Job Description

Position Title: Business Development Executive/Sr. Business Development Executive/BDM/Sr. BDM Function : Bancassurance Channel Objectives: To Develop the Bancassurance in the Territory Responsibility / KPIs: 1. Bank Channel Management ⨀ Responsible for driving business from AXIS Mapped channels ( Branch, Motor loan, Business banking and Assets) ⨀ Training & development of Bank officials to facilitate & drive business within the region. ⨀ Monitoring & motivating the bank team, to attain business targets. ⨀ Time-bound commitment & accomplishment of business targets, as assigned by the manager. ⨀ Ensuring high productivity ⨀ Monitoring channel -Renewal/Fresh Database, Funnel, and Closures. 2. Channel Servicing ⨀ Prompt Delivery on communication, Quotes, Policies, Claim Servicing, etc. to the Bank ⨀ Ensuring all process are followed to the core ⨀ Managing and Controlling the Manual CN process as per the rules laid down ⨀ Collection and control of receivables ⨀ Reconciliation of partner accounts and coordination with all departments for the same. 3. Profitability To execute underwriting policies and provide feedback for improvement of the same. Management of Loss Ratios 4. Compliance Ensure compliance with the regulatory requirements of IRDA and other authorities. Ensure Compliance with Internal Norms Skills & Experience required: ⨀ Should have hands-on experience in servicing of banks. ⨀ Should have strong knowledge & business relations in the region ⨀ Should be a go-getter & Self Motivator ⨀ Should have strong Marketing & Negotiation skills ⨀ Should have Excellent Communication Skills & a team player ⨀ Minimum 4 yrs of Marketing experience in the General Insurance Industry Qualification: Graduate / MBA is preferable Experience: 2 - 8 Years