Area Manager-Banca | Life Insurance -Lucknow - #1434916

Lavya Associates

Date: Nov 24, 2022
City: Lucknow
Salary: ₹1,000,000 - ₹1,400,000 / year
Contract type: Full time
Work schedule: Full day
Lavya Associates

Roles and Responsibilities

We have urgent openings for the position of Area Manager with most of the leading life Insurance Companies in Banca Vertical.
Job Description:-

To drive insurance business through Banca channel.

  • Handling bank branches of channel partner
  • Interact with Bank’s cluster head & bank employees and manage them on daily basis
  • Ensuring that the persistency & productivity is maintained, ensures quality of recruits hired in the team, maintains & drives compliance at the zone.
  • KRA also include training in Bank branches, Making Insurance HNI Calls, and review of Sales Managers with BM on regular intervals to ensure timely correction in case if required
  • Maintaining various MIS for regular monitoring of sales and various contests and training of Channel Partner and company team
  • Provide guidance & support to Channel partner’s employee, Internal Team RMs and all stakeholders in terms of submissions, issuance, pending resolve etc.
  • Maintain good relationship with Bank’s Cluster Head - interact with him regularly to assess business status. Take help from them to push & motivate them to maintain productivity
  • Maintain persistency by monitoring case size & healthy product mix
  • Ensure that they are meeting their team targets as well as individual sales targets
  • Managing the relationship between internal team and channel partner so as to foster sales for the company and maintain utmost levels of responsiveness to requirements from the Channel Partner
  • Regularly interact with HR to ensure that recruitment is as per plan
  • Ensure that RM’s meet their respective targets which will promote them to the next level
  • Ensure adherence to SOPs & sales processes & instigate disciplinary action against those fond breaching them
  • Achievement of NB Premium target, RM Activation and Product mix

For more information on profiles, please feel free to contact us @ 7527804567

Desired Candidate Profile

  • Must be a Graduate

  • Should have at least 7 years of total experience of sales with at least 4 years of experience in leading teams and at least 3 year in Bancassurance channel.
  • The incumbent also preferably needs to have knowledge of retail sales in the insurance domain.

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