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    Job · 12533250

    Tata AIG Life Insurance logo

    Manager - Agency Business Associates

    Tata AIG Life Insurance · Erode · onsite · Posted 63d ago

    Not disclosed3–10 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Role description

    Position Title

    Business Associate Manager

    Department

    Business Associate Model - Agency Sales

    Level/ Band

    Assistant Manager / Manager (301 /401)

    Role Summary:Strengthens distribution by identifying potential leaders and ensures compliance to all internal processes and other compliance standards as set by the Company or the Regulator.

    BOrganizational Relationships

    Reports To

    BAM / ABAM IC / BAM IC / Location Head

    Supervises

    NA

    CJob Dimensions

    Geographic Area Covered

    Defined Branch

    StakeholdersInternal

    Agency Sales Training

    Branch Operations

    Distribution Operations

    External

    BAs and Advisors

    DKey Result Areas

    .Strengthen distribution by identifying potential leaders

    .Support and manage the BAs in Recruitment & Training of Advisors.

    .Manage Advisor career progressions and create a pool of Premier Advisors

    .Ensure Retention of Advisors by constantly engaging with them and their leaders

    .Drive profitable business by maintaining the desired product mix as prescribed by the company from time to time

    .Drive growth in New Business Premium (NBP)

    .Ensure good quality of business by ensuring collection of modal FYP as well as Renewal Premiums

    .Coach, Train and support the reporting managers (if any) as well as monitor and review their performance on a regular basis

    .Ensure compliance to all internal processes and other compliance standards as set by the Company or the Regulator.

    .Participate in risk mitigation plans, contingency planning, and business continuity programs by executing and reporting within defined timelines. Highlight and recommend process gaps, flaws and process changes.

    ECompetencies

    .Business Acumen and Strategic Orientation

    Has a fair understanding of own role and utilizes required skills and knowledge in one's own area of workto meet targets. Has a fair knowledge about company and competitor's products.Has a fair knowledge of the insurance industry, regulations and financial markets Understands the requirements of the customer and consumer to facilitate need based selling and emphasize on selling solutions.Has a fair understanding of BA model, leader compensation and Agent commission.

    .Building and Managing Relationships

    Empathizes and supports team members in every possible way and voices one's view on own or related area of work.Responds to complex queries from distributors and internal customers and keeps superiors informed about own actions and their context.Builds and maintains healthy relations with the distributors and internal customers to ensure seamless execution.Builds positive and reciprocal relationships that benefit the function.Acts to understand and respond appropriately to the concerns of others demonstrates openness and receptivity to new information.Builds and maintains strong network in the market / industry to expand distribution and maximize business.

    .People Development

    Builds a scientific and methodical recruitment engine to facilitate the right kind of Talent within the distribution and own team.Sets clear direction and gives step-by-step guidance to distributors in order to facilitate their journey through the learning curve.Builds others confidence and motivates team members to perform their jobs.Holds regular discussions with distributors to identify skill gap and conducts coaching sessions.Act as an enabler for the distributor within one own function / geography and is able to think for future course of action to build a strong and premier distribution channel.

    .Dealing with Ambiguity

    Understands, accepts and supports change at one's own level.Identifies key aspects of the issue and seeks clarification from superiors.Handles most pressure situations and problems with a sense of urgency for task completion.Applies conflict resolution skills to de-escalate, defuse, and/or resolve differences.

    Seeks details of possible changes and estimates the impact in one's own function / area of work. Conceptualizes, plans and implements change at one's own activity level. Handles pressure situations and problems appropriately and is able to prioritize issues.Persuasive and clear presentation of ideas to convince others and to gain acceptance of proposals/ plans.Aligns oneself to the changing business environment and communicates plan of action.

    .Innovation

    Is open minded when presented with a new perspective.Applies new information to work problems and situations.Recognizes when a situation calls for or can be improved by an approach different from the usual.Is able to deliver business results by being creative in approaching, dealing and addressing needs of customer and consumers.Seeks out ways to make a difference in one's own area of work continuously.

    .Drive for Results and Agility

    Reviews performance against goals and takes effective action to achieve them.Synergizes high performance oriented systems and processes to yield the desired results with agility.Sets clear expectations with the team to deliver performance oriented goals.Takes responsibility of one's own and teams decisions and actions.Communicates consistently with the team members and motivates team members for target achievement.

    FSkills Required

    Technical

    Good Knowledge of MS Office / MS Excel

    Behavioral

    Essential

    Desired

    Interpersonal skills

    .

    Communication skills

    .

    Creative thinking skills

    .

    Supervising/Leadership skills

    .

    Teamwork Skills

    .

    Influencing skills

    .

    Relationship Building skills

    .

    Decision making skills

    .

    GIncumbent Characteristics

    Essential

    Desired

    Qualification

    Graduate Skills

    MBA / PG

    Experience

    Assistant Manager 3 - 6 years

    Manager 6 - 10 years

    Sourced from foundit

    Skills

    excelMS Office

    About Tata AIA Life Insurance

    Tata AIG Life Insurance logo

    Tata AIG Life Insurance

    Insurance

    15.5k+

    employees

    2001

    25 years old

    Mumbai, Maharashtra

    India

    ₹6.2L PA avg

    Avg at Tata AIA Life Insurance

    About

    Tata AIA is amongst the fastest growing life insurance companies in India from where you can buy online life insurance policies with ease.

    Industries

    InsuranceFinancial Services

    Employee ratings

    10 reviews

    3.9/ 5

    Culture

    2.4

    Career growth

    2.0

    Work-life

    2.5

    Employees rate it well for

    Overall Company39Job Security38

    Find them on

    WebsiteLinkedInAmbitionBox reviews

    Manager - Agency Business Associates · waiting for your command