The Preferred Relationship Manager-Preferred is the ultimate face of the business as (s) he is going to be the final point of contact with the client. (S)he would be responsible for acquiring High Net Worth relationships and managing & retaining such relationships by delivering the best standards of services. (S)he would be expected to establish strong ties with them by designing & implementing their financial plans; and then by ensuring that they receive and execute on the right advice.
Pre-Requisites: -
Roles and Responsibilities: -
Key Responsibilities:
Key Skills:
The Insurance Sales Specialist or Insurance Consultant will be responsible for driving premium-based issuance and business growth across assigned regions. The role focuses on lead generation, sales closures, employee and intermediary activation, persistency management, and compliance-driven training for Life and Health insurance products, including Group and NRI business.
Key Responsibilities
1. Sales & Business Delivery (Quantitative KRAs)
Ensure average 40% RM - Dealer activation per branch (quarterly).
Ensure monthly branch activation.
Track and drive minimum 2 insurance joint meetings per RM/Dealer per week.
Conduct at least 1 insurance training in every branch, every month.
Increase insurance participation from loss-making units/teams and support non-performers to achieve RSR through insurance contribution.
Support branch wise target planning and implementation of sales strategy & processes in coordination with Branch Managers.
Assist Regional Directors to do Insurance target planning for the region (bottoms up approach)
2. Premium-Based Issuance
Drive lead generation through direct channels.
Conduct joint sales calls with regional teams and intermediaries.
Ensure timely closures and smooth policy issuance.
Manage leakage to ensure revenue retention.
Ensure process adherence.
Coordinate closely with Regional Directors and local Insurance Company representatives.
Manage group insurance enquiries, facilitate RFQ completion, enable accurate and timely quotations, and provide end-to-end support for Group Insurance- GTL, GMC.
Generate NRI business through sales team.
3. Employee & Channel Activation (Direct)
Facilitate SP and POSP certifications as per regulatory norms.
Drive employee activation initiatives and sales contests to enhance productivity.
Provide effective sales tools, pitching material, and support to field teams.
4. Persistency Management
Maintain persistency benchmarks of Life: 90% and Health: 75%.
Track renewal performance and support, co-ordination with sales teams, IC and Jodhpur central team for timely renewal collection
Support ECS mandate attachment to improve renewal efficiency.
5. Training & Development
Conduct regular training sessions on processes and internal communication.
Co-ordinate with Insurance companies for calendarize regular training.
Deliver product and process training for Life, Health, and Group Insurance.
Ensure compliance with IRDAI guidelines and regulatory requirements.
This position reports to- Regional Director
Academic requirements- Graduate or Post Graduate
Experience- 10-12+ years of experience
Team handling experience- Yes
Key Competence & Skills required
Key Competence
Sales execution and premium-based business growth (Life & Health)
Channel, employee, and intermediary activation
Persistency, renewal, and revenue leakage management
Stakeholder coordination and regulatory compliance (IRDAI)
Skills
Strong communication, negotiation, and closure skills
Knowledge of Life, Health, Group (GTL/GMC), and NRI insurance products
Understanding of issuance, renewal, and ECS processes
MIS reporting, data analysis, and follow-up skills
Read LessThe Insurance Sales Specialist or Insurance Consultant will be responsible for driving premium-based issuance and business growth across assigned regions. The role focuses on lead generation, sales closures, employee and intermediary activation, persistency management, and compliance-driven training for Life and Health insurance products, including Group and NRI business.
Key Responsibilities
1. Sales & Business Delivery (Quantitative KRAs)
Ensure average 40% RM - Dealer activation per branch (quarterly).
Ensure monthly branch activation.
Track and drive minimum 2 insurance joint meetings per RM/Dealer per week.
Conduct at least 1 insurance training in every branch, every month.
Increase insurance participation from loss-making units/teams and support non-performers to achieve RSR through insurance contribution.
Support branch wise target planning and implementation of sales strategy & processes in coordination with Branch Managers.
Assist Regional Directors to do Insurance target planning for the region (bottoms up approach)
2. Premium-Based Issuance
Drive lead generation through direct channels.
Conduct joint sales calls with regional teams and intermediaries.
Ensure timely closures and smooth policy issuance.
Manage leakage to ensure revenue retention.
Ensure process adherence.
Coordinate closely with Regional Directors and local Insurance Company representatives.
Manage group insurance enquiries, facilitate RFQ completion, enable accurate and timely quotations, and provide end-to-end support for Group Insurance- GTL, GMC.
Generate NRI business through sales team.
3. Employee & Channel Activation (Direct)
Facilitate SP and POSP certifications as per regulatory norms.
Drive employee activation initiatives and sales contests to enhance productivity.
Provide effective sales tools, pitching material, and support to field teams.
4. Persistency Management
Maintain persistency benchmarks of Life: 90% and Health: 75%.
Track renewal performance and support, co-ordination with sales teams, IC and Jodhpur central team for timely renewal collection
Support ECS mandate attachment to improve renewal efficiency.
5. Training & Development
Conduct regular training sessions on processes and internal communication.
Co-ordinate with Insurance companies for calendarize regular training.
Deliver product and process training for Life, Health, and Group Insurance.
Ensure compliance with IRDAI guidelines and regulatory requirements.
This position reports to- Regional Director
Academic requirements- Graduate or Post Graduate
Experience- 10-12+ years of experience
Team handling experience- Yes
Key Competence & Skills required
Key Competence
Sales execution and premium-based business growth (Life & Health)
Channel, employee, and intermediary activation
Persistency, renewal, and revenue leakage management
Stakeholder coordination and regulatory compliance (IRDAI)
Skills
Strong communication, negotiation, and closure skills
Knowledge of Life, Health, Group (GTL/GMC), and NRI insurance products
Understanding of issuance, renewal, and ECS processes
MIS reporting, data analysis, and follow-up skills
Read Less