Assistant Manager
Found in: Talent IN C2 - 2 weeks ago
JobDescription
A Position Overview
Position Title
Business Associate Manager
Department
Business Associate Model – Agency Sales
Level/ Band
Assistant Manager / Manager
Role Summary:
Identify, recruitand build a team of business associates and advisors to drive businessobjectives on a month on month basis, as per the standards laid down by theorganization from time to time
B OrganizationalRelationships
Reports To
Branch Manager
Supervises
NA
C Job Dimensions
Geographic Area Covered
Defined Branch
Stakeholders Internal
Agency Sales Training
Branch Operations
Distribution Operations
External
BAs and Advisors
D Key Result Areas
-Recruit Business Associate and advisors
-Coordinate for the regulatory trainings
-Manage daily, weekly and monthly choreography
-Conduct daily, weekly and monthly Business Associate meetings
-Income and Goal setting exercise for the month
-Joint field work along with business associates and advisors to sourceinsurance policy
-Drive business submission and issuances
-Clearence of pending cases for documentation and medicals as a part ofthe issuance process
-Train distribution on getting higher first time right % submission
-Achieve monthly objectives and targets
-Motivate advisors and business associates for various contest and salesenablers
-Daily update about the status of business and applicability in contest
-Maintain healthy relationship with all stakeholders like customers anddistributors
-Work on opportunity of cross sell and upsell
-Focussed effort to drive renewal premium collection
E Competencies
Competencies
· Business Acumen ( Ability to alignwith the organization's vision with a fair understanding of the insuranceindustry, regulations, and the agency business model in order to deliver monthon month business objectives
Has a fair understandingof own role and utilizes required skills and knowledge in one's own area ofwork to meet targets. Has a fair knowledge about company and competitor'sproducts. Has a fair knowledge of the insurance industry, regulations andfinancial markets Understands the requirements of the customer and consumer tofacilitate need based selling and emphasize on selling solutions. Need todevelop fair understanding of BA model, leader compensation and Agentcommission.
· Building and Managing Relationships( Thecapability to identify, recruit and nurture, business associates and advisorsand then maintain relationships with various stakeholders (internal andexternal) to achieve the desirable outcomes )
Empathizes and supports distributionevery possible way and drive them for higher productivities by managing theirchoreography and other engagement methods. .Responds to queries fromdistributors and internal customers and keeps superiors informed about ownactions and their context. Builds and maintains healthy relations with thedistributors and internal customers to ensure seamless execution .
· Drive for Results and Agility( Buildingan achievement orientation, with extraordinary levels of energy and effortswhile being accountable for one's actions and decisions in an agile environment )
Reviews performanceagainst goals and takes effective action to achieve them. Synergizes highperformance oriented systems and processes to yield the desired results withagility. Sets clear expectations with the team to deliver performance orientedgoals. Communicates consistently with the team of business associates andadvisors motivates them for achievement of monthly objectives, increaseparticipation in company initiatives, monthly, weekly and daily choreographyetc. .
F Skills Required
Technical
§Good Knowledge of MS Office / MS Excel
Behavioral
Essential
Desired
Drive for result (achievement of targets)
·
Communication skills
·
Creative thinking skills
·
Teamwork Skills
·
Influencing skills
·
Relationship Building skills
·
G Incumbent Characteristics
Essential
Desired
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