Experience
Up to 18 yrs
Salary (CTC)
₹7.7L - ₹8.5L
Job Location
Chennai, India
Vacancy
1
Designation
Deputy Branch Manager
Job Type
Not specified
Job Description
Primary Role Description
- Enable achievement of key business outcomes
- Build a quality Agency by focusing on quality of hire and skilling
- Ensure adherence to all statutory and compliance requirements
- Drive the people agenda sharply to enable achievement of people outcomes.
- To own the business plan for the branch - both top line and bottom line targets for Team
- Internalize the Management philosophy and business strategy of the company and drive it in the branch
- Ensure that the existing team of Agents is engaged, motivated and productive by forging a strong relationship with them
- Ensure that new Agent Advisors are constantly inducted, activated and productive for Team
- Drive the incentive schemes to ensure that the income of the Agency managers and Agent Advisors exceed benchmark
- Recruit Quality resources Unit Managers / Agency Managers
- Goal setting of all Agency Managers/Sr Agency Manager/Key Agency Managers in the region
- Regular and periodic review, monitoring and mentoring of the Agency
- Managers to ensure that they are on track to achieve their goals
- Regular classroom and on the field training of the team to equip them with the necessary skill sets to perform optimally
- Ensure that the defined sales process of the company is adhered to by the team
- Identify and groom future leaders in the team.
- Maintain the branch discipline, culture and follow basic rhythm.
- Identify potential business pockets in the branch jurisdiction
- Appoint Agents in these locations to procure business
- Own the resource and expense budget for the Branch
- Drive the RR schemes floated by HO from time to time
- Design own Branch level RRs, marketing activities and implement them.
- Support the Unit Managers and team of Agents in liaison with the HO for addressing their requirements/ concerns
- Percolate the management guidelines to the entire team.
- Being fully compliant to all the norms laid down by the regulators and the company
- Keeping the expense ratio of the Branch well within the defined budget
- Maintain win-win relationship with other channels
- Graduation in any discipline from a recognized educational institute
- Preferably Post Graduate Degree/Diploma in Management from a recognized educational institute.
- 6+ years of relevant work experience, preferably in Life Insurance with agency channel experience
- 3+ years of team handling experience.
