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Cluster Manager
Max Life Insurance
posted 5d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Manages a large cluster, collaborates with the objective to support and contribute to Axis bank strategy, achieve operations excellence, ensure systems are deployed and help build the channel WITHIN the company guidelines and the achieve business targets.
KEY RESPONSIBILITIES- - Relationship Management with the Axis Circle Head, Circle Business Managers, Segment Heads and Branch Heads With the advent of cluster formation relationship management with the Branch Heads in order to achieve business targets and builds a progressive partnership with the bank.
- Provide inputs to the CRM and make plans for achievement in order to support and contribute to Axis Bank Strategy.
- Periodic Analysis of the performance, Counsel and Mentor performance, Conduct Fortnightly PRPs with the RA and ASMs and Facilitate performance management.
- Co-create and implement recognition platforms in order to build a capable and motivated team in the AXIS Bank resources.
- Liaise with training team and circle trainer, ensuring product training departed to all sellers including Axis Bank resources.
- Daily updates in alignment with Axis Clusters of focused business parameters-Business Plan, Branch Seller Activation and persistency and thereby tracking the performance in all the vectors.
- Ensuring Branch visits to the top branches, whose %ge achievement on budget is lower than the smaller branches, and come out with the strategy.
- Deploy the BOLD system to own team and ensure that the system requirements are met in order to ensure that the relationship is productive and mutually beneficial and compliant with all regulatory requirements.
- Driving the Axis 2.0 Vision and ensuring the highest usage of LMS activity by the team.
- Deploy and monitor implementation specifically Bank staff contests/R&R in order to accelerate revenue generation with the Channel.
Measures of Success
Business Plan-
WPC (Rs.) - Plan v/s Actuals
OA Share-
Counter Share of MLI at Channel Partner s end
New SP Certification & Success
Persistency-
13th month Persistency (%) as per plan
25th month Persistency (%) as per plan
Retain Talent
Retention rate as per HR formula
Key competencies/skills required
Relationship, Leading people, Effective Management of Process
Desired qualification and experience-
- Master of Business Administration or equivalent.
- 3 to 5 years of experience in intensive Distribution, Channel Management, Prior experience in insurance essential.
- Result Orientation, Customer Centricity, Technical Expertise, Managerial Expertise, Problem Solving, Role Modeling Core Values.
Org Chart- NRH
ZVP
CRM & AVP
DCM/ CM/ ARM
RA/ ASM
Position
Cluster Manager
Incumbent Department
Axis
Function
Axis Sales
Reporting to
Circle Relationship Manager & AVP
Band
4
Location
XYZ
Team size (D/I)
12-15 DRs
JOB SUMMARY -
Manages a large cluster, collaborates with the objective to support and contribute to Axis bank strategy, achieve operations excellence, ensure systems are deployed and help build the channel WITHIN the company guidelines and the achieve business targets.
KEY RESPONSIBILITIES- - Relationship Management with the Axis Circle Head, Circle Business Managers, Segment Heads and Branch Heads With the advent of cluster formation relationship management with the Branch Heads in order to achieve business targets and builds a progressive partnership with the bank.
- Provide inputs to the CRM and make plans for achievement in order to support and contribute to Axis Bank Strategy.
- Periodic Analysis of the performance, Counsel and Mentor performance, Conduct Fortnightly PRPs with the RA and ASMs and Facilitate performance management.
- Co-create and implement recognition platforms in order to build a capable and motivated team in the AXIS Bank resources.
- Liaise with training team and circle trainer, ensuring product training departed to all sellers including Axis Bank resources.
- Daily updates in alignment with Axis Clusters of focused business parameters-Business Plan, Branch Seller Activation and persistency and thereby tracking the performance in all the vectors.
- Ensuring Branch visits to the top branches, whose %ge achievement on budget is lower than the smaller branches, and come out with the strategy.
- Deploy the BOLD system to own team and ensure that the system requirements are met in order to ensure that the relationship is productive and mutually beneficial and compliant with all regulatory requirements.
- Driving the Axis 2.0 Vision and ensuring the highest usage of LMS activity by the team.
- Deploy and monitor implementation specifically Bank staff contests/R&R in order to accelerate revenue generation with the Channel.
Measures of Success
Business Plan-
WPC (Rs.) - Plan v/s Actuals
OA Share-
Counter Share of MLI at Channel Partner s end
New SP Certification & Success
Persistency-
13th month Persistency (%) as per plan
25th month Persistency (%) as per plan
Retain Talent
Retention rate as per HR formula
Key competencies/skills required
Relationship, Leading people, Effective Management of Process
Desired qualification and experience-
- Master of Business Administration or equivalent.
- 3 to 5 years of experience in intensive Distribution, Channel Management, Prior experience in insurance essential.
- Result Orientation, Customer Centricity, Technical Expertise, Managerial Expertise, Problem Solving, Role Modeling Core Values.
Org Chart- NRH
ZVP
CRM & AVP
DCM/ CM/ ARM
RA/ ASM
Employment Type: Full Time, Permanent
Read full job descriptionMax Life Insurance Interview Questions & Tips
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What people at Max Life Insurance are saying
Rating based on 44 Cluster Manager
reviews
Anonymous · Finance & Accounting
in New Delhi
Likes
Don't go with Elite channel, no data at all. I was asked to resign within 3 months of joining By CHANNEL HEAD AND RH
Dislikes
Zero job security in Elite, not even HR will support you
- Skill development - Bad
+5 more
Cluster Manager salary at Max Life Insurance
reported by
182
employees
with 6-15
years exp.
₹4.8
L/yr - ₹14
L/yr
11%
more
than the average Cluster Manager Salary in India
View more details
What Max Life Insurance employees are saying about work life
based on 5.3k employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Max Life Insurance Benefits
Job Training 
Soft Skill Training 
Health Insurance 
Work From Home 
Team Outings 
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