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4.1

based on 5.1k Reviews

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312 Max Life Insurance Jobs

Business Development Manager

4-6 years

₹ 4.5 - 6.5L/yr (AmbitionBox estimate)

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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.

Mumbai

1 vacancy

Business Development Manager

Max Life Insurance

posted 1y ago

Job Description

  • 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-onone 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 etc
  • with particular reference to Financial Executives / AAP model developed by the competitors
  • Execute plans for growth of the agency Identify, interview and select new leaders from market and by networking Ensure adherence to laid down sales and service standards for Financial Executives, Agency Associates and Agent Advisors
  • Conduct weekly performance review and planning (PRP) for team Ensur e retention of team by formulating their development plans, meeting their training needs and communicating with them on a regular basis
  • Handhold, develop and supervise Financial Executives, Agency Associates and Agents to meet plan and follow growth leadership practices
  • 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

Other Responsibilities:

  • HO co-ordination Sales promotion activities
  • Assist in overall running of the Office

Knowledge / Skills / Abilities:

  • Selling Skills Relationship
  • Building skills Coaching and Developing Team
  • Result Orientation
  • Resilience
  • Discipline
  • Demonstrating Adaptability

Minimum Education:

  • Minimum Graduation in any discipline, MBA will be an added advantage

Minimum and specific experience :

  • Overall experience of 4-6years
  • Preference will be given to candidates having man management experience
  • Should have minimum of 2 years of sales experience

Employment Type: Full Time, Permanent

Read full job description

Max Life Insurance Interview Questions & Tips

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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

3.9
 Rating based on 66 Business Development Manager reviews

Likes

It's ok for the beginner

Dislikes

So much politics in workplace

Read 66 reviews

Business Development Manager salary at Max Life Insurance

reported by 195 employees with 2-10 years exp.
₹2.2 L/yr - ₹7.2 L/yr
32% less than the average Business Development 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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