Job Responsibilities 

1. Agency Development

  • Recruit, onboard, and activate insurance advisors/agents as per business targets
  • Build and maintain a strong distribution network through continuous hiring
  • Ensure proper licensing and IRDAI compliance for new agents

2. Sales & Business Generation

  • Drive life insurance sales through the agency channel
  • Achieve monthly, quarterly, and annual premium targets (APE/NB)
  • Support agents in lead generation, prospecting, and closures

3. Agent Productivity Management

  • Monitor agent performance and productivity metrics
  • Motivate and guide agents to improve sales output
  • Conduct regular one-on-one reviews with agents

4. Training & Capability Building

  • Conduct field training and joint sales calls with agents
  • Facilitate product, process, and sales skill training sessions
  • Mentor new agents to ensure early-stage productivity

5. Customer Acquisition & Relationship Management

  • Ensure quality customer acquisition through agents
  • Maintain high persistency and renewal ratios
  • Address customer queries and support agents in service delivery

6. Business Quality & Compliance

  • Adhere to regulatory and company compliance norms (IRDAI guidelines)
  • Ensure proper documentation and KYC compliance
  • Focus on quality business with low early claims and high persistency

7. Market Intelligence

  • Track competitor activities, products, and market trends
  • Provide inputs to management for better strategies

8. Reporting & MIS

  • Maintain daily/weekly sales reports and activity trackers
  • Update CRM systems with accurate sales and agent data
  • Track pipeline and business forecast regularly

9. Team Collaboration

  • Coordinate with internal stakeholders (underwriting, operations, training)
  • Participate in branch-level initiatives and campaigns

Title:  Assistant Business Manager - Sourcing L2