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Area Sales Manager - STUL - Hyderabad @ Max Life Insurance

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 Area Sales Manager - STUL - Hyderabad

Job Description

Key Challenges

  1. To deliver on operational plan in the assigned coverage area in a differentiated manner considering local factors, channel dynamics and consumer preferences, that can withstand competitive pressures on the ground
  2. To grow the business while remaining cognizant of competitive realities in the following areas:
  3. Market linked product
  4. Market average IRR & processing fee levels
  5. Market average DSA payouts
  6. To originate and increase market share in assigned coverage area against stiff competition, overcoming competitive pressures borne out of better established networks, price undercutting, etc.
  7. To establish a strong local network and leverage the same to generate business leads, and alsoidentify opportunities for cross sell with existing customers
  8. To proactively build new and nurture existing DSA relationships keeping in mind immediate and longer term business interests, and considering the phased manner of team size expansion
  9. To constantly upgrade financial & operational know how of self and team members on efficient loan processing, effective negotiation and relationship building for maintaining credibility with DSA network and profitable target achievement
  10. To keep abreast with the latest market trends and local market preferences and needs
  11. To ensure loan conversion/ sanction/ utilization percentages are high and a broad enough sourcing funnel is built to meet targets
  12. To ensure credit quality and effective portfolio selection/pre screening thereby minimizing potential NPAs
  13. To ensure compliant sales operations despite sales pressures and market cycles

Employement Category:

Employement Type: Full time
Industry: Banking / Financial Services
Role Category: Sales / BDSales Support / MIS
Functional Area: Not Applicable
Role/Responsibilies: Area Sales Manager - STUL - Hyderabad

Contact Details:

Company: Aditya Birla
Location(s): Other Andhra Pradesh

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Keyskills:   banking area sales management sales financial services

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Max Life Insurance

About the organization:Max Life Insurance is India’s 4th largest private life insurance company and is the largest non-bank promoted private life insurer in India. We have demonstrated success in building a business now operating at considerable scale, reflected in more than 60,000 cr of As...