Branch Relationship Manager -Life insurance

☞ Serving Skill

View: 93

Update day: 01-06-2024

Location: Bengaluru / Bangalore Karnataka

Category: Insurance

Industry:

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Job content

We are hiring Branch Relationship Manager at Bangalore for Priority Direct. Candidates with Agency and Direct experience needed

· Must have team leading experience for 3 to 4 years .

· Life Insurance experience of minimum 7-8 years

· Should be from Life Insurance sales. Do not share CVs for BANCA only.

· Age not more than 40

· Must be a local.

· Should be from Direct / Agency.

· Generating at least 1.5 Cr+ Business annually in Current or Last Company

KEY RESPONSIBILITIES:

Identify, interview and select sales executives with support from

HR.

To meet the following productivity measures for the unit:

Premium per executive, case rate, persistency, retention and a

high % of executives exceeding planned productivity standards

Exceed revenue targets

Undertake joint field work with executives and

observe/demonstrate successful selling skills

Conduct Fortnightly performance review (PRP) with executives

Help executives use the GOLD system for maximizing business

from a given target market

Supervise daily activity plan of all executives to ensure that

these are being fulfilled as per the desired levels

Ensure that all executives under supervision perform 100% as

per the company’s rules and regulations wrt. Need based

selling, Compliance and Customer service

Effectively manage, track and convert leads provided by the in-

house telemarketing unit.

Engage with customers to provide quick response to customer

queries, provide customer service.

Assist in Direct customer service policyholder’s complaint

resolution.

Ensure retention of in his allocated book of relations.

Educate team/ prospects about MNYL products vis-à-vis

MEASURES OF SUCCESS:

Target Achievements (Adj. AFYP, NOP, % Penetration in

assigned book of relations of team & Product Mix)

Team G3 standard productivity (mainly case rate, case

size & Collections) and % of executives consistently

achieving G3 standards.

Retention of Team

Persistency of Portfolio

Process Compliance

Timeliness & accuracy of reports

% Collection (Plan Vs Actual)

Complaint Resolution /Customer satisfaction

Self Development:

Induction/Certifications/Trainings/Completion of Licensing

products of competition to enable them in taking appropriate

decisions

DESIRED QUALIFICATIONS AND EXPERIENCE:

Graduate preferably with an MBA degree

Min. 5-7 years experience in handling of Sales Reps/Agents/DSAs.

KNOWLEDGE / SKILLS / ABILITIES

Familiarity with the local market

Ability to supervise, develop & motivate team.

Result Orientation

Leadership ability

Disciplined, structured & process driven

Job Types: Full-time, Permanent, Fresher

Pay: ₹700,000.00 - ₹900,000.00 per year

Schedule:

  • Day shift
  • Fixed shift
  • Monday to Friday

Education:

  • Bachelor’s (Preferred)

Experience:

  • total work: 1 year (Preferred)
  • Management: 1 year (Preferred)

Work Location: In person

Speak with the employer
+91 7230008736

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Deadline: 16-07-2024

Click to apply for free candidate

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