Designation: Deputy Chief Manager

Location: India Karnataka Hubli

Organization: Financial Services
Job Purpose:
Distribution reach will be the key to future growth acceleration for insurance companies as existing geographies get saturated and the focus shifts to new under penetrated geographies.
- Effective distribution reach into newer geographies, alternate distribution channels, innovative products, targeting new segments are the major challenges in this industry and will be the key drivers in the future.
- While companies are planning to double their agency network over the next 2 years, the overall industry life agency workforce attrition rate ranges between 50-55% which is significantly high.
- Hence the key challenge to recruit qualified insurance agents,



especially in the semi-urban / rural markets and also to combat the increasing attrition rate particularly when recent players are entering the market
- Distribution: How we create specific distribution models to penetrate different market segments remains a challenge. Motivation to channel partners to place business with the co. Activate and manage agent based distribution channel across the country
- Long term and short term strategic plans to increase the market share and profitability in line with the company’s business objectives.

📌 Area Manager (Karnataka)
🏢 Aditya Birla Group
📍 Karnataka