Job Description

:
Join Tata AIA Life Insurance, a leading and fastest-growing life insurance provider in India, established in 2001 as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. Our company embodies a legacy of trust, integrity, and excellence, combining Tata's esteemed leadership with AIA's extensive pan-Asian expertise. At Tata AIA, our vision is to be the pre-eminent protection provider enabling dreams and inspiring healthier, happier lives.
We foster a culture of innovation, inclusivity, and continuous learning, offering dynamic career growth opportunities and a supportive work environment. Recognized as a "Great Place to Work" and recipient of the Kincentric Best Employer Award, we are committed to employee satisfaction and holistic well-being. Our core value, "People - Our Core," emphasizes our dedication to inspiring our employees to be and deliver their very best. Our aim is to attract, hire and develop highly capable leaders who are just, fair, ethical, and accountable for their actions. We strive to provide our employees with the right training, technology, equipment, resources, and guidance to perform their job effectively. Our promise to you is to provide for a diverse, equitable, and inclusive work environment, where each employee is valued as an individual and treated with respect, care, and compassion.
Fuel your future with us, find your wings, and S.O.A.R. - Shape opportunities, optimize your potential, Accomplish meaningful work, and Reap holistic growth.

• Position Overview

Position Title
Key Account Manager - VRM - IDFC First Bank
Department
IDFC Partnership Distribution
Level/ Band
204/209
Role Summary:

• Driving business & Achieve assign targets
• Collaborating with relevant stakeholders of corporate office to align process & maximize efficiency to ensure extraction

• Organizational Relationships

Reports To
Cluster Sales Manager/ Cluster Head
Supervises
None

• Job Dimensions

Geographic Area Covered
VRM Center Location
Stakeholders Internal
Training, Channel Marketing, Branch Operation, Product Management, Distribution Operation
Stakeholders External
Channel Partner

• Key Result Areas

Strategic Business Development

• The role holder should have the ability to achieve goals, efficiently execute target plans aligned with choice priorities
• To plan target achievement, execute key priorities,

Implements and monitor plans constantly to track progress to accomplish desired goals.

• To be able to multitask and balance competing priorities effectively, understand the value of time and can get more done in less time than others, can do significant value addition in driving organization goals

Sales & Compliance Management

• To achieve channel targets: Achieve Premium targets as per rolled out channel plan
• To achieve IDFC branch LG/ SP Activation Targets: To track track Input parameter like leads
• To create healthy pool of lead generation across VRM staff Ability to set high standards for self. Continuously improve own performance and meet or exceed objectives. Make joint field calls
• To be a Domain Expert: knowledgeable of product, industry norms, financial markets, regulatory norms, channels, emerging trends, new developments
• Should be able to apply the knowledge to enhance business prospects, understand problems and provide proactive solutions basis his specialized knowledge.
• Ensures adherence to policies and procedures to cultivate a compliance culture in the team.
• Maintain and observe Company's internal control standards, implement, and observe the Company's Compliance Policy.

Relationship Management

• Building & Leveraging Relationships: Being able to connect with people naturally, show genuine concern for others,
• Focuses on meeting customer needs both internal and external, able to persuade & influence outcomes without direct controls.
• Develops networks and builds alliances with wide range of stakeholders to facilitate "win-win" situations.
• Leveraging existing relationships well and is mature in creating strong personal rapport and building long lasting relationship.

• Skills Required

Technical

• Product/Subject matter expertise
• Relationship building to closure
• Finance / Insurance industry awareness
• Self-management
• Peer level co-ordination and influencing skills

Behavioral
Essential
Desired
Interpersonal skills
Communication skills
Creative thinking skills
Supervising / Leadership skills
Teamwork Skills
Influencing skills
Relationship Building skills
Decision making skills

• Incumbent Characteristics

Essential
Desired
Qualification
Graduate
PG/MBA
Experience
1-2 years
Prior experience of handling similar roles
Disclaimer:
Tata AIA Life Insurance does not charge any fees from candidates during the hiring process. Verify job offers through official Tata AIA communication channels to avoid fraud. The job description is the sole property of Tata AIA Life Insurance. The content of this JD is confidential, and unauthorized changes or reproduction are forbidden. To know more about Tata AIA Life, click on the weblink:
About Company:
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.

Skills Required