Associate Vice President - Digital Transformation- IT, Mumbai

Key Responsibilities:

• Digital Transformation: Lead digital transformation initiatives, incorporating cutting-edge technologies such as Al, machine learning, blockchain, and cloud computing to enhance customer experience and operational efficiency.
• System Development & Maintenance: Oversee the development, enhancement, and maintenance of core insurance systems, including policy administration, claims processing, underwriting, and customer portals.
• Cybersecurity & Compliance: Ensure the integrity, security, and compliance of all IT systems with industry regulations
• Vendor & Stakeholder Management: Collaborate with internal stakeholders, vendors, and third-party technology partners to deliver cost-effective and scalable solutions. Negotiate contracts and manage service delivery.
• Cloud & Infrastructure Management: Ensure the effective operation of cloud infrastructure and enterprise systems to provide seamless operations and scalability. Oversee IT infrastructure, network architecture, and data centers.
• Team Leadership: Lead and mentor IT teams, including developers, engineers, system architects, and security professionals, fostering innovation and high-performance culture.
• IT Governance: Establish IT governance processes to ensure compliance with industry regulations, standards, and best practices. Implement efficient risk management and disaster recovery plans.
• Budgeting & Cost Optimization: Manage the IT budget effectively, ensuring investments are made in technologies that drive business value and operational efficiency.

Qualifications:

• Bachelor's degree in Information Technology, Computer Science, Engineering, or a related field. Master's degree with 10+ years of experience in IT, with at least 5 years in a leadership or senior management role 
• Proven experience with digital transformation, cloud technologies, data analytics, and cybersecurity in a regulated environment.
• Strong understanding of insurance products, operations, and industry-specific technologies.
• Experience with project management methodologies and IT governance frameworks.
• Expertise in emerging technologies (Al, machine learning, blockchain, cloud computing).
• Knowledge of IT infrastructure management, network architecture, and system integration.