Business Manager - Life Insurance

Key Responsibilities:

Business Development:

- Develop and execute strategies to grow the life insurance business through agency channels.

- Achieve and exceed business targets in terms of sales volume, product mix, and agent recruitment.

- Identify new markets and opportunities for business expansion within the region.

Agency Management:

- Build, manage, and nurture relationships with life insurance agents.

- Provide continuous support to agents, including product training, performance coaching, and sales tactics.

- Collaborate with agents to help them achieve their individual sales goals and develop their business portfolios.

Team Leadership:

- Lead a team of agents to meet organizational sales objectives.

- Conduct regular meetings and reviews with agents to monitor performance and provide feedback.

- Foster a collaborative and results-oriented environment among the agency network.

Sales Operations:

- Plan and oversee the implementation of sales strategies to achieve targets.

- Ensure effective and timely communication between agents and the company, addressing any challenges that arise.

- Analyze sales data and market trends to improve performance and identify areas for development.

Customer Engagement:

- Build and maintain strong relationships with clients, ensuring high levels of customer satisfaction.

- Assist agents in addressing client concerns and resolving issues promptly.

- Promote and cross-sell various life insurance products to maximize business growth.

Key Requirements:

Experience:

- Minimum 3 years of experience in the Life Insurance industry, specifically within an Agency Model.

- Proven track record of success in business management and achieving sales targets in the insurance domain.

Industry Knowledge:

- Strong understanding of life insurance products, policies, and regulations.

- Experience in building and managing an agency network, with a focus on recruitment, training, and performance management.

Skills:

- Excellent communication, negotiation, and leadership skills.

- Strong analytical skills to monitor performance and develop actionable insights.

- Ability to work independently and as part of a team, with a goal-oriented approach.

Education:

- Degree in Business, Marketing, Finance, or a related field.

- Additional certification in insurance or financial services is a plus