous assignment
Mindset:
- Analytical & logical mindset in understanding the P&L for Commercial business.
- Go Getter & a Positive attitude to scale up the business in the current Insurance landscape.
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