Job Purpose: Write the purpose for which the job exists (in 2-3 lines)

The role is responsible for leading Agency Partner Channel in the area and build a sustainable model which will help

ABSLI build distribution strength, penetrate recent markets, increase cost efficiencies and achieve business goals

Dimensions Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job.

Dimension Remarks

Manpower (Nos.) Direct: 5 Indirect number is variable

Annualised

Premium (in Cr) 15 – 25 Mn

Net Annualised

Advisor

Commission

(NAAC) (in Cr) 3 – 5 Mn

NOP 600 – 900

Fixed to Variable

Cost 70% : 30%

Persistency 75% 13th Month Persistency

Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section

Organization Context –

Aditya Birla Sun Life Insurance Co. launched its life insurance business in India in March of 2000 with a vision to





create long term value along with market leadership, to help people mitigate risks of life, accident, health and

enhance the financial future of customers, including enterprises.

ABSLI is one of the leading players in the Private Life Insurance Industry in India today. Pioneers of the unique Unit

Linked Life Insurance Solutions in India, they have been focused on investment Linked Insurance Products,

supported with protection products to maintain leadership in product innovation.

About The Life Insurance Industry –

The size of the Indian life insurance industry is ? 4.2 trillion on a total-premium basis as of fiscal 2017. In terms of

total premium, the Indian life insurance industry is the 10th largest market in the world and the fifth largest in Asia

based on Swiss Re, sigma No 3/2017 report. The industry’s assets under management (AUM) grew at a compound

annual rate (CAGR) of 19% during fiscal 2001 to fisc

📌 Area Head-APC-Chandannagar-Kolkata (India)
🏢 Aditya Birla Sun Life Insurance
📍 India