Exploring products and services pertaining to financial service (banking & insurance) industry, identifying potential partners for Insurance and other such rural products, Coordinating with internal and external stakeholders to complete partnership journey, Understanding and setting-up processes to rollout insurance products & services, Performance Monitoring of field team & providing feedback for improvement, capability building of Staff & extended Organization
Key Responsibility Area
Interface with Internal / External Organization
• Interface with potential insurance companies to identify possibility of partnerships
• Ensuring timely support to internal and external stakeholders to expedite partnerships
• Co-ordinate with legal and compliance teams to close partnership process in shorter time
Market Research and Feedback
• Collecting feedback from field teams to understand rural insurance product needs and industry trends for business development and customers’ demand
• Feedback sharing with partners to create possible product fit based on market demand
Product Rollout and Business Development
• Planning sales and marketing activities to generate potential business for targeted insurance products
• Monitoring business progress via constant tracking of field activities with respective branch teams
Performance analysis & feedback
• Highlight various deviations in performance through active monitoring of performance indicators vis-Ã -vis sanctioned plan figures, reasons for the gap, provide feedback on performance improvement and follow up on the suggestions given for its improvement
Capability Building
• Assess capability gap of field agents and provide necessary trainings for better product understanding and better query handling
Reports & Documentation
• Ensuring required documentation based on business process and reconciliation needs of ITC and partners
Requirements
• 4-5 years of experience in Insurance and Banking indus