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    Relationship Manager - new delhi, India - Tata AIA Life Insurance

    tata aia life insurance background
    Description

    Job Description

    A PositionOverview

    Position Title

    Relationship Manager - IDFC First Bank

    Department

    Partnership Distribution

    Level/ Band

    301

    Role Summary:

    The Jobholder will need to engage with internal sales team along with the ChannelPartner to exhibit leadership to drive Insurance Sales through a combination ofcoaching, training, field sales support and business development activities

    B OrganizationalRelationships

    Reports To

    Cluster Manager

    Supervises

    Bank Urban banking team

    C Job Dimensions

    Geographic Area Covered

    Urban Branch Location

    Internal Stakeholders

    Training

    Channel Marketing

    Branch Operations

    Product Management

    Distribution Operations

    External

    Channel Partner

    D Key Result Areas

    Organization Process

    Key Contributions

    Strategic Business Development

    ·Delivery of a profitable & sustainable business model

    ·The role holder should have the ability to achieve goals, efficiently execute target plans aligned with choice priorities

    ·To plan target achievement, execute key priorities, allocates resources efficiently,

    Implements and monitors plans constantly to track progress to accomplish desired goals.

    ·To be able to multitask and balance competing priorities effectively, understands the value of time and is able to get more done in less time than others, is able to do significant value addition in driving organization goals

    Sales & Compliance Management

    ·To achieve channel targets : Achieve Premium targets as per rolled out channel plan

    ·To achieve IDFC branch LG/ SP Activation Targets: To track LG productivity on a weekly basis & track Input parameter like leads

    ·To create healthy pool of lead generation across branch staff

    ·Ability to set high standards for self. Continuously improve own performance and meet or exceed objectives. Make joint field calls and motivate them to achieve targets.

    ·To be a Domain Expert: knowledgeable of product, industry norms, financial markets, regulatory norms, channels, emerging trends, new developments

    ·Should be able to apply the knowledge to enhance business prospects, understand problems and provides proactive solutions basis his specialized knowledge.

    ·Ensures adherence to policies and procedures to cultivate a compliance culture in the team.

    ·Maintain and observe Company's internal control standards, implement, and observe the Company's Compliance Policy.

    Relationship Management

    ·Building & Leveraging Relationships: Being able to connect with people naturally, show genuine concern for others,

    ·Focuses on meeting customer needs both internal and external, able to persuade & influence outcomes without direct controls.

    ·Develops networks and builds alliances with wide range of stakeholders to facilitate "win-win" situations.

    ·Leveraging existing relationships well and is mature in creating strong personal rapport and build long lasting relationship.

    Team Management

    ·Lead by example in all spheres and direction setting.

    ·Review and track the growth of their individual targets.

    ·Maintain utmost levels of responsiveness to requirements from the Partners.

    ·To operate cost effective yet motivating reward and remuneration structures for sales personnel

    ·Build team spirit and commonality of goal for enhancing sales.

    ·Liaise with colleagues across the country to impact best practices.

    Risk Management

    'Own-up' the risk of the function by developing a risk aware culture throughparticipationinmeasurement,analysisandmitigationofrisksassociatedwiththerespectivefunction.Thisincludesdevelopmentofriskresponseprocesses,participation in contingency and business continuity programs and reporting ofemerging risks with potential impacts.Also respond to risks highlighted byemployees through formal / informal mechanisms and advice on various riskmanagement issues within the organization and provide feedback.Participate inimplementingriskmitigationplanthroughoptimumresourceallocation,monitoringandreportingonstatus.

    E SkillsRequired

    Technical

  • Product/Subject matter expertise
  • Business perspective & planning
  • Relationship building to closure
  • Finance / Insurance industry awareness

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