RSM - BOM - Kolhapur

Job Title

Regional/Area Sales Manager - Bancassurance

TPD- Sales

Department

Bancassurance

Reporting To

(Title)

Relationship Head

Superior

(Title)

Head Banca & Health Business

Unit

Birla Sun Life Insurance Company Ltd

Location

Zone

Business

Life Insurance

Date

March 2013

Drive business and achieve targets through allocated region/area. Nurture and maintain the relationship with the channel partner for the incremental development of the business contributing by the relation and help/supervise them for the smooth function of the business process flow. Manage a team of Sales Managers to maintain the proper process of doing valued business for the organisation.

2) Dimensions

What are the areas (in quantitative terms) the job has an impact on

Dimension

Remarks

1.

Manpower (Nos. )

4-5 depending on the relationship

Indirect could range from 28- 35

2.

AP (Yearly in Cr)

Rs. 10-15 cr

(What are the specific aspects of the job that provide a challenge to the jobholder in the context of the Unit/Zone

Key Challenges for the role

High dependency on third party/relationships who may have their own priorities so alignment is the key.

Balancing between the process requirement and expectations of the Channel partners

Accountability

Supporting Actions

Ensure achievement of Targets (Premium & Revenue) in order to contribute in overall growth of the company

1. Continuous interaction with the channel partners

2. Mapping all the key decision makers

3. Aggressively downloading all the RnR activities running by the organisation.

Ensure smooth function of the sales and other processes in order to maximise business potential.

1. Communicating any process change or change in any rules and regulations by the help of different training module.

2. Supporting in the actual sales and service aspects including sales calls, issuance and complaint handling

Maintain the expense gap in order to reduce the cost

1. Understanding the need of the expense

2. Taking commitment from the channel before any spending or allocation of the budget

3. Maintain a SM wise expanse tracker

Ensure relevant people in the right place right time in order to maximise the productivity

1. Understanding the strength of the resource and depending on that allocating job responsibility

2. Evaluating the opportunity of each business unit and allocating targets as per that

3. Recruit, develop and train team members to maximize productivity

Ensure the right method of business acquisition in order get the profitable mix for the organisation

1. Scrutinise the business on regular basis

2. Interacting with the customers through welcome calls

Ensure Persistency targets as per the company norms so that renewals take place on time

1. Communicate with customers and

2. Resolve queries as and when required to ensure that renewal takes place on time

Building new business opportunities within the allocated area/relationships in order to maximise the

1. Identify innovative methods working with the relationship to enhance penetration of the database

Sales Manager / Senior Sales Manager:

TPD Support Team

Training Manager

HR Dept

Customer Service Team

Client Service Team

Daily

Weekly twice

Monthly

Daily

Daily

Process, login and issuance related

Training related

Recruitment and other issue

Follow up regarding service issue

Follow up regarding issuance

Bancassurance partner

Client prospect

Daily

Daily

All issue

Business and service

Signature

Name

Date

Job Analyst

Signature

Name