drjobs Branch Manager Life Insurance - ELI

Branch Manager Life Insurance - ELI

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1 Vacancy
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Job Location drjobs

India

Monthly Salary drjobs

INR INR 400000 - 700000

Vacancy

1 Vacancy

Job Description

Client: Edelweiss Life Insurance

The Branch Manager (Life Insurance) plays a pivotal role in steering the success of the branch ensuring that all operations align with the organization s strategic objectives. This position demands a unique blend of leadership sales acumen and customercentric approaches to manage the branch effectively. By overseeing the sales team implementing robust training programs and maintaining high levels of customer satisfaction the Branch Manager ensures that both client needs and organizational goals are met. The individual is expected to possess an indepth understanding of life insurance products market trends and regulatory requirements. Additionally they will foster a motivating environment that encourages employees to excel while enhancing branch performance. Through effective planning and execution the Branch Manager will drive revenue growth and establish the branch as a trusted entity in the local community.


Key Responsibilities

  • Develop and implement strategic plans to achieve sales targets and maximize profitability.
  • Lead mentor and manage the branch sales team to ensure performance excellence.
  • Build and maintain strong relationships with clients to ensure longterm satisfaction and loyalty.
  • Monitor market trends to identify opportunities for growth and areas for improvement.
  • Conduct regular training sessions to enhance team skills and product knowledge.
  • Analyze branch performance metrics and prepare reports for senior management.
  • Ensure compliance with industry regulations and company policies.
  • Oversee daily branch operations to ensure efficiency and effectiveness.
  • Develop and manage the branch budget ensuring effective financial management.
  • Resolve client complaints and issues promptly and effectively.
  • Implement marketing strategies to promote branch services and enhance visibility.
  • Collaborate with other departments to ensure cohesive operation and communication.
  • Recruit and onboard new team members to strengthen branch capabilities.
  • Conduct performance reviews for team members to recognize achievements and provide feedback.
  • Participate in local community events to enhance brand presence and engage with potential clients.

Required Qualifications

  • Bachelors degree in Business Administration Finance or a related field.
  • A minimum of 5 years of experience in the life insurance sector with at least 2 years in a management role.
  • Strong knowledge of life insurance products and regulatory requirements.
  • Proven track record of achieving sales targets in a competitive environment.
  • Exceptional leadership and teambuilding skills.
  • Excellent verbal and written communication skills.
  • Ability to analyze financial data and performance metrics.
  • Demonstrated proficiency in customer relationship management (CRM) tools.
  • Strong problemsolving abilities and conflict resolution skills.
  • Willingness to engage in continuous learning and professional development.
  • Prior experience in training and developing team members.
  • Strong organizational skills with the ability to manage multiple priorities.
  • Ability to work effectively in a fastpaced environment.
  • Networking abilities to foster community relationships.
  • High ethical standards and a customercentric approach.
  • Flexibility to adapt to changing market conditions and business needs.

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Employment Type

Full Time

Company Industry

Key Skills

  • Sales Experience
  • Financial Acumen
  • Financial Concepts
  • Management Experience
  • QlikView
  • Serving Experience
  • Retail Sales
  • Banking
  • Securities Law
  • Product Lifecycle Management
  • Mentoring
  • Supervising Experience

About Company

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