Associate Manager_ Insurance & Credit Services

Department Icon Insurance- General Insurance
Posted: 1 year ago
4-6 years
Guntur, Andhra Pradesh
Insurance- General Insurance
Work from Office
Full Time

Posted: 1 year ago
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Job Description

About Us

Purpose of Job

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--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 industry.
  • Good knowledge of banking & insurance industry and rural demand.
  • Highly self motivated and demonstrated ability to work with minimal supervision.
  • Demonstrated ability to work well with people from a variety of backgrounds.
  • Excellent written and verbal communication skills.
  • Proficient in MS Office (MS Excel and Powerpoint)
  • Preferably from premier Agri Institutes like IRMA, MANAGE, SIIB, XIMB, NIAM etc.
  • Have worked purely in insurance industry

Skills

InsuranceInsurance Product

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About Company

ITC Limited is a diversified conglomerate in India, with a presence across multiple sectors including FMCG (Fast Moving Consumer Goods), hotels, paperboards & packaging, agri-business, and information technology. With a commitment to delivering quality products and sustainable business practices, ITC has earned a reputation for excellence and innovation. Through ITC Careers, individuals have the opportunity to join a dynamic and diverse workforce, contributing to the company's growth and impact across various industries. Whether in manufacturing, marketing, research & development, or corporate functions, ITC offers rewarding career paths for professionals to make a difference and drive positive change in communities. Join ITC Careers to be part of a company that is committed to creating enduring value for stakeholders and society.

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