Max Life insurance IMF Channel Ambala Jobs
Max Life insurance is hiring Area Manager for IMF Channel
CTC – From 5 Lacs – to 8 Lacs Plus Reimbursements and Incentives
Job Description – Area Manager – IMF
Reporting To – Regional Manager -IMF
Job Summary:
- Implement the strategy to setup and develop the IMF Channel in the designated territory. Setup and manage a pool of 10-15 Insurance Marketing Firms or insurance managers, managing a revenue stream.
Key Responsibilities/ Key Deliverables:
- Understand the IMF regulation, value proposition & registration process
- Independently implement the IMF acquisition plan in the territory
- Identify potential leads and sources for prospective IMF’s, coordinate with HO for referred leads
- Connect with prospects & organize seminars for IMF acquisition
- Ensure conversion of leads through effective pitch of IMF value proposition
- Ensure quality of IMF’s in sync with desired profile
- Enable the setup of IMF of agreed prospects
- Understand all regulatory requirements and manage the IMF registration process with IRDA
- Oversee technology support to enrolled IMF’s
- Ensure seamless contracting of IMF’s with Max Life
- Manage performance of setup IMF’s in steady state
- Develop understanding of products & coach IMF staff on product USP’s
- Implement a performance management and rewards system
- Drive IMF profitability through improving productivity of IMF’s sellers & controlling cost of sales
- Provide marketing, training and operational support to IMF’s
- Manage attrition of IMF’s through revival or replacement
- Drive quality of business sourced from IMF’s
- Ensure right product mix and control key quality measures such as leakage and persistency
Measures of Success:
- IM & IMF Acquisition
- Revenue
- IMF Activity & Retention
- Quality of Business
Job Specifications:
- Educational Background: Preferably a graduate
- Work Experience: At least 2-6 years or more of experience in Sales & Distribution, Key Account Management
- Knowledge & Skill Matrix.
Additional Information (Optional):
- Key Relationships
- Nature of the Role
- Presence
- Commercial Aspect
- Cross Functional Skills
Apply online now or Share CV on What’s App at 7011620662