Customer Retention Officer

Axis Max Life Insurance; Gujarat; On-site; INR 300,000 - 420,000; Full time

Job summary

Axis Max Life Insurance is seeking a Customer Retention Officer/AM to drive renewals, maintain persistency, and engage customers in Ahmedabad.

Key duties include renewal collection, updating trackers, resolving queries, and applying retention tools such as policy changes, partial withdrawals, or revival schemes to preserve the portfolio.

Qualifications

• Graduation in any stream; insurance or renewal retention experience preferred.
• Prior experience in renewal retention team is an added advantage.
• Open to learning and very high process orientation.

Responsibilities

• Renewal collection and persistency targets through customer calling or visits with prior appointment.
• Maintain and share daily customer trackers and review with Manager-Collections.
• Convince customers for renewal premium and policy continuation using retention tools (mode change/Partial withdrawal/PUA surrender/Loan).
• Timely deposit of cheques at the nearest branch within 24 hours of collection.
• Handle customer escalations with 100% resolution of queries and concerns; explain revival schemes, term changes, and options to retain customers.
• Follow up on Health Declaration Form, tele underwriting, ECS Mandate, and update contact details via branch operations.

Skills

Customer service

Communication

Pressure handling

Vehicle ownership

Education

Graduation

Job description

Job Description

PositionCustomer Retention Officer/ AM Customer Retention Officer

No. of Positions1

Department

Customer Retention Team

FunctionOperations

Reporting to

Manager –CollectionsBand5

Location

Ahmedabad-DST

Last date of submission

Key Responsibilities

Collections

Sole responsibility of targets basis allocated base on:

I. Renewal collection and persistency targets through customer calling or physical visits to customer residences with prior appointment

II. Ensure maintenance and sharing of daily customers’ trackers and conversion thereof, including review with Manager-Collections

III. Convince customers and get renewal premium and policy continuation to continue insurance and giving retention tools like mode change/Partial withdrawal/PUA surrender/Loan etc.

IV. Timely depositing the cheque at the nearest MLI branch/ bank branch within 24 hours of the cheque collection

V. Effectively handling customer escalations, 100% resolution of customer queries & concerns including tracking of service requests raised, providing clarity to required customers on special revival scheme, change in term, short premium bucket to resolve financial constraint and retain customers

VI. Ensuring follow up on critical document like Health Declaration Form / tele underwriting/home visits medical/ ECS Mandate/ complaint letters on silent grief and obtaining new contact details getting update through branch operations

Measure of Success :

100% completion of assigned activities by 7th of every month

Completing daily face to face meetings as per goal sheet

Driving Top 30 high value cases with 100% meeting

Providing 100% resolution to customer's query

!00% Tracking and timely closure of service request if logged for any of the allocated customers

Maximizing positive portfolio (Promise to Pay) by providing right advice to customers to continue insurance and giving retention tools like mode change/Partial withdrawal/PUA surrender/Loan

Driving Special revival scheme and change in term to resolve financial constraint

By ensuring 100% meetings on silent grief cases

Collecting written grievance from the customer and getting it logged in system

Percentage of customer retention from allocated base surrendering the polices by explaining insurance benefits, ulip retention tools, switching, long term growth, comparison with other financial products

Conversion of non ECS base to E-NACH/ECS by explaining benefits of continuing policy on E-Nach/ ECS for huddle free payment

Ensuring collection and registration along with necessary documents of auto pay mandates from customers on non auto pay

Desired qualification and experience

Graduation in any stream with prior experience in insurance, customer services profile. Prior experience in renewal retention team is an added advantage

Knowledge and skills required

Ability to handle pressure and work in a competitive environment. Open to learning, Very High Process orientation , Effective communication skills. Should have a personal vehicle and smart phone