A Life Insurance Agency Branch Manager leads branch operations and drives new business by recruiting, training, and managing a team of sales managers and insurance advisors through the agency channel.
K ey Responsibilities
- Agency Network Building: Recruit, onboard, and develop life insurance advisors, agents, and front-line sales managers.
- Sales & Revenue Targets: Drive Current Business Premium (NBP), monthly and annual branch sales goals, and policy renewals.
- Team Management & Coaching: Lead sales managers, conduct daily/weekly performance huddles, and deliver field coaching or product training.
- Productivity & Activation: Monitor agent activation ratios, persistency rates, and advisor retention to minimize team attrition.
- Operations & Compliance:
Manage branch administration, budgeting, MIS reporting, and strict adherence to IRDAI (Insurance Regulatory and Development Authority of India) regulations.
Preferred candidate profile
- Qualification: Graduation degree in any discipline.
- Experience: 4 to 8+ years in the life insurance or BFSI sector, with at least 2 to 3 years specifically in agency channel team handling
- Skills Required:
- Strong leadership and team-building capabilities.
- Local market knowledge and strategic sales planning.
- Proficiency in performance tracking, recruitment metrics, and regulatory compliance.
📌 Branch Manager (Chennai)
🏢 Bajaj Life Insurance
📍 Chennai
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