Business Development Manager

Job Title BDM - APC Location Multiple Department Agency Function Agency Partner Channel Reporting to Office Head Band 4A Channel Summary The agency channel refers to a distribution method where insurance products are sold through agents These agents act as intermediaries between the insurance company and customers facilitating the sale of policies providing customer support and offering advisory services This initiative is expected to improve customer experience especially in markets where customers prefer human interaction It also supports customer in Resolving policy service need Renewal collection to resolve policy holder s service needs Cross sale opportunity Job Summary Opportunity to be associated with MAX Life Insurance Pvt Ltd As Business Development Manager and build a distribution enterprise Responsible for recruiting and managing a team of Leader and agents Responsible for recruiting a team of Leaders who will recruit agents and agents will source direct business Key Responsibilities Key Deliverables Exceed recruitment target on new agency leaders and agent enrollments Enhance quantity and quality recruitment by developing successful leaders Emphasis on quality recruitment by the Agency Leaders and Agency Associates through one-on one session Create mutual support platform for Financial Executives Agency Associate and Agents to enable easier recruitment Enhance AFYP Number of cases by the unit Focus on potential EC MDRT CEO council agents through complete unit Focus on number of R R winners Focus on enablement and development of the team Ensure agents agency associates agency associate s unit and agency leader unit is in complaint with various IRDA guidelines Timely contract of agents and agency associates within regulatory guidelines Monitoring IRDA guidelines impacting AAP channel at regional level Track competition regularly at regional level on various measure such as new strategies new compensation models Measures of Success Building a chain of successful leaders Financial Executives Recruitment contracted agents numbers Add-on of AFYP number of cases in the team Add-on of number of new agency associates Case Rate Case Size Agent satisfaction survey Accuracy and timeliness of information Key Relationships Internal External HO co-ordination Sales promotion activities Assist in overall running of the Office Desired qualification and experience Job Specifications Overall experience of 4-6years Preference will be given to candidates having man management experience Should have minimum of 2 years of sales experience Minimum Graduation in any discipline MBA will be an added advantage KEY COMPETENCIES SKILLS REQUIRED Selling Skills Relationship Building skills Coaching and Developing Team Result Orientation Resilience Discipline Demonstrating Adaptability About Axis Max Life Insurance Axis Max Life Insurance Limited formerly known as Max Life Insurance Company Ltd is a Joint Venture between Max Financial Services Limited MFSL and Axis Bank Limited Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution including agency and third-party distribution partners It has built its operations over two decades through a need-based sales process a customer-centric approach to engagement and service delivery and trained human capital As per the annual audited financials for FY2023-24 Axis Max Life Insurance has achieved a gross written premium of INR 29 529 Cr For more information please visit the company website at www maxlifeinsurance com ComeAsYouAre LGBTQIA and PwD candidates of all ages are encouraged to apply Job Title BDM - APC Location Multiple Department Agency Function Agency Partner Channel Reporting to Office Head Band 4A Channel Summary The agency channel refers to a distribution method where insurance products are sold through agents These agents act as intermediaries between the insurance company and customers facilitating the sale of policies providing customer support and offering advisory services This initiative is expected to improve customer experience especially in markets where customers prefer human interaction It also supports customer in Resolving policy service need Renewal collection to resolve policy holder s service needs Cross sale opportunity Job Summary Opportunity to be associated with MAX Life Insurance Pvt Ltd As Business Development Manager and build a distribution enterprise Responsible for recruiting and managing a team of Leader and agents Responsible for recruiting a team of Leaders who will recruit agents and agents will source direct business Key Responsibilities Key Deliverables Exceed recruitment target on new agency leaders and agent enrollments Enhance quantity and quality recruitment by developing successful leaders Emphasis on quality recruitment by the Agency Leaders and Agency Associates through one-on one session Create mutual support platform for Financial Executives Agency Associate and Agents to enable easier recruitment Enhance AFYP Number of cases by the unit Focus on potential EC MDRT CEO council agents through complete unit Focus on number of R R winners Focus on enablement and development of the team Ensure agents agency associates agency associate s unit and agency leader unit is in complaint with various IRDA guidelines Timely contract of agents and agency associates within regulatory guidelines Monitoring IRDA guidelines impacting AAP channel at regional level Track competition regularly at regional level on various measure such as new strategies new compensation models Measures of Success Building a chain of successful leaders Financial Executives Recruitment contracted agents numbers Add-on of AFYP number of cases in the team Add-on of number of new agency associates Case Rate Case Size Agent satisfaction survey Accuracy and timeliness of information Key Relationships Internal External HO co-ordination Sales promotion activities Assist in overall running of the Office Desired qualification and experience Job Specifications Overall experience of 4-6years Preference will be given to candidates having man management experience Should have minimum of 2 years of sales experience Minimum Graduation in any discipline MBA will be an added advantage KEY COMPETENCIES SKILLS REQUIRED Selling Skills Relationship Building skills Coaching and Developing Team Result Orientation Resilience Discipline Demonstrating Adaptability About Axis Max Life Insurance Axis Max Life Insurance Limited formerly known as Max Life Insurance Company Ltd is a Joint Venture between Max Financial Services Limited MFSL and Axis Bank Limited Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution including agency and third-party distribution partners It has built its operations over two decades through a need-based sales process a customer-centric approach to engagement and service delivery and trained human capital As per the annual audited financials for FY2023-24 Axis Max Life Insurance has achieved a gross written premium of INR 29 529 Cr For more information please visit the company website at www maxlifeinsurance com ComeAsYouAre LGBTQIA and PwD candidates of all ages are encouraged to apply