14 Nov
|
h3 Technologies
|
Mumbai
14 Nov
h3 Technologies
Mumbai
Branch Manager (Insurance) Company: Saferspace Insurance Broking Pvt. Ltd. Department: Sales & Business Development
Experience:
5+ Years in Insurance Industry Employment Type: Full-Time Work Details:
- Work Mode: Work from Office (WFO) with field visits.
-
Working Hours
9:30 AM to 6:30 PM.
- Working Days: 6 days a week. EPF: Currently not provided. The company plans to introduce EPF within the next 2 months. Interview Process:
- Round 1: Virtual interview.
- Round 2: Face-to-face interview at the company's office.
- Interview Locations: Mumbai Mumbai Office Address: 505, 5th Floor, E-1 Wing, Kailash Esplanade, Opposite Shreyas Cinema, Ghatkopar West, Mumbai – 400086. Job Summary We are looking for a dynamic and result-oriented Branch Manager responsible for driving insurance business growth, building and managing a high-performing FLS team, achieving branch business targets, and ensuring smooth branch operations, compliance, and profitability.
Key Responsibilities
1. Sales & Business Development
- Drive Life and Health Insurance sales and achieve monthly and quarterly premium and revenue targets.
- Generate business through direct sales, referrals, corporate relationships, and approved distribution channels.
- Identify new business opportunities, expand market presence, and maintain strong client relationships.
- Monitor sales pipelines, conversions, and branch profitability.
- 2. Team Building & Leadership
- Recruit, train, mentor, and manage a productive FLS sales team.
- Maintain required team strength and assign individual and team business targets.
- Monitor daily productivity, conduct performance reviews, and provide field support.
- Identify underperformance and implement improvement plans to ensure target achievement.
- 3.
Business Targets & Performance
- Take ownership of branch business generation, revenue growth, and target achievement.
- Ensure consistent business contribution from individual team members.
- Monitor business commitments, identify performance gaps, and implement corrective strategies.
- 4. Branch Operations & Compliance
- Manage daily branch operations and ensure operational efficiency.
- Ensure compliance with company policies and applicable IRDAI regulations.
- Coordinate with insurers and internal teams for documentation, policy issuance, renewals, and customer servicing.
- Resolve customer escalations and maintain service quality.
- 5. Reporting & MIS
- Track daily, weekly, and monthly business performance and key performance indicators (KPIs).
- Prepare and submit MIS reports, sales forecasts, and performance updates to management.
- Monitor team productivity, business growth, and branch profitability.
- Qualifications & Requirements
- Bachelor's degree in any discipline; MBA preferred.
- Minimum 5 years of insurance industry experience , preferably in Life and Health Insurance.
- Minimum 2 years of team handling or branch management experience .
- Proven track record in insurance sales, target achievement, and team building.
- Solid knowledge of insurance products and applicable IRDAI guidelines.
- Excellent leadership, communication, negotiation, and problem-solving skills.
- Proficiency in MS Office, MIS reporting, and sales tracking.
- Key Performance Expectations
- The Branch Manager will be responsible for achieving assigned business targets, building and maintaining a productive FLS team, driving consistent sales performance, ensuring regulatory compliance, and contributing to overall branch growth and profitability.
📌 Branch Manager (Mumbai)
🏢 h3 Technologies
📍 Mumbai