Job Description

Deputy Manager- Business Planning

Job Title
Deputy Manager - Business Planning
Location
Gurgaon HO
Department
IMF
Function
Business Planning
Reporting to
Chief Manager - Business Planning and Analytics
Band
4A
Job Summary:
Identify business drivers to be tracked for data analytics and provide management support and decision making through early warning signals/lead indicators
Key Responsibilities/ Key Deliverables:
Business Planning

• Support formulation of business strategy, including analysis of internal and market trends
• Comprehensive & timely business planning on sales and expenses in discussion with Business and relevant functional stakeholders
• Periodic Sales updates / forecasts to assess deviations from plan and suggest course correction as required

Performance Management Enablement and Analytics

• Supporting in conceptualize and design sales force Compensation and Reward schemes based on available budgets to maximize sales
• Adherence to budgets and efficacy assessment of compensation schemes to take course correction if needed.
• Identify business drivers to be tracked for data analytics and provide management support and decision making through early warning signals/lead indicators.
• Validate strategic initiatives of the channel to establish operational feasibility and benefits vs. cost and drive agreed initiatives closely with the channel heads.

Measures of Success:

• Timely submission of business plans and accuracy of short and long term forecasts, robustness of assumptions
• Positive feedback from the field on the construct of the schemes

Key Relationships (Internal / External):

• AVP - BP& A/ HOA/ Channel Heads/ CDO / CFO of the organization
• Business head of the respective sales channel and regional teams
• Front line sales (Agents/Employees)
• Functional teams (Operations, Finance, Underwriting, Products, Marketing, BPMA, Sales promotion, Facilities)

Desired qualification and experience
Job Specifications:

• Post Graduate in management with at least 4-6 years of experience across functional areas like finance, operations, analytics

KEY COMPETENCIES/SKILLS REQUIRED

• Good analytical skills with a good feel for numbers
• Sharp prioritization and delegation while working with multiple teams and priorities
• Managing intersections and cross functional relationships, influencing and persuasion capability.

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