National Sales Head

Job Description

Key Responsibilities 1. Relationship Management & Business Development

• Build, nurture, and strengthen relationships with key decision-makers in NBFCs and banks.
• Collaborate with Alliances Team, Project Management Team for activating new partnerships; deliver on business plan through new partnerships.
• Manage the complexity of Open Architecture within key partnerships listed above to ensure that Axis Max Life maintains dominant counter share. Drive sales team to counter stiff competition in open-architecture scenario through innovation, change management, digitalization & strategic initiatives.
• Deepening within Existing Partnerships / Increasing Share of Wallet by constantly identifying new business opportunities relevant to Group Credit Life insurance.
• Lead tough negotiations with GCL business partners on pricing, terms, commercials, product-mix, etc. to deliver VNB plan and YoY growth. Develop and implement strategies to grow premium & VNB and market share through NBFCs and banks.
• Formulation of credit life business strategy for key partnerships assigned in line with GCL Business & Organizations over-all strategy. Deployment of strategy and attainment of Sales, NBM & VNB 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

• Retain & Nurture Partnership amidst stiff competition. 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 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 senior leadership external governance forums with key partners for periodic Governing Council Meetings / Business Review Meetings for driving key performance vectors such as Premium, Attachment Ratio, Value Penetration, Level Cover Share, Rider Attachment, Product-mix, etc. Internally driving Zone Heads & sales team. Effective usage of Analytics for driving key vectors & productivity.

4. Market Intelligence & Strategy

• Stay updated with regulatory changes, market trends, and competitor activities affecting NBFCs and banks.
• 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.

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 CXOs/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.

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

Locations

Mumbai, MH, IN

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