4) Key Result Areas:Writethe key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas)-Maximum 10 KRAs can be updated

Ensuring Partner Banks continue their partnership with ABHI despite pressures from competing Insurance Companies

1. Continue to integrate both systems and processes of ABHI and Partner Bank so as to increase the stickiness of relationship
2. Provide top-of-the-line Sales support to facilitate ease and comfort in selling ABHI products.
3. Provide superior Customer experience
4. Ensure continuous engagement at all levels of management of partner Banks with ABHI.
5. Closely monitor any perceived threats getting a foot-hold in the relationships and strategize effective steps to neutralize the same.

Plan & Strategize in terms of sales targets in sync with the targets of Partner Bank's internal guidelines.

1. Influence Partner Banks to align their Insurance revenue targets with ABHI's targets.
2. Planning the Product mix to reach the desired objective.
3. Planning training needs and methods.
4. Identify Customer segments and strategize the Sales process around it.
5. Designing R&R programs to motivate Sales force
6. Monthly meeting with Partner Banks Head Office Product team on strategy for the month.
7. Monthly meetings with Line Supervisors for local-level strategies.
8. Monthly meeting with ABHI team to clearly strategize priorities

Deliver Premium targets

Ensure design and implementation of cutting edge Sales Management Practices to effectively manage expectations of a highly competitive and professional team of Partner Bankers.

1. Collaborate on creation of appropriate training plans to enable better understanding of customer needs, our product offerings and its advantages - leading to quality sales call and higher volumes
2. Collaborate on creation of Sales Incentives Plans to drive the teams to desired levels of productivity and achievement of GWP targets
3. Collaborate on creation of appropriate progression plans

Running a Profit Center through effective management of spending.

1. Discussion with Internal Planning and accounts team on budgets available on projected Sales and product mix.
2. Adhering to IRDA, ABHI and Partner Banks compliances while planning expenses.
3. Planning and strategising the spending with Partner Banks Product team and line functions.
4. Working out cost-benefit analysis for every planned spending.
5. Put in place checks and balances to control the quality of business
6. Conduct periodic reviews and audits.
7. Introduce strategic spending, if required at specific instances to create momentum, in consultation with all stake holders.

Manage Renewals

1. Managing the Partner Banks dedicated renewal team based out of Mumbai to ensure renewal of premium regularly
2. Provide Partner Banks branch wise data to inform customers regarding renewal premium to be collected.
3. Team up with Partner Banks product team to motivate through R&R programs for Service executives of Partner Banks, based out of branches in order to collect renewals every month.
4. Plan and strategise with the Actuarial team to provide product features that disincentives surrenders and incentives for long term loyalty.
5. Ensuring adequate focus is maintained by the sales team on renewals.

Business expansion within Partner Banks relationship in order to meet with ABHI's ambition of reaching premier position in Health Insurance

1. Strategizing with Partner Banks's Pan India Client Acquisition team to meet the new Customers for ABHI products.
2. Design and run R&R programs for Acquisition team for referring leads for ABHI.
3. Identify the new opportunities and execute the action plan to have incremental business.
4. Identify innovative methods working with the relationship to enhance penetration of the database horizontally.