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250 Bajaj Allianz General Insurance Jobs

Vertical Lead-CBG-Engineering & Surety

7-15 years

Mumbai

1 vacancy

Vertical Lead-CBG-Engineering & Surety

Bajaj Allianz General Insurance

posted 18d ago

Job Description

  1. Management of corporate group - Engineering & Surety business
  • Develop action plan for team to drive sales through market mapping and acquisition of corporate clients, ensuring achievement of defined topline/ bottom-line targets for team
  • Identify business opportunities/ corporate clients to target e.g. large accounts, for driving sales and generating revenue for the business
  • Support team in creating appropriate deals for existing/ new clients and managing the relationship effectively to ensure client acquisition, engagement and retention
  • Discuss upsell / cross-sell opportunities with clients to drive growth of business conducted and revenue generated
  • Maintain quality of product portfolios to ensure portfolios offered meet clients requirements as well as generate product/ LOB wise revenue to achieve defined targets
  • Analyze the P&L on monthly basis for loss minimization and for balancing the portfolio
  1. Capability development
  • Identify clients requirements/ evolving market environment and identify gaps in various business processes/ operations to drive improvements required to drive revenue target
  • Review various policies to check alignment with client s requirements and recommend revisions in existing products/ development of new products accordingly
  • Maintain in depth understanding of market, developments across various sectors and companys various products to have informed discussions with clients while pitching to them for business/ discussing other business matters
  1. Relationship management:
  • Drive renewals through maintaining servicing standards and provide competitive pricing
  • Preparing Gap analysis for all the clients by analyzing policy copies of the competitors
  • Identify right set of clients for driving business through direct channel in west zone and build/ manage relationship with key stakeholders from their end to discuss the requirements and offer product portfolio accordingly
  • interact with all existing corporate clients in order to explore cross sell opportunities thereby ensuring generation of maximum revenue
  • Engage with clients to enhance visibility and increase engagement with the ultimate aim of converting into business
  1. Team management :
  • Participate in selection procedure to identify and hire right talent and also formulate a second in line for the team
  • Set objectives, conduct reviews and close appraisal process for team as per timelines
  • Drive monthly reviews with team members and weekly reviews with direct reports to keep a check on overall team s performance
  • Monitoring new Client acquisition on a weekly basis
  • Mentoring and guiding the Team

Employment Type: Full Time, Permanent

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22%
17%
9%
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2%
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What people at Bajaj Allianz General Insurance are saying

Vertical Lead salary at Bajaj Allianz General Insurance

reported by 4 employees with 6-16 years exp.
₹7 L/yr - ₹24 L/yr
15% less than the average Vertical Lead Salary in India
View more details

What Bajaj Allianz General Insurance employees are saying about work life

based on 2.3k employees
57%
46%
53%
99%
Flexible timing
Monday to Friday
Within city
Day Shift
View more insights

Bajaj Allianz General Insurance Benefits

Health Insurance
Job Training
Soft Skill Training
Work From Home
Team Outings
Cafeteria +6 more
View more benefits

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