A Retail Partner (RP) at Bajaj Life Insurance is a team-building and business development role focused on recruiting, activating, and managing a network of Insurance Consultants/Advisors to drive life insurance sales. Job Overview * Role Title: Retail Partner (RP) * Channel: Retail Partner Distribution * Work Mode: Branch/Office-based * Career Progression: Associate Retail Partner (ARP) → Retail Partner (RP) → Senior Retail Partner (SRP) → Chief Retail Partner (CRP)

Key Responsibilities * Advisor Recruitment & Onboarding * Identify, source, and recruit prospective Insurance Consultants (ICs) / Advisors from your local network and company-provided leads. * Coordinate IRDAI (IC-38) exam training, documentation, and licensing formalities for new recruits. * Team Activation & Management * Train, mentor, and motivate recruited advisors on Bajaj Life product portfolios, sales pitches, and digital tools. * Ensure regular advisor activation (monthly/quarterly policy logins) and improve team retention. * Conduct daily/weekly performance reviews and goal-setting huddles with the team. * Business Development & Sales Execution * Drive monthly, quarterly, and annual new business premium (NBP) targets through your advisor team as well as direct customer sourcing. * Assist advisors in joint customer calls, financial need analysis, and closing high-ticket life insurance policies. * Maintain healthy product mix and ensure high policy persistency (timely renewals).



* Reporting & Compliance * Maintain accurate records of recruitment pipelines, advisor attendance, and daily sales activities. * Ensure strict adherence to IRDAI regulations and company underwriting/compliance guidelines.

Eligibility & Requirements * Education: Minimum Graduate in any discipline. * Age: Typically 22 to 32 years. * Experience: Open to both freshers and experienced professionals (candidates with prior sales, BFSI, or team-handling experience are preferred).

* Licensing: Must explicit the mandatory IRDAI advisor certification exam (if not already licensed). * Skills: Strong interpersonal and communication skills (English + local/regional language), leadership ability, and proficiency with smartphones and basic digital/CRM tools. Onboarding & Compensation Structure * Selection & OJT (On-the-Job Training): Candidates without prior insurance team-handling experience typically undergo an initial assignment phase involving IRDAI licensing, personal business targets, and initial advisor recruitment/activation before formal RP onboarding. * Earnings: Fixed monthly stipend/salary (varies by location and tier, typically starting around ₹19,000+ per month for full-time roles) plus performance-linked incentives, recruitment bonuses, contests, and statutory benefits (PF, Gratuity, ) as per company policy.

Pay: ₹15,000.00 - ₹22,000.00 per month

Benefits:

- Provident Fund

Work Location: In person

📌 Retail partner (Thakurdwara)
🏢 Bajaj Life
📍 Thakurdwara