Life Insurance Job Vacancies in Puducherry

Post: - BDM - bancassuranceKey Accountabilities 1. Sales: Accept leads generated from in-branch lead generators as well as warm leads provided by the bank from the database as well as generate own leads. Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from the companys product range, gain customer agreement to purchase, accurately complete sales documentation.2. Incentive programs: Cascade the incentive programs & ensure complete success in implementation of the same3. Sales completion process: Responsible for sales completion by facilitating completion of medical reports & ensuring prompt issue of policy document4. New markets/segments: Explore opportunities to develop new markets/ segments in line with company sales strategy from time to time5. Cross Sell/ Up-Sell: Build a good customer base in order to explore opportunities to cross-sell & up-sell, Obtain referral to further prospects where appropriate.6. Relationship Building: Build long term relationship with the bank staff & clients by responding appropriately to all bank/client queries either directly received or forwarded by the service company. Know all the branch managers, relationship managers & employees of all assigned branches on a personal level7. Customer Relationship Management: Arrange meetings of banks branch managers & staff with existing clients at least once a year, acknowledging birthdays & anniversaries to review their financial circumstances & life insurance needs as well as to obtain referrals to further prospects.8. After Sales Service: Accept & follow up on suggestions, request & complaints received from clients, ensure claim requests are serviced

Target Achievement Drive sales and achieve targets through the bank branches Sales Support Support the Customer Relationship Officer in the branch for his/ her sales effort, in terms of generating benefit illustrations, accompanying on client calls Relationship Management Bank is the key customer of the Business Development Manager, and he/she must engage an open and trusting relationship with the Branch Managers/officers/staff Engage the employees of the bank branches in regular discussions to transfer knowledge about insurance. Ensure that all service Lead Generation Spearhead all lead generation initiative from the bank whether through walk-in, data mining, referrals, etc.

Develop various sources of agent hiring and build a team of Agents Ensure product knowledge by Max Life Insurance ways of training Field demonstration (FODs) Work closely with Agents on planning and reviewing of activities and goals Achievement of monthly, quarterly & yearly business plans Ensure Company's product mix sales ration and adhere to the business norms Hold periodical customer meet to understand customers' pulse and product needs Ensure customer queries are responded to satisfactorily as per Max Life Insurance standard Eligibility Criteria: Any Graduate / Post graduate with good experience in sales

KEY RESPONSIBILITIES: Maximize Paid to Applied Business in coordination with Issuance/underwriting team and finance Handling Centralized welcome calling Process. Reduction in Discrepancy ratio. WIP Management - GO actionable TAT, issuance TAT. Vendor Bill Management Manage Dashboards & Governance for field ops Field operation & HO coordination for field operation fulfillment support. Lead Employee engagement initiatives for CAT-ops MEASURES OF SUCCESS: Paid to Applied Business 92% Ensure 100% welcoming calling on applied new business on time Minimize channel discrepancy ratio

Key Account abilities 1. Sales: Accept leads generated from in-branch lead generators as well as warm leads provided by the bank from the database as well as generate own leads. Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from the companys product range, gain customer agreement to purchase, accurately complete sales documentation.2. Incentive programs: Cascade the incentive programs & ensure complete success in implementation of the same3. Sales completion process: Responsible for sales completion by facilitating completion of medical reports & ensuring prompt issue of policy document4. Cross Sell/ Up-Sell: Build a good customer base in order to explore opportunities to cross-sell & up-sell, Obtain referral to further prospects where appropriate.5. Relationship Building: Build long term relationship with the bank staff & clients by responding appropriately to all bank/client queries either directly received or forwarded by the service company. 6. Customer Relationship Management: Arrange meetings of banks branch managers & staff with existing clients at least once a year, acknowledging birthdays & anniversaries to review their financial circumstances & life insurance needs as well as to obtain referrals to further prospects.7. After Sales Service: Accept & follow up on suggestions, request & complaints received from clients, ensure claim requests are serviced8. Performance review: Proactively ensure performance review by submitting various sales reports as per agreed frequencies in order to ensure performance targets are achieved & exceeded, ensure meetings with manager to agree on targets & to review performance. 9. Supporting colleagues & bank sales team: Support other Relationship Managers and the bank sales team requested by the sal es manager by coaching them in company knowledge, accompanying them on client visits.

Designation: Branch HeadChannel: Agency Business PartnerKey Accountabilities(A collection of duties and/or responsibilities assigned) Will manage team of 6-7 AABM and ABM on-roleemployee Advisors and financial consultantAct as a mentor, coach for the team to drive Business/Sales TargetsEnhance FC earnings based on vintage.Focusing on advisor and FC retention.Focus on Customer retention.Generate sales leads through Financial Consultants and advisors by upselling and cross selling of productmixBring in best practices to offer excellent experience while onboarding customers.Maximize sales productivity of the team and achieve sales targetsResponsible for branch unit.Provide in-the-field support to direct reports by joining them on calls and providing coaching andfeedback based on performanceResponsible for capacity building at branch levelTo emphasize on talent retention and managing attritionTo maintain high morale and engagement levels of the teams by providing constructive feedback andfostering right environment.Cross sell and up sell HDFC Life Insurance products based on the life cycle needs of the customers and asdefined by the organization.To periodically review the progress of direct reports and suggest corrective measures, if anyProvides accurate forecasts, updates and requested reports to reporting managerAdhere to a proper business work ethic and create a similar expectation of direct reports/peersEnsure high quality and high persistency of business generated to support long-term profitability of thecompanyProvide feedback and suggestions on initiatives/ changes required in branch operations.Skills, Knowledge & QualificationsShould be a Graduate ( any discipline) with sales background5 to 7 years of work experience in sales with at least 3 years+ experience in Life Insurance.Demonstrate competence in management, networking, target marketing to specific prospectsExperience in training, managing, mentorin