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08/12 Devi
Senior IT Recruiter at Recruitment Firm

Views:140 Applications:11 Rec. Actions:Recruiter Actions:0

Assistant Branch Manager - Agency Sales - Financial Services (5-7 yrs)

Bangalore Job Code: 20090

JOB DESCRIPTION :

Position : Assistant Branch Manager - Agency Sales

Function : Agency Channel

Reporting to : Branch Manager / Sr. Branch Manager - Agency

Job Summary :

- Enable achievement of key business outcomes

- Build a quality Agency by focusing on quality of hire and skilling

- Ensure adherence to all statutory and compliance requirements

- Drive the people agenda sharply to enable achievement of people outcomes

Key Responsibilities :

Key Measures of Performance

a. Achievement of Business Plans

- To own the business plan for the branch - both top line and bottom line targets for Team

- Internalize the Management philosophy and business strategy of the company and drive it in the branch

- Ensure that the existing team of Agents is engaged, motivated and productive by forging a strong relationship with them

- Ensure that new Agent Advisors are constantly inducted, activated and productive for Team

- Drive the incentive schemes to ensure that the income of the Agency managers and Agent Advisors exceed benchmark

b. Team Building

- Recruit Quality resources - Unit Managers

- Goal setting of all Agency Managers/Sr Agency Manager in the region

- Regular and periodic review, monitoring and mentoring of the Agency Managers to ensure that they are on track to achieve their goals

- Regular classroom and on the field training of the team to equip them with the necessary skill sets to perform optimally

- Ensure that the defined sales process of the company is adhered to by the team

- Identify and groom future leaders in the team

c. Business Expansion

- Identify potential business pockets in the branch jurisdiction

- Appoint Agents in these locations to procure business

d. Liaison with Home Office

- Own the resource and expense budget for the Branch

- Drive the R&R schemes floated by HO from time to time

- Design own Branch level R&Rs, marketing activities and implement them

- Support the Unit Managers and team of Agents in liaison with the HO for addressing their requirements/ concerns

- Percolate the management guidelines to the entire team.

- Being fully compliant to all the norms laid down by the regulators and the company

- New GWP

- Renewal GWP

- Renewal no. of cases

- Active agents and PA

- Desired product mix

- No. of New Agents

- Audit findings

- Employee engagement

- Attrition

Key Relationships :

Internal: Agency Team & Cross Functional Teams

External: Agents & Policy Holders

- Keeping the expense ratio of the Branch well within the defined budget

- Maintain win- win relationship with other channels

Preferred Skill Set :

a. Analytical Skills

- Designing Sales Strategies to achieve the business goals

- Analytical skills to read, interpret MIS

- Skill sets to handle a team of agents to achieve the business goals

b. Domain Knowledge

- Sound domain knowledge of the health insurance policies and practice in India

- Good knowledge of the legal and regulatory requirements and compliances

c. Leadership Attributes

- Strong written and verbal communication skills

- Ability to manage a team, keep it motivated and handle conflicts in a mature and tactical way

- Result orientation

- Ability to spot and utilize opportunities

- Energetic and enthusiastic personality

Minimum Qualification Minimum Experience :

Education :

- Graduation in any discipline from a recognized educational institute

- Preferably Post Graduate Degree/Diploma in Management from a recognized educational institute

Experience :

- 5-7 years of relevant work experience, preferably in financial services distribution

- Minimum 1 year experience in team handling preferable, but not mandatory

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

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