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262 Axis Max Life Insurance Jobs

Deputy Regional Manager - IMF & New Growth Initiatives

10-12 years

Vadodara

1 vacancy

Deputy Regional Manager - IMF & New Growth Initiatives

Axis Max Life Insurance

posted 4hr ago

Job Role Insights

Flexible timing

Job Description

Drive the strategy to setup and develop the IMF & IM Channel in the Region through managing a team of Area Manager / Deputy Area Manager.
Key Responsibilities/ Key Deliverables
  • Understand the IMF regulation, value proposition & registration process
  • Develop and implement the IMF/IM acquisition plan
      • Identify potential sources for competition Agent and potential IMF/IM prospects
      • Evaluate and implement venue marketing/focus-group approaches to engage prospects
      • Coach and assist team in meetings with key prospects
      • Measure conversion of leads through effective pitch of IMF value proposition
  • Ensure quality of IMF s/IM s in sync with desired profile
  • Ensure enablers for IMF/IM setup of agreed prospects
      • Liaise with Max One to enable multiple licensing
      • Empanel & coordinate with CA s for setting up the new firms
      • Oversee technology support to enrolled IMF s
  • Ensure seamless contracting of IMF s/IM s with Max Life
  • Manage performance of setup IMF s/IM s in steady state
      • Implement a performance management and rewards system to manage IMF/IM profitability
      • Provide marketing, training and operational support to IMF s/IM s
      • Manage attrition of IMF s through revival or replacement
  • Build an effective and stable team
      • Ensure timely recruitment of team
      • Alignment with support functions (working with & through others)
      • Contribute to developing talent pool and leadership pipeline
      • Training & development of team
  • Drive quality of business sourced from IMF s/IM s
      • Ensure right product mix and control key quality measures such as leakage and persistency
  • Manage compliance and financial risks
Measures of Success
  • IMF Acquisition
  • Revenue
  • IMF Activity & Retention
  • Team Productivity
  • Team Retention
  • Quality of Business
Job Specifications
  • Educational Background Preferably a post graduate
  • Work Experience
  • At least 10 - 12 years of experience in Sales
  • Office Head profile of Agency in the current structure
  • At least 18 months in current role
Knowledge & Skill Matrix
  • Technical Skills
  • Behavioral Skills
  • Team Handling
Additional Information (Optional)
  • Key Relationships
  • Commercial Aspect
  • Cross Functional Skills

Employment Type: Full Time, Permanent

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What people at Axis Max Life Insurance are saying

4.3
 Rating based on 2 Deputy Regional Manager reviews

Likes

Culture and job security

  • Salary - Good
  • +6 more
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Promotion criteria

Read 2 Deputy Regional Manager reviews

Deputy Regional Manager salary at Axis Max Life Insurance

reported by 6 employees with 13-23 years exp.
₹16.5 L/yr - ₹18.5 L/yr
36% more than the average Deputy Regional Manager Salary in India
View more details

What Axis Max Life Insurance employees are saying about work life

based on 5.3k 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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