Branch Head-DSF-KOLKATA

Job Description

Key ChallengesPerforming despite unethical market practices prevailing in the market Retention of the Quality Sales Force owing to stiff competitionEnsuring the quality of new advisors who are being introduced in to the system because its practically not possible to meet each and every advisor getting recruited.Equipping the new advisors with proper knowledge owing to poor turnout in training programs4) KEY RESULT AREAS: WRITE THE KEY RESULTS EXPECTED FROM THE JOB AND THE SUPPORTING ACTIONS FOR EACH OF THESE KEY RESULT AREAS (FOR A MAJORITY OF JOBS TYPICALLY THERE COULD BE 4- 7 KEY RESULT AREAS)- MAXIMUM 10 KRAS CAN BE UPDATEDKey Result Areas (Max 1325 Characters)Supporting Actions (Max 1325 Characters)Plan sales strategies and achieve branch business targets in terms of number of agents, productivity, new premium, persistency of business.Scan the market for emerging opportunities, the presence of competition etc and plans for the progress of his branch in consultation with HOEnsure strategies include effective product mix, tapping of potential customers, contests and delivery of investment advisory to customers.Ensure implementation of the plans & monitor same to ensure successPromote productivity of the field force through effective people management.Ensure regular training of advisors and provide latest input given by company to them. Discuss with them the promotional infrastructure decided by company and have review of their progress in terms of competition, activisation and club membership.Establish good working habits for the force, undertake productivity improvement drives, organize specialized training programs etc.Ensuring persistency of the business in order to ensure enhance business goals.By doing random quality checks on the business sourced to maintain desired persistency levels.Ensure post sales servicing are through in order to retain customers.Inculcate a culture of financial discipline in the branch to have well control on revenue.Ensure that strict control is maintained on the cash transactions in the branch.Ensure that budget is maintained on all capital and operating expenses incurred.Ensure 100 % compliance in order to smooth running of the operation and enhance the productivity in the assigned branch.Monitor process adherence at the branchProvide regular update to the sales force /operation staff regarding changes in the Underwriting /IRDA Guidelines as well as Sales Process from time to time.Drive sales promotional activities in order to achieve the business numbers.Initiate and ensure implementation of different activities to promote sales & recruitment.Liaise with the concerned HO teams to drive central initiatives Ensure adequate promotional effort is delivered to existing and potential customers.Recommend product and process improvement to the company to enhance efficiencies and customer satisfaction.Evaluate customer response to our products, services, processes and people and suggest innovations/ improvements/ changes in these areas.Ensure effective administration of the branch to sustain smooth functioning and operations in a cost effective way.Ensure that the general administration of the branch is as per requirement Team ManagementEnsure through continuous on the job training, skill enhancement of teamMentor, supervise and coach the team.Provide for on the job as well as classroom training for skill enhancementEnsure periodic job rotation to give a higher exposure to the team members on all aspects.5) JOB PURPOSE OF DIRECT REPORTS: DESCRIBE THE JOB PURPOSE OF THE DIRECT REPORT/S TO THE JOB (IN 2-3 LINES FOR EACH REPORT) Front Line Sales - AM-SAM-BDM-AP-BP-MP:The purpose of this job is to recruit quality advisors (free lancer) & support / train them to enable them procure insurance policies from the market & subsequently service the customers.Sales Support executive:To coordinate advisor training, licensing and advisor activisation (Advisor IRDA training and advisor servicing) to provide business support to sales.Rookie Coach:To improve the overall productivity of the 0 to 6 month vintage FLS. Work on the distribution building process in the branch and improve the input output ratio.

Keyskills :
branchsalesbranch managementbusiness support system