Senior AVP- Key Account Manager (Insurance Broking)

Posted Yesterday
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Bengaluru North, Yelahanka, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
HR Tech • Insurance
The Role
Manage and retain key mid-market accounts, achieve retention and revenue targets, and create client value through stakeholder alignment, engagement, and business reviews. Prepare executive-level account reporting, identify cross-sell and upsell opportunities, and launch revenue-growth initiatives. Provide team feedback, training, and development while maintaining strong stakeholder relationships and client outcomes.
Summary Generated by Built In

CTC: Best in the Industry (Fixed + Incentives + Benefits)


About NovaBenefits

Nova Benefits is India's best B2B Insurance broker and benefits provider. Nova is one of India’s first profitable and growing insurtech company.Nova provides the best service in the industry with the fastest claim settlement, employee enrolment and query response times. We also provide a single platform for all employee benefits like insurance, health checkups, doctor consultations, mental health, gym subscriptions (& more) on a single platform driving high utilization be employees.


We're the fastest growing company in the employee wellness category and have on-boarded 500+ clients including Netflix, Hitachi, Cloudnine hospitals, Kalki Fashion. Reco by Nova's Cyber Insurance comes with 24/7 cyber risk monitoring to reduce claims by 66% and premiums by upto 50%. Apart from Cyber Insurance, Reco also helps clients with D&O, E&O, Professional Indemnity, CGL, Crime, Property insurance. We ensure you receive comprehensive coverage with a streamlined buying process saving you time.Nova has raised $11M Series A from investors that include SIG, Bessemer, Multiply Ventures, Better Capital, Titan Capital, Angel List.


About the Role

We're looking for a skilled Key Account Manager (Mid Market) who will be responsible for managing the key accounts of the company and maximizing sales opportunities within them. You will be accountable for ensuring that the targeted retention and revenue metrics are achieved.


Job Responsibilities:

  • You will be responsible for managing and retaining Nova's existing customers
  • You will help in creating value for the client by setting priorities, aligning with all stakeholders, driving engagement, conducting business reviews on decided timelines
  • You will author, manage and deliver executive-level reporting, including weekly, monthly and quarterly status reports to manage risks and issues in accounts
  • You will identify and implement new initiatives with key stakeholders to develop, champion, and launch new initiatives for growing revenue through cross-selling and up-selling
  • You will be engaging the team by providing meaningful feedback, training, and growth opportunities.


What are we looking for?

  • 2-3 years of experience in the insurance broking sector (mandatory) , preferably in the H&B space
  • Should have managed decent annual revenue
  • Proven record in managing a portfolio of key clients and creating value for the clients
  • Experience having sold to CHROs & HR team or CFOs/Finance team is a plus


You are awesome at:

  • User-voice - Ability to balance a user-centric approach in decision-making with business metrics and preferences
  • Bias for action - Do things today, over tomorrow, demonstrate a sense of operational rigour and track progress to goals effectively
  • High Emotional intelligence - Ability to empathize with team, clients and other stakeholders, and balance accountability with compassion
  • Personal Motivation and Resilience: Passion for employee benefits, wellness & experiences
  • Stakeholder management: Ability to rally stakeholders together despite competing opinions and creative differences


Nova Benefits is an equal-employment opportunity space that consciously hires people from diverse backgrounds. We thrive in the crux of psychological safety at the workspace and are committed to sustaining an inclusive, healthy and happy environment at work. We strongly encourage you to apply in case you are a cis-woman, a person of non-binary gender and sexual orientation, a person with a disability or represent any marginalized community. You can access Nova Benefits on Glassdoor here .



Skills Required

  • 2–3 years of experience in the insurance broking sector
  • Experience in the health and benefits insurance space
  • Experience managing meaningful annual revenue
  • Proven record managing a portfolio of key clients and creating value for clients
  • Experience selling to CHROs and HR teams or CFOs and Finance teams
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The Company
118 Employees
Year Founded: 2020

What We Do

Nova Benefits is an India-based B2B insurance broker and employee benefits platform building an employee health and wellness solution for businesses. The company partners with employers to provide teams access to high-quality healthcare, using technology to deliver benefits at scale. Its platform supports insurance and wellness programs while reducing HR administration, and serves more than 500 corporate clients across India.

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