Geographic Area CoveredBranches / ClusterInternal StakeholdersOperations, Underwriting, Claims , customer services and othersExternalCredit Life Partner viz. bank/NBFC
Key Result Areas
Organization ProcessKey ContributionsSales
Coordinate credit life sales activities including providing technical support and guidance to channel partners when needed
Review competitor activity, market trends, regulations and provide input/suggestions
Execute the sales strategies for each product line as specified by National
Sales Head/the senior credit life manager and Zone HeadRelationship Management
Solve the operational or technical issues faced by clients
Meet up regularly with clients to build a rapport with the senior
management as well as the sales teamEnsure Compliance
Participate in risk mitigation plans, contingency planning, and business
continuity programs by executing and reporting within defined timelines. Highlight and recommend process gaps, flaws and process changes.MIS
Oversee timely production and submission of sales statistics, reports and projections, as required,
Provide consolidated reports for management
Daily Business Report
Skills Required
Technical
Product Knowledge
Process Knowledge
Ability to generate solutions
Knowledge of group credit life business process
Updated knowledge about the insurance and banking industry
BehavioralEssentialDesiredInterpersonal skillsxc2xb7Communication skillsxc2xb7Creative thinking skillsxc2xb7Supervising/Leadership skillsxc2xb7Teamwork Skillsxc2xb7Influencing skillsxc2xb7Relationship Building skillsxc2xb7Decision making skillsxc2xb7Language SkillsEnglish, Local language
Incumbent Characteristics
EssentialDesiredQualificationGraduatePostgraduateExperience1 - 3 years in Sales (Insurance / Financial Service Background)AgeBelow or 30 yearsAbout Company:Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tatas pre-eminent leadership position in India and AIAs presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.