Relationship Manager Government Annuity
Share
Job Location:
Monthly Salary:
Posted on:
17 hours ago
Vacancies:
1 Vacancy
Job Summary
Position
Relationship Manager Government Annuity
Function
Government Annuity
Department
Retirement Benefits
Band
5/5A
JOB SUMMARY:
Responsible for achieving the targets for Retirement business through annuity along with protection/term plan in the assigned region. Responsible for executing the business plan by:
Reaching out to prospective clients and presenting our products to the targeted audience
Closing sale and following up on issuance
Creating awareness about our products in State and Central Govt departments
Update the sales process and maintaining the feedback of pre-exit database and increase the penetration of counter share
Keen knowledge of protection business and maintaining active sales pipeline for the same.
KEY RESPONSIBILITIES:
Responsible for implementing the sales plan of the assigned region
Responsible for achieving sales targets from assigned region
Assist in launching & driving Government Annuity Business
Assist in evaluating their needs to help select the best solution
Prepare periodic sales reports
Maintain database on Govt. and competitor information
Update the clients/ call reports accurately and efficiently and any competitors information as suggested by Goverment Annuity team
Continuously evaluate potential of Annuity Business in the region
Develop specific analysis parameters
Conduct analysis on the potential govt. departments and prepare reports for the Business Head
Collect competitor information on the Government Annuity Business
Adhere to all Organizations policies and procedures
Measures of Success:
Actual sales achieved vs the plan
Accuracy and timeliness of sales reports
Actual activity vs targeted activity
Accuracy of competitor information; up to date data
NPS/UPS sessions done vs Market share data for the counter
KEY RELATIONSHIPS:
Internal:
Business Heads
MLI HR & Sales Training Team
MLI Operations Team
External:
Top Clients
All Stakeholders
DESIRED QUALIFICATIONS & EXPERIENCE:
Graduate/Master of Business Administration preferably in Sales Marketing or Finance
Min 1 year of relevant experience or 2 years experience in Life Insurance
Position
Relationship Manager Government Annuity
Function
Government Annuity
Department
Retirement Benefits
Band
5/5A
JOB SUMMARY:
Responsible for achieving the targets for Retirement business through annuity along with protection/term plan in the assigned region. Responsible for executing the business plan by:
Reaching out to prospective clients and presenting our products to the targeted audience
Closing sale and following up on issuance
Creating awareness about our products in State and Central Govt departments
Update the sales process and maintaining the feedback of pre-exit database and increase the penetration of counter share
Keen knowledge of protection business and maintaining active sales pipeline for the same.
KEY RESPONSIBILITIES:
Responsible for implementing the sales plan of the assigned region
Responsible for achieving sales targets from assigned region
Assist in launching & driving Government Annuity Business
Assist in evaluating their needs to help select the best solution
Prepare periodic sales reports
Maintain database on Govt. and competitor information
Update the clients/ call reports accurately and efficiently and any competitors information as suggested by Goverment Annuity team
Continuously evaluate potential of Annuity Business in the region
Develop specific analysis parameters
Conduct analysis on the potential govt. departments and prepare reports for the Business Head
Collect competitor information on the Government Annuity Business
Adhere to all Organizations policies and procedures
Measures of Success:
Actual sales achieved vs the plan
Accuracy and timeliness of sales reports
Actual activity vs targeted activity
Accuracy of competitor information; up to date data
NPS/UPS sessions done vs Market share data for the counter
KEY RELATIONSHIPS:
Internal:
Business Heads
MLI HR & Sales Training Team
MLI Operations Team
External:
Top Clients
All Stakeholders
DESIRED QUALIFICATIONS & EXPERIENCE:
Graduate/Master of Business Administration preferably in Sales Marketing or Finance
Min 1 year of relevant experience or 2 years experience in Life Insurance
Required Experience:
Manager
Key Skills
- Business Development
- Sales Experience
- Loyalty Marketing
- Portfolio Management
- Wealth Management
- Financial Services
- Algebra
- Territory Management
- Banking
- Relationship Management
- Customer relationship management
- Geometry
About Company
Max Life Insurance , A leading life insurance company in India, offers a range of life insurance plans and policies to ensure Lifetime Protection for you and your family.
