Job Description

Job Description

Job Title

Private Wealth Manager - AXIS

Function

Sales

Department

AXIS Bank Relationship

Reporting To

(Title)

Circle Head - AXIS

Superior's Superior

(Title)

Zonal Head - AXIS

Unit

Aditya Birla Sun Life Insurance Ltd

Location

PAN India

Business

Aditya Birla Capital

Date

1^stMarch 2024

1) Job Purpose

Axis Bank's affluent business offers a range of financial investment products and provides customised solutions to create and manage the wealth of their niche segment clients, who are NRI, HNW and Ultra HNW individuals, groups and establishments. Hence it requires higher order knowledge of the financial industry and other financial products.

2) Dimensions

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

Dimension

Remarks
Manpower

Individual Contribution role
Branch Spread

Retail

3) Job Context & Major Challenges

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

Job Context:





Bancassuranceis the insurance distribution model wherein the bank allows an insurance company to sell its products to the bank's client base. ABSLI tied up with AXIS Bank in March 2024 to sell its insurance products through the Branch Banking.

Open Architecturemodel empowers the customers now to select their Life insurance plans from more than one insurer as per their choice at competitive prices. It also lowers chances of Mis selling, with the intervention of multiple regulators like Reserve Bank of India (RBI) and Insurance Regulatory and Development Authority of India (IRDAI).

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4) Principal Accountabilities

Accountability

Supporting Actions

Business Targets - To achieve Business Targets on focused Business parameters like premium, SP/branch activisation, product mix and Persistency thereby contributing to the overall Business Growth and profitability.
Work closely with AXIS Bank Burgundy Relationship Managers to provide a

📌 Private Wealth Manager Axis Mangalore Mangaluru
🏢 Aditya Birla Group
📍 Mangalore