Insurance Senior Manager Mexico

GM Financial; Monterrey; Presencial; MXN 1,102,000 - 1,470,000; Jornada completa

Descripción de la vacante

A financial services company is seeking an Insurance Senior Manager in Monterrey, Mexico. The candidate will be responsible for developing and managing insurance products while ensuring compliance with regulatory frameworks. A minimum of 5 years experience in insurance in Mexico is required, along with a bachelor’s degree in a relevant field. This role also involves managing teams and collaborating with internal and external partners.

Formación

• At least 5 years’ experience in insurance markets in Mexico.
• Knowledge in insurance products such as Motor, GAP, Credit Life, Extended Warranty.
• Experience in leading and developing teams.

Responsabilidades

• Define the local insurance road map according with IO guidelines.
• Manage ongoing insurance products and ensure adequate controls.
• Develop and implement new products according to business requirements.

Conocimientos

Interpersonal skills

Communication skills

Negotiation skills

Fluent in English

Achievement focused

Change agent mindset

Commercial understanding

Educación

Bachelor’s degree in business, Insurance, Finance, Actuary, Economics

Herramientas

Excel

Word

PowerPoint

Descripción del empleo

Overview

The Insurance Senior Manager is responsible for the development, implementation and ongoing administration of insurance products and services in Mexico.

Responsibilities

• Define the local insurance road map according with IO guidelines and market needs and trends
• Manage ongoing insurance products in conjunction with all internal areas involved, and external providers, ensuring adequate controls and reporting
• Select the right partners for the insurance business and ensure the execution of each contract, which must include SLA for the different procedures
• Analyze the technical result of the product with clear understanding of claim ratio and underwriting processes to have a profitable business for GMF and providers
• Monitor the profitability of the programs to meet and exceed business plan key performance indicators including fee income and penetration in each product
• Develop and implement new products according with the business requirements and customers’ needs
• Support commercial team in the right strategies to commercialize insurance products to the network
• Create and promote tactical action to encourage the sell and the KPI achievements by dealer with the support of the field team
• Influence and participate in insurance decisions with GM to strengthen brand product with sales, after sales and finance areas mainly
• Develop and maintain strength relationship with the different providers
• Help develop and monitor sales & marketing initiatives between, GM, GMF, dealers and their customers
• This includes opportunities such as re-solicitation schemes, cross-selling activities, and campaigns
• Engage and develop the country insurance teams
• Ensure that all the products meet the insurance technical, legal, and regulatory frameworks

Qualifications

• Bachelor’s degree in business, Insurance, Finance, Actuary, Economics or related is a must
• At least 5 years’ experience in insurance markets in Mexico (insurance company or broker), preferably knowledge in massive markets or international markets
• Knowledge in insurance products such as Motor, GAP, Credit Life and Extended Warranty
• Experience within the Automotive, Banking or Financial Sector or as a related third party with related products
• Experience placing insurance through third parties (preferred)
• Experience in leading and developing teams
• Fluent English Skills (Will be evaluated during interviews)
• Interpersonal, communication and negotiation skills
• Proficient Technology Skills including Excel, Word, and Powerpoint
• Solid understanding of the insurance legal and regulatory frameworks
• Team player – supporting colleagues and working effectively with them to achieve team goals
• Achievement and result focused – for self and team
• Navigating thru ambiguity where there is no pre defined path and strategy development is key
• Change Agent, Challenge status quo and business as usual / disruptive mindset with a purpose
• Innovation. New business development, seek for incremental revenue streams and business model
• Commercial understanding of the business, i.e., business drivers, market forces, etc.

GM Financial is an Equal Opportunity Employer and is committed to diversity and inclusion at every level of our organization. We do not discriminate against any applicant or employee based on race, color, age, gender, marital status, national origin, religion, sexual orientation, gender identity, gender expression, veteran status, disability, or any other that undermines human dignity and aims to nullify or impair people´s rights and freedoms.