Unit
Aditya Birla Health Insurance
Location
Mumbai
Poornata Position Number of the job
Reports to: Poornata Position Number
Poornata Position Title of the job (30 characters max)
Deputy Chief Manager
Reports to: Poornata Position Title
Head – Corporate L&D
Function
Human Resources
Reports to: Function
Human Resources
Department
Corporate L&D
Reports to: Department
Corporate L&D
Designation of the Employee
Manager – Corporate L&D
Designation of the Manager
Associate Vice President
Date of writing/updation of JD
28 July 2023
To identify learning needs across functions, co-create content, facilitate the growth, development, and continuous learning of employees within the corporate functions.
Dimensions
1
Coverage
Metric
FY 20
FY 21
FY 22
No. of Employees
2530
2830
3200
2
No. of Capability Building Program
Metric
FY 21
FY 22
FY 23
No. of Programs
50
60
70
3
Budget
Metric
FY 21
FY 22
FY 23
Amount in Crs
2
3.5
5
About The Health Insurance Industry –
While the current market sees more than 15 non-life players in the private space and 5 exclusive private players in the health insurance space trying to capture a sizable market share, the nationalised service provider (6) remains a strong competitor. In addition to this the business dynamics are such that the overall market on an annual basis which is to the tune of roughly 10,000 Crs sees close to 85 % of the business renewing with the existing service provider itself. This narrows down the opportunity of the fresh business actually being seriously fought in the market to approximately 1500 odd Crs. With the SME and the start-ups being the driving force of Indian economy, the opportunity to cater to these segments is immense and is increasing manifold year on year. The challenge here therefore remains as to how we capture a larger share of the opportunity by developing specific solutions to cater each segment of the business. Also by creating an inexpensive and standardized solution to increase the reach into the pockets of channel partners across the country to harness on their captive business and explore new opportunities with them.
Market Opportunities – With the advent of medical advancements, lifestyle changes, change in Indian socio-economic scenario and Indian healthcare space, and the insurers are facing challenges to cater to the needs of this diverse clientele. Increasingly Indian customers have started considering health insurance partners as intentions of health advisers. In this scenario it becomes extremely important to understand their psyche and then provide tailored solutions with wellness benefits which would help them meet their end objectives and bring in profitable revenue source for the company.
About The Aditya Birla Health Insurance –
Aditya Birla Health Insurance Co. Limited (ABHICL) was incorporated in 2015 as a 51:49 joint venture between Aditya Birla Capital Limited (ABCL) and MMI Strategic Investments (Pty) Ltd. ABHICL commenced its operations in October 2016.
ABHICL has entered the competitive health insurance market with an aim to expand the category to wider customer segments, beyond the ones that health insurance companies traditionally have marketed to. As the 6 th entrant in a category with well-established players, ABHICL is creating differentiation and equity for itself though the unique business proposition of “Health Insurance for All”, a one-of-a-kind proposition in India at the moment. This is a philosophy that is being built through every single consumer touch point and into every single backend process of the company to ensure a customer’s experience of our proposition is continuous and seamless.
ABHI’s unique offering to market includes proposition includes –
Key Challenges For The Role Are As Follows
Key Result Areas ( Max 1325 Characters)
Supporting Actions ( Max 1325 Characters)
Skill Assessment & Development
Leadership Development
Learning & Development Project Management
Digital Learning & Data Analytics
Employee Onboarding
Stakeholder Management
This is an individual contributor role.
Relationship Type ( Max 80 Characters) Frequency Nature ( Max 1325 Characters)
Internal
Head – L&D and Corporate L&D
DRs to Functional Heads
Content development team
Once a month
Once a week
Once a week
Learning updates and strategize and finalize timelines for various interventions for various functions.
Discuss learning needs and share strategies for further employee development.
Create learning delivery content, review content, design and course material.
External
Vendors
Monthly
To track and existing project status and explore new intervention possibilities
SIGN-OFF: Provide the name of the Manager and the jobholder. Signature needed for the hard copy of the JD. Hard copy to be maintained in the organizational record.
Job Holder
Reports to – Manager
Name
Signature (needed for the hard copy)
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