Overview
JOB DESCRIPTION
JOB TITLE: BDM – APC
COMPANY: Max Life Insurance
EXPERIENCE: 4-6 years
LOCATION: Ahmedabad, Surat, Rajkot, Bhavnagar, Bhopal, Mumbai, Pune, Nagpur, Nashik, Aurangabad, Ahmednagar, Thane.
COMPENSATION: 6 – 7LPA
TIMINGS: Indian Shift Timings
TYPE OF WORKING:
NOTICE PERIOD: 1 month
FUNCTION: Agency Partner Channel
ABOUT THE COMPANY
Max Life Insurance Company Limited (formerly known as Max New York Life Insurance Company
Limited) is an Indian life insurance company headquartered at New Delhi, and the largest non-bank
private-sector life insurer in India.
ABOUT THE ROLE
An opportunity to be associated with MAX Life Insurance Pvt. Ltd.As Associate Business Development
Manager and built a distribution enterprise. He will be responsible for recruiting and managing a team of
leaders and agents, who will recruit agents and agents will source direct business.
RESPONSIBILITIES
● Exceed recruitment target on new agency leaders and agent enrollments. Enhance quantity and
quality recruitment by developing successful leaders.
● Emphasis on quality recruitment by the Agency Leaders and Agency Associates through
one-on-one sessions.
● Create a mutual support platform for Financial Executives, Agency Associate and Agents to
enable easier recruitment.
● Enhance AFYP & Number of cases by the unit.
● Focus on potential EC, MDRT, CEO council agents through complete units.
● Focus on the number of R&R winners. Focus on enablement and development of the team
● Ensure agents, agency associates, agency associate’s unit and agency leader unit is in
compliance with various IRDA guidelines. Timely contract of agents and agency associates
within regulatory guidelines
● Monitoring IRDA guidelines impacting AAP channel at regional level.
● Track competition regularly at regional level on various measures such as new strategies, new
compensation models etc. with particular reference to Financial Executives / AAP model
developed by the competitors. Execute plans for growth of the agency
● Identify, interview and select new leaders from market and by networking
● Ensure adherence to laid down sales and service standards for Financial Executives, Agency
Associates and Agent Advisors.
● Conduct weekly performance review and planning (PRP) for team
● Ensure retention of the team by formulating their development plans, meeting their training needs
and communicating with them on a regular basis.
● Handhold, develop and supervise Financial Executives, Agency Associates and Agents to meet,
plan and follow growth leadership practices.
MEASURES OF SUCCESS
● Building a chain of successful leaders (Financial Executives)
● Recruitment (contracted agents) numbers
● Add-on of AFYP & number of cases in the team.
● Add-on of number of new agency associates
● Case Rate & Case Size
● Agent satisfaction survey
● Accuracy and timeliness of information
OTHER RESPONSIBILITIES
● HO co-ordination
● Sales promotion activities
● Assist in overall running of the Office
REQUIREMENTS
● Selling Skills
● Relationship Building skills
● Coaching and Developing Team
● Result Orientation
● Resilience
● Discipline
● Demonstrating Adaptability
MINIMUM EDUCATION
● Minimum Graduation in any discipline, MBA will be an added advantage.
MUST HAVE
● Overall experience of 4-6 years
● Preference will be given to candidates having man management experience
● Should have a minimum of 2 years of sales experience.