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HDFC Life - VP - Bancassurance (12-15 yrs)

12-15 years

HDFC Life - VP - Bancassurance (12-15 yrs)

HDFC Life

posted 1d ago

Job Role Insights

Fixed timing

Job Description

Job Description:


Achieve Sales Budget:

- Achieve business plan for the region.

- Annual / monthly sales budget for the region

- Planning to consider macro factors and past trend analysis.

- Periodic review and course correction of sales plans to incorporate organizational / regulatory changes if any.

- Forecasting channel's target achievement and input management for achievement of business objectives.

- Competition Tracking.

- Best Practices.

- Provide inputs to channel partner on improvement of productivity and development.

- Complete manpower planning of the region.

Business Delivery:

- Enabling sales team to achieve targets through regular analytics and relationship inputs, through sales management tools viz. Leads tracking, conversion, adequacy etc.

- Analytics on Lead Tracking System and Sales process management.

- Continuous interaction with stake holders to facilitate business.

Sales Development:

- Drive reward & recognition programs for channel partner to increase sales and build distribution.

- MIS on multiple strategic business inputs / initiatives for the HDFC Life sales team to drive the same along with channel partners' distribution team.

- Planning and ensuring high activity amongst the partner's distribution network.


Functional Areas: Other

Read full job description

Prepare for Vice President roles with real interview advice

Top HDFC Life Vice President Interview Questions

Q1. Types of Insurances, Why insurance is important? What do you mean by shares? What is stock market?
Q2. What do you know about life insurance? How u will deal with customer? Ready a prospect lost
Q3. What do you know about insurance?
View all 173 questions

What people at HDFC Life are saying

1.8
 Rating based on 2 Vice President reviews

Likes

Nothing - there is no freedom, culture is pathetic and very bureaucratic, no scope for growth

Dislikes

Many in the list - there is no scope for growth and to work with freedom

  • Skill development - Bad
  • +4 more
Read 2 Vice President reviews

Vice President salary at HDFC Life

reported by 39 employees with 12-27 years exp.
₹26 L/yr - ₹72 L/yr
At par with the average Vice President Salary in India
View more details

What HDFC Life employees are saying about work life

based on 9.1k employees
53%
80%
59%
99%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

HDFC Life Benefits

Submitted by Company
Flexible Work Environment
Health Insurance
Parental Leave
Retirement Benefits
Submitted by Employees
Job Training
Health Insurance
Soft Skill Training
Work From Home
Team Outings
Cafeteria +6 more
View more benefits

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ICICI Lombard General Insurance Company

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HDFC Life Mumbai Office Locations

View all
Mumbai Office
Headquarter
HDFC Life, 12 & 13th Floor, Lodha Excellus, Apollo Mills Compound, NM Joshi Marg, Mahalaxmi Mumbai
Maharashtra 400011
Mumbai Office
Gala No 1 To 5, Ground Floor, Sgs House, Near, Powai Telephone Exchange, Gandhi Nagar, Vikhroli Mumbai
Maharashtra 400079

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