AZRH-HDFC BB-Rajasthan - Udaipur
About this role
Job Purpose
Drive business and achieve targets through allocated region/area. Nurture and maintain the relationship with the channel partner for the incremental development of the business contributing by the relation and help/supervise them for the smooth function of the business process flow. Manage a team of Cluster Managers to maintain the proper process of doing valued business for the organization.
Key Challenges for the role –
- High dependency on third party/relationships who may have their own priorities, so alignment is the key.
- Balancing between the process requirement and expectations of the Channel partners
- Operating in a complex environment of dealing with a Bank in order to ensure that Insurance is a significant contributor to their Third-Party Revenue streams considering the fact that Banks have to work under strict regulations.
- Engaging the various channels within the bank to optimise on the opportunity available across customer segments
- Constantly coming up with initiatives to grab the mindshare of the bank’s sales force which involves training, engaging with the bankers, organising customer interactions and designing & fulfilment of attractive Rewards & Recognition programs which motivates them to sell.
Key Result Areas | Supporting Actions |
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Ensure achievement of Targets (Premium & Revenue) in order to contribute in overall growth of the company
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Aggressively downloading all the RnR activities running by the organization. |
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Ensure smooth function of the sales and other processes in order to maximise business potential.
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Maintain the expense gap in order to reduce the cost
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Maintain a SM wise expanse tracker |
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Ensure relevant people in the right place right time in order to maximise the productivity
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Recruit, develop and train team members to maximize productivity |
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Execute the right method of business acquisition in order get the profitable mix for the organisation
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Ensure Persistency targets as per the company norms so that renewals take place on time |
Put in place checks and balances to control the quality of business |
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Relationship Management with key management of verticals within the bank to improve penetration |
Identify innovative methods working with the relationship to enhance penetration of the database |
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Team Management |
Ensure periodic job rotation to give a higher exposure to the team members on all aspects. | |
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