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Business Development M

2 years ago   Marketing & Communication   Bengaluru   240 views Reference: 24071
Job Details

Opportunity to be associated with MAX Life Insurance Pvt. Ltd. As Associate Business Development Manager and build a distribution enterprise.

  • Responsible for recruiting and managing a team of Leader and agents.
  • Responsible for recruiting a team of Leaders, who will recruit agents and agents will source direct business.

Key Responsibility: • Exceed recruitment target on new agency leaders and agent enrollments

. • Enhance quantity and quality recruitment by developing successful leaders.

  • Emphasis on quality recruitment by the Agency Leaders and Agency Associates through one-onone session.
  • Create mutual support platform for Financial Executives, Agency Associate and Agents to enable easier recruitment.
  • Enhance AFYP & Number of cases by the unit

. • Focus on potential EC, MDRT, CEO council agents through complete unit.

  • Focus on number of R&R winners.
  • Focus on enablement and development of the team
  • Ensure agents, agency associates, agency associates unit and agency leader unit is in complaint with various IRDA guidelines.
  • Timely contract of agents and agency associates within regulatory guidelines
  • Monitoring IRDA guidelines impacting AAP channel at regional level.
  • Track competition regularly at regional level on various measure such as new strategies, new compensation models etc. with particular reference to Financial Executives / AAP model developed by the competitors.
  • Execute plans for growth of the agency
  • Identify, interview and select new leaders from market and by networking
  • Ensure adherence to laid down sales and service standards for Financial Executives, Agency Associates and Agent Advisors.
  • Conduct weekly performance review and planning (PRP) for team
  • Ensure retention of team by formulating their development plans, meeting their training needs and communicating with them on a regular basis.
  • Handhold, develop and supervise Financial Executives, Agency Associates and Agents to meet plan and follow growth leadership practices.

Measures of Success:

  • Building a chain of successful leaders (Financial Executives)
  • Recruitment (contracted agents) numbers
  • Add-on of AFYP & number of cases in the team.
  • Add-on of number of new agency associates
  • Case Rate & Case Size
  • Agent satisfaction survey
  • Accuracy and timeliness of information

Other Responsibilities:

  • HO co-ordination
  • Sales promotion activities
  • Assist in overall running of the Office
  • This is a walk-in to proceed further contact HR at the venue on date and time mentioned.
Company Description
'Max Life Insurance, one of the leading non-bank promoted private life insurers, is a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max Financial Services Ltd. is part of the Max Group, which is a leading Indian multi-business corporation, while Mitsui Sumitomo Insurance is a member of the MS&AD Insurance Group, which is amongst the leading insurers in the world.