Upload Button Icon Add office photos

Pramerica Life Insurance

Compare button icon Compare button icon Compare
filter salaries All Filters

117 Pramerica Life Insurance Jobs

Branch Manager

7-9 years

₹ 8 - 8L/yr (AmbitionBox estimate)

tooltip
This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Manglaur, Chennai

Branch Manager

Pramerica Life Insurance

posted 21d ago

Job Description

Job Title: Branch Head Office Head Agency Sales Channel

Purpose of the Job:
Achieve targeted business results in the Retail business through effective translation of the business strategy into Branch Plans. Provide leadership and motivation to the Branch team towards raising of performance standards, and be a valuable resource to the Company.

Key deliverables:
1. Distribution Deliverables
2. Business results
3. Resource Management
1. Operational Cost Management
2. People Development
4. Customer Relations Management
5. Adherence to regulatory and compliance norms.
Principal Accountabilities

1. Deliverables:
1. Plan and evaluate the effectiveness of Branch Operation Plans with specific focus towards product availability, distribution and activity management;
2. Facilitate the business planning and implementation process for the business with the Regional Manager
3. To be Role model in the Retail Channel on different parameters
2. Business Results
1. Ensuring alignment of volume and market share objectives for the retail business facilitate for PLIL products
2. Monitor and evaluate achievement of sales against expectation
3. Process
1. Streamlining and development of processes to ensure smooth management
2. Optimize cost across your business
3. Ensure service excellence through effective use of different training modules and selling skills program.
4. Resource Management
Operational Cost Management
1. Ensure cost efficiency in all aspects of Branch operations including fixed costs.
2. Drive efficiencies in onward distribution expenses and in branch support expenditure
3. Support the Companys Retail Strategy Plan.
People Development
1. Enable superlative performance standards through alignment of the team with the organizations objects.
2. Ensure clear communication of the overall strategies and drive ownership on all tasks expected to be performed by the Branch team
3. Develop Competencies of the team
4. Ensure implementation of the Development plans.
Customer Relationship Management
1. Interact regularly with the customers to ensure a committed and partnership based relationship
2. Review of selling arrangements
3. Ensure adequate focus to the business
7. Code of Conduct and Compliance of all Regulatory norms:
1. Ensure adherence of code of conduct by the entire Branch Team.
2. Conformation to all financial and administrative systems.
3. Ensure Compliance to all statutory & regulatory norms.
4. Ensure compliance with all the Branch norms set by PLIL.
Key Success Factors
1. Meet the Business objectives for the Branch.
2. Efficient administrative systems and process in place (Internal and external Audit)
3. Superior Quality Business Planning & Achievement of Sales Objectives.
4. Driving High Standard of Knowledge , Skills amongst team members.
5. Managing Branch Operations Underwriting Training Home office interface.
Key competencies
Behavioral competencies ( Ranked in order of importance to the job)
1. Building a successful team
2. Strategic Leadership
3. Result orientation.
4. Adaptability
5. Customer focus
6. Communication
Technical Skills ( Ranked in order of importance to the job)
1. Business Planning , Development & Forecasting
2. Company and product knowledge
3. Financial fundamentals
4. Training & Education
5. Competition Knowledge


Personal Profile :

Qualification and experience: MBA, with 4-6 years of work experience in Sales Development role. Experience in the life insurance industry in similar role in their domestic market is essential. Should have experience of leading a team of result oriented sales managers. This person should be a team player with exceptional leadership qualities. His communication skills and abilities to motivate his team should be high class.


Employment Type: Full Time, Permanent

Read full job description

Prepare for Branch Manager roles with real interview advice

Top Pramerica Life Insurance Branch Manager Interview Questions

Q1. What is surrender retention and how you are tackling the HNI clients??
Q2. What are the different types of Softwares are using to handle ??
Q3. 1.Introduction 2. Previouse experiance as a marketing agent off poultry food producted 3 how to sale a policy 4 how to create a need for nen ... read more
View all 15 questions

What people at Pramerica Life Insurance are saying

3.0
 Rating based on 9 Branch Manager reviews

Likes

Working for Defense

Dislikes

No fundamentals for working and hierarchy. No Job Security due to Immediate Supervisor, Seniors and Senior Leadership's unethical prectices and due to Lobby system.

  • Skill development - Poor
  • +5 more
Read 9 Branch Manager reviews

Branch Manager salary at Pramerica Life Insurance

reported by 21 employees with 6-19 years exp.
Lock Unlock
₹6.5 L/yr - ₹11 L/yr
9% less than the average Branch Manager Salary in India
View more details

What Pramerica Life Insurance employees are saying about work life

based on 762 employees
52%
71%
47%
97%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

Pramerica Life Insurance Benefits

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

Compare Pramerica Life Insurance with

ICICI Prudential Life Insurance

4.1
Compare

HDFC Life

4.0
Compare

SBI Life Insurance Company

3.8
Compare

Axis Max Life Insurance

4.1
Compare

Bajaj Allianz Life Insurance

4.0
Compare

Reliance Nippon Life Insurance

3.6
Compare

Tata AIA Life Insurance

4.0
Compare

Kotak Mahindara Life Insurance

3.7
Compare

Aditya Birla Sun Life Insurance

4.0
Compare

PNB MetLife

3.4
Compare

Cholamandalam MS General Insurance

3.8
Compare

Bharti AXA Life Insurance

3.9
Compare

Future Generali India Life Insurance

3.6
Compare

Medi Assist India

3.5
Compare

MetLife

4.2
Compare

Aditya Birla Health Insurance Co

3.9
Compare

IndiaFirst Life Insurance

3.9
Compare

Edelweiss Life Insurance

3.7
Compare

Shriram General Insurance

3.6
Compare

Aviva Life Insurance India

3.6
Compare

Similar Jobs for you

Branch Manager at ICICI Lombard

Moga

6-11 Yrs

₹ 6-8.5 LPA

Branch Manager at ICICI Lombard

Pathankot

6-11 Yrs

₹ 6-8.5 LPA

Branch Manager at ICICI Lombard

Rohtak

6-11 Yrs

₹ 6-8.5 LPA

Branch Manager at Axis Bank

Dhari, Jamnagar + 1

7-12 Yrs

₹ 6-15 LPA

Branch Manager at PRIME CAPITALS NIDHI LIMITED

Thiruvananthapuram

2-6 Yrs

₹ 4-6 LPA

Branch Manager at Aditya Birla Health Insurance (ABHICL)

Kolkata

1-6 Yrs

₹ 6-7.5 LPA

Branch Manager at Ujjivan Financial Services Pvt. Ltd.

Chengalpattu, Hosapete + 16

5-10 Yrs

₹ 4-8 LPA

Branch Manager at Icl Fincorp

Neyyattinkara, Thiruvananthapuram

5-10 Yrs

₹ 3-4.25 LPA

Branch Manager at Shri Lakshmi Steel Suppliers

Mysuru / Mysore

7-12 Yrs

₹ 5-8.5 LPA

Branch Manager at Viraat Industries

Coimbatore

3-7 Yrs

₹ 3-6.5 LPA

Branch Manager

7-9 Yrs

Manglaur, Chennai

21d ago·via naukri.com

Bancassurance Manager

1-6 Yrs

₹ 2 - 4.5L/yr

Mangaluru, Bangalore / Bengaluru

23hr ago·via naukri.com

Bancassurance Manager

1-5 Yrs

₹ 2 - 4.5L/yr

Mangaluru, Bangalore / Bengaluru

23hr ago·via naukri.com

Sales Manager- Agency Channel

1-6 Yrs

Bhubaneswar, Agartala, Dhanbad

8d ago·via naukri.com

Senior Executive - Compliance (Off-Role)

4-5 Yrs

₹ 3 - 6L/yr

Gurgaon / Gurugram

15d ago·via naukri.com

Sales Manager - Retail Life Insurance (NBFC Sales)

1-4 Yrs

Mumbai, Mp, Gujrat

17d ago·via naukri.com

Sales Manager- Defence

2-6 Yrs

Jalandhar, Firozpur, Amritsar

21d ago·via naukri.com

Sales Manager - PCHFL

1-2 Yrs

₹ 1 - 4.25L/yr

Bhopal, Indore

30d ago·via naukri.com

Branch Operations Executive

2-6 Yrs

₹ 2.5 - 3.25L/yr

Faridkot

30d ago·via naukri.com

Recently Viewed

REVIEWS

Wipro Digital

No Reviews

SALARIES

Wipro Digital

No Salaries

JOBS

Pramerica Life Insurance

No Jobs

SALARIES

Pramerica Life Insurance

No Salaries

SALARIES

Pramerica Life Insurance

REVIEWS

Wipro Digital

No Reviews

SALARIES

Pramerica Life Insurance

SALARIES

Pramerica Life Insurance

SALARIES

Pramerica Life Insurance

write
Share an Interview
How was your last interview experience?
Rate your experience using AmbitionBox
Terrible
Terrible
Poor
Poor
Average
Average
Good
Good
Excellent
Excellent