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Bajaj Allianz General Insurance

Compare

3.9

based on 2.3k Reviews

370 Bajaj Allianz General Insurance Jobs

Business Development Manager Health Insurance

Bajaj Allianz General Insurance Company Ltd.

3.9

based on 2.3k Reviews

1-3 years

Kolkata

1 vacancy

Business Development Manager Health Insurance

Bajaj Allianz General Insurance

posted 16d ago

Job Role Insights

Flexible timing

Key skills for the job

Private Banking Software Configuration Management Salesforce Operations Recruitment Health Insurance

+ 2 more

Job Description

1. Business Development & Execution

Formulate Sales Execution on ground for driving health business in alignment with overall business strategy for the vertical considering the prevailing market conditions to ensure achievement of defined targets/revenue/ profit

Maintains and analyzes sales reports and accordingly directs sales teams to increase health business

Screen market landscape and identify prospective institutes/ big agents who can liaison with us to increase health sales

Develop and implement action plans for increasing the intermediaries wallet share with BAGIC while maintaining profitability of business

2. Intermediary Management

Analyze performance of agents and guide them to maximize their revenue by using upselling/cross-selling strategies.

Manage relationships with the bank branches that have been assigned to the Health Sales team across the zone, to drive health business.

Ensure IMD and customer grievances have been addressed, if any.

Engage with the agents on a monthly basis to ensure they are adequately motivated to keep generating business for BAGIC.

Run campaigns/ trainings/ league programs for intermediaries in the zone to develop their knowledge of products enhance their sales capabilities

3. Operational review

Interact with intermediaries to evaluate their performance/ business generated by them and address any concerns which may be hampering business for BAGIC

4. Team Development

Participate in recruitment process to identify the right talent for various positions within the team.

Establish individual performance expectations and regularly review individual performance of IMDs.

Guides the IMDs with ideas on different approaches while doing agent recruitment to maximizing sales revenue.

Create development opportunities for IMDs to enhance functional knowledge and sales capabilities.

Employment Type: Full Time, Permanent

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What people at Bajaj Allianz General Insurance are saying

3.3

Rating based on 23 Business Development Manager reviews

Anonymous · Sales & Business Development in Bangalore / Bengaluru

Likes

Promotions - Excellent

Dislikes

Cluster manager

Skill development - Poor

+3 more

Read 23 Business Development Manager reviews

Business Development Manager salary at Bajaj Allianz General Insurance

reported by 97 employees with 3-12 years exp.

₹3.5 L/yr - ₹7 L/yr

32% less than the average Business Development Manager Salary in India

View more details

What Bajaj Allianz General Insurance employees are saying about work life

based on 2.3k employees

57%

45%

53%

99%

Flexible timing

Monday to Friday

Within city

Day Shift

View more insights

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