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Abfl-sales Manager-stsl-lucknow @ Max Life Insurance

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 Abfl-sales Manager-stsl-lucknow

Job Description

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4) KEY RESULT AREAS:WRITETHE KEY RESULTS EXPECTED FROM THE JOB AND THE SUPPORTING ACTIONS FOR EACH OF THESE KEY RESULT AREAS (FOR A MAJORITY OF JOBS TYPICALLY THERE COULD BE 4- 7 KEY RESULT AREAS)

Key Result Areas

Supporting Actions

Business growth through Channel Management-Effectively grow and manage different types of channel partners to ensure meeting of topline & bottom line targets

Channel types

  1. Direct Sales Agents
  2. Online aggregators
  3. Internal sources that provide qualified leads like marketing department
  • Research to scout forpotential channel partners
  • Gather data for evaluation of potential channel partners
  • Meet & support the negotiation of terms of engagement with potential in lines with business potential
  • Support in the onboarding of the channel partners
  • Constantly engage with & activate channel partners while ensuring targeted ROEs for the channel partners
  • Monitor SLAs, sales efficiencies and RoI of channels

Business growth throughCustomer Acquisition-Acquire customers by selling STSL towards meeting topline targets

  • Identify business growth opportunities
  • Meet customers along with channel partners
  • Organise channel partner, customer visits for seniors
  • Check for alignment of cases put up by the channel partners on a daily basis with the internal policies /guidelines
  • Coordinate with internal stakeholders to process the applications
  • Negotiate commercial terms
  • Appropriate Funnel management to ensure adequate conversion from login and disbursement
  • Fulfil qualified leads provided by online aggregators, internal sources

Disbursal& MIS -Timely disbursement of the loans to customers with proper documentation

  • Smooth coordination with vendors for timely submission of relevant customer documents
  • Coordinate with internal teams and respond to their queries to ensure timely & accurate disbursal
  • Complete transactions with customer with appropriate documentation
  • Provide inputs to Area Manager for Sales MIS

Market Intelligence-Gather market intelligence towards evolving competitive business strategy, policies & processes

  • Gather market intelligence on a regular basis
  • Share the market intelligence with Area managers
  • Provide suggestions for improvement in processes, pricing, policy etc to Area Managers

Portfolio quality& Risk Management -Maintain quality of portfolio to minimize NPAs

  • Liaise with the customers and the Risk team as required to provide regular information required for monitoring the creditworthiness of the proposals
  • Manage portfolio activities augmenting and driving alignment with early alert strategies to reduce losses
  • Proactively identify risks to maintain portfolio quality
  • Track over due account on a daily basis for the business
  • Intervene to ensure collection for initial overdue accounts on timely basis
  • Collaborate with Collection teams for remaining over due cases & ensure collection on a timely basis

Profitability-Implement measures to ensure profitability

  • Focus on sales volume and value (higher yield and margins) by right pricing, cross selling, processing fees
  • Implement all cost management initiatives on a timely & accurate basis

Process Efficiency & Operational Effectiveness -Adhere to processes

  • 100% Process Adherence for pre & post sourcing processes

Stakeholder Relationships- Develop relationship with internal stakeholders

  • Proactively build and maintain relationships with key internal stakeholders for smooth cross-functional coordination

Qualifications:
Any Graduate
Minimum Experience Level:
2-10 Years

Report to:
NA

Employement Category:

Employement Type: Full time
Industry: Banking / Financial Services
Role Category: Sales / BD
Functional Area: Not Applicable
Role/Responsibilies: Abfl-sales Manager-stsl-lucknow

Contact Details:

Company: Aditya Birla
Location(s): Lucknow

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Keyskills:   sales management sales sales planning relationship management

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₹ 2.0 - 4.0 Lakh/Yr

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...