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Bajaj General Insurance

Relationship Manager Corporate Business - Direct

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  • Posted 9 days ago
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Job Description

  • Broker Management
  • Execute the annual plan for the assigned geography through the assigned broker by way of acquiring new business or servicing existing business.
  • Collaborate with the broker to understand the need of the client and suggesting solution that is profitable as well as of the highest benefit to the brokers client.
  • Provide feedback to help customize reward plans or schemes that help drive business from a broker.
  • Coordinate and liaison for implementation of brokers meet or similar platforms to closely engage with brokers and keep them interested in what BAGIC has to offer.
  • Internal Operation
  • Actively involved in the leg work right from receipt of RFQ to providing the best quote to the broker.
  • Ensure invoicing, inwarding, policy issuance, dispatch are done as per agreed timelines.
  • Co-ordinate for implementation of the rewards plan or scheme as well as ensure timely and correct brokerage payout.
  • Actively involved in the leg work for best representation of a deal to the underwriters for the best quote
  • Resolve service issues in the best possible manner in coordination with cross functional team/s.
  • Portfolio Management
  • Broker wise portfolio analysis to present segment growth/edgrowth, profitable opportunities and risk levels.
  • Monitor and provide periodical MIS on market share at brokers, LOB mix, growth, etc.
  • Implement annual plan on effective portfolio allocation at each broker to drive profitability

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Job ID: 143228195