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Assistant Vice President -General Insurance (Delhi)

15.00 to 20.00 Years   Delhi   15 Jun, 2023
Job LocationDelhi
EducationNot Mentioned
SalaryRs 9 - 12 Lakh/Yr
IndustryBanking / Financial Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    Insurance and NPS Key Deliverables: The objective of this job is to increase overall financial revenue of Insurance and NPS products, being generated from the set of B2B, B2C, Franchisee, HNI accounts mapped with the national level targets by means of:
    • Focus on business development of Insurance and NPS products to sustain and achieve growth in relationship value, revenues and improved client stickiness, on national level
    • Effectively manage P&L responsibility which involves monitoring the net income after expenses for the department with direct influence on how company resources are allocated
    • To achieve monthly, quarterly & yearly business targets through desired relationship management for HNI Sales and Cross Sales.
    • Drive sales campaigns to enhance revenue and increase product growth
    • To collaborate with stakeholders in managing the business activities of cross functional products and enhance revenue generation
    • Setting and monitoring sales objectives.
    • Providing sales strategies, feedback, and marketing plans.
    • Contributing to meeting sales targets
    • Keeping up-to-date with industry developments
    • Bargain strategic partnership with leading insurance companies
    • Drive innovation through differentiated product constructs
    • Manage all regulatory & compliance interaction with IRDA / Insurance companies & internal teams
    • Ensure compliance through regular process checks and audit scores
    • Effective resolution of customer queries and retention
    • Ensuring that team is well equipped with product / technical knowledge
    • To travel and do business planning on national level with the team & ensuring that it is executed as per the goals
    • Activation of new business partners and achieving business targets on a month-on-month basis
    • To ensure meeting the targets in terms of onboarding of business associates / clients / retention of clients etc.
    • Motivate the team to follow the sales process and review it at a regular interval
    • Hiring, retaining and development of sub-ordinates
    • Maintaining healthy relationships with third parties including financial institutions, Insurance companies, etc.
    • By reaching out to all mapped clients on a periodic basis and cross selling as many products as possible (as per the demographic, lifestyle and risk profiling)
    • Conduct risk profiling of all mapped clients for better advisory on investment needs
    • To motivate managers and team members with various contests and R&R initiatives
    • Regular monitoring of team performance and conducting regular team meeting & performance review programs to take necessary corrective measures
    Personality Traits:
    • Effective, versatile and action-oriented
    • Proficiency in written and oral communication skills
    • Impeccable managerial and interpersonal skills
    • Ability to work strategically and collaboratively across the departments
    • Ability to collect and analyze data from multiple points both from inside and outside the organization
    • Extensive knowledge of unit economics, business operations, corporate development and strategy
    Ability to work with a diverse range of stakeholders across various functional disciplines to understand their respective challenges and motivationsIf anyone interested please share their resume at hidden_email or whatsapp at hidden_mobile.,

Keyskills :
reportingcompliancefinancecorporate developmentbankingrelationship managementbusiness development

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