Agency Development Manager / Business Development Manager - Life Insurance

Job Overview

We are seeking a motivated, results-driven professional to join our Agency Channel team as an Agency Development Manager (ADM) or Business Development Manager (BDM) in the life insurance sector. The role involves recruiting, training, and managing a team of Insurance Advisors, aiming to boost business growth through enhanced advisor productivity and customer acquisitions.

Key Responsibilities

• Recruit and onboard high-quality Insurance Advisors and Financial Consultants.
• Provide comprehensive training, mentorship, and motivation to advisors to meet sales goals.
• Drive life insurance sales through the Agency Channel.
• Support advisors by participating in joint sales calls to facilitate sales closure.
• Build and nurture lasting relationships with both advisors and customers.
• Track and enhance advisor performance and productivity.
• Plan and implement recruitment and sales strategies.
• Ensure consistent achievement of monthly, quarterly, and yearly sales targets.
• Maintain compliance with company policies and IRDAI regulations.
• Generate and submit timely reports while keeping precise business documentation.

Eligibility Criteria

• Graduate degree in any field is mandatory.
• 1 to 5 years of experience in Life Insurance or BFSI sales is required, with preference for those with Agency Channel experience.
• Applicants should be up to 40 years old (subject to company policy).
• Excellent communication, leadership, and relationship management skills.
• Must have a personal two-wheeler along with a valid driving license.
• Local candidates are preferred.

Skills and Competencies

• Recruiting Insurance Advisors
• Team Leadership and Management
• Sales and Business Development Expertise
• Strong Leadership and Motivational Abilities
• Customer Relationship Management
• Negotiation and Deal Closing Skills
• Target Driven Mindset
• Effective Presentation and Communication Skills

Performance Metrics

• Advisor Recruitment and Licensing Success
• Activation and Productivity of Advisors
• Business Premium Targets Fulfillment
• Policy Persistency and Quality Maintenance
• Team Retention Rates
• Revenue Growth Achievement
• Customer Satisfaction Levels

Compensation and Benefits

• Fixed salary determined by company policy
• Attractive performance-based incentives
• Monthly, quarterly, and annual contest rewards
• Opportunities for domestic and international travel
• Medical insurance and group insurance coverage
• Clear prospects for career advancement and rapid promotions
• Access to professional training and development programs

Additional Information

Join us for exceptional career growth options, a culture that recognizes and rewards performance, comprehensive training, and the chance to build a successful sales team within one of India's premier life insurance providers.