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Relationship Manager Corporate Business - Broking

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  • Posted a month ago

Job Description

Job Description :

1.Managementofcorporategroup-MNCBrokers

Researchthemarket-growth,competitors,brokersandtheirpastperformanceetc.basiswhichalignonthetargetsincludingrenewalversusfreshpremium,projectionsbymonth,compositionbydifferentlinesofinsuranceetc.

Developanactionplanfortheteamtodrivethetargetsbybrokers,linesofbusinessandsalesthroughtheexistingsignatureaccounts,ensuringachievementofdefinedtopline/bottom-linetargets.

Supportteamincreating/bundlingappropriatedealsforexistingclientsandmanagingtherelationshipeffectivelytoensureclientacquisition,confidence,engagementandretention

Discussupscale/cross-sellopportunitieswithclientstodrivegrowthofthebusinessconductedandrevenuegenerated

Driveplansforincreasing/decreasingbusinesswithexistingbrokersandsigningupnewbrokers.

Maintainqualityofproductportfoliostoensureportfoliosofferedmeetclients'requirementsaswellasgenerateproductwise.

2.Capabilitydevelopment

Regularlyengageindiscussionswithteamonprospects,closures,andcommitmentsaswellasprovideguidancetotheteamtoensurethateachLoBandlocationisachievingitstargets.

Identifyclients'requirements/evolvingmarketenvironmentandidentifygapsinvariousbusinessprocesses/operationstodriveimprovementsrequiredtodriverevenuetarget

Reviewvariouspoliciesduringrenewalsandrecommendrevisionsintermsofriskcoverage.

Providetrainingstobrokerstoensuretheyareequippedwithknowledgeofvariousproductsandsalescapabilities

Generatemaximumleadsindepthunderstandingofmarket,developmentsacrossvarioussectorsand variousproductstohaveinformeddiscussionswithclientswhilepitchingtothemforbusiness/discussingotherbusinessmatters

3.Relationshipmanagement

Buildlongtermrelationshipwithkeybrokersandinterveneinresolvingescalatedissues(likeclaims,policyissuanceetc.)forontimeredressalofgrievancesandconcerns

Conductregularmeetingswiththebrokers.Sharecollateralandproductinformationthroughmailers.Discusswhatsupporttheyrequirefromidentifyactionareasforbrokersand team.

Recommendrewardsandrecognitionprogramstobedrivenforbrokerstoensurelong-termpartnershipandsustainablebusinessgenerationfor

Contributetostrengtheningclientrelationshipsbyconductingvariousengagementactivitieslikewellnessprogrammes,organizingeventslikecricketmatchesetcfortheclients.

4.Teamdevelopment

Participateinrecruitmentprocesstoidentifytherighttalentforvariouspositionswithinthedirectbusinessteam

Establishindividualperformanceexpectationsandregularlyreviewindividualperformanceoftheteam

Providetrainingstotheteamtoensuretheyareequippedwithknowledgeofvariousproductsandsalescapabilitiestogeneratemaximumbusiness

Education/Qualification:Graduation

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About Company

Welcome to the world of Bajaj Allianz General Insurance Limited - a joint venture between Bajaj Finserv Limited and Allianz SE. Our ethos, #CaringlyYours, focuses on the aspiration to move from being functionally available to being emotionally present. We care about making your life convenient and easy.

Job ID: 131177635