Assistant Vice President - CBG

HDFC ERGO General Insurance; Agra District; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

HDFC ERGO General Insurance invites applications for Assistant Vice President – Corporate Business Group, located in North India. The role requires 10–12 years of experience, MBA/PGDBM (Marketing) and deep knowledge of the insurance business with strong broker management and channel development skills.

The position focuses on driving GWP, profitability, and slip generation in mid-market segments, coordinating with the Joint Vice President and Corporate Business Group team.

Qualifications

• 10-12 years of experience preferred in sales and distribution within the insurance sector.
• Candidates should understand the mid-market corporate channel and have a track record of driving GWP and profitability.

Responsibilities

• Achieve targeted slip generation/conversion.
• Achieve targeted gross written premium (GWP).
• Achieve profitability targets for the unit.
• Concentrate on treaty going business and maintain a healthy combined ratio.
• Manage broker relationships and drive GWP from existing and new channels.
• Lead and develop the channel sales team; foster strong channel partner relations.

Skills

Insurance domain knowledge

Selling cycle knowledge

Regulatory & legal awareness

Negotiation skills

Broker relationship management

Relationship building with brokers

Education

MBA/PGDBM (Marketing)

Job description

Required Experience 10 - 12 years

Basic Section

New Job Title Assistant Vice President - CBG

No. Of Openings 1

Grade M2

Campus/Non Campus Non Campus

Employment Type Permanent

Organisational

Company HDFC ERGO General Insurance

Legal Entity HDFC ERGO General Insurance

SBU/ Channel Corporate

Business Function Sales

Cost Center A1 - SME

Cost Center Code 1823

Department Corporate Business Group

Function SME & Mid Market

Business Zone NA

Job Role Area Sales Manager

Country India

Region North

Branch Code 1312

Type of Office Corporate

Skill

Any Graduation MBA

Job Description

JOB PROFILE

Department

Retail Business Group

Function

Mid Market

Position

Band

M2

Location

Reporting To

Joint Vice President

Our Vision

To be the most admired insurance company that enables the continued progress of customers by being responsive to their needs.

HDFC ERGO as an Employer

• We believe in Sensitivity
• We uphold Ethics

About HDFC ERGO General Insurance Co. Ltd.

HDFC ERGO General Insurance Company Limited was promoted by erstwhile Housing Development Finance Corporation Ltd. (HDFC), India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of Munich Re Group. Consequent to the implementation of the Scheme of Amalgamation of HDFC with and into HDFC Bank Limited, one of India’s leading private sector bank (Bank), the Company has become a subsidiary of the Bank. The Company offers complete range of general insurance products ranging from motor, health, travel, home and personal accident in the retail space and products like property, marine and liability insurance in the corporate space. With a network of branches spread across wide distribution network and a 24x7 support team, the Company has been offering seamless customer service and innovative products to its customers.

• Achieve Targeted Slip Generation / Conversion
• Achieves Targeted GWP
• Achieve Profitability
• To concentrate on treaty going business
• Ensure a healthy combined ratio
• Broker Relationship Management
• GWP from existing and New channel recruitment
• Team Management
• Developing good relations with channel partners

Key Requirements – Education & Certification

• 10-12 years of experience
• MBA/PGDBM (Marketing)

Key Requirements – Experience & Skills

• Understands Insurance Business
• Should have Domain Knowledge
• Selling cycle knowledge
• Awareness of Regulatory & Legal Environment applicable to Business
• Negotiation Skills
• Developing good relations with brokers

Remarks

The details of this position are confidential.

The decision to change/modify the specifications is at management’s discretion.