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864 Tata AIA Life Insurance Jobs

Sales Manager - DSF Non Sourcing

5-7 years

₹ 4.25 - 7.5L/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.

Bangalore / Bengaluru

1 vacancy

Sales Manager - DSF Non Sourcing

Tata AIA Life Insurance

posted 2mon ago

Job Description

JOB DESCRIPTION
A Position Overview
Position Title
Sales Manager
Department
Direct Distribution - DSF
Level/Band
301 - Assistant Manager
Role Summary: Achieve FYP targets through regular visits to the assigned branches relationship building with the team, Training of the sales team, Arrange various contests events for the sales team as well as the customers.
B Organizational Relationships
Reports To
Area Manager
Supervises
WPOs (5 to 6)
C Job Dimensions
Geographic Area Covered
Clusters as defined in Zone structure
Stakeholders Internal
Operations, Distribution Operations, FA
External
Customers
D Key Result Areas
Sales Management
Set targets for the team review their performance on regular basis
Initial grooming of the sales teams in presentation / selling skillsproducts
Make joint calls with sales team , if required during the initial months
Accompany the sales team on calls with high-ticket clients
Set sales strategies for the team and follow up with to ensure the team achieves their targets
Monitor WPOs lead conversion ratio and ensure the same is as per the Business Plan
Ensure the WPOs updates the lead management system
Team Management
Analyze the productivity of WPOs to ensure they are delivering as per expectations
Track business on a daily basis provide feedback to the WPOs as well as to the senior management
Drive the various contests being held for the channel and motivate the team to perform better
Ensure that the high performers are suitably rewarded kept motivated
Counsel the low performers to assess the reasons for low productivity
Provide operational support
Check policy issuance track the progress through every stage of the policy
Co-ordinate with the team to resolve pending requirements.
To be well informed on underwriting guidelines and other operations processes and share the same with the team membersby conducting workshops
Educate the WPOs on the importance of compliance and ensure the same is being adhered to in a day to day business
MIS Reporting
Prepare Business MIS and share the same with Senior Management
Analyze the daily business nos. on submission/ issuance and pending and provide feedback to the WPO team
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 Competency
Competency For
Sales Manager
Proficiency Scale
Proficiency Scale Description
Consumer Focus
Understands the consumer life cycle, makes him/her feel valued and provides a value proposition suitable to the customer and
make him/ her a brand ambassador by making use of functional knowledge and expertise
4
Is aware of the all latest offerings available in the market place and uses
that information to create an environment where team/s are empowered to put consumers first. Organizes processes around consumer needs by taking into account the complex and sensitive information to meet their long term needs.
Implements feedback system to improve consumer experiences at each touch point. Acts as a catalyst to backend support, service team and product teams to create more consumer focused product / services
Building and
Managing Relationships
Collaborating with key stakeholders and team
members to build positive working relationships based on confidence, trust and sensitivity to facilitate the accomplishment of common work/ business goals.
4
Proactively seeks out to identify and establish relationships which might be crucial for achieving long term success. Builds strong alliances with intra department colleagues / stakeholders that would support his/her team achieve business results. Takes efforts to ensure that key contacts and networks also find
it beneficial to maintain relationships. Encourages own team members to build nurturing relationships
Effective Communication
Able to communicate accurately and concisely with various stakeholders by adapting communication methods based on situation and well reasoned arguments to convince and persuade stakeholder to achieve win-win situations
4
Creates an environment where team/s are encouraged and developed to enable them to communicate effectively with consumers and stake holders. Facilitates the understanding of complex messages to teams and stake holders by using appropriate communication techniques and ensures that the team is well versed with the skills and tools required to effectively communicate to various stake holders. Encourages the team to follow best sales communication practices adapted from similar line of business and sets them up for success.
Taking Ownership
Achieves results by taking responsibility proactively and by making timely decisions with
speed urgency
4
Proactively sets stretched targets for team and empower/motivate them to achieve the same. Takes responsibility for self and team s productivity even under testing situations. Recognizes ways of improving team productivity and customer service standards and makes critical decisions which has an
impact on improving them. Understands how to divert teams effort in achieving broad business objectives/targets and consistently drives them for results.
People Management
Develop and manages individuals and team performances through constructive feedback, coaching and mentoring .
4
Creates a collaborative environment and continuously motivates The team to work together. Empathizes and maintains an on-going two way communication
With team members. Makes team members understand criticality of their contribution to the team s success and facilitates understanding of
Interdependencies among roles. Advices and coaches others by sharing experiences and Discussing how to handle current or anticipated concerns.
F Skills Required
Technical
Product/ Subject matter expertise
Team management skills
Business perspective planning
Insurance industry awareness
Problem solving skills
Presentation skills
Behavioral
Essential
Desired
Interpersonal skills
Communication skills
Creative thinking skills
Supervising/Leadership skills
Teamwork Skills
Influencing skills
Relationship Building skills
Decision making skills
G Incumbent Characteristics
Essential
Desired
Qualification
Graduate
MBA
Experience
5 - 7 Years
Disclaimer:
This Job Description is indicative in nature. The duty list/Goal Sheet provided to you can vary from the aforesaid in view of Organisational need/requirement from time to time

Employment Type: Full Time, Permanent

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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.
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What people at Tata AIA Life Insurance are saying

4.0
 Rating based on 56 Sales Manager reviews

Likes

Worst company

Dislikes

All teams are degrading. No value of employees. Worst senior leadership especially Direct channel

Read 56 reviews

Sales Manager salary at Tata AIA Life Insurance

reported by 189 employees with 3-11 years exp.
₹2.8 L/yr - ₹9.5 L/yr
22% less than the average Sales Manager 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

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