Area Manager- HDFC Bank- Bangalore
Aditya Birla Group —Karnataka
Area manager- Axis Bank- Bangalore
Aditya Birla Group —Karnataka
Circle Relationship Head- HDFC Bank- Bangalore
Aditya Birla Group —Karnataka
4d
Area Manager- HDFC BB- Bangalore
Aditya Birla Group —Karnataka
Circle Head- HDFC BB- Bangalore
Aditya Birla Group —Karnataka
Regional Sales Manager- HDFC Prime Bangalore
Aditya Birla Group —Karnataka
Private Wealth Manager (PWM)-Axis-Bangalore
Aditya Birla Group —Karnataka
14d
Sales Manager HDFC Prime Bangalore
Aditya Birla Group —Karnataka
Sales Manager Sourcing HDFC COP Bangalore
Aditya Birla Group —Karnataka
Cluster Manager TPD Axis Bangalore
Aditya Birla Group —Karnataka

Related jobs to explore

Based on your search for area manager hdfc bank bangalore

Area Manager- HDFC Bank- Bangalore
Aditya Birla Group —Karnataka
Evaluating the opportunity of each business unit and allocating targets as per that. Sales Manager / Senior Sales Manager: To derive Insurance Business from…
Manager - Complaints Handling and Escalations
Reward360 Global Services Private Limited —Bengaluru, Karnataka
5–8 years in customer service/complaints/escalations, ideally in BFSI, travel, or BPO/back-office operations. Experience working with OTA partners (MakeMyTrip,…
Quick apply

I want to receive the latest job alerts for area manager hdfc bank bangalore in ka

By signing in to your account, you agree to SimplyHired's Terms of Service and consent to our Cookie and Privacy Policy.

Explore jobs in more locations

area manager hdfc bank bangalore jobs near ka

Cluster Manager jobs in Karnataka

Project Manager jobs in Jaipur, Rajasthan

Regional Sales Manager jobs in Anantapur, Andhra Pradesh

Hr Manager jobs in Coimbatore, Tamil Nadu

Sales Executive jobs in Kolkata, West Bengal

Regional Sales Manager jobs in Midc, Aurangabad, Maharashtra

Regional Sales Manager jobs in Kampoo, Gwalior, Madhya Pradesh

Regional Sales Manager jobs in North Guwahati, Assam

Test Manager jobs in Chennai, Tamil Nadu

Hr Manager jobs in Salem, Tamil Nadu

Sales Manager jobs in Basti, Uttar Pradesh

Sales Manager jobs in Wagle Estate, Thane, Maharashtra

Sales Manager jobs in Mulund West, Mumbai, Maharashtra

Sales Manager jobs in Dwarka, Delhi, Delhi

Manager jobs in Chennai, Tamil Nadu

Sales Engineer jobs in Chennai, Tamil Nadu

Senior Hr Manager jobs in Coimbatore, Tamil Nadu

Area Manager jobs in Bhopal, Madhya Pradesh

Area Manager jobs in Hyderabad, Telangana

Operations Manager jobs in Kerala

Area Manager- HDFC Bank- Bangalore

Aditya Birla Group -
Karnataka

Apply Now

Job details

Full job description

Designation: Manager

Location: India Karnataka Jayanagar, Bangalore

Organization: Financial Services

Job Description:

Job Title

Regional/Area Manager – HDFC Relationship ( All Verticals)

Function

Sales

Department

HDFC Relationship

Reporting To

(Title)

Vertical Head HDFC Relationship

Superior’s Superior

(Title)

Relationship Head HDFC

Unit

Birla Sun Life Insurance Company Ltd

Location

Zone

Business

Life Insurance

1) Job Purpose

Drive business and achieve targets through allocated region/area. Nurture and maintain the relationship with the channel partner for the incremental development of the business contributing by the relation and help/supervise them for the smooth function of the business process flow. Manage a team of Sales Managers to maintain the proper process of doing valued business for the organisation.

2) Dimensions

What are the areas (in quantitative terms) the job has an impact on?

Dimension

Remarks

Manpower (Nos.)

4-5 depending on the relationship

Indirect – could range from 20 to 25

Target - (Individual )

Annualized Premium (AVG)– 5 to 10 Cr

Complete accountability of the Sales Target of the Vertical which has a direct impact on the Relationship’s top-line target.

Customer Complaints

0 Customer Complaints

At HDFC Customer Complaints are critical and hence every vertical head will look personally

Persistency

80% Premium Persistency

80% Policy Persistency

Drive 13 month Rolling Premium Persistency

3) Job Context & Major Challenges

(What are the specific aspects of the job that provide a challenge to the jobholder in the context of the Unit/Zone?

Key Challenges for the role –

High dependency on HDFC Bank relationships who may have their own priorities so alignment is the key.

Balancing between the process requirement and expectations of the Channel partners

4) Principal Accountabilities

Accountability

Supporting Actions

Ensure achievement of Targets (Premium & Revenue) in order to contribute in overall growth of the company

1. Continuous interaction ( as per RH / ZH's defined grid ) with the channel partners

2. Mapping all the key decision makers & build review mechanism per mapping basis decided Intervals

3. Aggressively downloading all the RnR activities to be run by BSLI

Ensure smooth function of the sales and other processes in order to maximise business potential.

1. Communicating any product changes, process change or change in any rules and regulations (internal / IRDA) with the help of different training module.

2. Supporting in the actual sales and service aspects including sales calls, issuance and complaint handling

Maintain the expense gap in order to reduce the cost

1. Understanding the need of the expense

2. Taking commitment from the channel before any spending or allocation of the budget

3. Maintain a SM wise expense tracker

Ensure relevant people in the right place right time in order to maximise the productivity

1. People Retention @ 90% levels to be maintained

2. Understanding the strength of the resource and depending on that allocating job responsibility

3. Evaluating the opportunity of each business unit and allocating targets as per that

4. Recruit, develop and train team members to maximize productivity

5. Position gaps / Vacancy to be filled within a TAT of T+15 Days

Ensure the right method of business acquisition in order get the profitable mix for the organisation

1. Scrutinise the business on regular basis

2. Maintain quality checks. Monitor Customer Complaints and adhere to defined resolution TATs - T + 72 Hrs

3. Take necessary documented actions against defaulting employees on quality / conduct parameters

Ensure Persistency targets ( from 2nd year ) as per the company norms so that renewals take place on time

1. Regular MIS flow and Communication with Channel Partners on T-30 Basis ( T Being the renewal date )

2. Resolve queries as and when required to ensure that renewal takes place on time

3. Fortnightly renewal status review mechanism to be followed internally

Building new business opportunities within the allocated area/relationships in order to maximise the productivity / Top Line

1. Identify innovative methods working with the relationship to enhance penetration of the database

2. SM Review Mechanism to have 40% Activation with 2 Case / Active @ 50K ATS to be focused

3. Ensure Product Mix - Trad 50% : ULIP 40% : Term 10%

4. 15% Business More than TATA Provide inputs for new products & Sales Pitch, basis an in-depth understanding of Channel needs

5. Identify training needs for the in-house and channel partner teams

6. Regular Product Updates and Comparative Analysis should be shared with Bank Leadership / Hierarchy

5) Job Purpose of Direct Reports

Sales Manager / Senior Sales Manager: To derive Insurance Business from assigned Relationship/Channel partner in an area or zone, to convince the relationship so they can convince their customer to invest in Birla Sunlife Insurance. To ensure all the pre and post sales support and services to the relationship as well as to the clients along with the team dedicated to the relationship. Ensure not only achieving the target but also to make sure there is a consistent growth in the business every quarter.

6) Relationships (If Applicable)

Internal

Frequency

Nature

TPD Support Team

Training Manager

HR Dept

Customer Service Team

Client Service Team

Daily

Weekly twice

Weekly

Daily

Process, login and issuance related

Training related

Recruitment and other issue

Follow up regarding service issue

Follow up regarding issuance

External

Frequency

Nature

Bancassurance partner

Client – prospect

Daily

All issue

Business and service

7) Organizational Relationships (Separate Annexure to be

Attached)

Head HR & Admin

Chief Mgr - HR

Perf, Comp & Ben.

SIGN-OFF

Signature

Name

Date

Job Analyst

Signature

Name

Apply Now

Refine Your Search

area manager hdfc bank bangalore jobs in ka

Area Manager- HDFC Bank- Bangalore

Area manager- Axis Bank- Bangalore

Circle Relationship Head- HDFC Bank- Bangalore

Area Manager- HDFC BB- Bangalore

Circle Head- HDFC BB- Bangalore

Regional Sales Manager- HDFC Prime Bangalore

Private Wealth Manager (PWM)-Axis-Bangalore

Sales Manager HDFC Prime Bangalore

Sales Manager Sourcing HDFC COP Bangalore

Cluster Manager TPD Axis Bangalore

Related jobs to explore

I want to receive the latest job alerts for area manager hdfc bank bangalore in ka

Explore jobs in more locations

Job Description:

Function

1) Job Purpose

3) Job Context & Major Challenges

4) Principal Accountabilities

5) Job Purpose of Direct Reports

6) Relationships (If Applicable)

Internal

Frequency

Nature

External

Frequency

Nature

7) Organizational Relationships (Separate Annexure to be

Attached)

SIGN-OFF

Jobseeker tools

Employer Tools

Browse

Stay Connected