National Sales Head

Key Responsibilities

1. Relationship Management & Business Development

• Build, nurture, and strengthen relationships with key decision-makers in NBFCs and banks in the West region.
• Manage the complexity of Open Architecture within key partnerships such as PNB HFC, Axis Finance, Mahindra Finance, etc. to ensure that Max Life maintains dominant counter share. Drive sales team to counter stiff competition in open-architecture scenario through innovation, change management & strategic initiatives.
• Identify new business opportunities and partnerships within the financial ecosystem relevant to Group Credit Life insurance.
• Develop and implement strategies to grow premium volumes and market share through NBFCs and banks.
• Formulation of credit life business strategy for key partnerships assigned in line with GCL Business & Organization's over-all strategy. Deployment of strategy and attainment of top-line & bottom line goals
• End-to-End Management of business partner relationships – Strategy, Business Plan, Product & Marketing strategy for product, Drive field engagement initiatives and ensuring end-to-end customer service delivery

2. Portfolio Management

• Manage the existing portfolio of NBFC and bank partnerships to maximize business growth and retention.
• Monitor partner performance, ensure adherence to service standards, and resolve any issues impacting partnership satisfaction.
• Drive renewals and expansion of credit life insurance schemes within partner portfolios.

3. Sales Enablement & Coordination

• Collaborate with internal teams such as underwriting, product, operations, and claims to ensure smooth onboarding and servicing of partners.
• Facilitate partner training sessions to improve product understanding and sales capabilities.
• Coordinate cross-functional efforts to support partner requirements and problem resolution.
• Create, lead and present in external governance forums with key partners for periodic business reviews for driving key performance vectors - Attachment Ratio, Value Penetration, Level Cover Share, Rider Attachment, etc. Internally driving Zone Heads & sales team. Effective usage of Analytics for driving key vectors & productivity
• Deepening relationship - increasing Share of Wallet from key partnerships through activation of new channels/business segments

4. Market Intelligence & Strategy

• Stay updated with regulatory changes, market trends, and competitor activities affecting NBFCs and banks in the West region.
• Create, lead and present in external governance forums with key partners for periodic business reviews for driving key performance vectors - Attachment Ratio, Value Penetration, Level Cover Share, Rider Attachment, etc. Internally driving Zone Heads & sales team. Effective usage of Analytics for driving key vectors & productivity
• Co-create with HR, an optimum org structure for GCL-Key Partnerships, identify the right talent for various positions within the function. Enable training needs identification and drive employee training & development agenda. Oversee rewards and recognition policies for GCL business to ensure reinforcement of right behaviors among employees
• Scan external environment to keep abreast with advances in technology, product, process and talent capability and lead their implementation in own team. Proactively identify gaps and implement improvement initiatives & digitalization and deploy best practices to help drive productivity, sales model optimization
• Provide insights and feedback to product and marketing teams for continuous product improvement and market fit.
• Develop region-specific plans aligned with national business objectives.

5. Compliance & Risk Management

• Ensure compliance with internal policies, regulatory guidelines, and risk management protocols in all partnership dealings.
• Maintain accurate documentation and reporting related to partner engagements.

6. Reporting & Analytics

• Provide regular reports on business performance, pipeline, and partner health to senior management.
• Use data analytics to identify growth opportunities and risks within the portfolio. Analyze sales trend to take decisions for product refreshments / new product opportunities
• Analyze sales trend to take decisions for product refreshments / new product opportunities

Key skills required

• Relationship Building & Networking
• Strategic Sales & Business Development
• Negotiation & Influencing
• Market Awareness & Competitor Analysis
• Customer Centricity
• Communication & Presentation Skills
• Team Collaboration
• Result Orientation
• Working with & through others - Coordination skills to manage interactions between various departments
• Superior MS Excel & MS PowerPoint skills
• Networking abilities and contacts in the local market an added benefit

Key Relationships Management (Internal /External)

External:  New group credit life insurance partnerships

Internal:  

• CDO – Max Life
• EVP & Head – Group Business & New Growth Verticals
• SVP & Business Head – Credit Life
• Head & Zonal Heads of BD/Alliances team
• Head – Program Mgt. – GCL Business
• Head – Group Operations, U/w & Claims
• Head-Training/DCC & Head-BPMA
• Head-Channel HR
• Legal & Compliance
• President/EVP & Business Heads of Business Partners (Eg: EVP & Head- LAP Loan – Axis Finance
• Head-Insurance/Head-TPP of business partners
• Underwriting, Product, Operations, Claims, Marketing teams

Desired qualification and experience

• Minimum 15 years of experience in relationship management or business development in insurance, NBFCs, banking, or financial services.
• Strong understanding of Group Credit Life insurance products and lending ecosystem involving NBFCs and banks.
• Proven track record of managing large accounts and driving business growth.
• Ability to work independently and travel frequently within the West region.
• Strong analytical and problem-solving abilities.
• Knowledge of regulatory and compliance requirements related to insurance partnerships.

Key Responsibilities

1. Relationship Management & Business Development

• Build, nurture, and strengthen relationships with key decision-makers in NBFCs and banks in the West region.
• Manage the complexity of Open Architecture within key partnerships such as PNB HFC, Axis Finance, Mahindra Finance, etc. to ensure that Max Life maintains dominant counter share. Drive sales team to counter stiff competition in open-architecture scenario through innovation, change management & strategic initiatives.
• Identify new business opportunities and partnerships within the financial ecosystem relevant to Group Credit Life insurance.
• Develop and implement strategies to grow premium volumes and market share through NBFCs and banks.
• Formulation of credit life business strategy for key partnerships assigned in line with GCL Business & Organization's over-all strategy. Deployment of strategy and attainment of top-line & bottom line goals
• End-to-End Management of business partner relationships – Strategy, Business Plan, Product & Marketing strategy for product, Drive field engagement initiatives and ensuring end-to-end customer service delivery

2. Portfolio Management

• Manage the existing portfolio of NBFC and bank partnerships to maximize business growth and retention.
• Monitor partner performance, ensure adherence to service standards, and resolve any issues impacting partnership satisfaction.
• Drive renewals and expansion of credit life insurance schemes within partner portfolios.

3. Sales Enablement & Coordination

• Collaborate with internal teams such as underwriting, product, operations, and claims to ensure smooth onboarding and servicing of partners.
• Facilitate partner training sessions to improve product understanding and sales capabilities.
• Coordinate cross-functional efforts to support partner requirements and problem resolution.
• Create, lead and present in external governance forums with key partners for periodic business reviews for driving key performance vectors - Attachment Ratio, Value Penetration, Level Cover Share, Rider Attachment, etc. Internally driving Zone Heads & sales team. Effective usage of Analytics for driving key vectors & productivity
• Deepening relationship - increasing Share of Wallet from key partnerships through activation of new channels/business segments

4. Market Intelligence & Strategy

• Stay updated with regulatory changes, market trends, and competitor activities affecting NBFCs and banks in the West region.
• Create, lead and present in external governance forums with key partners for periodic business reviews for driving key performance vectors - Attachment Ratio, Value Penetration, Level Cover Share, Rider Attachment, etc. Internally driving Zone Heads & sales team. Effective usage of Analytics for driving key vectors & productivity
• Co-create with HR, an optimum org structure for GCL-Key Partnerships, identify the right talent for various positions within the function. Enable training needs identification and drive employee training & development agenda. Oversee rewards and recognition policies for GCL business to ensure reinforcement of right behaviors among employees
• Scan external environment to keep abreast with advances in technology, product, process and talent capability and lead their implementation in own team. Proactively identify gaps and implement improvement initiatives & digitalization and deploy best practices to help drive productivity, sales model optimization
• Provide insights and feedback to product and marketing teams for continuous product improvement and market fit.
• Develop region-specific plans aligned with national business objectives.

5. Compliance & Risk Management

• Ensure compliance with internal policies, regulatory guidelines, and risk management protocols in all partnership dealings.
• Maintain accurate documentation and reporting related to partner engagements.

6. Reporting & Analytics

• Provide regular reports on business performance, pipeline, and partner health to senior management.
• Use data analytics to identify growth opportunities and risks within the portfolio. Analyze sales trend to take decisions for product refreshments / new product opportunities
• Analyze sales trend to take decisions for product refreshments / new product opportunities

Key skills required

• Relationship Building & Networking
• Strategic Sales & Business Development
• Negotiation & Influencing
• Market Awareness & Competitor Analysis
• Customer Centricity
• Communication & Presentation Skills
• Team Collaboration
• Result Orientation
• Working with & through others - Coordination skills to manage interactions between various departments
• Superior MS Excel & MS PowerPoint skills
• Networking abilities and contacts in the local market an added benefit

Key Relationships Management (Internal /External)

External:  New group credit life insurance partnerships

Internal:  

• CDO – Max Life
• EVP & Head – Group Business & New Growth Verticals
• SVP & Business Head – Credit Life
• Head & Zonal Heads of BD/Alliances team
• Head – Program Mgt. – GCL Business
• Head – Group Operations, U/w & Claims
• Head-Training/DCC & Head-BPMA
• Head-Channel HR
• Legal & Compliance
• President/EVP & Business Heads of Business Partners (Eg: EVP & Head- LAP Loan – Axis Finance
• Head-Insurance/Head-TPP of business partners
• Underwriting, Product, Operations, Claims, Marketing teams

Desired qualification and experience

• Minimum 15 years of experience in relationship management or business development in insurance, NBFCs, banking, or financial services.
• Strong understanding of Group Credit Life insurance products and lending ecosystem involving NBFCs and banks.
• Proven track record of managing large accounts and driving business growth.
• Ability to work independently and travel frequently within the West region.
• Strong analytical and problem-solving abilities.
• Knowledge of regulatory and compliance requirements related to insurance partnerships.

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