drjobs Circle Head - KVB Bank

Circle Head - KVB Bank

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1 Vacancy
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Job Location drjobs

Madurai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Purpose:

To drive sales growth productivity and compliance within the assigned Circle through effective leadership of a team of Territory Heads / Cluster Managers. The Circle Head will be responsible for expanding the distribution network maintaining partner relationships (in Bancassurance) and ensuring a high-performance culture aligned with the organizations business goals.

Key Responsibilities: 1. Business Growth & Revenue Generation
  • Drive the achievement of Circle-level new business premium (NBP) persistency and product mix targets.

  • Monitor and analyze daily/monthly performance metrics to ensure achievement of sales objectives.

  • Execute strategic plans to penetrate underperforming areas and grow market share.

2. Team Leadership & Development
  • Manage and mentor a team of Territory/Cluster Heads and their respective teams (Agency Leaders Sales Managers or Relationship Managers).

  • Conduct regular performance reviews and implement corrective actions where needed.

  • Ensure capability-building through training upskilling and succession planning.

3. Channel Management (as per channel type):
  • Agency:

    • Expand the agent network and improve activation rates.

    • Ensure licensing onboarding and productivity enhancement of agents and agency leaders.

  • Bancassurance:

    • Build and maintain strong working relationships with senior leadership at bank branches and clusters.

    • Drive branch-wise activation and bank staff engagement through joint activities training and performance reviews.

  • Direct / Alternate Channels:

    • Drive productivity of in-house sales team telesales or digital channels within the Circle.

4. Process & Compliance
  • Ensure all sales processes comply with IRDAI guidelines and internal policies.

  • Maintain high levels of quality in documentation reporting and audit readiness.

  • Monitor persistency mis-selling and other compliance parameters closely.

5. Stakeholder Engagement
  • Collaborate with internal departments like Training Operations HR and Marketing to drive business outcomes.

  • Represent the Circle in zonal and national-level reviews and planning sessions

Employment Type

Full-time

Company Industry

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