Senior AVP- Key Account Manager (Insurance Broking)

NovaBenefits Private Limited; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

NovaBenefits Private Limited in Bengaluru is seeking a Senior AVP- Key Account Manager to manage key accounts and maximize sales opportunities. The ideal candidate should have 2-3 years of experience in the insurance broking sector, particularly in the health and benefits space, and a proven record in managing client portfolios effectively.

You will be responsible for managing existing customers, driving engagement, and implementing new initiatives for revenue growth. NovaBenefits is committed to diversity and encourages applications from marginalized communities.

Qualifications

• 2-3 years of experience in the insurance broking sector (mandatory), preferably in the H&B space.
• Should have managed decent annual revenue.
• Proven record in managing a portfolio of key clients and creating value for the clients.

Responsibilities

• Manage and retain Nova's existing customers.
• Create value for the client by setting priorities and aligning with stakeholders.
• Deliver executive-level reporting to manage risks and issues.
• Identify and implement new initiatives for cross-selling and up-selling.
• Provide feedback, training, and growth opportunities.

Skills

User-voice

Bias for action

High Emotional intelligence

Personal Motivation and Resilience

Stakeholder management

Job description

Senior AVP- Key Account Manager (Insurance Broking)

Bangalore North, India | Posted on 06/04/2026

Nova Benefits is building India's most loved employee health and wellness platform. We work with some of the country's best employers to give their teams access to high-quality healthcare, and we believe technology is the unlock that makes this possible at scale. We are not just another insurance broker. We think of ourselves as an HR tech company that happens to hold an IRDAI broking license. Our north star is employee happiness, not premium volume.

We are backed by Bessemer Venture Partners, SIG, Better Capital, Titan Capital, and Multiply Ventures, and we are a Series A company with a strong track record of building fast and building well.

Job Description

CTC: Best in the Industry (Fixed + Incentives + Benefits)

About NovaBenefits

Nova Benefits is India's best B2B Insurance broker and benefits provider. Nova is one of India’s first profitable and growing insurtech company.Nova provides the best service in the industry with the fastest claim settlement, employee enrolment and query response times. We also provide a single platform for all employee benefits like insurance, health checkups, doctor consultations, mental health, gym subscriptions (& more) on a single platform driving high utilization be employees.

We're the fastest growing company in the employee wellness category and have on-boarded 500+ clients including Netflix, Hitachi, Cloudnine hospitals, Kalki Fashion. Reco by Nova's Cyber Insurance comes with 24/7 cyber risk monitoring to reduce claims by 66% and premiums by upto 50%. Apart from Cyber Insurance, Reco also helps clients with D&O, E&O, Professional Indemnity, CGL, Crime, Property insurance. We ensure you receive comprehensive coverage with a streamlined buying process saving you time.Nova has raised $11M Series A from investors that include SIG, Bessemer, Multiply Ventures, Better Capital, Titan Capital, Angel List.

About the Role

We're looking for a skilled Key Account Manager (Mid Market) who will be responsible for managing the key accounts of the company and maximizing sales opportunities within them. You will be accountable for ensuring that the targeted retention and revenue metrics are achieved.

Job Responsibilities:

• You will be responsible for managing and retaining Nova's existing customers
• You will help in creating value for the client by setting priorities, aligning with all stakeholders, driving engagement, conducting business reviews on decided timelines
• You will author, manage and deliver executive-level reporting, including weekly, monthly and quarterly status reports to manage risks and issues in accounts
• You will identify and implement new initiatives with key stakeholders to develop, champion, and launch new initiatives for growing revenue through cross-selling and up-selling
• You will be engaging the team by providing meaningful feedback, training, and growth opportunities.

What are we looking for?

• 2-3 years of experience in the insurance broking sector (mandatory) , preferably in the H&B space
• Should have managed decent annual revenue
• Proven record in managing a portfolio of key clients and creating value for the clients
• Experience having sold to CHROs & HR team or CFOs/Finance team is a plus

You are awesome at:

• User-voice - Ability to balance a user-centric approach in decision-making with business metrics and preferences
• Bias for action - Do things today, over tomorrow, demonstrate a sense of operational rigour and track progress to goals effectively
• High Emotional intelligence - Ability to empathize with team, clients and other stakeholders, and balance accountability with compassion
• Personal Motivation and Resilience: Passion for employee benefits, wellness & experiences
• Stakeholder management: Ability to rally stakeholders together despite competing opinions and creative differences

Nova Benefits is an equal-employment opportunity space that consciously hires people from diverse backgrounds. We thrive in the crux of psychological safety at the workspace and are committed to sustaining an inclusive, healthy and happy environment at work. We strongly encourage you to apply in case you are a cis-woman, a person of non-binary gender and sexual orientation, a person with a disability or represent any marginalized community. You can access Nova Benefits on Glassdoor here .