Business Partnership Manager- Insurance

Medium; Bengaluru; On-site; INR 9,00,000 - 16,00,000; Full time

Job summary

A leading financial services company in Bangalore seeks an Insurer Business Partnership Manager. The role involves managing strategic partnerships with insurers, negotiating commission structures, and analyzing performance metrics. Candidates should have a Bachelor/MBA and 2-3 years of relevant experience in insurance partnership management. Strong negotiation and analytical skills are essential for success in this role.

Qualifications

• 2-3 years of experience in insurance partnership management, business development, or product management roles.
• Strong analytical skills to assess insurer performance metrics and growth opportunities.
• In-depth knowledge of the IRDAI regulatory environment.

Responsibilities

• Manage strategic partnerships with insurers to maximize business volumes.
• Lead negotiations on commission structures and exclusive partnership deals.
• Generate reports on partnership outcomes and present to senior management.

Skills

Negotiation skills

Analytical skills

Stakeholder management

Knowledge of Indian insurance market

Education

Bachelor/MBA from a reputable institution

Job description

About Paytm: Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology.

About the team: This team involves in making a difference. A lot of contingency and new challenges are encouraged within the team to do stuff that is meaningful for those we serve. We are successful, and our successes are rooted in our people's collective energy and unwavering focus on the employees,

Job Description: Insurer Business Partnership Manager

Responsibilities

• Manage strategic partnerships with insurers to maximize business volumes, profitability, and customer satisfaction.
• Lead negotiations on commission structures, pricing, product offerings, and exclusive partnership deals.
• Analyze insurer performance metrics, identify growth opportunities, and implement improvement plans.
• Facilitate product development and integration discussions between Paytm and insurers, ensuring alignment with market demands.
• Collaborate closely with internal teams (product, technology, sales, and marketing) to ensure successful execution of insurer strategies.
• Regularly review partnership agreements and compliance requirements, ensuring adherence to IRDAI regulations and internal governance.
• Generate and present reports on partnership outcomes, challenges, and recommendations to senior management.

Qualifications

• Bachelor/MBA or equivalent qualification from a reputable institution.
• 2-3 years of experience in insurance partnership management, business development, or product management roles.
• Strong negotiation, analytical, and stakeholder management skills.
• In-depth knowledge of the Indian insurance market and IRDAI regulatory environment.

Location: Bangalore