Business Development Manager
2 days ago
Role Profile: BDM - Health Agency
Purpose of the Job Broad objective of the role: Engage in recruitment/empanelment and activation of new agents/brokers; build and maintain relationships with agencies and brokers to achieve GWP targets
Recruitment- Identify agencies/agents with high business potential to recruit quality agents/Empanelment brokers to drive business
- Provide daily information on club status, update them on new guidelines of the company to generate fresh leads
- Engage in recruitment of some different line of agents to focus on health business
- Onboard Brokers in a timely manner to ensure presence in focus segments / geographies - Gross Written Premium
- Loss Ratio
Health Agency Sales Growth- Define targets for agents on month on month basis to give increase sales numbers
- Monitor agents and brokers business performance to ensure activation
- Providing renewal data on channel on timely basis to maintain renewal retention at desired levels
- Follow up with the channel and broker to timely renew the policies and encourage them increase online renewals
- Assess and consider all kinds of risk to make informed decisions- Gross Written Premium renewals / retention budget
- Audit Score (Internal and External)
Health Agent Management & Training- Interact with agents to nurture relationship for long term business commitment
- Take regular feedback from agents to identify any issues faced and propose solutions
- Conduct product trainings focused on cross selling for agents and brokers, motivate them to achieve targets
- Arrange new product training and product placement details for them to increase product awareness- Agent/Broker retention
- Agency/Broker activation
II. Additional Responsibilities Related to Information Security
- Comply with SBI General insurance Information & Cyber security policy.
- Practice reasonable care to protect their organization provided assets and access credentials.
- Follow established Information & cyber security policy, incident reporting and escalation procedures.
- Protect SBI General data & information while working at and post separation.
III. Education and Experience Guidelines
Education Qualifications
- Graduate in any stream
Core experience
- 1-2 Years of working experience in Insurance sales
Preferable Knowledge/Experience
- GI product knowledge
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