Deputy Manager - Business Planning & Analytics

2 - 4 years

4 - 6 Lacs

Posted:-1 days ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

The

Bancassurance Department

within Axis Max Life Insurance plays a critical role in driving the distribution of life insurance products through our strategic partnership with Yes Bank. This department leverages Yes Bank s existing customer base and infrastructure to offer insurance solutions.
Bancassurance Department serves as a bridge between Axis Max Life Insurance Company and Yes Bank, ensuring that insurance products are effectively marketed and sold to a wide customer base, while maintaining high standards of customer service, compliance, and performance.
 
Below is a summary of the key functions typically performed by the Bancassurance Department
  1. Sales and Distribution Management
  2. Customer Relationship Management
  3. Compliance and Regulatory Oversight

Job Summary

 
Contribute to the development of the strategy and implementation of the Business Plan for the Bank partnership. Define directions and objectives considering both internal and external scenarios to maximize revenue and profitability from the relationship. Sustain a successful relationship with the partner, characterized by a high level of strategic alignment tactical engagement in the life insurance business.

 

Key Responsibilities

  • End to End fulfillment of Partner s requirement
  • Commission Payout and GST/ TDS related communication to partner
  • Reconciliation with partner on commission payouts
  • Vendor Management
  • Expense traction and provision booking with finance

Measures of Success

  • Feedback from stakeholders
  • Work completion within TAT
  • Closure of open cases end to end

Key competencies/skills required

  • Closely working with Stakeholders managing tight deadlines TAT
  • Strong Follow Up skills

Desired qualification and experience

  • Graduate/ Post Graduate in any discipline
  • Good communication skills
  • Age group 24-32 years
  • 2- 4 years of experience in intensive Distribution operations, prior experience in Insurance essential
  • Basic MS excel, PowerPoint and word skills

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