Strategy_Group Business_Mumbai

Job Purpose
The purpose of this job is to assist in creation of business plans & strategies and support execution of the same through different Lines of Group Business (Fund, Risk and Creditor) to achieve short term, medium term and long term sales and profitability objectives,
Principal Accountabilities
Accountability
Supporting Actions
Develop & Implement business plans
Work with the vertical heads in formulation of Annual Sales & Financial plan
Setting-up and Driving business analytics modelling to increase revenue and improve overall health parameters
Conduct financial feasibility of the channel level initiatives including compensation and R&R to align it with plan
Drive internal & external benchmarking exercises on various sales and productivity parameters in order to define / redefine / fine tune levers of strategic inputs to the business.
Performance management framework for the Fund, Risk and Creditor Business Lines of the Group Channel
Develop and execute performance reporting frameworks for reporting to the Channel heads, CEO and the shareholders in alignment with the Corporate MIS team.
Preparation of review decks for senior management
Industry & Competitive Analysis to support industry level discussion for senior management
Provide relevant data points for identification of opportunities & scope for expansion and penetration across various channels / models / markets / segments / geographies, develop robust business cases / plans to support the same & guide implementation of the said plan to execution
Develop Robust Sales Management and Lead Management Processes for driving sales efficiency and effectiveness
Monitor a comprehensive sales management process starting from prospecting to lead conversion
Drive adoption of CRM system such as MS Dynamics to achieve the above objective
Devise suitable incentive and KRAs to drive adherence to the sales management process
Create dashboards and MIS along with relevant R/R to drive the above
Drive new product development and Customer engagement/Communication
Benchmark current products with the competition and identify gaps to develop new product opportunities
Interface with Actuarial team to design and price new product development in coordination with Sales
Liaise with marketing and service function to drive customer communication and customer engagement
Drive Strategic projects to identify new growth drivers for the channel depending on market opportunities
Identification of Strategic Initiatives & formulation of detailed and measurable roadmaps & milestones
Program Management of Key Strategic Initiatives to ensure timely & seamless execution and bring out synergies between various stakeholders
Work with different stakeholders to drive implementation and closure of the initiatives

Work arrangement
No