Relationship management is the process which builds and maintains relationships with key stakeholders including customers, clients, suppliers and also employees. It helps to strengthen the loyalty of the customers and create opportunities for growth and success. The relationship manager establishes and fosters strong relationships with the clients for the different insurance policies and understands the needs and objectives of the clients. The relationship manager recommended suitable strategies for the sales to the associates through analysis of the current market trends and conducted market research. The following facilities are got by the associates through the help of the support of the relationship manager-
- Build a proper relationship with the clients.
- Understand the needs and objectives of the clients
- Provide proper investment advice and solution
- Risk management.