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5 SBI Life Insurance Company Jobs

SBI Life - Development Manager (5-7 yrs)

5-7 years

SBI Life - Development Manager (5-7 yrs)

SBI Life Insurance Company

posted 1mon ago

Job Role Insights

Fixed timing

Job Description

Key Responsibilities:

- Lead, manage, and mentor a team of development officers to achieve sales and operational targets.

- Conduct regular training sessions to enhance the team's knowledge of life insurance products and effective sales strategies.

- Ensure that development activities align with organizational goals and regulatory requirements.

- Plan, coordinate, and oversee multiple development projects to ensure timely delivery.

- Manage project timelines and ensure that all milestones are met without compromising quality.

- Identify risks and create mitigation plans to address challenges proactively.

- Allocate resources effectively across development initiatives to maximize efficiency.

- Work closely with cross-functional teams, including sales, marketing, and operations, to streamline processes and achieve project goals.

- Identify and capitalize on new market opportunities to expand the company's reach and enhance its portfolio.

- Establish and nurture relationships with key stakeholders, including agents, brokers, and corporate clients, to drive business growth.

- Collaborate with the marketing team to design and implement campaigns that promote SBI Life Insurance's products and services.

- Monitor and analyze performance metrics to assess team productivity and project success.

- Prepare and present detailed progress reports to senior management, offering insights and recommendations for continuous improvement.

Qualifications and Skills:

Education:

- Master's degree in Business Administration, Management, Finance, or a related field.

- Minimum 5-7 years of experience in the life insurance or financial services industry, with at least 3 years in a managerial role.

- Proven track record of managing teams and delivering successful development projects.

- In-depth knowledge of life insurance products, sales strategies, and industry regulations.

- Strong project management skills with the ability to manage multiple priorities simultaneously.

- Proficiency in using CRM tools, project management software, and Microsoft Office Suite.

- Excellent communication, negotiation, and leadership skills.

- Results-driven with a strategic mindset.

- Strong problem-solving abilities and decision-making skills.

- Adaptable and able to thrive in a fast-paced environment.

- Ability to motivate and inspire teams to exceed performance expectations.


Functional Areas: Other

Read full job description

SBI Life Insurance Company Interview Questions & Tips

Prepare for SBI Life Insurance Company Development Manager roles with real interview advice

Top SBI Life Insurance Company Development Manager Interview Questions

Q1. What do you know aboute local market business potential.
Q2. What do you know about life insurance.
Q3. How do you sell a comb to a bold man
View all 76 questions

What people at SBI Life Insurance Company are saying

3.9
 Rating based on 178 Development Manager reviews

Likes

I don't have to go to the daily office because I always have business calls with our LMs, Also the Attendance is done by giving the Work Location, which means you don't have to go to the Office to give the Attendance

  • Skill development - Excellent
  • +2 more
Dislikes

The worst thing is that after working in the field all day, the Manager will call the Branch'ot for a meeting in the evening,Such incidents happen 6,7 days a month.I also get angry when the manager keeps calling me every hour while I am working in the field,Sometimes I'm on a call with LM or riding a bike and I get cursed if I don't..Read More

  • Job security - Poor
Read 178 Development Manager reviews

Development Manager salary at SBI Life Insurance Company

reported by 335 employees
₹1.8 L/yr - ₹4.5 L/yr
75% less than the average Development Manager Salary in India
View more details

What SBI Life Insurance Company employees are saying about work life

based on 3.8k employees
51%
54%
57%
99%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

SBI Life Insurance Company Benefits

Health Insurance
Job Training
Soft Skill Training
Team Outings
Free Transport
Education Assistance +6 more
View more benefits

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SBI Life Insurance Company Mumbai Office Location

View all
Mumbai Office
Headquarter
SBI Life Insurance, M.V. Road & Western Express Highway Junction,Andheri (East) Mumbai
Maharashtra 400069

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