AM/DM Agency Non-Motor - Renewals and New Business

10 - 15 years

5 - 9 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

About the Role
We at Digit Insurance are looking fora detail-oriented and analytical individual to manage renewals and new/rolloverbusiness opportunities . This role is critical in understanding lost cases,improving retention, increasing quote conversion for new/rollovers and ensuringsmooth coordination across sales, UW & claims.
Key Responsibilities
Renewals
  • Deep dive into reasons for lost renewals and analyse if they could have been retained with the right approach.
  • Understand Digit Underwriting (UW) guidelines and assess gaps in decision-making.
  • Capture detailed lost reasons including:
    • Competitor name.
    • Commission offered.
    • Pricing differences.
    • Alternative strategies that could have saved the deal.
  • Share insights with leadership to improve renewal retention strategies.
New Business
  • Own and maintain the RFQ (Request for Quote) tracker for new business opportunities.
  • Take reviews on RFQ progress and ensure timely follow-ups.
  • Forward requests to the right stakeholders (Underwriting, Claims, Sales) for quick resolution.
  • Track quote conversion and identify reasons for lost new business opportunities.
Reporting & Insights
  • Prepare periodic reports on lost business trends (renewals and new business separately).
  • Recommend actionable steps to improve retention and conversion.
Required Skills
  • Strong analytical and problem-solving skills.
  • Good understanding of insurance underwriting guidelines and business processes.
  • In-depth understanding of Commercial Lines / Non-Motor products , including:
    • Fire, Engineering, Marine, Workmens Compensation (WC), Liability Insurance products and processes.
  • Proficiency in MS Excel (Power Pivot knowledge is a plus).
  • Ability to manage trackers and ensure data accuracy.
  • Excellent communication and stakeholder management skills.
Education
  • Graduate/Post-Graduate in Business Administration or related fields.
What Were Looking For
  • Someone curious, detail-oriented, and passionate about improving retention and driving new business.
  • Ability to think critically and suggest alternative approaches for better outcomes.

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Digit Insurance logo
Digit Insurance

Insurance

Bengaluru Karnataka

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