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Business Development Manager @ Renewbuy

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 Business Development Manager

Job Description


Designation: Sales Manager/Senior Sales Manager/Business Development Manager

Reporting To: Area Sales Manager/Cluster Manager

Objective:


To develop and manage the Individual Agency Channe (Motor/Health & Life) in the

territory & to support the existing partner base


Responsibilities/KPI's:


1. Agency Channel Development

  • Sourcing POS Agents as per the agreed mix and policy.
  • Agency Channel 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.

2. Agency Channel 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.

3. Channel Servicing

  • Reconciliation of partner accounts and coordination with all the departments

for same

4. 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.

5. Compliance & Hygiene

  • To ensure compliance with the external bodies and other authorities.
  • Ensure internal compliance.
  • Manage cheque bounce recovery and business pendency.
  • Other responsibilities as per the KPI and growth factors.

Skills and Experience

Required: Agency sales in insurance sector

Job Classification

Industry: Insurance
Functional Area / Department: BFSI, Investments & Trading
Role Category: Life Insurance
Role: Insurance Sales / BD Manager
Employement Type: Full time

Contact Details:

Company: Renewbuy
Location(s): Noida, Gurugram

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Keyskills:   agency insurance Agency Development Sales Agent Recruitment health life

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₹ 2.25-5 Lacs P.A

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Renewbuy

We are Auto Insurance specialists. Backed by our proprietary technology, we are fast getting established as India€š„s premier online auto insurance comparison platform. As car and bike owners we understand the pain that people face once a year- Insurance renewal. So we decided to make...