Business Development Manager II Agency Channel II Bangalore
Business Development / Sales
147+ Applicants
Posted: 9 months ago
1-5 years
Karnataka
Work from Office
Posted: 9 months ago
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Applicants: 147+
Job Description
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Job Description
- RenewBuy is the 2nd largest Insure-Tech player in India, offering Motor, Health, and Life Insurance. The company has a dynamic team of 2500+ employees operating in 50+ cities and recently raised USD 40 million from Dai-ichi Life Holdings Inc. RenewBuy aims to enhance its presence in 1000+ locations and increase the agent base to 2 lac on its platform.
Key Responsibilities:
- **Agency Channel / POS Development**
- Help employees for sourcing/servicing POS Agents as per the agreed mix and policy.
- Coordinate with the Operations team for pre-licensing, training, and licensing.
- Conduct induction training and coordinate with the sales training team for product and ongoing training for the respective POS.
- Develop and execute strategies to reach out to various market segments.
- **Agency Channel / POS Management**
- Monitor Agent performance on common variables like Renewal/Fresh database, funnel, and closures.
- Maintain a high active percentage of POS.
- Control Attrition of POS Agents.
- Ensure high productivity of the team and POS and manage the right level of channel engagement with the POS.
- **Channel Servicing**
- Reconciliation of partner accounts and coordination with all departments for the same.
- **Profitability**
- Work on various market dynamics and provide feedback for improvement in the internal organization.
- Management of loss ratios.
- **Compliance & Hygiene**
- Ensure compliance with external bodies and other authorities.
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- Ensure internal compliance.
- Manage cheque bounce recovery and business pendency.
Qualification Required:
- Graduate
- Minimum of 1+ years of experience in Insurance Agency Sales
RenewBuy offers the lowest premiums for Motor, Health & Life Insurance, 1-Click Renewal, buying policy in 3 steps, expertise and advice to help customers choose the right company and insurance type, and claim assistance.
By joining RenewBuy, you become a part of a company with solid growth prospects and build your career around the strength of technology. Your contributions will be valued, and you can grow your career in the insurance domain while increasing your industry impact. If you have the passion and dream to do something different, RenewBuy welcomes you to join their team.
If interested, please send your updated resume to the provided email address.
Website: renewbuy.com,
Skills
SalesBusiness DevelopmentInsurance Agency SalesSales TrainingAgency Channel ManagementTeam ManagementMarket SegmentationCompliance ManagementIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
Important dates & deadlines?
Application Deadline
31 Oct 25, 12:34 PM IST
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