Novo Insurance

Description :

We are seeking a visionary and hands-on Chief Technology Officer (CTO) to lead our technology strategy, innovation roadmap, and AI-driven product initiatives. The ideal candidate will bring a blend of technical depth, strategic acumen, and leadership expertise particularly in the insurance industry and data analytics / AI product space.

As the CTO, you will be responsible for driving digital transformation, leading advanced analytics and AI initiatives, and building scalable, secure, and future-ready technology solutions that align with the companys growth and innovation agenda.

Key Responsibilities :

Technology Leadership & Strategy :

- Develop and execute a comprehensive technology roadmap aligned with the companys vision, mission, and business goals.

- Lead technology innovation initiatives across AI, data, cloud, and automation to strengthen competitiveness and operational efficiency.

- Manage the companys IT infrastructure, cloud ecosystem, cybersecurity, and data governance frameworks.

- Identify, evaluate, and adopt emerging technologies (AI, Big Data, Blockchain, IoT, LLMs, Generative AI) that drive business transformation.

AI, Data & Product Leadership :

- Lead the design, development, and deployment of data and AI-based products and services, including data platforms, analytics tools, and ML-driven solutions.

- Manage a portfolio of data & ML products across the insurance value chain to optimize decision-making, customer experience, and operational performance.

- Oversee the AI product lifecycle from conceptualization and requirements gathering to implementation and continuous improvement.

- Collaborate with data scientists, engineers, and business teams to embed deep learning, LLMs, and GenAI capabilities into business workflows.

- Champion data-driven culture, setting measurable KPIs and ensuring continuous improvement in deployed ML models and AI products.

Collaboration & Business Enablement :

- Partner with business leaders across marketing, sales, operations, and finance to deliver technology solutions that enable strategic outcomes.

- Serve as a trusted advisor to the executive leadership team on technology trends, digital strategy, and innovation opportunities.

- Promote cross-functional collaboration and foster a culture of agility, experimentation, and continuous learning.

Governance & Operations :

- Oversee IT budgets, vendor relationships, and resource planning to ensure efficiency and ROI in technology investments.

- Ensure the security, scalability, and reliability of enterprise systems and data architecture.

- Establish data quality management, DataOps, and data visualization standards to support high-quality analytics and reporting.

- Monitor and report the impact and performance of technology initiatives to stakeholders.

Required Skills & Experience :

years of progressive experience in IT leadership roles, preferably in the Insurance sector or related domains (BFSI, FinTech, InsurTech).

- Proven track record in data analytics, AI product management, and digital transformation initiatives.

Hands-on expertise with :

Cloud Platforms : Microsoft Azure (preferred), AWS.

Data Tools & Tech Stack : SQL, Databricks, Apache Spark, Power BI, Azure OpenAI Studio.

AI/ML Technologies : Machine Learning model deployment, LLMs, Generative AI, Deep Learning frameworks.

- Strong understanding of data quality management, DataOps, and data visualization.

- Demonstrated success leading teams that deployed ML models into production with measurable business impact.

- Solid knowledge of insurance products, services, regulations, and market trends.

- Bachelors degree in Computer Science, Engineering, Information Systems, or related discipline (mandatory).

- Masters degree (MBA or M.Tech) from a reputed institution is a plus.