Assistant Regional Manager - DSF - RanchiDesignation: ManagerLocation: India Jharkhand HB Road, RanchiOrganization: Financial ServicesJob Description:Job PurposeJob Title Assistant Regional Manager FunctionDSF Department DSF - SalesReporting To (Title)Zonal Head/Asst. Zonal HeadSuperior’s Superior (Title)Head of Sales Unit Birla Sun Life Insurance Company LtdLocation ZoneBusiness Life Insurance Date May 20131) Job PurposeThe purpose of the job is to ensure execution of the sales distribution strategy for the allotted region through achievement of the allocated sales targets by effectively leading the complete sales force for the region while ensuring quality of business sourced and market conduct is as per defined guidelines 2) Dimensions What are the areas (in quantitative terms) the job has an impact on? DimensionRemarks1.ManpowerDirect: 14 to 17 (Branch Manager, Branch Head & Relationship Managers) Indirect: 175 to 210 FLS and Support Staff 2. Annualised Premium (in Cr)~ Rs. 10 to 40 cr 3.Net Annualised Advisor Commission (NAAC) (in Cr)~ Rs. 2.5cr – 5.5cr 4.Persistency85%13 month Rolling Premium Persistency5.Branches11 to 15 Branches 6. Activisation25% to 35% 7.Policies 7,500 to 15,000 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? Key Challenges for the role – · Unavailability of skilled manpower in small towns · Short gestation time to develop people because of fast business demand.· Managing Attrition at the frontline due to immense competition· Getting adequate infrastructure in place in small locations· Highly competitive and aggressive industry, especially in the Direct Sales Force channel· Ensuring a fine balance between the multiple demands placed on the sales force by multiple channels4) Principal AccountabilitiesAccountabilitySupporting ActionsEnsure effective execution of the business strategy in the Region1. Devise and execute branch-level plans based on market analysis to ensure achievement of targets2. Ensure effective communication and awareness of targets by each team member3. Conduct periodic reviews and recommend corrective action where required4. Drive and motivate team members to achieve business targets5. Ensure branches allocated are manned adequately with quality manpowerIdentify incremental business opportunities in the region through market intelligence & penetrate in underdeveloped market to enhance distribution reach1. Gain market intelligence in allocated geography2.



Devise and execute in place strategies to tap potential market.3. Ensure recruitment of advisors in the areas having unexploited potential 4. Enhance brand awareness in underdeveloped areas for future businessEnsure profitable and sustainable business by driving sourcing of high quality business sourced, market conduct in line with organizational and legal requirements as well as managing cost effectively1. Ensure that the business activities are carried out as per the compliance & regulatory guidelines laid by the company2. Put in place checks and balances to control the quality of business 3. Take corrective actions as and when any malpractice or market misconduct is found4. Drive awareness and adherence to persistency targets5. Monitor each branch’s actual expenditure against budget6. Initiate measures to curb the less significant expenses & drive profitability at the branches7. Drive branch profitability by taking new cost optimization initiatives Ensure high levels of motivation and productivity in the team by effective implementation of sales promotion & R & R programs and implementation of sales tools and processes1. Implementing Sales progression across the levels wherein people are more assured of career enhancement on delivery of the expectations 2. Drive periodic zonal and organizational R&R; initiatives and motivate team towards peak achievements3. Effectively communicate the promotional program to the entire sales team.4. Ensure branches plan the incremental revenues through these programs.5. Ensure the delivery of results during the program period6. Give feedback on the results of the promotional program.7. Identify opportunities, drive and monitor productivity enhancement initiatives8. Communicate the effective use of sales process to the entire sales team9. Plan and review the process at the BM/BH/ReM. FLS and the Advisor level and obtain the feedback for further enhancement.10. Facilitate the maintenance of proper database on day to day activities to monitor performanceEnsure streamlined teamwork with support functions such as Operations, Sales Training, Marketing, Compliance and HR to ensure achievement of regional business goals 1.



Giving proper support to the Operations team to improve the login to completion ratios for new business sourced as well as servicing to existing clients.2. Ensure team members are a part of planned Training initiatives so as to ensure they are adequately equipped in terms of knowledge and skill.3. Work with the HR team for manpower hiring, engagement and retention across region4. Work with the Zonal Compliance team to ensure awareness of prevailing guidelines, and taking proactive and corrective measures to ensure proper market conduct as stipulated5. Provide inputs for improvement of processes across all support functions Team Development 1. Ensure through continuous on the job training, skill enhancement of team members 5) Job Purpose of Direct Reports Branch Head:To lead the assigned branch by effective planning & management of resources and ensuring achievement of agreed business targets through effective sales strategies to help the branch lead in terms of market share and brand equity in a cost effective manner. Branch Manager: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. Relationship Manager:To ensure achievement of agreed business targets of super value branches by growing and developing a quality field force and guiding it to a leadership position in terms of market share and brand equity in the area of operation 6) Relationships (If Applicable)InternalFrequencyNatureOperations Department Training Channel Development HR Marketing Finance & A/c’s Investments Legal and compliance Weekly Monthly Monthly Weekly Monthly Monthly Monthly Need BasisPolicy Related Training MIS and giving requirements CD MIS and giving requirements Recruitment and other activities Promotional Activities and Launches Commissions and Reconciliation Training and understanding Market perspectives. Any Compliance matter to be addressedExternalFrequencyNatureCustomer Vendors Competition Advisors Recruitment AgenciesNeed Basis Need Basis As opportunity strikes As per Vacancies Queries, Problems etc As per the requirements or any Bill settlement queries To help them understand BSLI and join the same. To fill the required vacancies 7) Organizational Relationships (Separate Annexure to be Attached) Chief Mgr - HRPerf, Comp & Ben. SIGN-OFF Signature Name Date Job Analyst Signature Name Go BackApply to JobRefer a friend

📌 Assistant Regional Manager - Dsf - Ranchi
🏢 Birla Carbon Italy
📍 Ranchi