Regional Manager for Insurance

1 day ago

LUCKNOWGOMTI NAGAR, India Muthoot Fincorp Limited Full time ₹ 15,00,000 - ₹ 25,00,000 per year

REGIONAL MANAGER - INSURANCE

The Regional Manager role shall lead development and operations within the respective region assigned, driving revenue growth and market expansion for the insurance products offered by Muthoot FinCorp. The primary responsibilities include overseeing sales teams, nurturing client relationships, ensuring compliance, analyzing market trends, and collaborating cross-functionally to achieve sales targets. This role demands strong leadership, sales acumen, market insights, and a commitment to delivering exceptional customer service while adhering to regulatory standards in the dynamic insurance landscape of India.

Reporting to :- National Head - Insurance

  • Geographical Coverage – 45 to 60 branches

KEY RESPONSIBILITIES

Expansion, growth, and development

  • Recruit, train, and manage a team of Sales Managers within the region; provide necessary guidance and training to achieve business objectives.
  • Develop and execute effective sales/business development strategies to meet targets and expand the customer base within MFL branches of the assigned region.
  • Setting sales targets for the team and monitoring their progress, taking corrective actions when necessary to ensure objectives are met.
  • Evaluate the effectiveness of sales strategies and make necessary adjustments.
  • Drive customer satisfaction and retention initiatives within the region.

Align product and marketing strategies to the developmental objectives of the Region

  • Conducting market research and competitor analysis to identify opportunities for growth, staying updated on industry trends, and reporting findings to higher management.
  • Collaborate with marketing teams to design and execute promotional campaigns.
  • Stay updated on industry trends, products, and developments in the insurance sector.
  • Represent the company at industry events, conferences, and networking opportunities to enhance brand visibility.

Compliance, Reporting and Financials

  • Ensure compliance with regulatory requirements and company policies in all sales activities.
  • Generating reports on sales activities, revenue, expenses, and other relevant metrics for review by management.
  • Regularly evaluating the team's performance, providing feedback, and implementing strategies for improvement.
  • Manage budgets, expenses, and revenue forecasts for the Region.

Stakeholder Management

  • Drive initiatives to increase lead generation and/or conversion from the retail business team.
  • Train, mentor, and coach the branch business employees on various products, processes, and procedures for increasing sales performance.
  • Resolving customer complaints and issues promptly, maintaining a high level of customer satisfaction.
  • Coordinating with other departments such as marketing and claims to enhance overall business operations.

  • Insurance Sales Executive

    2 weeks ago

    Gomti Nagar, Lucknow, India Axis Max Life Insurance Full time ₹ 2,50,000 - ₹ 4,80,000 per year

    Insurance Sales Executive Location -Lucknow Gomti Nagar Lucknow Aliganj Lucknow Alam Bagh Education: Graduate (Must) Experience: Minimum 1 years of sales experience Age: 23 to 40 years Other Requirements: Must be a local resident of Lucknow Must own a two-wheeler / carCoordinate between clients and advisors for policy explanations and...

  • Regional Sales Manager

    1 day ago

    Lucknow, Uttar Pradesh, India Bajaj General Insurance Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Business strategy and planningUnderstanding the market within the region to identify potential partners and creating new business opportunities by pitching and liaising with them.Monitoring loss ratios and recommending counter measures for profitable growth.Supporting the team by providing inputs and monitoring team productivity on a regular basis to ensure...

  • Regional Sales Manager

    2 weeks ago

    Lucknow, Uttar Pradesh, India Bajaj Allianz Life Insurance Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    Regional Sales Manager Description Business strategy and planningUnderstanding the market within the region to identify potential partners and creating new business opportunities by pitching and liaising with them. Monitoring loss ratios and recommending counter measures for profitable growth. Supporting the team by providing inputs and monitoring...

  • Insurance Operations Executive

    1 week ago

    Lucknow, Uttar Pradesh, India Coverfox Insurance Broking Full time ₹ 1,80,000 - ₹ 2,40,000 per year

    About the RoleWe are looking for detail-oriented and proactive Insurance Operations Executive to join our team. The role involves managing end-to-end insurance processing, from generating quotes to maintaining accurate records and ensuring timely issuance.Key ResponsibilitiesGenerate insurance quotes through portals based on requirements.Update and maintain...

  • Insurance Advisor

    7 days ago

    Lucknow, India Bajaj Allianz Life Insurance Full time

    Exp Level : 0 to 2 Years Description of work in BALIC: - Need to have IRDA Certification, Else need to pass the IRDA Exam (IC-38) - Responsible for business assignment completion (10% Sales + 90% Team building, leading process drives), and lead conversion to products. - Responsible for branch activation & lead generator (LG) activation through regular...

  • Regional Manager

    2 weeks ago

    Lucknow, Uttar Pradesh, India Anu Products Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Regional Manager Eastern Uttar PradeshBase Location: LucknowANU is hiring a seasoned Regional Manager (RM) to lead sales operations in Eastern UP. This role requires 1015 years of strong experience in agrochemicals, pesticides, or fertilizers, with expertise in driving sales growth, distributor management, and market expansion.Key ResponsibilitiesDevelop and...

  • Regional Sales Manager

    6 days ago

    Lucknow, India Biotech Healthcare Full time

    Job Title: Regional Sales Manager Division: Ophthalmology Specialty: Surgical (Intraocular Lens Portfolio) HQ: Lucknow Experience Required: 12–17 Years Preferred Industry Background: Ophthalmic Surgical / Ophthalmic Pharma Role Objective: - A key objective of this position is to achieve the revenue targets, manage and lead the assigned region, provide...

  • Regional sales manager

    6 days ago

    Lucknow, India Biotech Healthcare Full time

    Job Title: Regional Sales Manager Division: Ophthalmology Specialty: Surgical (Intraocular Lens Portfolio) HQ: Lucknow Experience Required: 12–17 Years Preferred Industry Background: Ophthalmic Surgical / Ophthalmic Pharma Role Objective: A key objective of this position is to achieve the revenue targets, manage and lead the assigned region, provide...

  • Regional Sales Manager

    5 days ago

    Lucknow, India Biotech Healthcare Full time

    Job Title: Regional Sales Manager Division: Ophthalmology Specialty: Surgical (Intraocular Lens Portfolio) HQ: Lucknow Experience Required: 12–17 Years Preferred Industry Background: Ophthalmic Surgical / Ophthalmic Pharma Role Objective: A key objective of this position is to achieve the revenue targets, manage and lead the assigned region, provide...

  • Regional Sales Manager

    4 days ago

    Lucknow, India Biotech Healthcare Full time

    Job Title: Regional Sales Manager Division: Ophthalmology Specialty: Surgical (Intraocular Lens Portfolio) HQ: Lucknow Experience Required: 12–17 Years Preferred Industry Background: Ophthalmic Surgical / Ophthalmic Pharma Role Objective: A key objective of this position is to achieve the revenue targets, manage and lead the assigned region, provide...