T17A - Life Insurance Company - DAM - Exp 3-5 Years Jobs in Ahmedabad,India - 24951567

Job Description:

Greetings!

 

We are urgently recruiting an energetic and career oriented individual for our reputed client

 

Note - We do not charge any fees from candidates

 

Name of Client - No 1 Company in Life Insurance Industry

Role Hiring For - Deputy Area Manager (DAM)

No of Positions - 10 Nos

Channel - IMF (Insurance Marketing Firm)

CTC - Rs 45 LPA + Variables

Hiring Location - Jaipur, Raipur, Ahmedabad, Surat and Dehradun

 

About IMF Channel (Insurance Marketing Firm Channel)

 

IRDA Regulation on IMF was released on Jan 2015, where companies which are LLP / Pvt limited / cooperative societies were allowed to distribute financial products IMFs are allowed to deals in Insurance of 6 companies (2LI, 2GI, 2 HI), mutual funds, banking products, post etc The pool of IMF s primarily comprises of top Agents in Insurance, Wealth Managers, Loan DSA, CA, Ex - employees from Financial Services with an existing customer base

 

Job Summary

 

Implement the strategy to setup and develop the IMF Channel in the designated territory Setup and manage a pool of 10-15 Insurance Marketing Firms managing a revenue stream of around 2 cr

 

Key Responsibilities / Key Deliverables

 

Understand the IMF regulation, value proposition & registration process

Independently implement the IMF acquisition plan in the territory

Identify potential leads and sources for prospective IMF’s, coordinate with HO for referred leads

Connect with prospects & organize seminars for IMF acquisition

Ensure conversion of leads through effective pitch of IMF value proposition

Ensure quality of IMF’s in sync with desired profile

Enable the setup of IMF of agreed prospects

Understand all regulatory requirements and manage the IMF registration process with IRDA

Oversee technology support to enrolled IMF’s

Ensure seamless contracting of IMF’s with company

Manage performance of setup IMF’s in steady state

Develop understanding of products & coach IMF staff on product USP’s

Implement a performance management and rewards system

Drive IMF profitability through improving productivity of IMF’s sellers & controlling cost of sales

Provide marketing, training and operational support to IMF’s

Manage attrition of IMF’s through revival or replacement

Drive quality of business sourced from IMF’s

Ensure right product mix and control key quality measures such as leakage and persistency

 

Desired Qualification & Experience

 

Minimum Graduate in any Field

Minimum 2-5 Years Sales Experience in Agency Channel in Life Insurance Industry is Mandatory

Good Communication and Presentation Skill

 

If Interested, Please revert with your Resume / CV to schedule your Interview

 

Thanks & Regards

Prashant Wakare

Sustainable Technologies

Authorised Consultant of No 1 Company in Life Insurance Industry

Contact No - 9714044557

Profile Summary:

Employment Type :	Full Time
Eligibility :	Any Graduate
Industry :	Accounting-Tax/Consulting, Retailing
Functional Area :	Sales/Business Development
Role :	Channel Sales
Salary :	Rs 0.50 - 4.50 Lacs p.a.
Deadline :	06th May 2020

Key Skills: