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Key Account Manager - Rural Banking - IDFC First Bank
Key Account Manager - Rural Banking - IDFC First BankConfidential • Indore, India
Key Account Manager - Rural Banking - IDFC First Bank

Key Account Manager - Rural Banking - IDFC First Bank

Confidential • Indore, India
25 days ago
Job description

Role description

JOB DESCRIPTION

  • Position Overview

Position Title

Key Account Manager

Department

IDFC First

Level / Band

Executive - 204

Role Summary :

  • Visit partner branches and interact with Bank branch managers
  • Ensure sales targets assigned are met on every parameter
  • Interact with customers to explain the products and solutions
  • Help branches mapped to her / him help achieve insurance sales targets
  • Organizational Relationships
  • Reports To

    Cluster Manager

    Supervises

    NA

  • Job Dimensions
  • Geographic Area Covered

    Branches

    Stakeholders Internal

    Supervisors, Ops, Underwriting, Legal

    External

    IDFC First Bank - Channel Partner

  • Key Result Areas
  • Partner and Client Management

  • . Exceeding branch level targets (NB, renewal, STP, digitisation, product mix etc)
  • . Interact with the Bank branch teams and customers to explain the products and promote the brand
  • . Sales and support to all branches assigned - complete documentation, medicals, close pending documentation.
  • . Drive local contests and engagements to engage teams
  • . Keep track of all contests and initiatives launched - bank, other insurers and Tata AIA Life
  • . Maintain good relationship with Bank Branch manager - interact with him regularly to assess business status. Take help from them to push & motivate them to maintain productivity
  • . Managing the relationship between internal team and channel partner so as to foster sales for the company and maintain utmost levels of responsiveness to requirements from the Channel Partner
  • . Aid the bank branches to adopt new processes and technology
  • Ensure sales targets assigned are met on every parameter

  • . Assist Branch team to ensure their insurance targets are met by providing sales support, correct training, product updates, sales information.
  • . Align partner to ensure both teams are working towards the same goal
  • Customer service

  • . Ensure adequate customer service - grievance redressal, claim settlement, renewal etc.
  • Risk Management

    'Own-up' the risk of the function by developing a risk aware culture through participation in measurement, analysis and mitigation of risks associated with the respective function. This includes development of risk response processes, participation in contingency and business continuity programs and reporting of emerging risks with potential impacts. Also respond to risks highlighted by employees through formal / informal mechanisms and advice on various risk management issues within the organization and provide feedback. Participate in implementing risk mitigation plan through optimum resource allocation, monitoring and reporting on status.

    E Skills Required

    Technical

  • . Good product knowledge
  • . Working knowledge of MS Office
  • Behavioral

    Essential

    Desired

    Interpersonal skills

    Communication skills

    Creative thinking skills

    Supervising / Leadership skills

    Teamwork Skills

    Influencing skills

    Relationship Building skills

    Decision making skills

    F Incumbent Characteristics

    Essential

    Desired

    Qualification

    Graduation

    Experience

    1 to 3 years of work experience in Insurance / Financial Service Background, Public Sector Bank partner work experience would be preferable

    Skills Required

    Working knowledge of MS Office, Good product knowledge

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    Key Account Manager • Indore, India

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