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4.1

based on 5.1k Reviews

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295 Max Life Insurance Jobs

Regional Manager - Business Banking & Emerging Verticals

12-14 years

Lucknow

1 vacancy

Regional Manager - Business Banking & Emerging Verticals

Max Life Insurance

posted 7d ago

Job Description

Career Opportunities
Position
AVP - Bancassurance (Yes Bank)
No. of Positions
1
Department
Bancassurance
Function
Bancassurance YBL - Sales
Reporting to
ZVP- Bancassurance
Band
3
Location
Mumbai
KEY RESPONSIBILITIES
  • Will be responsible for the Bancassurance (YBL) partnership in Mumbai.
  • Create and maintain engagement with regional managers /branch managers and other key Yes Bank Head Office / Management Team members
  • Lead a team of Sales Executives (Relationship Associates and Associate Sales Managers and Centre Managers) and monitor their input/output activity and ensure lead generation through various sources
  • Increasing insurance awareness and product penetration among Yes Bank s customers
  • Increasing insurance penetration among Yes Bank staff members
  • Suggest sizzlers and R&R platforms for Yes Bank s employees who provide prospect leads as well as for MAX LIFE s dedicated sales team
  • Suggest product synergies and capture Yes Bank s various customer touch-points for insurance sales opportunities
  • Provide accurate and timely competitor updates/best practices
MEASURES OF SUCCESS
Business Plan-
Adj MFYP (Rs.) - Plan v/s Actual
Activation Plan -
Seller Activation (%) - Plan Vs Actual
Collections-
15th month Persistency (%) - >75%
Sales process Adherence-
1.Implementation of CRM
2.Governance Rhythm
3.Business Leakage & complaints
Effective Management of People
  1. Talent Retention - 70%
  2. G2M2 retention - >90%.
  3. Engagement Score - 85%
Customer centricity and satisfaction-
Effective Management of Customer
As per Plan
Key Relationships (Internal /External)
  1. Distribution leaders
  2. HR Team
  3. Training Team
  4. Planning & Analytics Team
  5. Yes Bank Management & Sales Team
Key competencies/skills required
Relationship Management, Leading people, Effective Management of Process
DESIRED QUALIFICATIONS AND EXPERIENCE
  • Graduate / Post Graduate in Sales / Marketing
  • 12-14 yrs of overall exp. in sales with a minimum of 8-9 yrs combined work experience in the fields of Life insurance sales management, Retail bank distribution, and Channel Management and/or DSA relationship.

Employment Type: Full Time, Permanent

Read full job description

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People are getting interviews at Max Life Insurance through

(based on 196 Max Life Insurance interviews)
Job Portal
Referral
Walkin
Recruitment Consultant
Company Website
Campus Placement
30%
25%
9%
5%
3%
2%
26% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

What people at Max Life Insurance are saying

4.1
 Rating based on 21 Regional Manager reviews

Likes

Very good company to work.. very employees centric..

Dislikes

Supervisor behaviour are very rude and HR team need to strong on it

Read 21 reviews

Regional Manager salary at Max Life Insurance

reported by 74 employees with 11-21 years exp.
₹7.6 L/yr - ₹25.3 L/yr
13% more than the average Regional Manager Salary in India
View more details

What Max Life Insurance employees are saying about work life

based on 5.1k employees
52%
46%
54%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

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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