Branch Manger- Trivandrum (India)

Branch Manger- Trivandrum (India)

06 Sep
|
Aditya Birla Sun Life Insurance
|
India

06 Sep

Aditya Birla Sun Life Insurance

India

Job Title

Branch Manager - 1

Function

DSF

Department

DSF - Sales

Reporting To

(Title)

Assistant Regional Manager / Regional Manager/Asst. Zonal Head

Superior ’s Superior

(Title)

Zonal Head/Asst. Zonal Head/Head of Sales

Unit

Birla Sun Life Insurance Company Ltd

Location

Zone

Business

Life Insurance

Date

May 2013

Job Purpose

The purpose of this job is to manage a team of Agency Managers, ensure advisor recruitment as per plan, and assist the Branch Head to make the branch a profit centre and to achieve annual business targets.

Dimensions

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

Dimension Remarks

Manpower (Nos.)

8 to 10 AMs

Annualised Premium (in Cr)

50 Lac to 1.5 Cr

Policies (Nos)

100 to 500

Net Annualised Advisor Commission (NAAC) (in Cr)

10 Lac to 30 Lac

Persistency

85%

13 month Rolling Premium Persistency

Sales Progression

Maintain 30% of sales progression in the team

Licensing

Create distribution as defined in the targets





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?

Key Challenges for the role –

Unavailability of Quality Manpower in terms of Agency Managers and advisors, Retention of Quality Manpower
Licensing of Advisors – Pass Percentage is very low, getting examination dates for Online Examination is very difficult.
Fluctuating market condition
Delay in completion of business during month end as it involves the long process to issue the policy (starting from policy receipting, scanning, completing requirement, medical follow ups and finally the completion).
Infrastructure constraints
Ensuring that business is carried out as per the compliance & regulatory setting
Principal Accountabilities

Accountability

Supporting Actions

Ensure performance of assigned Agency Managers with respect to recruitment of Advisors & achievement of business targets.

Recruit quality resource
Ensure performa

📌 Branch Manger- Trivandrum (India)
🏢 Aditya Birla Sun Life Insurance
📍 India

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