Head of Agency (Individual Life) Insurance

Shanta Life Insurance PLC

Shanta Life Insurance PLC

 

Shanta Life Insurance PLC

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Summary

  • Vacancy: 1
  • Age: 40 to 55 years
  • Location: Dhaka (Gulshan)
  • Salary: Negotiable
  • Experience: At least 12 years
  • Published: 6 Jun 2024

 

Requirements

Education

  • Masters

Experience

  • At least 12 years
  • The applicants should have experience in the following business area(s):
    Banks, Insurance, Multinational Companies, Financial Technology (Fintech) Startup

Additional Requirements

  • Age 40 to 55 years

Responsibilities & Context

  • Creating a synergy between the Agency/Retail/ILB Distribution and the CDO in order to ensure the respective needs and goals are satisfied within company policies and practices.
  • Supervising a large direct sales force comprising a portfolio of Division Offices, Agency Branches and others offices.
  • To Recruit, Manage, Monitor, Evaluate and Retain Team of Sales Manager, Agency Executives, Agency Supervisor, BM, UM and FAs.
  • Leading and motivating the Sales Force and removing any real or assumed barriers to achieve budgeted objectives.
  • Achieving production, manpower and quality budgeted objectives.
  • Directing, developing and coaching Agency and Unit Managers to recruit and build a professional Full-Time Agent sales force.
  • Proposing challenging budget objectives for the Agency Outlets assigned, in the context of overall Company goals and implementing strategies and action plans.
  • Applying the established management process to ensure effective implementation and follow up of Agency performance and identifying/implementing new necessary initiatives/campaigns and corrective actions in advance.
  • Ensuring that the Agencies provide high quality, reliable service to the customers during the initial sales process and throughout the life of each policy.
  • Applying the Company standards and procedures, which facilitates the effective, disciplined, compliant, ethical and consistent functioning of the Agency structure.
  • Initiate and manage Branding, Campaigns, Contests, Annual & occasional Events.
  • Develop Sales Policy (Non-contractual Benefits), monthly sales engagement campaigns and business case in coordination with the Distribution team & CDO.
  • Monitor and analyze the success of various sales campaigns and bonus initiatives, pinpointing underachievers
  • Create metrics and key performance indicators to assess the efficacy and efficiency of sales activities; share daily sales progress with the management and provide early signals in case of probability of deviation from monthly and yearly plan.
  • Co-ordinate with stakeholders develop digitally enabled agency channel (e.g. Agent recruitment, Analytics dashboard etc.)
  • Prepare & present to discuss and identify issues with different projects, manage activities, timeline, track progress, escalate when needed.
  • Help the business team prepare for the monthly meeting with the management; monitor the stakeholders’ progress toward the goals the management set.
  • TBD Functional & Cross Functional Assignments/Projects.

Skills & Expertise

Good Communication Skill (Bangla and English)

Negociation Skill

Strategic Leadership

Team management

Workplace

Work at office

Employment Status

Full Time

Job Location

Dhaka (Gulshan)

Source link

To apply for this job email your details to admin@chakricircular.com