Upload Button Icon Add office photos
filter salaries All Filters

881 Tata AIA Life Insurance Jobs

Area Manager - Virtual Bancassurance

7-12 years

Coimbatore

1 vacancy

Area Manager - Virtual Bancassurance

Tata AIA Life Insurance

posted 3mon ago

Job Role Insights

Flexible timing

Key skills for the job

Job Description

  • To manage sales and business objective of the cluster, meeting or exceeding key targets
  • To ensure achievement of sales targets with optimal market coverage
  • To plan resource allocation and be responsible for financial viability of the cluster.
  • To effectively lead and manage his sales team by providing them with ongoing coaching
  • To ensure that the sale behavior, sales ethics and sales practices of the sales team comply with company standards and regulations
  • To closely work with the branch / channel head to design sales strategies and initiatives that will cause improvement of sales performance across business.
  • Manage relationship with Channel RSM/ZSM
  • Engage with TPP RH and TPP RPM
  • Drive SP certification for channel manpower
  • Drive sales through mapped channels in the zone
Key Result Areas

Achieve ANP targets through assigned branches
Achieve pre-set business targets on ANP, case count, active branch, active sales staff and various KPIs for designated branches/cluster
Develop joint business and implementation plans with branch manager
Interact regularly with Sales/ operations team to set targets & achieve required sales
Initial grooming of the RMs in presentation & selling skills
Make joint calls with sales team , if required during the initial months
Accompany the sales team on calls with high-ticket clients
Build up and maintain solid relationship and rapport with partner s district managers, branch managers and all frontline sales

Training of the sales team
Provide on-going training to partner s staff, including products, sales technique, prospecting, objection handling and sales operation and process etc.
To train the RMs on Presentation and Selling Skills

Monitor sales & provide support
Analyze the productivity of Sales / operation team to ensure they are delivering as per expectations
Ensure that the high performers are suitably rewarded & kept motivated
Counsel the low performers to assess the reasons for low productivity
Accompany the low performers on calls & give them special attention to motivate them
Organize trainings for low performers to ensure they are conceptually strong
Maintain and observe Company s internal control and standards
Implement and observe the Company s Compliance Policy
Act as an escalation point for issues pertaining to policy issuance

Arrange various contests & events for the sales team as well as the customers
Execute templated events for channel partner
Fulfill the approval requirements
Analyze the customer response to events to judge the feasibility of the events in terms of leads generated vs. the money spent

MIS & Reporting
Design and circulate business MIS and reports to various stakeholder as required
Analyze data cuts on Business Performance and share the findings with the supervisors

Skills Required
Technical
  • Product/Subject matter expertise
  • Team Management skills
  • Mentoring skills
  • Business perspective & planning
  • Performance Management skills
  • Finance / 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
Language Skills
English, Local language
F Incumbent Characteristics
Essential
Desired

Qualification
Graduate
PG / MBA
Experience
4 - 6 years Sales Experience (Insurance / Financial Service Background)

Employment Type: Full Time, Permanent

Read full job description

Prepare for Bancassurance 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

Bancassurance salary at Tata AIA Life Insurance

reported by 3 employees
₹2.5 L/yr - ₹5 L/yr
At par with the average Bancassurance 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

Bancassurance at Tata AIA Life Insurance Company Ltd.

Hyderabad / Secunderabad

7-12 Yrs

₹ 6-11 LPA

Bancassurance at Tata AIA Life Insurance Company Ltd.

Ahmedabad

7-12 Yrs

₹ 6-11 LPA

Bancassurance at Tata AIA Life Insurance Company Ltd.

Mumbai

4-6 Yrs

₹ 6-11 LPA

Bancassurance at Tata AIA Life Insurance Company Ltd.

Ahmedabad

7-12 Yrs

₹ 9-14 LPA

Bancassurance at Tata AIA Life Insurance Company Ltd.

Mumbai

7-12 Yrs

₹ 9-14 LPA

Associate Territory Manager at Tata AIA Life Insurance Company Ltd.

Hyderabad / Secunderabad

4-6 Yrs

₹ 6-8 LPA

Associate Territory Manager at Tata AIA Life Insurance Company Ltd.

Mumbai

4-6 Yrs

₹ 6-8 LPA

Assistant Key Account Manager at Tata AIA Life Insurance Company Ltd.

Hyderabad / Secunderabad

3-6 Yrs

₹ 5-5 LPA

Assistant Key Account Manager at Tata AIA Life Insurance Company Ltd.

Hyderabad / Secunderabad

3-6 Yrs

₹ 5-5 LPA

Area Bancassurance Manager at Tata AIA Life Insurance Company Ltd.

Kanpur

9-12 Yrs

₹ 6-10 LPA

Area Manager - Virtual Bancassurance

7-12 Yrs

Coimbatore

3mon ago·via naukri.com

Territory Sales Manager - Hdfc Bank Branch Banking

7-12 Yrs

Mandi

9hr ago·via naukri.com

Branch Manager - Agency Sales

5-10 Yrs

Gaya

10hr ago·via naukri.com

Branch Manager - Agency Sales

7-10 Yrs

Sikar

11hr ago·via naukri.com

Cluster Sales Manager - Axis Bank

5-10 Yrs

₹ 8 - 12L/yr

Gwalior, Indore, Rajkot

15hr ago·via naukri.com

Cluster Sales Manager - Axis Bank

8-13 Yrs

₹ 8 - 12L/yr

Gwalior, Indore, Rajkot

15hr ago·via naukri.com

Manager - Training

5-10 Yrs

Kannur, Bangalore / Bengaluru

16hr ago·via naukri.com

Relationship Manager - Bancassurance IBL

1-3 Yrs

Bilaspur

16hr ago·via naukri.com

Corporate Account Manager - Hdfc Bank Branch Banking

1-3 Yrs

Jalandhar

16hr ago·via naukri.com

Corporate Account Manager - Hdfc Bank Branch Banking

1-3 Yrs

Sirsa

16hr ago·via naukri.com
write
Share an Interview