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312 Bajaj Allianz General Insurance Jobs

Regional Sales Manager

6-8 years

Lucknow

1 vacancy

Regional Sales Manager

Bajaj Allianz General Insurance

posted 1d ago

Job Description

Business strategy and planning

  • Understanding the market within the region to identify potential partners and creating new business opportunities by pitching and liaising with them.
  • Monitoring loss ratios and recommending counter measures for profitable growth.
  • Supporting the team by providing inputs and monitoring team productivity on a regular basis to ensure maximum revenue from targeted partners
  • Analyzing trends and identifying loss making areas to devise a plan of action for conscious reduction in business and recommend closure in those areas.
  • Monitoring Direct/ Indirect expenses such as commissions, incentive parameters, administrative expenses, and applying control measures to curb them.

2. Relationship management

  • Managing relationship with existing partners and building tie-ups with new partners to increase opportunities to generate business and expand the intermediary network
  • Tapping into the existing network of intermediaries to generate maximum business within the region
  • Engaging with the key accounts team for support in managing and servicing the tie-up partners effectively
  • Engaging with the cross functional teams such as Underwriting, Operations and Finance to ensure seamless execution of work.

3. Regional review

  • Monitoring the key metrics to evaluate performance of the team and conduct regular reviews against defined metrics
  • Engaging with team to discuss issues/ challenges faced and provide solutions to address/ resolve them
  • Conducting periodic reviews with partners to drive business numbers and address any concerns which may be hampering business.
  • Identify system/ process improvement required to support team in smooth delivery of their responsibilities
  • Continuously interact with the underwriting team especially for review of proposals/ risk assessment of tie-ups

Employment Type: Full Time, Permanent

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What people at Bajaj Allianz General Insurance are saying

4.1
 Rating based on 36 Regional Sales Manager reviews

Likes

Work life balance , Strong HR ,Job security, inter company growth and easy process to change role or vertical internally.

  • Skill development - Excellent
    +5 more
Dislikes

Appraisal not based on performance, it based on boss mood and relationship.

    Read 36 Regional Sales Manager reviews

    Regional Sales Manager salary at Bajaj Allianz General Insurance

    reported by 150 employees with 6-19 years exp.
    ₹5.3 L/yr - ₹17.5 L/yr
    32% less than the average Regional Sales 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

    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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