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1 Axis Max Life Insurance Area Manager Job

Area Manager - IMF & New Growth Initiatives

5-6 years

Bhubaneswar

1 vacancy

Area Manager - IMF & New Growth Initiatives

Axis Max Life Insurance

posted 21d ago

Job Description

 
  • Implement the strategy to setup and develop the IMF Channel in the designated territory. Setup and manage a pool of 10-15 Insurance Marketing Firms managing a revenue stream of around 2 cr.
Key Responsibilities/ Key Deliverables
  • Understand the IMF regulation, value proposition & registration process
  • Independently implement the IMF acquisition plan in the territory
      • Identify potential leads and sources for prospective IMF s, coordinate with HO for referred leads
      • Connect with prospects & organize seminars for IMF acquisition
      • Ensure conversion of leads through effective pitch of IMF value proposition
  • Ensure quality of IMF s in sync with desired profile
  • Enable the setup of IMF of agreed prospects
      • Understand all regulatory requirements and manage the IMF registration process with IRDA
      • Oversee technology support to enrolled IMF s
  • Ensure seamless contracting of IMF s with Max Life
  • Manage performance of setup IMF s in steady state
      • Develop understanding of products & coach IMF staff on product USP s
      • Implement a performance management and rewards system
      • Drive IMF profitability through improving productivity of IMF s sellers & controlling cost of sales
      • Provide marketing, training and operational support to IMF s
      • Manage attrition of IMF s through revival or replacement
  • Drive quality of business sourced from IMF s
      • Ensure right product mix and control key quality measures such as leakage and persistency
Measures of Success
  • IMF Acquisition
  • Revenue
  • IMF Activity & Retention
  • Quality of Business
Job Specifications
  • Educational Background Preferably a graduate
  • Work Experience At least 5-6 years of experience in Sales & Distribution, Key Account Management
Additional Information (Optional)
  • Key Relationships
  • Nature of the Role
  • Presence
  • Commercial Aspect
  • Cross Functional Skills

Employment Type: Full Time, Permanent

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What Area Manager at Axis Max Life Insurance are saying

4.5
 Rating based on 58 Area Manager reviews

Likes

It's was very good experience

  • Salary - Excellent
  • +6 more
Dislikes

Nothing to say any Worngly

Read 58 Area Manager reviews

Area Manager salary at Axis Max Life Insurance

reported by 278 employees with 6-17 years exp.
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₹4.2 L/yr - ₹16 L/yr
7% less than the average Area Manager Salary in India
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What Axis Max Life Insurance employees are saying about work life

based on 5.4k employees
52%
46%
54%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Axis Max Life Insurance Benefits

Job Training
Soft Skill Training
Health Insurance
Work From Home
Team Outings
Education Assistance +6 more
View more benefits

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Area Manager - IMF & New Growth Initiatives

5-6 Yrs

Bhubaneswar

21d ago·via naukri.com

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