
Business Development Manager
2 weeks ago
Key Responsibilities:
1. Sales Data Management:
- Maintain and update daily, weekly, and monthly sales reports for the Bancassurance channel.
- Collect, validate, and organize sales data from HDFC Bank branches, ensuring accuracy and completeness.
2. Reporting and Analysis:
- Prepare regular and ad-hoc reports on sales performance, KPIs, and business performance for management review.
- Analyze sales trends, conversion rates, and other performance metrics to identify areas for improvement.
- Provide detailed reports to sales leadership for decision-making and strategy formulation.
3. MIS Support for Sales Teams:
- Generate performance dashboards and MIS reports for sales teams, highlighting key metrics such as target achievement, growth, and performance gaps.
- Provide timely data insights to support the sales teams goals and targets.
4. Performance Tracking:
- Monitor and track performance against targets for all regions and sales teams within the Bancassurance channel.
- Provide analysis on key sales behaviors and suggest areas of improvement.
- Assist in sales forecasting and ensuring that sales targets are aligned with business objectives.
5. Process Improvement:
- Work with the central teams to implement and streamline sales processes, focusing on improving efficiency in reporting, sales tracking, and performance management.
- Identify opportunities for automation and data simplification to reduce reporting time and increase accuracy.
6. Collaboration with Cross-functional Teams:
- Collaborate with regional sales teams, product teams, and other departments to gather insights and integrate sales data into business operations.
- Coordinate with HDFC Bank relationship managers (RMs) and other sales stakeholders to ensure data integrity and consistency.
7. Compliance and Accuracy:
- Ensure all data and reports are compliant with regulatory and internal reporting standards.
- Maintain a high level of data accuracy and integrity to support decision-making and strategic planning.
8. Support in Sales Training and Incentives:
- Assist in tracking performance-based incentives and bonuses for the Bancassurance channel, ensuring alignment with achieved targets.
- Support in training initiatives by providing data-driven insights on sales performance.
Required Skills and Qualifications:
Any Graduate
Industry Type: Insurance
Employment Type: Full Time, Permanent
Role Category: Life Insurance
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