Pramerica Life Insurance - City Head

Job Title : City Head

Location(s) : Chennai & Chandigarh

Department : Pioneer Connect

Based out of : Sales Office

Introduction about the Company

Pramerica stands for Prudential of America. In India, Pramerica Life Insurance Limited is a JV company of Prudential International InsuranceHoldings, Ltd., a fully owned subsidiary of Prudential Financial, Inc.; which is a 140 year old corporation and has operations in the United States, Asia, Europe and Latin America; and DIL (DHFL Investments Limited). Prudential Financial, Inc. companies include The Prudential Insurance Company of America, one of the largest life insurance companies in the U.S. Its International Insurance segment manufactures and distributes individual life insurance, retirement and related products in countries such as Japan, Taiwan, Brazil and Argentina. Prudential Financial, Inc. also provides life insurance products for middle income and mass affluent markets across Japan, Mexico, and has joint ventures in Chile, China, Malaysia, India and Indonesia.

Pramerica Life Insurance is headquartered at Gurugram in India and has over 3000 employees. It proudly protects over 1.8 crore lives in India (as on September 2019) and is committed to cater to their customer various financial protection needs such as securing their child's future, retirement planning, savings and wealth creation. The company's vision is to ensure that every life that it touches feels secure and enriched.

Position Summary:

Achieve targeted business results in the Retail business through effective implementation of Branch strategy into Operational effectiveness. Provide leadership and motivation to the team & your channel partners towards raising of performance standards, mentoring and training working effectively with the external environment and be a valuable resource to the Company.

Key Responsibilities:

- Business Results

- People Development

- Market development

- Customer Relationship Management

- Code of Conduct and Compliance of all Regulatory norms

Job Specifications:

- Graduate (10+2+3) / Post graduate or equivalent

- Minimum 8-10 years of work experience in sales Development role preferably through Distribution management

- Experience in the mortgages/insurance in sales role is necessary

- Local Area Candidates having the knowledge of potential market will be preferred

- Age 24 -40 Years

- Good Communication & presentation Skills

Job Description:

- Responsible for recruitment and management of RMs/DSA

- Identify, recruit and manage team of 8-10 Relationship managers

- Execution of sales strategy

- Increase market reach and penetration through market segmentation.

- Responsible for assessment of market potential and work towards tapping the same with business delivery month on month

- Ensure branch/unit profitability

- Train and motivate team /channel partner to provide a better understanding of market/products & processes

- Monitor and review team/channel partner's performance. Help them achieve business numbers through active engagement

- Planning and execution of marketing/engagement activities at local level

- Meeting the expectation of internal /external customers on a regular basis as per laid down service standards

- Seek new customers and increase sales.