Sales Manager - Agency Channel - Delhi

RenewBuy; Delhi; On-site; INR 500,000 - 800,000; Full time

Job summary

A notable insurance firm is seeking a Sales and Business Development professional to focus on agency channel management. The role includes developing strategies, ensuring compliance, and managing performance of POS agents in Delhi. A minimum of 1 year of experience in Insurance Agency Sales and an MBA are required. This full-time position offers opportunities for growth in a competitive environment.

Qualifications

• Minimum of 1+ years of experience in Insurance Agency Sales.

Responsibilities

• Develop and execute strategies to reach out to various market segments.
• Monitor agent performance on performance variables.
• Ensure compliance with external bodies and authorities.

Skills

Insurance Agency Sales

Sales Strategy Development

Team Coordination

Education

MBA from a business school/University degree

Job description

Sets specific standards / objectives with short-term focus, Adapts communication based on given audience to reach an agreement, Modifies processes in defined domain, Follows defined procedures and receives direction regarding work priorities from the manager. Works independently on routine tasks. Exercises limited discretion within established guidelines. Functions as Team Member. Growing ability to apply general principles and standard techniques/procedures.

Primary Responsibilities Include

• Agency Channel /POS Development
• Help employee for Sourcing/servicing POS Agents as per the agreed mix and policy.
• Agency Channel/POS Development for the assigned location.
• Coordinating with Operations team for pre licensing, training, and licensing.
• Conduct induction training and coordinate with sales training team for product and ongoing trainings for the respective POS.
• Maintaining the agreed mix of new and existing agents /POS.
• Develop and execute strategies to reach out to various market segments.
• Agency Channel /POS Management
• Monitoring Agent performance on the common variables of segment way to the market -Renewal/Fresh database, funnel, and closures.
• Maintaining the high active percentage of POS.
• Controlling Attrition of POS Agents.
• Ensuring high productivity of team and POS and manage the right level of channel engagement with the POS.
• Channel Servicing
• Reconciliation of partner accounts and coordination with all the departments for same
• Profitability
• Work on various market dynamics and provide feedback for the improvement in the internal organisation to cope up with the same.
• Management of loss ratios.
• Compliance & Hygiene
• To ensure compliance with the external bodies and other authorities.
• Ensure internal compliance.
• Manage cheque bounce recovery and business pendency.

Qualification

• MBA from a business school/University degree
• Should have a Minimum of 1+ years of experience in Insurance Agency Sales

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Sales and Business Development