Manager

HDFC ERGO General Insurance; Gurugram District; On-site; INR 600,000 - 900,000; Full time

Job summary

HDFC ERGO General Insurance, Gurugram, invites applications for the role of Business Development Manager in the Retail Business Group. You will be responsible for achieving business targets and driving growth through strategic channel management.

You will plan product and channel mix with partners, monitor performance, and implement training programs to enhance partner engagement and retention. This position demands strong engagement with partners, governance, and a focus on profitability while

Responsibilities

• Achieve business targets - Target Planning (Product Mix, Channel Mix for the respective partners)
• Maintaining GWP Spread across Location
• Monitor, Review & Intervene to achieve Team Productivity and Growth in Channels & Business
• Monitor, review & Intervene to implement strategic levers for profitability, Loss Ratio and manage expense/BDE
• High engagement with partners through Governance structure, sales activities and identify new revenue stream opportunities
• Manage Retention and focus on Increase in Retention %age with specific activities at Partner level
• Create & Implement training programs for Partners
• Provide periodic feedback in structured format - pricing, market intelligence, product to underwriters and product team
• Identify and reduce TAT of Discrepancy in policy transactions and cheque bounce % and ensure 64VB compliance across
• Adhere to Mandated Training Hours / Processes
• Communicate Goals & Achievement Criteria to the team (Goal Setting)
• Communicate Targets to Channels / Agents
• Periodic Reviews with Sales Managers, feedback, sharing of company s objectives & align them accordingly
• To participate in ensuring administrative governance, conduct, discipline and implementation of people practices within the team

Job description

No. Of Openings 1

Grade M

Campus/Non Campus Non Campus

Employment Type Permanent

Required Experience 2 - 5 years

Organisational

Company HDFC ERGO General Insurance

Legal Entity HDFC ERGO General Insurance

SBU/ Channel DBG

Business Function Sales

Cost Center DBG - Aggregator

Cost Center Code 1895

Department Retail Business Group

Function Direct

Business Zone NA

Job Role Business Development Manager

Country India

Region North

City Gurugram

Physical Branch Gurugram

Branch Gurugram

Branch Code 1305

Type of Office Branch

Job Description

Achieve business targets - Target Planning (Product Mix, Channel Mix for the respective partners)

Maintaining GWP Spread across Location

Monitor, Review & Intervene to achieve Team Productivity and Growth in Channels & Business

Monitor, review & Intervene to implement strategic levers for profitability, Loss Ratio and manage expense/BDE

High engagement with partners through Governance structure, sales activities and identify new revenue stream opportunities

Manage Retention and focus on Increase in Retention %age with specific activities at Partner level

Create & Implement training programs for Partners

Provide periodic feedback in structured format - pricing, market intelligence, product to underwriters and product team

Identify and reduce TAT of Discrepancy in policy transactions and cheque bounce % and ensure 64VB compliance across

Adhere to Mandated Training Hours / Processes

Communicate Goals & Achievement Criteria to the team (Goal Setting)

Communicate Targets to Channels / Agents

Periodic Reviews with Sales Managers, feedback, sharing of company s objectives & align them accordingly

To participate in ensuring administrative governance, conduct, discipline and implementation of people practices within the team