Team Leader jobs in Coimbatore - IDBIFEDERAL LIFESURANCE CO LTD

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  • Job View 13 Views
  • Applicants Less than 5 Applicants
  • 2018-12-20

Job Description

A WAD(wealthsurance distributor advisor) needs to achieve the defined criteria to progress to become an Agency Leader and

to progress at higher levels of leader in his/her career path

An Agency Leader (AL/SAL/GAL) will be eligible for performance based fixed as well as

variable payout as listed below:

1. Fixed Salary

2. Monthly Active NLA Allowance

3. Monthly Production Bonus

4. Monthly Advisor Activation Allowance

5. Indirect Team QPB for SAL/GAL (Indirect Team L1 & L2 - Quarterly)

6. Self Sourced business payout

At each level, An Agency Leader has to maintain the MBG norms to continue his/her

partnership with IFLI. Details of Career Progression and MBG norms are as below:

Career Progression Norms Minimum Business Guarantee (MBG) Norms

Advisor

to AL

• Min 3 Mths as an Advisor

• Achieve 8 Lives & FYC Rs. 35,000 and 1 Licensed Advisor within 6

Rolling months

OR

• Achieve 10 Lives & FYC Rs. 60,000 and 1 New Licensed Advisor

• Progression post 1 Month Free look period

and successful completion of Training

. No Min Vintage required

AL

• All existing ALs needs to achieve 2 Active NLAs and FYC Rs. 25,000 through

Direct Team in 1 calendar quarter

• If new AL joins in the 1st month of the Calendar quarter, he needs to achieve 2

Active NLAs by the end of the 1

st calendar quarter

If an AL joins in the 2nd month of the Calendar quarter, he needs to achieve 1

Active NLA by the end of 1

st Calendar quarter

If an AL joins in the 3rd month of the Calendar quarter, he needs to achieve 2

Active NLAs by the end of the next calendar quarter

Failure to achieve MBG norms will lead to termination of AL Employment

AL to SAL

• Achieve 6 Active NLAs & FYC Rs. 1,60,000 within 12 rolling Mths from

the Direct Team

Develop 2 ALs in the team

Progression post 1 Mth Free look period and successful completion

of Training

No Min Vintage required

SAL

• Achieve 3 Active NLAs, 5 Active Agents and FYC Rs. 25,000 through Direct Team

at the end of 2 consecutive calendar quarters

Key Skills

Industry

Insurance / Loan / Credit Management

Functional Area

Insurance / Loan / Credit Management

Number of Vacancy

50

Education

Professional Degree


About IDBIFEDERAL LIFESURANCE CO LTD

DESIGNATION: Agency Leader/Team Leader
 TRAINING PERIOD: 3 months (15000 PM *3 M=45000) BP* 
POINTS TO BE NOTED :
1.                  Spot offer letter will be provided for selected students.
2.                  IDBI federal offer equal employment opportunities to all individuals regardless of race, color, religion, sex, age, national origin, marital status and any other characteristic protected by law.
3.                  Students are to be well behaved
4.                  Contact details provided below only to be disclosed with placement officials and not to any of others.
5.                  Only above mentioned details( above points to be noticed) are to be displayed to the students.
 
 

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