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4.1

based on 5.4k Reviews

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7 Axis Max Life Insurance Business Development Manager Jobs

Business Development Manager

Max Life Insurance Company Limited

 · 

4.1

 based on 5.4k Reviews

6-10 years

New Delhi

1 vacancy

Business Development Manager

Axis Max Life Insurance

posted 4hr ago

Job Role Insights

Flexible timing

Key skills for the job

Customer Support IRDA Financial Services CCTV Monitoring Human Capital Management Sales Process

+ 1 more

Job Description

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
  1. Resolving policy service need
  2. 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

Employment Type: Full Time, Permanent

Read full job description

Axis Max Life Insurance Interview Questions & Tips

Prepare for Axis Max Life Insurance Business Development Manager roles with real interview advice

What Business Development Manager at Axis Max Life Insurance are saying

4.2
 Rating based on 67 Business Development Manager reviews

Likes

Support and career path, job security

  • Salary - Good
    • +5 more
Dislikes

Work life balance- no holiday.. 7 days working and reporting start from 7am till midnight

  • Work-life balance - Bad
Read 67 Business Development Manager reviews

Business Development Manager salary at Axis Max Life Insurance

reported by 207 employees with 2-12 years exp.
₹2.2 L/yr - ₹7.5 L/yr
30% less than the average Business Development Manager Salary in India
View more details

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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