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Associate Agency Development Manager - Andhra Pradesh (Vishakhapatnam)

3.00 to 7.00 Years   Vijayawada,Other Andhra Pradesh   14 Nov, 2024
Kaarlo Training & HR Solutions Pvt Ltd
Job LocationVijayawada,Other Andhra Pradesh
EducationNot Mentioned
SalaryNot Disclosed
IndustryBFSI
Functional AreaNot Mentioned
EmploymentTypeFull-time

Job Description

    Job Description As an Associate Agency Development Manager (ADM), you will be responsible for supporting the development and growth of the agency distribution network for the insurance company. This role focuses on recruiting, training, and managing insurance agents and agency partners, while driving sales performance and ensuring the delivery of quality service to clients. You will work closely with the Agency Development Manager and other leadership to implement strategic initiatives aimed at expanding the agency channel.Requirements Agency Recruitment & Onboarding: Assist in identifying and recruiting potential agents and agency partners. Support the onboarding process, ensuring all necessary documentation, training, and certifications are completed in a timely manner. Maintain a pipeline of prospective agents and partners. Training & Development: Conduct training programs for new agents and ensure ongoing skill development for existing agents. Provide guidance on product knowledge, sales techniques, compliance, and company policies. Support agents in achieving their professional certifications, if required. Sales Support & Performance Monitoring: Support agents in achieving sales targets and business objectives by providing tools, resources, and advice. Monitor the sales performance of agents and identify areas for improvement. Assist in the development and implementation of incentive and motivation programs for agents. Relationship Management: Build strong relationships with agents to ensure long-term business success. Act as a point of contact for agents, addressing concerns and resolving issues promptly. Foster an environment of collaboration, driving mutual success for both agents and the company. Business Development: Assist in formulating and executing business development strategies to grow the agency network. Support agents in generating new leads and expanding their client base. Identify and capitalize on market opportunities to enhance agency performance. Compliance & Reporting: Ensure agents adhere to regulatory requirements, company policies, and ethical standards. Prepare and submit regular reports on recruitment, sales, and training progress to the Agency Development Manager. Monitor compliance with industry regulations and internal standards. Market Intelligence & Strategy: Gather market intelligence on competitors, industry trends, and customer preferences to help refine sales strategies. Assist in organizing promotional events, roadshows, and seminars to build brand presence and attract new agents. Team Collaboration: Work closely with other departments, such as marketing, product development, and claims, to align agency efforts with company goals. Contribute to cross-functional projects to improve overall business performance.BenefitsCareer growthRequirementsCredit Decisions Take sound lending decisions based on available information & interactions with the applicants. Manage credit quality and control delinquencies, frauds. Monitoring Performance Managing performance in terms of key drivers i.e. Loses / Portfolio quality parameters Cost of credit administration Employee Productivity,

Keyskills :
OnboardingSales SupportPerformance MonitoringRelationship ManagementBusiness DevelopmentMarket IntelligenceStrategyTeam CollaborationMonitoring PerformanceAgency RecruitmentTrainingDevelopmentComplianceReportingCredit DecisionsCost of credit

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