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Same Day Offer in KOTAK LIFE INSURANCE as RDM(Agency/Direct Channel)

Keywords / Skills : Sales Marketing, Direct Sales, Direct Marketing, Sales Manager, Corporate Sales, Relationship Manager, Business Development Manager, Sales Executive, Business Development Executive, Sales Officer

2 - 7 years
Posted: 2018-11-08

Job Description
Dear Candidate, 
On roll Job profile Please refer your friends also. We are dealing in all over India with MAX LIFE INSURANCE, KOTAK LIFE INSURANCE, BHARTI AXA LIFE INSURANCE, AVIVA LIFE INSURANCE and AEGON RELIGARE LIFE INSURANCE. 
We have some opening in Bharti axa life insurance company.Bharti AXA Life Insurance is a joint venture between Bharti, India's leading private telecom company and AXA, world leader in financial protection and wealth management. Our philosophy is built around the promise of making people "Life Confident". 
About Kotak Life Insurance: 
• Kotak Life Insurance grew by 28% last year against the industry growth of 27%.
• Kotak Life is No 1 in Agent Recruitment among all private life insurers in FY’15-16 as on December 2015 beating companies like SBI and Reliance.
• Golden Peacock Awards are extremely tough to win and are regarded as the Gold Standard in Corporate Excellence recognition. Also KLI Training Team has won this prestigious award for 2 years in a row (2014 and 2015)
• KLI was adjudged India’s Most Trusted Private Life Insurer by Businessworld Survey of India’s Most Respected Companies in October 2013.
• Claim settlement ratio of 97.5% - One of the highest in the life insurance industry
• Kotak Life Insurance won Execution Excellence Award 2013-14 for best execution by Franklin Covey.
• Kotak Life Insurance IS THE ONLY PRIVATE LIFE INSURANCE COMPANY IN INDIA to remain profitable for 8 years in a row consecutively. (right from 2008-09 despite market crash and regulatory changes)
• Kotak Mahindra Bank – ING Vysya Bank Merger - The biggest consolidation of one bank into another. Combined Kotak Mahindra Bank will be the 4th biggest private bank with 1,214 branches, 1,794 ATMs, nearly 10 million customers and 39,720 employees.
• Also, KMB has also bought out the foreign stakes in Kotak Old Mutual Life Insurance making KLI the only wholly Indian owned insurance company in the country.
• In a recent article dated 3 May, 2018 published in LiveMint, it was mentioned that the market valuation of KMBL increased because of the great performance by Kotak Life Insurance in FY 17-18. The insurance operations reported a profit growth of 36% in the last FY.
RDM role, Earning Potential & benefits
This is not a typical sales manager profile but a sales leader profile where you have to recruit advisors, coach & develop them & generate business through them.
• Earning potential is huge as they offer the best incentives structure in the industry for RDMs.
• Incentives are based on your inputs/efforts as well as output. An RDM on an average can earn Rs 2-3 Lacs additional as incentives over & above his salary.
• They have a defined career track & promotion criteria is not time bound. As soon as you achieve your goal sheet, you will get promoted to next level & will also get a hike of 12% on your CTC.
• Some of the top RDMs have earned as high as 7-8Lacs incentives annually.
• RDMs are also eligible for LTIP (long term incentive plan) where they can earn a payout as high as 80K in just 6 months on achieving certain business criteria apart from monthly & quarterly incentiveson the same business.
• For this company provides you a structured training program on insurance industry, products etc. 9 days of classroom training(NEEV) & another 10-11 days of on the job training done by manager.
• Dedicated trainer in every branch. In the RDM Onboarding all the stakeholders from all the depts. (Training, Sales , Operations, HR) will be involved to ensure proper handholding.
• An RDM is also eligible for other benefits like Mediclaim of 4 Lacs for self & family (upon confiration), PF, Gratuity, Group term life Insurance(applicable from day 1), provision for employee emergency loan.

Training Support & benefits for LAs 

• The earning potential for an LA is huge in KLI. Over & above their commission, they are also entitled for incentives, contests including foreign travel which company launches on a regular basis.
• R&R for the advisors is done on a regional, national & international level to motivate them & keep them engaged.
• Training support is available for the advisors as well. They even get a training allowance on attending the training & achieving certain business targets.
• There is a structured training roadmap of 5 years for advisors. Earning potential is huge for an advisor.
• There are growth opportunities available for them. They can either continue as a professional advisor or become an RDM (after completion of certain business criteria) or hire their own team of advisors & become an Agency Associate with us

Job Profile -
Manage Insurance sales goal achievement through :
- Recruiting agents
- Training and developing agents on an ongoing basis
- Achieve team sales target

- Deliver support to agents through coaching and act as a role model

- Recruit qualified agents inline with manpower targets through recruitment support and own referrals

- Conduct weekly / monthly meeting to review performance, disseminate Company information , address common problems and concerns and rally the team to achieve goals

- Set weekly production target for team of agents

- Identify agents development needs and work with Training Department to schedule appropriate technical, product and skills training

- Accompany agents on customer visits to support and improve sales skill

- Develop agents in line with career development / training requirements of the Company

Essential Attributes
Candidate should have stability in his career otherwise he will be rejected.
Candidate must be from Non Insurance background. Preferable Pharma Industry, Telecom, FMCG, Broking, Real Estate, Automobiles & Insurance also.

Additional Qualifiers
A Graduate or an MBA from a C/ D category school Graduation essential
in the Age bracket 24 years to 45 years Essential
With Sales experience of at least two years (or 1 year for an MBA) Essential
Should be staying in the city for last 2 years at least Essential
Should be able to understand English
Must be stable in Present Company Essential

The salary band for this role is 2.00 to 3.50 Lac + Medical Insurance + Attractive Incentive + bonus + Other Benefits
However, please note that the individual salary offered will be decided
by the company on a case to case basis depending upon the candidate capabilities.
Besides the fixed salary there are incentive schemes which are very
attractive and you have the potential to earn significant money. Over and
above this there are various Rewards and Recognition programs that run in
the company. The company offers good career opportunities to its people.

Please send your updated CV through return mail at the earliest.

Email id: [HIDDEN TEXT] 

Thanks & Regards 
Jaspreet Kaur
Principal Consultant-BFSI
Step Up HR
Ludhiana, Punjab.
Mob: 9317907163

About Company

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