Manage strategic partnerships with insurers to enhance business volume and profitability while ensuring compliance with regulations.
About Us – Paytm is India's payment Super App offering consumers and merchants most comprehensive payment services. Pioneer of mobile QR payments revolution in India, today, Paytm is India’s largest payment company by Users, Merchants, Payment Transactions and Revenue. Paytm’s mission is to drive financial inclusion in India and bring half a billion Indians into the mainstream economy through technology-led financial Services. Paytm enables commerce for small merchants and distributes various financial services offerings to its consumers and merchants in partnership with financial institutions.
Paytm has been a pioneer in the merchant space by introducing innovative solutions like QR codes to accept payments and Sound-box to recon payments by voice alerts. We are also distributing loans to these partners via our ‘Paytm for Business’ App.
Key Responsibilities:
Manage strategic partnerships with insurers to maximize business volumes, profitability, and customer satisfaction.
Lead negotiations on commission structures, pricing, product offerings, and exclusive partnership deals.
Analyze insurer performance metrics, identify growth opportunities, and implement improvement plans.
Facilitate product development and integration discussions between Paytm and insurers, ensuring alignment with market demands.
Collaborate closely with internal teams (product, technology, sales, and marketing) to ensure successful execution of insurer strategies.
Regularly review partnership agreements and compliance requirements, ensuring adherence to IRDAI regulations and internal governance.
Generate and present reports on partnership outcomes, challenges, and recommendations to senior management.
Qualifications and Experience:
Bachelor/MBA or equivalent qualification from a reputable institution.
2-3 years of experience in insurance partnership management, business development, or product management roles into Health Insurance Domain.
Strong negotiation, analytical, and stakeholder management skills.
In-depth knowledge of the Indian insurance market and IRDAI regulatory environment.
Paytm Labs builds technologies that power Paytm, the worlds’ fastest growing mobile payments and commerce ecosystem. We use our skills, and our biggest asset – data, to make our little dent in this universe.
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