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Assistant Manager - Agency Business Associates

Assistant Manager - Agency Business Associates

Tata AIA Life
Early Applicant
  • Posted 6 months ago
  • Be among the first 10 applicants

Job Description

Role description

Job Description

A Position Overview

Position Title

Assistant Manager - Agency Business Associates

Department

Business Associate Model - Agency Sales

Level/ Band

301- Assistant Manager

Role Summary: Strengthens distribution by identifying potential leaders and ensures compliance to all internal processes and other compliance standards as set by the Company or the Regulator.

B Organizational Relationships

Reports To

Branch Manager

Supervises

NA

C Job Dimensions

Geographic Area Covered

Defined Branch

Stakeholders Internal

Agency Sales Training

Branch Operations

Distribution Operations

External

BAs and Advisors

D Key Result Areas

.Strengthen distribution by identifying potential leaders

.Support and manage the BAs in Recruitment & Training of Advisors.

.Manage Advisor career progressions and create a pool of Premier Advisors

.Ensure Retention of Advisors by constantly engaging with them and their leaders

.Drive profitable business by maintaining the desired product mix as prescribed by the company from time to time

.Drive growth in New Business Premium (NBP)

.Ensure good quality of business by ensuring collection of modal FYP as well as Renewal Premiums

.Coach, Train and support the reporting managers (if any) as well as monitor and review their performance on a regular basis

.Ensure compliance to all internal processes and other compliance standards as set by the Company or the Regulator.

.Participate in risk mitigation plans, contingency planning, and business continuity programs by executing and reporting within defined timelines. Highlight and recommend process gaps, flaws and process changes.

F Skills Required

Technical

Good Knowledge of MS Office / MS Excel

Behavioral

Essential

Desired

Interpersonal skills

.

Communication skills

.

Creative thinking skills

.

Supervising/Leadership skills

.

Teamwork Skills

.

Influencing skills

.

Relationship Building skills

.

Decision making skills

.

G Incumbent Characteristics

Essential

Desired

Qualification

Graduate Skills

More Info

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About Company

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.