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| Job Location | Mumbai City |
| Education | Not Mentioned |
| Salary | Rs 4.0 - 8 Lakh/Yr |
| Industry | Recruitment Services |
| Functional Area | General / Other Software |
| EmploymentType | Full-time |
We have urgent opening for Channel Development Manager (Insurance Marketing Firm)Company Name: Max Life Insurance Company LtdQualification Required : Graduation (Minimum)Experience Required: At least 3-6 years of experience in Agency/ Banca Sales & Distribution in Life Insurance IndustryCTC: 4-8 lacs per annum depending on profile and experience.JOB SUMMARY:Implement the strategy to setup and develop the IMF Channel in the designated territory. Setup and manage a pool of 10-15 Insurance Marketing Firms/ Insurance Managers managing a revenue stream of around 2 cr.RESPONSIBILITIES & DUTIES:Understand the IMF regulation, value proposition & registration processIndependently implement the IMF acquisition plan in the territoryo Identify potential leads and sources for prospective IMF s, coordinate with HO for referred leadso Connect with prospects & organize seminars for IMF acquisition o Ensure conversion of leads through effective pitch of IMF value propositionEnsure quality of IMF s in sync with desired profileEnable the setup of IMF of agreed prospectso Understand all regulatory requirements and manage the IMF registration process with IRDAo Oversee technology support to enrolled IMF sEnsure seamless contracting of IMF s with Max LifeManage performance of setup IMF s in steady stateo Develop understanding of products & coach IMF staff on product USP so Implement a performance management and rewards system o Drive IMF profitability through improving productivity of IMF s sellers & controlling cost of saleso Provide marketing, training and operational support to IMF so Manage attrition of IMF s through revival or replacementDrive quality of business sourced from IMF so Ensure right product mix and control key quality measures such as leakage and persistencyMEASURES OF SUCCESSIMF AcquisitionRevenueIMF Activity & RetentionQuality of BusinessSalary4 Lac To 8 Lac P.A.IndustrySales/MarketingWork Experience3 - 8 YearsQualificationOther Bachelor Degree, Other Master Degree,
Keyskills :
sales recruitment marketing businessdevelopment insurance bancasales productmix saleschannel lifeinsurance qualitymeasures channeldevelopment operationalsupport insurancemarketing alesdistribution perfo