Executive - Agency Business Associates

Location: Fatehābād

Role description
Position Title
Assistant Manager Agency Business Associates
Department
Business Associate Model
Level/ Band
301

ROLE

SUMMARY:

Recruitment and Development of Business Associates - to manage them and ensure that they achieve their targets, and in turn achieve organizational targets.

ORGANIZATIONAL RELATIONSHIPS

Direct Reporting
BAM In-Charge / Location Head / Cluster Head
Supervises
BAs and Advisors

JOB DIMENSIONS

Geographic Area Covered
Defined branch
Internal Stakeholders
Business Associates and Advisors
Agency Sales Training
Branch Operations
Distribution Operations

KEY RESULT AREAS

Organization Process
Key Contributions
Frequency
BA Management
.
Recruit Direct PBAs, identify and create PBAs from existing advisor base
.
Develop BAs through coaching, training, team management and support, etc.
.
Drive BAs to recruit advisors in their team, make them active on business month-on-month, drive higher case rate per active advisor and case size to achieve business targets
.
Provide operational support to BAs in terms of business submission, issuance, pending resolve, new advisor licensing, etc.
.
Plan, Monitor and Review BAs on a regular basis - to drive their team Activity, Case Rate and Case Size
.
Ensure that the BAs are meeting their team targets and improving their performance and earnings consistantly
.
Ensure that A&H & Pension targets are met through a healthy product mix
.
Daily
Recruitment of new advisors through Business Associates
.
Work with BAs to drive recruitment of new advisors
.
Undertake activities like Career Opportunity Presentations and other footfall activities to drive recruitment
.
Provide support to BAs to organize COPs & other events as required
.
Follow the Recruitment process as laid down by the company for recruitment of new agents - to ensure both quality and quantity of recruitment
.
Daily
Ensure BA and Advisors progress towards higher career levels
.
Help the BA develop more leaders in his direct and indirect teams, and thus progress onto higher career levels
.
Help the BA in developing agents in direct and indirect teams to enable them to move to higher career levels and thus earn more
.
Coach and mentor the BAs to develop the right knowledge and skills
.
Daily
Persistency
.
Ensure good quality business to achieve the required persistency standards.
.
Monitor collection of modal FYP and Renewal premiums
.
Daily
Ensure Compliance
.
Ensure compliance to internal sales process & other compliance standards
.
Daily
MIS & Reporting
.
Maintain required trackers & reports to be submitted to various stakeholders
.
Daily

Skills Required

Technical
.
Finance / Insurance industry awareness
.
Problem solving skills
Peer level co-ordination
Behavioral

Level 1
Level 2
Level 3
Interpersonal skills

ü
Communication skills

ü
Creative thinking skills

ü
Supervising/Leadership skills

ü
Teamwork Skills

ü
Influencing skills

ü
Relationship     Building     skills

ü
Decision making skills

ü

Incumbent Characteristics

Essential
Desired
Qualification
Graduate
PG / MBA
Experience
5-7 years

Disclaimer:
This

Job Description is indicative in nature. The duty list/Goal Sheet provided to you can vary from the aforesaid in view of Organizational need/requirement from time to time.