A Vertical Head (Motor Dealer) is primarily responsible to supervise the business delivery under motor dealer vertical for a branch. Driving business through 2W, 4W, private cars and commercial vehicle & work on new business development for the branch/the location they are managing.
Scope of work:
- Drive and achieve monthly topline targets through Motor dealer vertical
- Ensure diversification of portfolio into two wheeler, four wheeler, private cars and commercial vehicles for the location they are managing
- Achieving business goals and revenue targets.
- On boarding OEMs through team members as per targets set
- Coordinate with team to ensure month on month activation of dealers as per targets set
- Manage individual targets for activation and premium if any
- Responsible for achieving overall GWP (Gross Written Premium)
- Responsible for sustainable profitability
- Responsible to maintain COR at budgeted levels
- Combined Ratio- Minimizing Loss & Cost of Acquisition
- Ensuring IRDAI compliance regarding licensing & commission payments to Agents.
- Handling a team of relationship managers
- Train team on products, process and USPs of Company
- Identify the area of improvement & enhancing business opportunity
- Responsible for explorations & identification of current business avenues by way of business leads & networking.
- Resolve the discrepancies raised by the Underwriter and issue policies at branch level.
Professional Experience: 7+ years; GI in Motor Dealer / OEM