Business Development Manager - Agency Channel - Madurai

Dear Candidate

Hope this email finds you in Good Spirit!

We have got your profile shortlisted when we were searching for the right candidate for our organisation. We have a new role/job in our Sales department-Agency Channel, and we think you might be perfect for it.

RenewBuy.com (D2C Insurance Broking Private Limited), is one of the fastest growing insurtech Company in India. Our specialization is in Motor, Health & Life Insurance sector with wide choice of product offerings, backed by our proprietary technology, we are established as an online insurance comparison platform.

Associated with the top insurers available in the Indian market. We at RenewBuy provides an online Insurance Platform with the smartest and fastest way to compare, choose and buy Motor, Health & Life Insurance Policy. With an objective to make the life of people easier, we facilitate our customers with an end-to-end solution related to insurance. The company serves its partners with an online platform where they can easily buy or renew an insurance policy. The company also provides assistance to its customers as well as partners through a team of experts.

Here Is What Only RenewBuy Offers

• Lowest premiums for Motor, Health & Life Insurance
• 1-Click Renewal
• Buy Policy in 3 steps
• Expertise and advice to help customer choose the right company and the right insurance type
• Claim assistance
  
  

For more details pls click here https://www.renewbuy.com/about-us/

NOTE: FOR TAKING YOUR PROFILE FORWARD REQUEST YOU TO SEND YOUR UPDATED RESUME BY REVERTING ON THIS EMAIL.

Level Description

Sets specific standards / objectives with short-term focus, Adapts communication based on given audience to reach an agreement, Modifies processes in defined domain,Follows defined procedures and receives direction regarding work priorities from the manager. Works independently on routine tasks. Exercises limited discretion within established guidelines. Functions as Team Member.Growing ability to apply general principles and standard techniques/procedures.Manage Mid Size teams (~4 – 5)

Objective

To manage team of TSM and RM's and to develop and manage the Individual Agency Channel in the assigned area.

Primary Responsibilities Include

• Agency Channel /POS Development
• Help employee for Sourcing/servicing POS Agents as per the agreed mix and policy.
• Agency Channel/POS Development for the assigned location.
• Coordinating with Operations team for pre licensing, training, and licensing.
• Conduct induction training and coordinate with sales training team for product and ongoing trainings for the respective POS.
• Maintaining the agreed mix of new and existing agents /POS.
• Develop and execute strategies to reach out to various market segments.
• Agency Channel /POS Management
• Monitoring Agent performance on the common variables of segment way to the market -Renewal/Fresh database, funnel, and closures.
• Maintaining the high active percentage of POS.
• Controlling Attrition of POS Agents.
• Ensuring high productivity of team and POS and manage the right level of channel engagement with the POS.
• Channel Servicing
• Reconciliation of partner accounts and coordination with all the departments for same
• Profitability
• Work on various market dynamics and provide feedback for the improvement in the internal organisation to cope up with the same.
• Management of loss ratios.
• Compliance & Hygiene
• To ensure compliance with the external bodies and other authorities.
• Ensure internal compliance.
• Manage cheque bounce recovery and business pendency.
  
  

Qualification

• MBA from a business school/University degree
• Should have a Minimum of 1+ years of experience in Insurance Agency Sales
  
  

Other Responsibilities As Per The KPI And Growth Factors.

Choosing RenewBuy means working in a company with solid growth prospects and building career around the strength of technology. By joining us you can become a part of growing team that values your opinion, ideas and intellectual courage. Contribute to our growth by using your skills, grow your career in insurance domain and increase your industry impact. We value hard workers and reward with unlimited opportunity. If one has the passion and the dream to do something different, join us.