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312 Bajaj Allianz General Insurance Jobs

Area Renewal Manager

4-8 years

Bangalore / Bengaluru

1 vacancy

Area Renewal Manager

Bajaj Allianz General Insurance

posted 1d ago

Job Role Insights

Flexible timing

Job Description

1. Market Intelligence Business Growth:

Collect market intelligence pertaining to renewals by direct interaction with the business intermediaries

Identify reasons for loss of business and collect useful inputs/suggestions for improvement coming from the market

Regularly engage and visit intermediaries to maintain healthy working relationships

Gather inputs from intermediaries on challenges related to BAGIC s systems and processes and accordingly suggest improvements that can be carried out internally

Survey the market to study best practices and latest launches by competitors; corroborate findings with relevant facts and figures

Push the renewals sales by having the team share daily MIS status reports to the sale channels highlighting areas to be focused upon, poor performers and other inputs.

Engage all external stakeholders - IMDs, retail advisors, dealers, banks - and their customers, to drive renewal conversions by conducting seminars, health camps, contests and recognition programs.

Monitor business performance and suggest areas of improvement by conducting regular visits to IMDs (15-20 monthly); share updates on new products, product changes, provide training support

Provide a detailed lost case analysis input to the various IMDs on a monthly basis calling out reasons for losing customers, competitor updates, service experience etc. to help improve their business performance.

Ideate and plan for new focus areas, IMDs, markets to improve the renewals ratios in the circle

2. Relationship Management

Monitor the team s engagement activities with the IMD s and provide inputs to the team to plan activities with a focus on increasing the retention ratio.

Conduct monthly meetings with the leads of all sales channels to strategize and push the renewals business in the circle and iron out any process/system related challenges.

Collaborate with key internal stakeholders (sales teams and various channel partners) at BAGIC to ensure they pass renewal leads to the team, thus driving growth in renewals for the circle.


Employment Type: Full Time, Permanent

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What people at Bajaj Allianz General Insurance are saying

3.3
 Rating based on 2 Area Renewal Manager reviews

Likes

Overall better company

  • Salary - Excellent
    +6 more
Dislikes

Suddenly deptt merged in another deptt

    Read 2 Area Renewal Manager reviews

    Area Renewal Manager salary at Bajaj Allianz General Insurance

    reported by 9 employees with 3-15 years exp.
    ₹3.5 L/yr - ₹5.9 L/yr
    7% less than the average Area Renewal 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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