Upload Button Icon Add office photos
filter salaries All Filters

615 Tata AIA Life Insurance Jobs

Manager - Agency Business Associates

7-10 years

Pune

1 vacancy

Manager - Agency Business Associates

Tata AIA Life Insurance

posted 3mon ago

Job Description

  • Responsible for achieving business targets for the branch through building a sustainable and productive distribution force.
  • Manage smooth business functioning, and successful implementation of various tactical and strategic business initiatives as other key responsibilities.
  • Effective management of sales managers in the office leading to creation of a cohesive business unit along with other functional representatives in the branch to create a robust and successful business unit.
  • Manage team of business associate manager and business associates
  • Drive distribution engagement through choreography and training
  • Work on cross sell and upsell campaigns and drive distribution for maximizing sales
  • Ability to track local competition and align monthly business activities to achieve sales objectives
  • Drive productivities of emplyees and distribution
 
Key Contributions

Strategic Business Development

  • Identify potential catchments areas and develop distribution in them
  • Build Distribution through business associates

Business Development

  • Drive recruitment of BAs through the BAMs
  • Drive recruitment initiatives through activities and through BAs Drive Growth in Distribution through NAAFs, NLAs and New BAs
  • Drive growth in business through Agent Activity, Case Size and Case Rate of the branches individually and the Region as a whole

Team Management

  • Coach, Train and support the reporting Managers
  • Monitor and review their performance
  • Lead by example in all spheres and direction setting
  • Review and track the growth of managers to ensure that they achieve their individual budget
  • Maintain utmost levels of responsiveness to requirements from the Cluster Head/ DOAs and National Head

Ensure Compliance

  • Ensure compliance to internal sales process & other compliance standards

MIS & Reporting

  • Maintain required trackers & reports to be submitted to various stakeholders

Risk

  • Participate in risk mitigation plans, contingency planning, business continuity programs by executing and reporting within defined timelines. Highlight and recommend process gaps, flaws and process changes.

Skills Required

Technical
  • Product/Subject matter expertise
  • Team Management skills
  • Mentoring skills
  • Business perspective & planning
  • Performance Management skills
  • Insurance industry awareness
  • Interviewing skills
  • Self management
  • Problem solving skills
  • Peer level co-ordination and influencing skills
Behavioral
 
Interpersonal skills
Communication skills
Creative thinking skills
Supervising/Leadership skills
Teamwork Skills
Influencing skills
Relationship Building skills
Decision making skills

Competencies
  • Business Acumen and Strategic Orientation ( Ability to align with the organizations vision with a fair understanding of the insurance industry, regulations, financial markets and the agency business model in order to deliver profitable and sustainable business growth .)
  • Reviews and works towards productivity enhancement of the Business Associate Manager. Has an in-depth understanding of ones own and team goals and drives the team to achieve the desired targets. Demonstrates a good understanding and focuses on the profitability and viability of the branch through drive of profitable product mix.. Ensures and actively monitors the involvement of the branch employees in Choreography. Develop in-depth understanding of BA model, BA compensation and Agent commission.
  • Building and Managing Relationships ( The capability to initiate, nurture, maintain and manage business relationships with various stakeholders (internal and external) to achieve the desirable outcomes )
  • Directly conveys own thoughts on how things should be done and ensures subordinates feel comfortable to share their views. Shares relevant ideas/ information/views openly and directly and assumes different roles in a team to enable team performance. Effectively communicates and cascades various business initiatives to downline in order to drive business results. Sets boundaries for subordinates within which they decide the best course of action to meet customer needs. Builds and maintains effective relationships with high performing and capable distributors for business growth. Networks across geography and channels to expand distribution.
  • People Development ( Focus on identifying, developing, recognizing high potentials and building the high performing distribution in order to help individuals and teams, maximize their potential to achieve the business goals )
  • Gives team members opportunities to practice new skills and capabilities. Coaches based on developmental need of self, individuals and distribution. Is constantly in touch with team and distribution and effectively cascades key business highlights. Focus on development through structured choreography approach. Is able to adapt person -specific approach while dealing with various team members. Encourages recognition and rewards based on meritocracy and achievements.
  • Drive for Results and Agility ( Building an achievement orientation, with extraordinary levels of energy and efforts while being accountable for ones actions and decisions in an agile environment )
  • Reviews performance against goals and takes effective action to achieve them. Synergizes high performance oriented systems and processes to yield the desired results with agility. Sets clear expectations with the team to deliver performance oriented goals. Takes responsibility of ones own and teams decisions and actions. Communicates consistently with the team members and motivates team members for target achievement.
 
Qualification
Graduate
PG / MBA
Experience
7 -10 years Sales management in Life Insurance

Employment Type: Full Time, Permanent

Read full job description

Prepare for Business Associate roles with real interview advice

People are getting interviews at Tata AIA Life Insurance through

(based on 103 Tata AIA Life Insurance interviews)
Referral
Job Portal
Recruitment Consultant
Walkin
Company Website
Campus Placement
27%
25%
13%
9%
6%
5%
15% 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 Tata AIA Life Insurance are saying

4.6
 Rating based on 33 Business Associate reviews

Likes

This platform culture is very lucrative & learning/ skill development are so high. Most satisfaction & higher income opportunity in this platform .

Dislikes

This profession income are pay out . But I looking a job that is salary.

Read 33 reviews

Business Associate salary at Tata AIA Life Insurance

reported by 95 employees
₹1.5 L/yr - ₹9.2 L/yr
At par with the average Business Associate Salary in India
View more details

What Tata AIA Life Insurance employees are saying about work life

based on 3k employees
50%
64%
60%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Tata AIA Life Insurance Benefits

Submitted by Company
Job Training
Health Insurance
Soft Skill Training
Cafeteria
Submitted by Employees
Job Training
Health Insurance
Soft Skill Training
Work From Home
Team Outings
Free Transport +6 more
View more benefits

Compare Tata AIA Life Insurance with

ICICI Prudential Life Insurance

4.1
Compare

HDFC Life

4.0
Compare

SBI Life Insurance Company

3.8
Compare

Max Life Insurance

4.1
Compare

Bajaj Allianz Life Insurance

4.0
Compare

Reliance Nippon Life Insurance

3.7
Compare

Kotak Mahindara Life Insurance

3.8
Compare

Aditya Birla Sun Life Insurance

4.1
Compare

PNB MetLife

3.4
Compare

Life Insurance Corporation of India

4.4
Compare

ICICI Lombard General Insurance Company

3.7
Compare

HDFC Ergo General Insurance

4.0
Compare

Gallagher

3.8
Compare

Care Health Insurance

3.7
Compare

Star Health & Allied Insurance

3.8
Compare

SBI General Insurance

3.7
Compare

MetLife

4.3
Compare

Aditya Birla Health Insurance Co

3.9
Compare

Shriram Life Insurance

3.7
Compare

Principal Global Services

4.1
Compare

Similar Jobs for you

Branch Manager at Tata AIA Life Insurance Company Ltd.

Thiruvananthapuram

7-10 Yrs

₹ 2-6 LPA

Branch Manager at Tata AIA Life Insurance Company Ltd.

Dhule

7-10 Yrs

₹ 2-6 LPA

Branch Manager at Tata AIA Life Insurance Company Ltd.

Singrauli

7-10 Yrs

₹ 2-6 LPA

Assistant Manager at Tata AIA Life Insurance Company Ltd.

Hyderabad / Secunderabad

3-6 Yrs

₹ 5-6 LPA

Business Associate at Tata AIA Life Insurance Company Ltd.

Faridabad

7-12 Yrs

₹ 6-10 LPA

Territory Sales Manager at Tata AIA Life Insurance Company Ltd.

Amritsar

7-12 Yrs

₹ 9-14 LPA

Territory Sales Manager at Tata AIA Life Insurance Company Ltd.

Mandi

7-12 Yrs

₹ 9-14 LPA

Business Associate at Tata AIA Life Insurance Company Ltd.

Jaipur

7-12 Yrs

₹ 9-14 LPA

Business Associate at Tata AIA Life Insurance Company Ltd.

Kalburagi

7-12 Yrs

₹ 9-14 LPA

Business Associate at Tata AIA Life Insurance Company Ltd.

Kannur, Palakkad + 2

7-12 Yrs

₹ 5-9 LPA

Manager - Agency Business Associates

7-10 Yrs

Pune

3mon ago·via naukri.com

Key Account Manager - Axis Bank Branch Banking

1-3 Yrs

Palayamkottai

9hr ago·via naukri.com

Key Account Manager - Axis Bank Branch Banking

1-3 Yrs

Aravakurichi

9hr ago·via naukri.com

Key Account Manager - Axis Bank Branch Banking

1-3 Yrs

Jalalpore

9hr ago·via naukri.com

Key Account Manager - Axis Bank Branch Banking

1-3 Yrs

Chorasi

9hr ago·via naukri.com

Manager - Agency Business Associates

7-12 Yrs

Faridabad

9hr ago·via naukri.com

Key Account Manager - Axis Bank Branch Banking

1-3 Yrs

West Godavari

9hr ago·via naukri.com

Assistant Relationship Manager - LOY

0-3 Yrs

Coimbatore

9hr ago·via naukri.com

Key Account Manager - Axis Bank Branch Banking

1-3 Yrs

Rajahmundry

9hr ago·via naukri.com

Key Account Manager - Axis Bank Branch Banking

1-3 Yrs

Sangareddy

9hr ago·via naukri.com
write
Share an Interview