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Assistant Manager - Business Conservation

Assistant Manager - Business Conservation

ConfidentialThane
20 days ago
Job description

Position Title

  • Assistant Manager

Department

  • Business Conservation
  • Level / Band

  • 301
  • B. Role Summary

  • Drive renewal collection and outlier calling, manage control / implement business conservation
  • Ensure smooth functioning of operational activities of Autopay and other related processes
  • Resolve customer queries and grievance related to collections
  • C. Organizational Relationships

    Reports to

  • Senior Manager
  • Supervises

  • NA
  • D. Job Dimensions

    Geographic Area Covered

  • HO PAN INDIA
  • Stakeholders Internal

  • Branches
  • Operations
  • Sales Team
  • Finance
  • Vendor Management
  • IT
  • Audit
  • External

  • Call Centers
  • Banca Partners
  • E. Key Result Areas

    Renewal Collections

  • Premium collection management
  • Drive Call center for renewal collection
  • Identify opportunity for collections and drive suitable campaigns
  • Achieve renewal collection target for organization
  • Drive specific campaign for renewal collections
  • Analyse portfolio and drive collection on targeted base
  • Data to be interpreted for further action
  • To engage with HNI customer for renewal collection and query resolution
  • To meet HNI customers
  • Resolve customer queries and grievance related to collections
  • Reviewing collection strategy for better output
  • Support collection MIS management
  • Internal Stake Holders

  • Handling of customer & sales queries
  • Invoice Processing through vendor management / finance
  • Support IT development for system enhancement
  • Process review in accordance with audit and regulatory compliance guidelines
  • Ensure effective handling and timely resolution of key customer queries with a view to bring about customer satisfaction
  • Review system changes for process improvement
  • Preparation of presentation on process / subject as per management requirement
  • Competencies

    Customer & Consumer Engagement And Experience in a Hybrid World

  • Goes out of the way to deliver on time, the commitments made to the customers and consumers while striking a balance between their changing needs and organizationals processes
  • Clearly identifies the full range of customers to be served, their stated needs and offers options and suggestions to match their current and future expectations
  • Works towards integrating data, technology and strategy into creating hybrid customer experience solutions
  • Cultivates a consumer focused attitude among colleagues and assists team members to focus on various touchpoints to achieve customer satisfaction
  • Strives to exceed clients expectations by offering various possible options to pick and choose from which will completely satisfy their needs and be in their best benefit
  • Effects changes keeping in mind the customer context to deliver greater value and satisfaction to the customers
  • Building and Managing Relationships

  • Is able to design promotional emails and letters in collaboration with corporate communication and marketing team for customer engagement
  • Collaborates within and outside the team to enhance process efficiency, and enrich customer service experience
  • Represents views to address others concerns; makes others feel comfortable by responding in ways that convey their interest
  • Shares relevant ideas / information / views openly and directly and assumes different roles in a team to enable team performance
  • Clarifies the context of actions of self and team in case of adverse consequences
  • Seeks and gives open feedback on developmental areas of team members
  • Extends help to everyone in the team & stands by / defends ideas, views, decisions & actions of team members
  • Recognizes, highlights and rewards performance to ensure empowerment and motivate team members
  • Strategic Orientation

  • Considers whether short-term goals will support long-term objectives
  • Suggests changes in own plans according to changes in environment
  • Projects or thinks about long-term applications of current activities
  • Guides team to establish connection between their individual and team goals and identifies changes needed in own area of work in line with changing business trends
  • Estimates the impact of the changing business environment in own area of operations
  • Achievement Orientation

  • Is determined despite frequent obstacles
  • Tackles difficult problems and takes personal responsibility for reaching solutions
  • Helps others generate breakthrough ideas, fresh perspectives and new approaches
  • Creates a safe and positive environment for self and others to try and learn new ways of doing things by being creative
  • Empowers all employees to be effective and to champion continuous improvement
  • Empowers team members to propose approaches to increase performance and deliver results in shorter timeframe
  • Does not rest on past successes; establishes new stretch goals for the unit that accelerate NRC's business objectives
  • Work within shared resources, to bring out better productivity
  • Functional and technical ability

  • Has a broad understanding of the financial / commercial, operational and regulatory dynamics important to the business
  • Gathers and evaluates information to take decisions which will enhance the effectiveness of the department
  • Has thorough knowledge and experience in project management and takes up project with purpose of achieving higher customer retention with minimum cost
  • Is able to analyze complex data using SQL to derive meaningful conclusion and provides input to business and function
  • Tracks and reviews 13th month persistency data to understand effectiveness of customer engagement campaigns
  • Is able to analyze customer feedback received from various touch points and make meaningful suggestions for impacting companies revenue requirement
  • Developing, Managing & Working with Hybrid Teams

  • Encourages and leverages diversity by utilizing individual strengths and actively builds hybrid teams with complementary skills
  • Proactively takes efforts to share experience / relevant ideas / information / views and provide guidance to other team members working remotely to achieve goals
  • Effectively communicates and cascades various business initiatives to hybrid teams to drive business results by leveraging technology
  • Anticipates and is prepared to effectively deal with problems and roadblocks faced while working with hybrid teams
  • Encourages work-life balance amongst team to maintain healthy workforce
  • Proactively recognizes team members for their triumphs and encourages their self development
  • Is able to adapt person-specific approach while dealing with various team members
  • Technology, Digital and Analytics

  • Ability to analyze current technological trends, keeps track of key technological changes in industry and other markets
  • Shows agility for adopting new technology post systematic evaluation of the solution
  • Continuously stays in touch with key networks and contacts, with an objective of leveraging technology for achieving goals
  • Effectively balances changing technological priorities and deliverables under unfamiliar situations or tight deadlines
  • Independently engages in tasks requiring interpretation of complex and often vague sets of information
  • Identifies gaps in information and makes assumptions in order to continue analysis and / or take action
  • Promotes digital literacy and fluency in the team
  • G. Skills Required

    Type of Skills

    Essential

    Desired

    Technical Skills

  • Database management – X
  • Data Interpretation – X
  • Data Base Control Through MS Excel / MS Access – X
  • SQL KNOWLEDGE – X
  • Behavioral Skills

  • Interpersonal – X
  • Communication – X
  • Creative thinking – X
  • Supervising / Leadership – X
  • Teamwork – X
  • Influencing – X
  • Relationship Building – X
  • Decision making – X
  • H. Incumbent Characteristics

    Essential

    Desired

    Qualification

  • Graduate
  • Post Graduate
  • Experience

  • Knowledge on Call center process
  • Minimum 3 - 4 year experience on Call center collections process
  • 2- 3 year Experience to manage external stakeholders
  • Knowledge on Insurance process and industry
  • Skills Required

    Database Management, Ms Excel, Data Interpretation, Relationship Building, Communication, Sql

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