Business Development Manager

Job Title: Advisor Development & Retention Manager (ADRM)

Department: Agency Channel – Advisor Development & Retention
Location: [Delhi]
Company: Max Life Insurance

Ctc-upto 4.25 LPA

Role Objective:

To manage and support a team of existing insurance advisors, focusing on their development, activation, and retention to drive consistent business performance.

Key Responsibilities:

• Advisor Engagement & Support:

  • Oversee a portfolio of 15–30 existing advisors, ensuring their continuous engagement and productivity.

  • Provide regular training sessions to enhance advisors' product knowledge and sales skills.

  • Monitor advisors' performance metrics and implement strategies to improve their activation rates.

• Retention Strategies:

  • Develop and execute initiatives aimed at retaining high-performing advisors.

  • Address concerns and challenges faced by advisors to reduce attrition.

  • Collaborate with cross-functional teams to provide necessary support and resources to advisors.

• Performance Monitoring:

  • Track monthly, quarterly, and annual performance targets for each advisor.

  • Analyze performance data to identify trends and areas for improvement.

  • Prepare and present reports on advisor performance and retention metrics to senior management.

Key Performance Indicators (KPIs):

• Advisor Activation Rate

• Advisor Retention Rate

• Business Volume from Managed Advisors

• Training and Development Hours per Advisor

Skills & Qualifications:

• Bachelor's degree in any discipline

• 1–2 years of experience in insurance sales, advisor management, or a related field.

• Ability to analyze performance data and implement improvement strategies.

• It is a Full Time Field Sales job for candidates with 1 - 2 years of experience.

More about this Business Development Manager job

1. What is the eligibility criteria to apply for this Business Development Manager job?
   Ans: The candidate should be Graduate and above and above with 1 - 2 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹20000 - ₹35000 per month that depends on your interview. It's a Full Time job in Delhi.
3. How many working days are there for this Business Development Manager job?
   Ans: This Business Development Manager job will have 6 working days.
4. Are there any charges applicable while applying or joining this Business Development Manager job?
   Ans: No, there is no fee applicable for applying this Business Development Manager job and during the employment with the company, i.e., Max Life Insurance.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Business Development Manager role?
   Ans: There is an immediate opening of 20 Business Development Manager at Max Life Insurance
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Field Sales job.
8. What are the timings of this Business Development Manager job?
   Ans: This Business Development Manager job has 09:00 AM - 06:00 PM timing.