Branch Manager - Agency Channel - Life Insurance (5-8 Yrs) Karnataka/Belagavi,Belgaum (BFSI Sales) by TALENSYS

Updazz.com (July-2017 से पंजीकृत) ने 6 दिन पहले इस नौकरी को पोस्ट किया था

1) Job Purpose :The purpose of this job is to manage a team of Agency Managers, ensure advisor recruitment as per plan, and assist the Branch Head to make the branch a profit centre and to achieve annual business targets.2) Dimensions :What are the areas (in quantitative terms) the job has an impact on? Dimension Remarks :1. Manpower (Nos.) 8 to 10 AMs 2. Annualised Premium (in Cr) 50 Lac to 1.5 Cr 3. Policies (Nos) 100 to 500 4. Net Annualised Advisor Commission (NAAC) (in Cr) 10 Lac to 30 Lac 5. Persistency 85% 13 month Rolling Premium Persistency6. Sales Progression Maintain 30% of sales progression in the team 7. Licensing Create distribution as defined in the targets 3) Job Context & Major Challenges :(What are the specific aspects of the job that provide a challenge to the jobholder in the context of the Unit/Zone?Key Challenges for the role - - Unavailability of Quality Manpower in terms of Agency Managers and advisors, Retention of Quality Manpower- Licensing of Advisors - Pass Percentage is very low, getting examination dates for Online Examination is very difficult.- Fluctuating market condition- Delay in completion of business during month end as it involves the long process to issue the policy (starting from policy receipting, scanning, completing requirement, medical follow ups and finally the completion).- Infrastructure constraints- Ensuring that business is carried out as per the compliance & regulatory environment4) Principal Accountabilities :- Accountability Supporting Actions- Ensure performance of assigned Agency Managers with respect to recruitment of Advisors & achievement of business targets. 1. Recruit quality resource 2. Ensure performance standards of recruitment, activisation, policies & premium are met by the assigned agency managers3. Maintain the profitability : - Of the advisor - Of the Branch.4. Keep track on Advisors Contest and Clubs 5. Keep track on various training needs.6. Sharing good sales practices.7. Provide support to AM by participating in sales/recruitment.8. Be responsible for the market conduct of the assigned agency managers and the advisors in their team9. Maintain the Sales Report on Introduction and Issued Business10. Develop the Agency Manager s (goal sheets).11. Carry out goal setting exercise with his team enabling the FLS team to deliver the expected productivity & subsequently leading the team to progress to next progression level.- Manage persistency and business health for the allotted branch so that functional goals are achieved. 1. Manage sales force attrition as per bench mark.2. Maintain quality of business for better persistency.- Relationship Management (Internal & External) to drive performance. 1. Maintain healthy & cordial relation with team of Agency Managers as well as all concerned departments. 2. Maintain one to one contact with all advisors. 3. Ensure reaching of communication to the advisors of his team about new product, schemes, clubs, etc. (using FLS as key point of contact).4. Visit top advisors in regular intervals.
-Drive local sales promotion effort for to support team members in achieving business targets1. Anticipate sales promotion opportunities in the area of operation and devise innovative promotional activity.2. Driving various contests- Ensure Risk Management as per company policy. 1. Carrying out the business activities as per the compliance & regulatory environment.2. Ensure (by doing basic screening & basic sanity checks) the applications that healthy business is introduced in the system.3. Be responsible for the market conduct of the assigned agency managers and the advisors in their team - Manage administrative responsibilities of the branch in the absence of the Branch Head. 1. Assist the Branch Head in carrying out the branch administrative responsibilities / in the absence of Branch Head 2. Monitor operational costs 3. Facilitate in resolving any people or client related issues.- Team Management 1. Ensure through continuous on the job training, skill enhancement of team2. Mentor, supervise and coach the team.3. Provide for on the job as well as classroom training for skill enhancement4. Ensure periodic job rotation to give a higher exposure to the team members on all aspects. (ref:updazz.com)

Payroll Type : Permanent