Branch Manager - Agency Sales

Role description

Job Description

A Position Overview

Position Title

Branch Manager

Department

Business Associate Model

Level / Band

401 / Manager

Role Summary :

• Responsible for achieving business targets for the branch through building a sustainable and productive distribution force.
• Manage smooth business functioning, and successful implementation of various tactical and strategic business initiatives as other key responsibilities.
• Effective management of sales managers in the office leading to creation of a cohesive business unit along with other functional representatives in the branch to create a robust and successful business unit.
• Manage team of business associate manager and business associates
• Drive distribution engagement through choreography and training
• Work on cross sell and upsell campaigns and drive distribution for maximizing sales
• Ability to track local competition and align monthly business activities to achieve sales objectives
• Drive productivities of emplyees and distribution

B Organizational Relationships

Reports To

Cluster Head

Supervises

Business Associates Managers

C Job Dimensions

Geographic Area Covered

Internal Stakeholders

Business Associates Managers

Agency Sales Training

Branch Operations

Distribution Operations

External

Business Associates / Advisors / Customers

D Key Result Areas

Organization Process

Key Contributions

Strategic Business Development

Business Development

Team Management

Ensure Compliance

MIS & Reporting

Risk

E Skills Required

Technical

Behavioral

Essential

Desired

Interpersonal skills

Communication skills

Creative thinking skills

Supervising / Leadership skills

Teamwork Skills

Influencing skills

Relationship Building skills

Decision making skills

F Competencies

Business Acumen and Strategic Orientation ( Ability to align with the organization's vision with a fair understanding of the insurance industry, regulations, financial markets and the agency business model in order to deliver profitable and sustainable business growth .)

Reviews and works towards productivity enhancement of the Business Associate Manager. Has an in-depth understanding of one's own and team goals and drives the team to achieve the desired targets. Demonstrates a good understanding and focuses on the profitability and viability of the branch through drive of profitable product mix.. Ensures and actively monitors the involvement of the branch employees in Choreography. Develop in-depth understanding of BA model, BA compensation and Agent commission.

Building and Managing Relationships ( The capability to initiate, nurture, maintain and manage business relationships with various stakeholders (internal and external) to achieve the desirable outcomes )

Directly conveys own thoughts on how things should be done and ensures subordinates feel comfortable to share their views. Shares relevant ideas / information / views openly and directly and assumes different roles in a team to enable team performance. Effectively communicates and cascades various business initiatives to downline in order to drive business results. Sets boundaries for subordinates within which they decide the best course of action to meet customer needs. Builds and maintains effective relationships with high performing and capable distributors for business growth. Networks across geography and channels to expand distribution.

People Development ( Focus on identifying, developing, recognizing high potentials and building the high performing distribution in order to help individuals and teams, maximize their potential to achieve the business goals )

Gives team members opportunities to practice new skills and capabilities. Coaches based on developmental need of self, individuals and distribution. Is constantly in touch with team and distribution and effectively cascades key business highlights. Focus on development through structured choreography approach. Is able to adapt person -specific approach while dealing with various team members. Encourages recognition and rewards based on meritocracy and achievements.

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

Reviews performance against goals and takes effective action to achieve them. Synergizes high performance oriented systems and processes to yield the desired results with agility. Sets clear expectations with the team to deliver performance oriented goals. Takes responsibility of one's own and teams decisions and actions. Communicates consistently with the team members and motivates team members for target achievement.

G Incumbent Characteristics

Essential

Desired

Qualification

Graduate

PG / MBA

Experience

7 -10 years Sales management in Life Insurance

Skills Required

Interviewing Skills, Self Management, Problem Solving Skills, Team Management Skills