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Deputy Regional Manager - IMF & New Growth Initiatives

Deputy Regional Manager - IMF & New Growth Initiatives

Max Life InsuranceNashik, MH, IN
30+ days ago
Job description

Key Responsibilities

Key Deliverables :

  • Understand the IMF regulation, value proposition & registration process
  • Develop and implement the IMF / IM acquisition plan Identify potential sources for competition Agent and potential IMF / IM prospects Evaluate and implement venue marketing / focus-group approaches to engage prospects Coach and assist team in meetings with key prospects Measure conversion of leads through effective pitch of IMF value proposition
  • Ensure quality of IMF’s / IM’s in sync with desired profile
  • Ensure enablers for IMF / IM setup of agreed prospects Liaise with Max One to enable multiple licensing Empanel & coordinate with CA’s for setting up the new firms Oversee technology support to enrolled IMF’s
  • Ensure seamless contracting of IMF’s / IM’s with Max Life
  • Manage performance of setup IMF’s / IM’s in steady state Implement a performance management and rewards system to manage IMF / IM profitability Provide marketing, training and operational support to IMF’s / IM’s Manage attrition of IMF’s through revival or replacement
  • Build an effective and stable team Ensure timely recruitment of team Alignment with support functions (working with & through others) Contribute to developing talent pool and leadership pipeline Training & development of team
  • Drive quality of business sourced from IMF’s / IM’s Ensure right product mix and control key quality measures such as leakage and persistency
  • Manage compliance and financial risks

Measures of Success :

  • IMF Acquisition
  • Revenue
  • IMF Activity & Retention
  • Team Productivity
  • Team Retention
  • Quality of Business
  • Job Specifications :

  • Educational Background : Preferably a post graduate
  • Work Experience
  • At least 10 - 12 years of experience in Sales
  • Office Head profile of Agency in the current structure
  • At least 18 months in current role
  • Knowledge & Skill Matrix :

  • Technical Skills
  • Behavioral Skills
  • Team Handling
  • Additional Information (Optional) :

  • Key Relationships
  • Commercial Aspect
  • Cross Functional Skills