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Assistant General Manager - Agency Support - Insurance Firm (8-15 yrs)

8-15 years

Assistant General Manager - Agency Support - Insurance Firm (8-15 yrs)

XpertReach

posted 3mon ago

Job Description

AGM-Agency Support


Job Description:


1. Agency Strategy Development and Execution:

- Lead the development of the agency channel's strategic plan, aligning it with broader organizational goals.

- Identify key growth opportunities within the agency distribution channel and design strategies to capture these opportunities.

- Monitor industry trends, competitor strategies, and regulatory changes to adjust and refine the agency strategy as needed.

2. Develop and implement performance tracking mechanisms for the agency channel, including KPIs, sales targets, and productivity metrics.

- Analyse performance data regularly to identify areas for improvement and collaborate with regional managers and agency leaders to drive performance improvements.

- Provide actionable insights and strategic recommendations to agency leaders to help them meet their targets.

- Insurance Manager / Distribution Manager / Life Portfolio Manager: Conceptualizing, designing and implementing strategic initiatives for the channel to help in Insurance Manager / Distribution Manager / Life Portfolio Manager.

- Takes lead and is accountable for results from Agency Projects in areas of cost optimization and productivity growth.

- Agency Program Design and Implementation: Designing and implementing incentives and rewards & recognition programs for the Agency Sales Team to help drive the sales force to deliver the business targets.

- Agency Analytics: Trend analysis and channel performance analysis to facilitate management decision making.

- Agency Planning: Preparation of business plans and cost budgets for the channel as per company objectives.

- Assigning targets and KPI's for the Sales Teams as per the overall channel plan.

- Managing Control functions: Internal & External Audits. Compliance reviews.

- Cross-function stakeholder management.


Functional Areas: Other

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