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BM - Agency TIED - Gaya

Aditya Birla Group — Mumbai, MUMBAI

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Experience 6-11 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

Job Purpose

To ensure sales target achievement in the given territory and with the channel partner. Effectively Liaison both internally and externally to achieve the desired results.

Job Context & Major Challenges

Job Context / Job Challenges:

Opportunities-With the advent of medical advancements, lifestyle changes, change in Indian socio-economic scenario and Indian healthcare space the clients are facing challenges to cater to the needs of diverse workforce. Increasingly Indian clients have started considering group benefits as a lever to manage employee expectations, talent acquisition and retention. In this scenario it becomes extremely important to understand their psyche and then provide tailored solutions which would help them meet their end objectives and bring in profitable revenue source for the company.

Perspectives:

Distribution: To identify and develop a relationship with new partners to maximize reach. To strengthen relationships with partners to ensure greater mind-share and thereby higher market-share in a very short span of time.

To enable the teams to align with the organization objectives and processes to create an effective and motivated sales team which will lead to better productivity and quality of business. Implement long term and short term strategic plans to increase the market share and profitability in line with the companys business objectives.

Identifying new segments and opportunities to structure offerings and cross sell in a very competitive market.

Key Challenges for the role-

1. Given that close to 90 percent of the activity in terms of the deals coming in the market to be fought are from our partners, working with them in terms of structuring their payouts gets to be a challenge. There are peers in the market who adopt aggressive payout strategies whether it be a new business or it be a renewal and have a faster turn-around process for the same to be remitted.
2. Partners keep doing off-sites at local levels for the team players and hence that gets them a marginal head start. Hence these factors have to be taken into account and managed accordingly.
3. How we build a scenario with partners where they start to look at us as a longer duration partnership and work in progress and not just as a transaction basis remains a key.
4. Similarly building a relationship with partners to constantly seek insights on what the competition is upto and also what are some of the new thoughts that can be pursued is a key challenge that needs to be pursued. Enhance Top-line revenue growth
5. Owning the customer experience ; Marketing as a service

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)
KRA1Ensure budgeted capacitation of FLS & achieve assigned business target by ensuring performance of assigned FLS with respect to recruitment of Advisors & achievement of business targets.Ensure budgeted capacitation of FLS & achieve assigned business target by ensuring performance of assigned FLS with respect to recruitment of Advisors & achievement of business targets
KRA2Drive implementation of agency initiatives aimed at improving sales productivity across all FLS.Drive implementation of agency initiatives aimed at improving sales productivity across all FLS.
KRA3Ensure renewal targets are met and business health for the allotted branch so that functional goals are achieved.Ensure renewal targets are met and business health for the allotted branch so that functional goals are achieved.
KRA4Relationship Management (Internal & External) to drive performance.Relationship Management (Internal & External) to drive performance.
KRA5Drive local sales promotion effort for to support team members in achieving business targetsDrive local sales promotion effort for to support team members in achieving business targets
KRA6Ensure Risk Management as per company policy.Ensure Risk Management as per company policy.
KRA7Ensure compliance objectives and regulatory norms are achieved as per defined organizational guidelines.Ensure compliance objectives and regulatory norms are achieved as per defined organizational guidelines.
KRA8Identify and develop a team of sales professionals for the branchIdentify and develop a team of sales professionals for the branch

Frequently Asked Questions

What are the eligibility criteria for the BM - Agency TIED - Gaya job at Aditya Birla Group?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 6-11 Years years of relevant experience expected for this role.

What are the primary responsibilities of a BM - Agency TIED - Gaya at Aditya Birla Group?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a BM - Agency TIED - Gaya at Aditya Birla Group.

Is prior experience required for this position?

This role requires around 6-11 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the BM - Agency TIED - Gaya role at Aditya Birla Group?

You can apply directly using the Apply Now button on this page, which will take you to Aditya Birla Group's application process for this role.