Business Development Manager Health Insurance

Bajaj Allianz General Insurance


Date: 2 weeks ago
City: Guwahati, Assam
Contract type: Full time
  • Business Development & Execution

ᄋ Formulate Sales Execution on ground for driving health business in alignment with overall business strategy for the vertical considering the prevailing market conditions to ensure achievement of defined targets/revenue/ profit

ᄋ Maintains and analyzes sales reports and accordingly directs sales teams to increase health business

ᄋ Screen market landscape and identify prospective institutes/ big agents who can liaison with us to increase health sales

ᄋ Develop and implement action plans for increasing the intermediaries’ wallet share with BAGIC while maintaining profitability of business

  • Intermediary Management

ᄋ Analyze performance of agents and guide them to maximize their revenue by using upselling/cross-selling strategies.

ᄋ Manage relationships with the bank branches that have been assigned to the Health Sales team across the zone, to drive health business.

ᄋ Ensure IMD and customer grievances have been addressed, if any.

ᄋ Engage with the agents on a monthly basis to ensure they are adequately motivated to keep generating business for BAGIC.

ᄋ Run campaigns/ trainings/ league programs for intermediaries in the zone to develop their knowledge of products enhance their sales capabilities

  • Operational review

ᄋ Interact with intermediaries to evaluate their performance/ business generated by them and address any concerns which may be hampering business for BAGIC

  • Team Development

ᄋ Participate in recruitment process to identify the right talent for various positions within the team.

ᄋ Establish individual performance expectations and regularly review individual performance of IMDs.

ᄋ Guides the IMDs with ideas on different approaches while doing agent recruitment to maximizing sales revenue.

ᄋ Create development opportunities for IMDs to enhance functional knowledge and sales capabilities.

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