Job Description

Job Title
Deputy Manager - Business Planning & Analytics
Location
Gurugram 90 C
Department
Bancassurance
Function
Bancassurance - Business Planning & Analytics
Reporting to
Manager - Business Planning & Analytics
Band
5B
Function Summary
The Bancassurance Department within Axis Max Life Insurance plays a critical role in driving the distribution of life insurance products through our strategic partnership with Yes Bank. This department leverages Yes Bank's existing customer base and infrastructure to offer insurance solutions.
Bancassurance Department serves as a bridge between Axis Max Life Insurance Company and Yes Bank, ensuring that insurance products are effectively marketed and sold to a wide customer base, while maintaining high standards of customer service, compliance, and performance.
Below is a summary of the key functions typically performed by the Bancassurance Department: * Sales and Distribution Management

• Customer Relationship Management
• Compliance and Regulatory Oversight

Job Summary
Contribute to the development of the strategy and implementation of the Business Plan for the Bank partnership. Define directions and objectives considering both internal and external scenarios to maximize revenue and profitability from the relationship. Sustain a successful relationship with the partner, characterized by a high level of strategic alignment & tactical engagement in the life insurance business.
Key Responsibilities:

• End to End fulfillment of Partner's requirement
• Commission Payout and GST/ TDS related communication to partner
• Reconciliation with partner on commission payouts
• Vendor Management
• Expense traction and provision booking with finance

Measures of Success:

• Feedback from stakeholders
• Work completion within TAT
• Closure of open cases end to end

Key competencies/skills required

• Closely working with Stakeholders & managing tight deadlines & TAT

• Strong Follow Up skills

Desired qualification and experience

• Graduate/ Post Graduate in any discipline
• Good communication skills
• Age group: 24-32 years

• 2- 4 years of experience in intensive Distribution operations, prior experience in Insurance essential
• Basic MS excel, PowerPoint and word skills

About Axis Max Life Insurance
Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture between Max Financial Services Limited ("MFSL") and Axis Bank Limited. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per the annual audited financials for FY2023-24, Axis Max Life Insurance has achieved a gross written premium of INR 29,529 Cr. For more information, please visit the company website at www.maxlifeinsurance.com.
#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Job Title
Deputy Manager - Business Planning & Analytics
Location
Gurugram 90 C
Department
Bancassurance
Function
Bancassurance - Business Planning & Analytics
Reporting to
Manager - Business Planning & Analytics
Band
5B
Function Summary
The Bancassurance Department within Axis Max Life Insurance plays a critical role in driving the distribution of life insurance products through our strategic partnership with Yes Bank. This department leverages Yes Bank's existing customer base and infrastructure to offer insurance solutions.
Bancassurance Department serves as a bridge between Axis Max Life Insurance Company and Yes Bank, ensuring that insurance products are effectively marketed and sold to a wide customer base, while maintaining high standards of customer service, compliance, and performance.
Below is a summary of the key functions typically performed by the Bancassurance Department: * Sales and Distribution Management

• Customer Relationship Management
• Compliance and Regulatory Oversight

Job Summary
Contribute to the development of the strategy and implementation of the Business Plan for the Bank partnership. Define directions and objectives considering both internal and external scenarios to maximize revenue and profitability from the relationship. Sustain a successful relationship with the partner, characterized by a high level of strategic alignment & tactical engagement in the life insurance business.
Key Responsibilities:

• End to End fulfillment of Partner's requirement
• Commission Payout and GST/ TDS related communication to partner
• Reconciliation with partner on commission payouts
• Vendor Management
• Expense traction and provision booking with finance

Measures of Success:

• Feedback from stakeholders
• Work completion within TAT
• Closure of open cases end to end

Key competencies/skills required

• Closely working with Stakeholders & managing tight deadlines & TAT

• Strong Follow Up skills

Desired qualification and experience

• Graduate/ Post Graduate in any discipline
• Good communication skills
• Age group: 24-32 years

• 2- 4 years of experience in intensive Distribution operations, prior experience in Insurance essential
• Basic MS excel, PowerPoint and word skills

About Axis Max Life Insurance
Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture between Max Financial Services Limited ("MFSL") and Axis Bank Limited. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per the annual audited financials for FY2023-24, Axis Max Life Insurance has achieved a gross written premium of INR 29,529 Cr. For more information, please visit the company website at www.maxlifeinsurance.com.
#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Skills Required