Regional Manager Bancassurance Insurance/public Sector Undertaking Banks (5 10 Yrs)

Year    Bihar, India

Job Description

REGIONAL MANAGER-BANCA (CANDIDATES FROM PSU BANKS ONLY APPLY) FOR A LEADING INSURANCE BRAND

- Drive business and achieve targets through allocated region/area.

- Nurture and maintain the relationship with the channel partner for the incremental development of the business contributing by the relation and help/supervise them for the smooth function of the business process flow.

- Manage a team of Sales Managers to maintain the proper process of doing valued business for the organisation.

Key Challenges for the role:

- High dependency on third party/relationships who may have their own priorities so alignment is the key.

- Balancing between the process requirement and expectations of the Channel partners ensure achievement of Targets (Premium & Revenue) in order to contribute in overall growth of the company

1. Continuous interaction with the channel partners

2. Mapping all the key decision makers

3. Aggressively downloading all the RnR activities running by the organisation.

Ensure smooth function of the sales and other processes in order to maximise business potential:

1. Communicating any process change or change in any rules and regulations by the help of different training module.

2. Supporting in the actual sales and service aspects including sales calls, issuance and complaint handling

Maintain the expense gap in order to reduce the cost:

1. Understanding the need of the expense

2. Taking commitment from the channel before any spending or allocation of the budget

3. Maintain a SM wise expanse tracker

Ensure relevant people in the right place right time in order to maximise the productivity:

1. Understanding the strength of the resource and depending on that allocating job responsibility

2. Evaluating the opportunity of each business unit and allocating targets as per that

3. Recruit, develop and train team members to maximize productivity

Ensure the right method of business acquisition in order get the profitable mix for the organisation:

1. Scrutinise the business on regular basis

2. Interacting with the customers through welcome calls

Ensure Persistency targets as per the company norms so that renewals take place on time:

1. Communicate with customers and

2. Resolve queries as and when required to ensure that renewal takes place on time

Building new business opportunities within the allocated area/relationships in order to maximise the:

1. Identify innovative methods working with the relationship to enhance penetration of the database

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Job Detail

  • Job Id
    JD2941926
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bihar, India
  • Education
    Not mentioned
  • Experience
    Year