Senior Manager Bancassurance (Tele Channel )

6 - 11 Years
Mumbai, Mumbai Suburbs

Job Description

Manage channel relationship, influence & ensure delivery of annual target from the channels.
Achieve channel objectives on key business levers like activation, productivity & ATS
Achieve Lead adequacy ratio (LAR) & Lead conversion ratio (LCR)
Conduct reviews and feedback sessions with tele channel heads leading to continuous business development
Study competitor activities & formulate strategies to achieve maximum market share
Conduct business development activities through effective utilization of zonal budgeting system
Interact with the channels partners at agreed levels & frequency to manage expectations, have a committed and a partnership based relationship (visit multi city units where required)
SMP adherence to ensure appropriate channel engagement
Drive business to ensure optimum potential utilization of the relationship/vertical
Maintain appropriate channel partner satisfaction on support provided by the sales team to ensure zero escalations
Ensure intra & inter departmental collaboration to close issues related to proposal processing
Adhere to statutory and regulatory norms (specifically to distance marketing applicable to tele channels)
Ensure defined procedures / processes are followed to maintain compliant sales

Candidate Requirement:
PGDM/MBA with 6+ years of relevant experience
BFSI industry preffered

Salary: INR 12,00,000 - 17,00,000 PA.

Industry:Insurance

Functional Area:Sales, Retail, Business Development

Role Category:Channel Sales

Role:Area / Territory Manager

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Company Profile

HDFC LIFE INSURANCE COMPANY LIMITED

HDFC Life Insurance Company Ltd. is one of India's leading private life insurance companies, which offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC Ltd.), India's leading housing finance institution and The Standard Life Insurance Company, a leading provider of financial services from the United Kingdom. Both the promoters are well known for their ethical dealings and financial strength and are thus committed to being a long-term player in the life insurance industry.
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Recruiter Name:HR Department

Contact Company:HDFC LIFE INSURANCE COMPANY LIMITED