01Overview
Job Description
Designation Area Manager
Employment Type Full Time
Location Bangalore
Reporting to Zonal Head
Department Distribution Commercial
Job Profile Summary:
Apart from Corporate Commercial lines of business including Fire & Engineering lines, Liability lines,
Marine, Workmens Compensation, Group Health Business.
This will not include individual policies (motor and health)
Strong experience in General Insurance Commercial Lines business.
Primary responsibilities:
Achieving business target month on month for every line of business set by the Company
Responsible for servicing all customers to achieve the objectives assigned to the team according to the Companys business plans.
Servicing the current set of brokers / intermediaries managing renewals and getting new business
Reaching out to new brokers / intermediaries to increase penetration of RQBE in the market
Meeting service level TATs set by the distribution team
Coordinating with internal teams as and when required
Meeting clients to increase our market presence
Maintaining required reports as per company guidelines
Ensuring that the sourced business is correctly booked
Coordinating for coinsurance and reinsurance payments
Proven experience in managing and developing relationships with insurance brokers as a key distribution channel.
Sound understanding of commercial insurance products, underwriting basics, and market practices.
Experience working in a broking channel is mandatory.
Should be comfortable working as an Individual Contributor (IC) and driving business independently.
Strong business development and relationship management skills with brokers and intermediaries.
Reporting Hierarchy:
Profile of the candidate:
Total 10+ experience in Bangalore market in sales / marketing department with Insurance companies / key brokers.
Can be Candidates who are Sales Managers Corporate vertical/ Broking vertical from other GIs
Experience with Corporate Agency Channel handling of the above-mentioned private players will also fit.
Must have established broker network and strong market relationships.
Experience in mid to large-ticket commercial business preferred.
Candidates primarily handling Retail, Bancassurance, Agency, or SME Agency channels will not be suitable.
Candidates focused only on small-ticket SME broking business may not fit the requirement. .
