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Max Life Insurance

City Head - Affluent Banking

5-7 Years
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Job Description

  • Relationship Management with the Axis Circle Head, Circle Business Managers, Segment Heads and Branch Heads With the advent of cluster formation relationship management with the Branch Heads in order to achieve business targets and builds a progressive partnership with the bank.
  • Provide inputs to the Regional Head and make plans for achievement in order to support and contribute to Axis Bank Strategy.
  • Driving Maxis 2020 agenda across branches and thereby ensuring E Sales &2020 process adherence
  • Periodic Analysis of the performance, Counsel and Mentor performance, Conduct Fortnightly PRPs with the RA and ASMs and Facilitate performance management.
  • Co-create and implement recognition platforms in order to build a capable and motivated team in the AXIS Bank resources.
  • Liaise with training team and circle trainer, ensuring product training departed to all sellers including Axis Bank resources.
  • Daily updates in alignment with Axis Clusters of focused business parameters-Business Plan, Branch Seller Activation and persistency and thereby tracking the performance in all the vectors.
  • Ensuring Branch visits to the top branches, whose %ge achievement on budget is lower than the smaller branches, and come out with the strategy.
  • Deploy the BOLD system to own team and ensure that the system requirements are met in order to ensure that the relationship is productive and mutually beneficial and compliant with all regulatory requirements.
  • Driving the Axis 2.0 Vision and ensuring the highest usage of LMS activity by the team.
  • Deploy and monitor implementation specifically Bank staff contests/R&R in order to accelerate revenue generation with the Channel.

Measures of Success

Business Plan-

Adj MFYP (Rs.) - Plan v/s Actuals

Activation plan-

Seller Activation (%) - Plan Vs Actual

New Business Margin for the channel

As per Plan

Persistency-

15th month Persistency (%) - > 85% (By Value)

E

Customer centricity and satisfaction

Effective Management of Customer

As per Plan

Key Relationships (Internal /External)

Effective Management of People & Customer

Retain talent - 70%, (as per HR formula)

Handling Customer Complaints

Key competencies/skills required

Relationship, Leading people, Effective Management of Process

Desired qualification and experience -

  • Master of Business Administration or equivalent.
  • 5 to 7 years of experience in intensive Distribution, Channel Management, Prior experience in insurance essential.
  • Result Orientation, Customer Centricity, Technical Expertise, Managerial Expertise, Problem Solving, Role Modeling Core Values.

Role: Regional Sales Manager (B2C)

Industry Type: Insurance

Department: Sales & Business Development

Employment Type: Full Time, Permanent

Role Category: Retail & B2C Sales

Education

UG: Any Graduate

PG: MBA/PGDM in Any Specialization

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: 112051339