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Max Life Insurance

Business Development Manager

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Job Description

  • 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 associate s 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

Knowledge / Skills / Abilities:

  • Selling Skills
  • Relationship Building skills
  • Coaching and Developing Team
  • Result Orientation
  • Resilience
  • Discipline
  • Demonstrating Adaptability

Minimum Education:

  • Minimum Graduation in any discipline, MBA will be an added advantage

Minimum and specific experience:

  • Overall experience of 4-6years
  • Preference will be given to candidates having man management experience
  • Should have minimum of 2 years of sales experience
  • nel and helping team members develop their skills.

More Info

Job Type:
Employment Type:
Open to candidates from:
Indian

About Company

Max Life Insurance Company Limited is an Indian life insurance company headquartered in New Delhi. It is the largest non-bank private-sector life insurer in India and operates as an 80:20 joint venture between Max Financial Services and Axis Bank. Max Life provides a range of life insurance plans, including protection, savings, child, and pension plans. In FY 2024, Max Life reported an Embedded Value (EV) of 19,494 crore.

Job ID: 112052115

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