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5 Pramerica Life Insurance Sales Manager Jobs

Sales Manager- Agency Channel

1-6 years

₹ 2.05 - 4.5L/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.

Bhubaneswar, Agartala, Dhanbad

Sales Manager- Agency Channel

Pramerica Life Insurance

posted 1d ago

Job Role Insights

Fixed timing

Job Description

Position Summary:


Help build long term valuable Agency business by recruiting and developing the right Life Advisors- Protection, who are distinguished by meaning and purpose to protect. Achieving business targets through retail distribution and by finding, winning & retaining customers.

Key Responsibilities:


Recruitment of right Life advisors:

Recruiting the right Life Protection advisors (LAs) who are distinguished by meaning & purpose to protect meeting ideal LA specifications

Develop various sources of LA hiring, including Conducting local activities & passionately promoting Agency as a career.

Coaching, developing and supporting Life advisors:

Ensuring that the new LAs pass IRDA exam and have good Company & product knowledge.

Coach LAs on how to generate leads (prospecting); how to take appointments/ follow up on the leads etc.

Joint field calls (JFC) and demonstration on the field to LAs- to ensure that they develop sound prospecting habits, calling habits and work habits.

Continuously working with LAs in the field to enable them to see initial success and subsequently engage, motivate and develop them to do better- through providing timely feedback.

Coach LAs on the importance of quality of advise and quality of sales

Meet Business Targets:

Achievement of monthly, quarterly & yearly business plans

Plan and complete at least 3 genuine sales/ recrt calls every day & update the same on Mobile rock .

Maintain LA productivity as per business plan

For guidance, supervision and control over the distributor ( Agent /IM ) under his/ her hierarchy in respect to their life insurance business.

For the quality of life insurance policies sourced by the distributor ( Agent /IM) under his/ her hierarchy.

Vicariously responsible for all the acts of omission and commission by the distributor (Agent /IM ) under his/ her hierarchy.

Develop a strong local reputation for quality of advice and business:

Ensuring business is done in an ethical and honest manner which is in compliance to the IRDA norms

Ensuring high quality of Advice and Sales through a strong Mindset of Quality, Customer centricity & Protection orientation.

Implementation of DPLI work processes and adhere to the business norms

  1. Person Specification:

Ideal Profile:

A local native. (Mandatory). Preferably > 3-5 years

2. Should have ~ 3 years of sales experience (Preferably Non-LI Industry). If from Industry, should not have worked for more than 1-2 Life Insurance Companies as a Sales Manager. Should have stable performance track record- more than 1 year as SM in the alst job

3. Minimum Graduation (Any discipline).

4. Should have own conveyance

5. Female candidates will be preferred

Negative Profiles :

Having worked with more than 2 LI companies as SM in Agency Channel. (Having worked as LA or any other distribution Channel is OK.)

Unstable/ Patchy career-Too many job changes of less than 6 months, which are not justifiable. (last 2 jobs/ 3 years) Justifiable cases (Channel/ branch closure/ transfer etc. are acceptable)

Competencies and values:

1. Right attitudes and habits- Discipline & Hard Work

2. Sales Ability

3. Communication

4. Planning & Coaching

5. Sensitivity to customers needs; care and service attitude

6. Values : Customer Focus, Trustworthiness, Mutual respect and winning


Employment Type: Full Time, Permanent

Read full job description

Pramerica Life Insurance Interview Questions & Tips

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What Sales Manager at Pramerica Life Insurance are saying

3.9
 Rating based on 54 Sales Manager reviews

Likes

Peace of mind (work culture)

  • Salary - Good
  • +2 more
Dislikes

Appraisal and increment should be done annually

  • Promotions - Bad
Read 54 Sales Manager reviews

Sales Manager salary at Pramerica Life Insurance

reported by 165 employees
₹2 L/yr - ₹4.7 L/yr
53% less than the average Sales Manager Salary in India
View more details

What Pramerica Life Insurance employees are saying about work life

based on 764 employees
52%
70%
46%
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

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