Job Description: Unit Manager - Insurance.
Location: Hyderabad and Coimbatore
Job Type: Full Time
Role Summary We are seeking a proactive and goal-oriented Unit Manager - Insurance (CMI) to expand and strengthen our insurance business by enrolling and empowering existing NJ Wealth Mutual Fund distributors to be POSP (Point of Sales Person) or BQP (Business Qualified Person). The role involves strategic planning, relationship management, and achievement of business targets through effective collaboration and execution.
Key Responsibilities
● Partner Engagement & Recruitment:
○ Identify and onboard existing NJ Wealth Mutual Fund partners as POSP or BQP to
initiate and expand insurance-related business activities.
○ Explain the benefits, process, and scope of the POSP/BQP roles effectively to
ensure partner enrollment.
● Strategic Planning:
○ Collaborate with Senior Managers to devise and implement strategies for the
development of insurance products within the branch.
○ Drive and monitor progress on recruitment and insurance sales targets.
● Relationship Management:
○ Build and nurture positive working relationships with partners to promote long-term
business growth.
○ Provide support to the POSP / CIA to achieve their goals.
● Product Promotion:
○ Focus on the promotion and sales of both Life and Non-Life Insurance products.
○ Ensure a thorough understanding of insurance products to guide and assist partners
effectively.
● Business Targets:
○ Achieve recruitment targets for POSP/BQP roles.
○ Drive the sales and penetration of insurance products within the assigned
branch/region.
Requirements
● Educational Qualification: Bachelor’s OR Master’s degree in any discipline
(Finance/Insurance background preferred).
● Experience: 2–7 years in business development or sales in insurance or financial services.
● Skills:
○ Excellent communication and interpersonal skills.
○ Strategic thinking with strong organizational and planning abilities.
○ Proven ability to meet targets and drive business results
Application Question(s):
- How many years of experience do you have?
- What is your current CTC and expected CTC?
- Please specify your last working day or if you are available to join immediately.
- This role requires presence in Hyderabad/Coimbatore. Are you comfortable with this arrangement, or are you willing to relocate to one of these cities?
- Can you walk us through the steps you would take to convert existing NJ Wealth Mutual Fund distributors into effective POSPs or BQPs?
- What criteria do you use to prioritize which distributor segments to focus on when expanding insurance sales?
Work Location: In person
