Job Description:Job DescriptionA Position OverviewPosition TitleAssistant Manager - Agency Business AssociatesDepartmentBusiness Associate Model – Agency SalesLevel/ Band301- Assistant ManagerRole 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.B Organizational RelationshipsReports ToBranch ManagerSupervisesNAC Job DimensionsGeographic Area CoveredDefined BranchStakeholders InternalAgency Sales TrainingBranch OperationsDistribution OperationsExternalBAs and AdvisorsD Key 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.F Skills RequiredTechnical§ Good Knowledge of MS Office / MS ExcelBehavioralEssentialDesiredInterpersonal skills·Communication skills·Creative thinking skills·Supervising/Leadership skills·Teamwork Skills·Influencing skills·Relationship Building skills·Decision making skills·G Incumbent CharacteristicsEssentialDesiredQualificationGraduate SkillsAbout Company:Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.
