Assistant Key Account Manager - Yes Bank Branch Banking

Tata AIA Life Insurance View all jobs

  • Hyderabad, Telangana
  • Permanent
  • Full-time
  • 2 months ago
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.
  • Position Overview
Position TitleAssistant Key Account Manager – Yes Bank Branch BankingDepartmentPartnership DistributionLevel/BandAssistant Managers/304Role Summary:
  • Provide support in Sales of Life Insurance business to IndusInd Bank Pioneer & Exclusive/ VEM customers in assigned locations. The Pioneer & Exclusive channel of the Bank has high value, higher income category customers with evolved financial and investment needs.
  • Organizational Relationships
Reports ToTM/RM/RSMSupervisesNAJob DimensionsGeographic Area CoveredBranches / ClusterStakeholders InternalTrainingBranch OperationsDistribution OperationsStakeholders ExternalChannel Partner
  • Key Result Areas
Organization ProcessKey ContributionsSales
  • · Achieve pre-set business targets on ANP, case count, active branch, active sales staff and various KPIs for designated branches
  • · Working jointing with the Branch Manager on Business Implementation plan
  • · Driving and motivating the branch staff and providing support for logging in applications sourced
  • · Tapping the right database of the branch and ensure authentic documentation
  • · Build relationship with the Sales/ operations/Relationship teams and ensure the business targets and Productivity targets of the allocated branches are met effectively
  • · Prospect and meet customers within and outside the Branch as when required
  • · To develop, agree and implement short term and long term plans to achieve sales targets
  • · To achieve branch RM activation targets Seek commitment from the partner towards achievement of business objective
Relationship Management
  • · 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
  • · Provide all possible support to the channel partner as a face of parent company
  • · Effectively execute all Marketing activities as per Partners requirement
  • Ensuring timely issuance of policies with resolving all pending etc.
  • Adhere to the customer touch-point engagement in order to service his portfolio of customers
  • To maintain the desired persistency ratio
  • Prompt post-sales service with respect to all domains
Ensure Compliance
  • Ensure compliance to internal sales process & other compliance standards
  • Should be process & product champion to ensures adherence to policies and procedures to cultivate a compliance culture in the team
MIS
  • Adhering to the Training Road map.
  • Providing timely reports to the Supervisor as per the requirement.
  • Adhering to the TALIC code of conduct.
  • Skills Required
Technical
  • Ability to interact and conduct sales call with high value, higher income category leads which could include Pioneer and Exclusive customers of the Bank
  • Banking, financial services industry, business perspective & planning exposure
  • Product/Subject matter expertise
  • Organisational skills including self management, problem solving skills, peer level co-ordination and ability to deliver a high volume of quality work
BehavioralEssentialDesiredInterpersonal skillsCommunication skillsCreative thinking skillsSupervising/Leadership skillsTeamwork SkillsInfluencing skillsRelationship Building skillsDecision making skillsLanguage SkillsEnglish, Local language
  • Incumbent Characteristics
EssentialDesiredQualificationGraduatePGExperience4 - 6 years in Sales (Insurance / Financial Service Background)Disclaimer:
Tata AIA Life Insurance does not charge any fees from candidates during the hiring process. Verify job offers through official Tata AIA communication channels to avoid fraud. The job description is the sole property of Tata AIA Life Insurance. The content of this JD is confidential, and unauthorized changes or reproduction are forbidden. To know more about Tata AIA Life, click on the weblink:About 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.

Tata AIA Life Insurance