Website:
techmindstrategy.com
Job details:
We at TechMinds Strategy LLP are looking for the following resource on a very urgent basis
Principal Officer — Insurance Broking (Life & General) | Pune
Location: Pune, Maharashtra (on-site)
Type: Full-time, whole-time statutory role
Seniority: Leadership / CXO-equivalent
Build a brokerage from the ground up
We are a new-age insurance broking company preparing to apply for a Direct Broker (Life & General) licence from IRDAI, headquartered in Pune. Alongside life and general insurance, we are building a differentiated Surety & Insurance Bonds vertical (under IRDAI's Surety Insurance Contracts Guidelines, 2022) serving contractors, EPC firms and infrastructure players — one of the most promising B2B whitespaces in Indian insurance today.
We're looking for our founding Principal Officer — the statutory head of the broking business, the named accountable officer before IRDAI, and a true co-builder of the firm.
What you'll own
- The licence. Lead the IRDAI registration end-to-end — Form B application, capital and infrastructure readiness, regulatory queries — and thereafter own every filing, renewal and inspection.
- Compliance culture. Full accountability for the Insurance Act, IRDAI Broker Regulations 2018, Code of Conduct, professional indemnity cover, AML/KYC and data-protection obligations.
- The business. Co-own the P&L with the partners. Empanel life, general and surety-writing insurers, set placement strategy, and build revenue across retail, SME and corporate segments.
- The surety vertical. Stand up a specialist B2B bonds practice — insurer empanelment, credit-assessment capability, and pipelines with project-driven businesses.
- Client outcomes. Institutionalise needs-based advice, transparent quote comparison, and a claims-advocacy function clients genuinely value.
- The team. Hire, certify and lead vertical heads, Broker Qualified Persons and operations staff — with zero tolerance for uncertified solicitation or mis-selling.
What you must bring (IRDAI eligibility — non-negotiable)
- Graduate degree plus a recognised professional qualification (Associate/Fellow of III, IIRM qualification, actuarial credentials, CA/CS/CMA, MBA, LLB or equivalent)
- Willingness to complete the 50-hour broker training (NIA Pune / IRDAI-recognised institute) and clear the prescribed examination before filing — we will sponsor this
- Clean fit-and-proper record: no convictions, insolvency or adverse regulatory history
- Ability to serve as a whole-time, exclusive employee — no concurrent role with any other insurer or intermediary
What will make you stand out
- 10+ years in insurance, broking, underwriting or financial services, with insurer relationships across life and non-life markets
- Exposure to surety, trade credit, project finance or contractor credit assessment
- Experience facing a regulator — filings, inspections, audits
- A builder's mindset: comfortable being employee #1 of a licensed entity
- Fluency in English and Marathi/Hindi for the Pune and Western Maharashtra market
Why join us
- Founding leadership role with genuine authority — you shape the firm's strategy, team and culture from day one
- A focused play in surety bonds, a segment most brokers haven't yet built real capability in
- Direct partnership with committed promoters and a Board that treats compliance as a competitive advantage, not a checkbox
- Competitive compensation with performance-linked upside (details discussed in process)
How to apply
Send your CV with a short note on your most relevant regulatory or business-building experience via LinkedIn Easy Apply or message us directly at mandar@techmindstrategy.com kindly ensure that title of your mail is set as 'Application for the post of Principal Officer'
Shortlisted candidates will go through a Board interaction and IRDAI fit-and-proper documentation review.
Appointment is subject to IRDAI's approval of the Principal Officer as part of the broker registration process.
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Click on Apply to know more.
