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Business Development Manager

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Job Description

Responsibilities / KPI's

Agency Channel Development

  • Source POS Agents as per the agreed mix and policy.
  • Develop the Agency Channel for the assigned location.
  • Coordinate with the Operations team for pre-licensing, training, and licensing processes.
  • Conduct induction training and collaborate with the sales training team for product and ongoing POS training.
  • Maintain the agreed mix of new and existing agents/POS.
  • Develop and execute strategies to reach various market segments.

Agency Channel Management

  • Monitor agent performance across renewal/fresh database, funnel, and closures.
  • Maintain a high percentage of active POS agents.
  • Control attrition among POS agents.
  • Ensure high productivity of the team and POS agents with the right level of engagement and motivation.

Channel Servicing

  • Reconcile partner accounts and coordinate with departments to resolve discrepancies.

Profitability

  • Analyze market dynamics and provide feedback to enhance internal organizational strategies.
  • Manage loss ratios effectively.

Compliance & Hygiene

  • Ensure compliance with external bodies and internal company regulations.
  • Manage cheque bounce recovery and address business pendency.
  • Perform additional tasks as per KPI and growth objectives.

About Company

Over 7 years old company, RenewBuy was started by Indraneel Chatterjee and Balachander Sekhar. RenewBuy is a fully technology-integrated, industry-focused insurance and financial products consulting firm. Our highly trained and specialized advisors are peer-level consultants who serve as an extension of our customer’s financial and insurance needs to proactively elevate customers’ experience, simplify processes, and make them more accessible. RenewBuy is a proud people-driven organization with a reputation for technology innovation, service, and culture.

With a strong network of over 90,000 advisors spread across 750+ cities, RenewBuy envisions providing financial and insurance products across the length and breadth of the country. RenewBuy is branched across 60+ offices with a total employee strength of 2000+ and works with over 35+ insurers across motor, health, and life insurance categories and financial products in loans, credit cards, and health plans.

Job ID: 130606561

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