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Area Manager IMF Channel – CTC 5 to 8 Lacs lacs Plus reimbursements and incentives – Bangalore Jobs

Max life insurance jobs in india

Website MaxLifeIns Max life insurance co. ltd

Karo Jyada ka Iraada

Max Life insurance IMF Channel Bangalore 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

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