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Kotak Life Insurance

Chief Manager / AVP - B2B Sales - Bangalore 1 (Residency Road)

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Description

Role: B2B Sales Manager
Title:
Chief Manager / AVO
Department: Corporate Solutions Group (CSG Sales)
Sub Department: CSG Sales
Work Location: Residnecy Road, Bengaluru
Education: Graduate / Post Graduate
Experience: 6 years +

Objective of the Role

Drive Group Term Life (GTL) business through broker channel and direct corporate engagement, while building strong CXO-level relationships and ensuring seamless end-to-end client servicing in collaboration with internal functions.

Key Responsibilities

1. Business Development & Sales Delivery

  • Drive GTL business through brokers, consultants, and direct corporate tie-ups

  • Identify and acquire new group clients across SME, mid-market, and large corporates

  • Achieve assigned premium, revenue, and profitability targets

  • Develop GTL solutions aligned to client needs and industry benchmarks

2. Broker & Partner Management

  • Build and manage strong relationships with insurance brokers and intermediaries

  • Drive product positioning, pitch management, and closure support via brokers

  • Ensure consistent engagement, training, and business activation of key partners

3. CXO Relationship Management

  • Engage with decision-makers (CXOs, CHROs, CFOs, Benefits Heads) of corporates

  • Lead client discussions for group insurance structuring, renewals, and enhancements

  • Act as a trusted advisor for client benefits strategy and insurance solutions

4. Stakeholder Collaboration (HO Functions)

  • Closely liaise with internal teams for seamless execution:

    • Actuarial / Pricing – quotations, scheme structuring, profitability

    • Underwriting – risk evaluation, approvals

    • Operations – onboarding, policy issuance, servicing

    • Claims – smooth claim settlement and escalations

  • Ensure timely turnaround of proposals and superior service experience

5. Client Servicing & Retention

  • Manage portfolio of existing clients with focus on renewals and persistency

  • Drive service excellence through proactive problem resolution and engagement

  • Identify upsell and cross-sell opportunities within existing accounts

6. Market Intelligence & Governance

  • Track competitor offerings, pricing trends, and industry developments

  • Ensure adherence to regulatory, compliance, and audit requirements

  • Maintain accurate MIS, pipeline tracking, and reporting

Key Interactions

Internal:

  • Actuarial, Underwriting, Claims, Operations, Finance

External:

  • Brokers & Intermediaries

Required Qualification & Experience

  • Graduate / Postgraduate (MBA preferred)

  • 5–12 years experience in:

    • Group Insurance / Corporate Sales / Employee Benefits

    • Broker management and large account handling

  • Strong exposure to GTL / Group Life products

Key Skills & Competencies

  • Strong relationship management and negotiation skills

  • Ability to engage and influence senior stakeholders / CXOs

  • High ownership with sales & revenue orientation

  • Good understanding of insurance products, underwriting, and pricing

  • Strong coordination and stakeholder management skills

Key Success Metrics (Indicative)

  • Business targets (APE / Premium / Revenue)

  • Broker productivity & activation

  • Client acquisition & retention ratio

  • Service turnaround and client satisfaction

  • Compliance and audit adherence

Why This Role is Critical

This role acts as a front-end revenue driver and client face for the GTL business, ensuring:

  • Strong market penetration through brokers

  • High-quality client relationships at CXO level

  • Seamless execution via deep internal alignment

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