We’re Hiring: Regional Manager – Retail Agency (Pan India)Industry - Life InsuranceLocation: Zone Region -EastPatna 2. Bengal 3. North East 4. BhubaneswarWest Ahmedabad 2. Bangalore 3. Bhopal 4. Maharashtra 5. Mumbai MetroReporting To: Regional DirectorDepartment: Retail AgencyExperience: 20+ years (5+ years handling agency channels at state/cluster level)Eligibility: Candidates with experience in insurance or financial services; must have graduation (post-graduation in business management preferred)Job PurposeThe Regional Manager will drive business and channel performance in the assigned region. The role includes achieving targets related to persistency, premium renewal, protection business, new business, mis-selling complaint ratios, minimizing attrition, and team development. The manager will also ensure optimal LM Team size, LM activation, and LM Club membership.Key Responsibilities1. Managerial ResponsibilitiesRecruit staff as per approved manpower planManage performance, provide coaching, and counsel team membersEnsure engagement and retention of talent2. Functional ResponsibilitiesTeam ManagementLead and manage a high-performing team to achieve business targetsFoster a collaborative and motivated team cultureSupport continuous skill development of team membersOversee development and confirmation of new LMs and DMsMinimize DM group attrition through effective team managementPerformance & Process ImprovementDevelop and implement strategic plans to enhance business performanceIdentify and drive process improvements in sales and distributionAchieve targets for branches meeting NB budgets and high ratingsImplement recruitment and training programs for team developmentDay-to-Day OperationsEnsure adherence to budget targets for persistency, premium renewal, protection business, and new businessMinimize mis-selling complaints and DM attritionEnsure active LM, LM Club members, and minimum business guarantees per DMStakeholder RelationsCollaborate with internal stakeholders (operations, sales strategy, sales training)Address concerns and maintain effective communication channelsBuild and maintain strong relationships with DMs and LMsJob RequirementsQualificationGraduation (mandatory)Post-Graduation in Business Management or equivalent (preferred)Experience20+ years of relevant experienceMinimum 5 years in agency channel management at state/cluster levelExperience in regulated industries (insurance or financial services preferred)SkillsKnowledge of insurance fundamentals, products, and processesUnderstanding of operating procedures and business development in insuranceAwareness of regulatory framework in insuranceInterested Candidates Can Share Their Updated Resume:-
Job Title
Regional Manager – Retail Agency