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Relationship Associate-Group Business
12-14 years
Bhubaneswar
1 vacancy
Relationship Associate-Group Business
Max Life Insurance
posted 2hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Manage the Group business with the Bank employees
- Liaison with different departments for closure of the cases
- Champion product and process to drive top line sales through business sales team and maintaining penetration levels of group insurance products with channel partner.
- Coordinate and train key officials (ASSL, DSA, other bank officials) to enhance their understanding of the business to increase seller activisation
- Provide market feedback on competition and other products in the market.
- Manage and strengthen relationship through engagement with Partner s Zonal Leadership team, Ops Credit Team, DSAs, SMs, Field Sales Staff at all levels and across functions. Values add in key initiatives to enhance attachment ration business volume through training and service.
- Tracking penetration performance and publishing dashboards, along with Group Operations.
- To measure monitor the various metrics (Files and sum assured Penetration rates, seller activation, Claim denial rates/ pending rates, rejection ratios , medical TATs etc) , to minimize the same and adhere to TATs and contribute to product improvement.
- Monitoring and control process of Post Sales.
- Managing complete claims operation end to end process.
Purpose of the Job
(overall high level summary of the job)
Managing the Group credit life business, across locations and to achieve business volume (premium) and desired penetration. Regularly engage and provide market update, training drive the ASCs (Loan Centre) to implement the set processes and ensuring seamless functioning of Grp Cr Life product within ASCs. He/she will be closely working with the Retail Asset Teams of the Bank to sell Group credit life Scheme along with the bank s primary product. He/she would plan, monitor, coach, communicate and execute sales strategies and gain mind share of the bank officials (at all levels) and then provide feedback. He/she will also in turn work with the Group Operations to follow up on issuance and clearing of pendency, if any.
Principal Accountabilities How they are achieved/measured
- Manage the Group business with the Bank employees
- Liaison with different departments for closure of the cases
- Champion product and process to drive top line sales through business sales team and maintaining penetration levels of group insurance products with channel partner.
- Coordinate and train key officials (ASSL, DSA, other bank officials) to enhance their understanding of the business to increase seller activisation
- Provide market feedback on competition and other products in the market.
- Manage and strengthen relationship through engagement with Partner s Zonal Leadership team, Ops Credit Team, DSAs, SMs, Field Sales Staff at all levels and across functions. Values add in key initiatives to enhance attachment ration business volume through training and service.
- Tracking penetration performance and publishing dashboards, along with Group Operations.
- To measure monitor the various metrics (Files and sum assured Penetration rates, seller activation, Claim denial rates/ pending rates, rejection ratios , medical TATs etc) , to minimize the same and adhere to TATs and contribute to product improvement.
- Monitoring and control process of Post Sales.
- Managing complete claims operation end to end process.
Employment Type: Full Time, Permanent
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People are getting interviews at Max Life Insurance through
People are getting interviews through
(based on 197 Max Life Insurance interviews)
Job Portal
Referral
Walkin
Recruitment Consultant
Company Website
Campus Placement
30%
25%
9%
5%
3%
2%
26% candidates got the interview through other sources.
High
Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What people at Max Life Insurance are saying
Rating based on 254 Relationship Associate
reviews
Anonymous · Life Insurance
in Raipur, Chhattisgarh
Likes
Job security
Dislikes
Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.
Read 254 reviewsRelationship Associate salary at Max Life Insurance
reported by
657
employees
₹1.5
L/yr - ₹4.4
L/yr
At
par with the average Relationship Associate Salary in India
View more details
What Max Life Insurance employees are saying about work life
based on 5.1k employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Max Life Insurance Benefits
Job Training 
Soft Skill Training 
Health Insurance 
Work From Home 
Team Outings 
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