At a Glance
- Tasks: Lead and grow the motor insurance retail business while managing a dynamic team.
- Company: Finhaat, a unique platform empowering underserved communities with financial solutions.
- Benefits: Competitive salary, growth opportunities, and a chance to make a real impact.
- Other info: Be part of a vibrant team dedicated to financial prosperity.
- Why this job: Join us to shape the future of financial services for emerging Indians.
- Qualifications: 12-18 years in insurance, strong leadership, and excellent communication skills.
The predicted salary is between 44100 - 53900 £ per year.
Company Information
Finhaat – a unique financial services distribution platform catering to the distinctive needs of financially underserved population – the Emerging Indians. Our journey started with the belief that all individuals should be equipped to manage their financial health with ease and confidence. This will be possible only when they have an easy access to solutions that are in line with their financial goals.
- Suraksha – Protection from Financial Shocks
- Suvidha – Easy access to curated financial services
- Samriddhi – Trusted Partner for overall financial prosperity
Finhaat has been created as a marketplace for financial services distribution that seeks to connect the customer to the solution provider through an innovative financial service distribution model. Finhaat gives the right individual with an environment of immense growth depending on its capability and performance.
Job Summary: We are looking for an experienced individual who can develop the retail business with focus on Sales & Marketing, Team Management, Agency Sales Management & Customer Service.
Key Responsibilities:
- Strategic Planning: Developing and implementing sales strategies, business development plans, or operational plans to achieve company goals, basis market insight & competition mapping.
- Team Leadership: Motivating, mentoring, and managing teams to ensure they meet targets and deliver quality service. Building the complete retail team and building a POSP network. Provide guidance to the team in chasing/ converting/ generating business in assigned geography.
- Client Relationship Management: Building and maintaining strong relationships with clients, understanding their needs, and ensuring their satisfaction. Lead the business review discussions with partners on a monthly basis and drive the sales process with the partner through lead generation, conversion, etc.
- Sales and Revenue Generation: Achieving sales targets, prospecting for new business, and maximizing revenue opportunities.
- Compliance and Regulatory Affairs: Ensuring compliance with industry regulations and guidelines, such as IRDAI regulations.
- Market Analysis and Intelligence: Staying informed about market trends, competitor activities, and regulatory changes to identify opportunities and risks.
- Financial Management: Managing budgets, tracking performance, and ensuring financial targets are met.
Key Performance Indicators (KPIs):
- Extensive Industry Experience: Years of experience in the insurance broking industry, typically 12-18 years or more.
- Leadership and Management Skills: Proven ability to lead, motivate, and manage teams effectively.
- Strong Business Acumen: Understanding of the insurance industry, business principles, and financial management.
- Excellent Communication and Interpersonal Skills: Ability to communicate effectively with clients, colleagues, and stakeholders.
- Problem-Solving and Analytical Skills: Ability to identify and resolve problems, analyze data, and make sound business decisions.
Zonal Head - Motor Insurance employer: Omnivore
Finhaat is an exceptional employer that prioritises the growth and development of its employees, particularly in the dynamic field of motor insurance. Located in Vikhroli, Mumbai, the company fosters a collaborative work culture where innovation thrives, offering unique opportunities for career advancement and personal development. With a commitment to empowering the financially underserved, Finhaat provides a meaningful work environment that not only values performance but also encourages employees to make a significant impact in the community.
StudySmarter Expert Advice🤫
We think this is how you could land Zonal Head - Motor Insurance
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Omnivore). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Omnivore. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Zonal Head - Motor Insurance
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Omnivore.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Omnivore. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Omnivore
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Omnivore to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Omnivore, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Omnivore's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
