Associate Manager_ Insurance

1 week ago


Guntur, India ITC limited Full time

Job Description

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



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