Deputy Manager - Bancassurance
HDFC ERGO
2 - 4 years
Mumbai
Posted: 26/07/2025
Job Description
Bancassurance strategy & execution In charge of executing efficient and aggressive business strategies and achieving the budget Responsible for the top-line and bottom-line financial numbers Estimating sales volume and profit for existing and new items (MCOR-Marginal Combined Operating Ratio) Designing, implementing and executing strategies for continuous growth In charge of the profitability management of the zone Periodic reviewing of team performance and setting agendas Responsible for managing a volume of 50 Crore Responsible for the training needs of the team Ensuring ample manpower requirements Responsible for encouraging the diversity and controlling the attrition Responsible for sourcing business from all the products that they manage as per the budget Responsible for approximately direct reporting of 4 Area Sales Manager Engagement with channel Maintaining team and channel relationship management and ensuring the same is adhered by the internal team members Increasing engagement with Channel partners through product training, drives or contests and conducting Indoor/outdoor activities to get the required business numbers Coordination with internal & external team Managing relationship across the bank internally & externally Ensuring relationship management between Bancassurance and daily coordination with their internal team via huddle calls or one to one call Compliance & Adherence Ensuring all the activities including conducting contests to following new and existing processes are following the required compliance and adherence requirement
About Company
HDFC ERGO General Insurance is a leading private sector general insurance company in India, formed as a joint venture between HDFC Ltd. and ERGO International (a part of the Munich Re Group). The company offers a wide range of insurance products including health, motor, travel, home, and commercial insurance. Known for its customer-centric approach, strong digital infrastructure, and quick claims processing, HDFC ERGO serves millions of individuals and businesses across the country, making it a trusted name in the Indian insurance industry.
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