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    Manager - Agency Business Associates - Salem, Deutschland - Tata AIA Life Insurance

    Tata AIA Life Insurance
    Tata AIA Life Insurance Salem, Deutschland

    vor 4 Tagen

    Default job background
    Beschreibung

    JobDescription

    A Position Overview

    Position Title

    Business Associate Manager

    Department

    Business Associate Model – Agency Sales

    Level/ Band

    Assistant Manager / Manager

    Role Summary:

    Identify, recruitand build a team of business associates and advisors to drive businessobjectives on a month on month basis, as per the standards laid down by theorganization from time to time

    B OrganizationalRelationships

    Reports To

    Branch Manager

    Supervises

    NA

    C Job Dimensions

    Geographic Area Covered

    Defined Branch

    Stakeholders Internal

    Agency Sales Training

    Branch Operations

    Distribution Operations

    External

    BAs and Advisors

    D Key Result Areas

    -Recruit Business Associate and advisors

    -Coordinate for the regulatory trainings

    -Manage daily, weekly and monthly choreography

    -Conduct daily, weekly and monthly Business Associate meetings

    -Income and Goal setting exercise for the month

    -Joint field work along with business associates and advisors to sourceinsurance policy

    -Drive business submission and issuances

    -Clearence of pending cases for documentation and medicals as a part ofthe issuance process

    -Train distribution on getting higher first time right % submission

    -Achieve monthly objectives and targets

    -Motivate advisors and business associates for various contest and salesenablers

    -Daily update about the status of business and applicability in contest

    -Maintain healthy relationship with all stakeholders like customers anddistributors

    -Work on opportunity of cross sell and upsell

    -Focussed effort to drive renewal premium collection

    E Competencies

    Competencies

    · Business Acumen ( Ability to alignwith the organization's vision with a fair understanding of the insuranceindustry, regulations, and the agency business model in order to deliver monthon month business objectives

    Has a fair understandingof own role and utilizes required skills and knowledge in one's own area ofwork to meet targets. Has a fair knowledge about company and competitor'sproducts. Has a fair knowledge of the insurance industry, regulations andfinancial markets Understands the requirements of the customer and consumer tofacilitate need based selling and emphasize on selling solutions. Need todevelop fair understanding of BA model, leader compensation and Agentcommission.

    · Building and Managing Relationships( Thecapability to identify, recruit and nurture, business associates and advisorsand then maintain relationships with various stakeholders (internal andexternal) to achieve the desirable outcomes )

    Empathizes and supports distributionevery possible way and drive them for higher productivities by managing theirchoreography and other engagement methods. .Responds to queries fromdistributors and internal customers and keeps superiors informed about ownactions and their context. Builds and maintains healthy relations with thedistributors and internal customers to ensure seamless execution .

    · Drive for Results and Agility( Buildingan achievement orientation, with extraordinary levels of energy and effortswhile being accountable for one's actions and decisions in an agile environment )

    Reviews performanceagainst goals and takes effective action to achieve them. Synergizes highperformance oriented systems and processes to yield the desired results withagility. Sets clear expectations with the team to deliver performance orientedgoals. Communicates consistently with the team of business associates andadvisors motivates them for achievement of monthly objectives, increaseparticipation in company initiatives, monthly, weekly and daily choreographyetc. .

    F Skills Required

    Technical

    §Good Knowledge of MS Office / MS Excel

    Behavioral

    Essential

    Desired

    Drive for result (achievement of targets)

    ·

    Communication skills

    ·

    Creative thinking skills

    ·

    Teamwork Skills

    ·

    Influencing skills

    ·

    Relationship Building skills

    ·

    G Incumbent Characteristics

    Essential

    Desired


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