Job Description:Join Tata AIA Life Insurance, a leading and fastest-growing life insurance provider in India, established in 2001 as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. Our company embodies a legacy of trust, integrity, and excellence, combining Tata's esteemed leadership with AIA's extensive pan-Asian expertise. At Tata AIA, our vision is to be the pre-eminent protection provider enabling dreams and inspiring healthier, happier lives.We foster a culture of innovation, inclusivity, and continuous learning, offering dynamic career growth opportunities and a supportive work environment. Recognized as a "Great Place to Work" and recipient of the Kincentric Best Employer Award, we are committed to employee satisfaction and holistic well-being. Our core value, "People - Our Core," emphasizes our dedication to inspiring our employees to be and deliver their very best. Our aim is to attract, hire and develop highly capable leaders who are just, fair, ethical, and accountable for their actions. We strive to provide our employees with the right training, technology, equipment, resources, and guidance to perform their job effectively. Our promise to you is to provide for a diverse, equitable, and inclusive work environment, where each employee is valued as an individual and treated with respect, care, and compassion.Fuel your future with us, find your wings, and S.O.A.R. – Shape opportunities, Optimize your potential, Accomplish meaningful work, and Reap holistic growth.A. Position OverviewPosition TitleKey Account ManagerDepartmentIDFC First Bank of IndiaLevel/ BandExecutiveRole Summary:- Visit partner branches and interact with Bank branch managers- Ensure sales targets assigned are met on every parameter- Interact with customers to explain the products and solutions- Help branches mapped to her/him help achieve insurance sales targetsB. Organizational RelationshipsReports ToCluster ManagerSupervisesNAC. Job DimensionsGeographic Area CoveredBranchesStakeholders InternalSupervisors, Ops, Underwriting, LegalStakeholders ExternalIDFC First Bank – Channel PartnerD. Key Result AreasPartner and Client Management· Exceeding branch level targets (NB, renewal, STP, digitization, product mix etc.)· Interact with the Bank branch teams and customers to explain the products and promote the brand· Sales and support to all branches assigned – complete documentation, medicals, close pending documentation.· Drive local contests and engagements to engage teams· Keep track of all contests and initiatives launched – bank, other insurers and Tata AIA Life· Maintain good relationship with Bank Branch manager - interact with him regularly to assess business status. Take help from them to push & motivate them to maintain productivity· Managing the relationship between internal team and channel partner so as to foster sales for the company and maintain utmost levels of responsiveness to requirements from the Channel Partner· Aid the bank branches to adopt new processes and technologyEnsure sales targets assigned are met on every parameter· Assist Branch team to ensure their insurance targets are met by providing sales support, correct training, product updates, sales information.· Align partner to ensure both teams are working towards the same goalCustomer service· Ensure adequate customer service – grievance redressal, claim settlement, renewal etc.E. Skills RequiredTechnical· Good product knowledge· Working knowledge of MS OfficeBehavioralEssentialDesiredInterpersonal skills·Communication skills·Creative thinking skills·Supervising / Leadership skills·Teamwork Skills·Influencing skills·Relationship Building skills·Decision making skills·F. Incumbent CharacteristicsAbout Company:Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.
