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635 Tata AIA Life Insurance Jobs
Branch Manager - Agency Sales
Tata AIA Life Insurance
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Description
A Position Overview
Position Title
Branch Manager
Department
Business Associate Model
Level/ Band
401/Manager
Role Summary:
- 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
B Organizational Relationships
Reports To
Cluster Head
Supervises
Business Associates Managers
C Job Dimensions
Geographic Area Covered
Internal Stakeholders
Business Associates Managers
Agency Sales Training
Branch Operations
Distribution Operations
External
Business Associates/Advisors/Customers
D Key Result Areas
Organization Process
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.
E 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
Essential
Desired
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.
G Incumbent Characteristics
Essential
Desired
Qualification
Graduate
PG / MBA
Experience
7 -10 years Sales management in Life Insurance
Employment Type: Full Time, Permanent
Read full job descriptionTata AIA Life Insurance Interview Questions & Tips
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Top Tata AIA Life Insurance Branch Manager Interview Questions
Q1. What is the reason behind introduction of Loan secure products amongst lenders and Insurance companies.
asked in
Key Account Manager interview
Q2. Say about insurance, how will get income on this plans
asked in
Key Account Manager interview
Q3. What are tax benefits provided in LI?
asked in
Corporate Accounts Manager interview
What people at Tata AIA Life Insurance are saying
Rating based on 60 Branch Manager
reviews
Anonymous · Sales & Business Development
in Vadodara
Likes
Nice work palace
- Salary - Excellent
+6 more
Dislikes
Not any one dislike
Branch Manager salary at Tata AIA Life Insurance
reported by
156
employees
with 9-19
years exp.
₹5
L/yr - ₹17.6
L/yr
31%
more
than the average Branch Manager Salary in India
View more details
What Tata AIA Life Insurance employees are saying about work life
based on 3.2k employees
Flexible timing
Monday to Saturday
Within city
Day Shift
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 
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