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Associate Manager_ Insurance & Credit Services

ITC Limited · itcportal.com
GunturEntry level
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The job in short

Insurance and credit services manager.

BankingInsuranceComplianceLegal

Details

Found
31 d ago · posted 2023-06-02
Location
Guntur, Andhra Pradesh

Full 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-à-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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