Key Account Manager - Federal Bank

3 - 5 years

5 - 7 Lacs

Posted:2 days ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

Provide support in Sales of LifeInsurance business through bank customers at bank branches across assignedlocations
- Visitpartner branches and interact with Bank branch managers
- Ensuresales targets assigned are met on every parameter
- Interactwith customers to explain the products and solutions
- Help branchesmapped to her/him help achieve insurance sales targets
 
Organizational Relationships
Reports To
Cluster Sales Manager

Job Dimensions
Geographic Area Covered
Branches
Stakeholders Internal
Supervisors, Training, Branch Distribution Ops
Stakeholders External
Federal Bank Channel Partner
 
Key Result Areas

Sales

  • Achieve pre-set business targets on ANP, case count, active branch, active sales staff and various KPIs for designated branches
  • Working jointly with the Branch Manager on Business Implementation plan
  • Driving and motivating the branch staff along with Bank RM and providing support for logging in applications sourced
  • Tapping the right database of the branch and ensure authentic documentation
  • Build relationship with the Bank Sales/ operations team and ensure the business targets and Productivity targets of the allocated branches are met effectively
  • Prospect and meet customers within and outside the Branch as when required
  • To develop, agree and implement short term and long-term plans to achieve sales targets
  • To achieve branch RM activation targets
  • Work collectively with Bank Sales / operations team and conduct joint sales calls as a team to achieve business nos.
  • Seek commitment from the partner towards achievement of business objective

Relationship Management

  • Managing the relationship between internal team and channel partner to foster sales for the company and maintain utmost levels of responsiveness to requirements from the Channel Partner
  • Provide all possible support to the channel partner as a face of parent company
  • Effectively execute all Marketing activities as per Partners requirement
  • Ensuring timely issuance of policies with resolving all pending etc
  • Adhere to the customer touch-point engagement to service his portfolio of customers
  • To maintain the desired persistency ratio
  • Prompt post-sales service with respect to all domains
  • Strategize and interact closely with the RM on business plan execution

Ensure Compliance

  • Ensure compliance to internal sales process other compliance standards
  • Should be process product champion to ensures adherence to policies and procedures to cultivate a compliance culture in the team

MIS

  • Adhering to the Training Road map.
  • Providing timely reports to the Supervisor as per the requirement.
  • Adhering to the TALIC code of conduct.
Skills Required
 
Technical
Product/Subject matter expertise
Business perspective planning
Finance / Insurance industry awareness
Self-management
Problem solving skills
Peer level co-ordination and influencing skills
 
Desired
  • Interpersonal skills
  • Communication skills
  • Creative thinking skills
  • Supervising / Leadership skills
  • Teamwork Skills

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