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Job description

Please call or Whatsapp your resume to Monika @ 94623 50734 to arrange the interview

Designation: Associate Recruitment and Development Manager (ARDM) / Business Development Executive for Life Insurance Products

Primary Responsibilities:

• Recruiting by selling career opportunity to prospective advisors
• Recruitment quality advisors through field, natural market and other activities
• Ensure that advisors undergo proper training on product, regulations and other selling inputs
• Monitoring and tracking of business performance of advisors
• Inculcate product as well as practical training to the advisors by accompanying them to client meetings
• Guiding advisors on the sales funnel and achieving revenue targets
• Helping in need analysis of prospective customer to high level of customer satisfaction leading to customer delight
• Carrying out various promotional activities for sales as well as for recruitment
• Accountable for revenue generation and achievement of business targets

Reporting Team:

• Reporting Designation: Branch Manager
• Reporting Department: Tied-Field Sales

Educational qualifications preferred:

• Category: Bachelor's Degree

Required Competencies:

Influential Skills, Relationship Building Skills, Achievement Oriented Skills

Required Skills::

Basis Computer Skills (MS - Office, Excel, Power Point)

Designation: Senior /Chief Managing Partner for Life Insurance Products

Position Description:

About Company

The Kotak Mahindra Group was founded in 1985 as a provider of financial services. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank Ltd, the parent company of Kotak Life Insurance. [6] The company started operations in 2001 on a 74:26 joint venture between Kotak Mahindra Bank Ltd and Old Mutual plc and is one of the fastest-growing insurance companies in India trusted by over 4 million policyholders nationwide.[7] Old Mutual Plc is a South African based Group engaged in providing International long-term savings, protection and investment services operating from 1845, and its products are in the field of life assurance, asset management, banking and general insurance in countries based in Europe, the Americas, Africa and Asia and also listed on the London Stock Exchange and the JSE, among others.[8] However, in 2017,Kotak Mahindra Bank bought Old Mutuals 26 per cent stake in the life insurance joint venture for Rs 1,293 crore, subject to approvals, making life insurance business fully owned by Kotak Mahindra Group.[9] Kotak Mahindra Life Insurance Company is 100% subsidiary of Kotak Bank and a leading private life insurance company in India covering more than 20 million members in country by 2020.

In Year 2019,Kotak Life Insurance and Instantpay collaborated to introduce insurance to first-time consumers and also digitally empower the semi-urban sections of the society on various insurance products.[10] InstantPay, is one of India's largest inclusive and neo Banking platform and had received the Corporate Agency license from the Insurance Regulatory Development Authority (IRDA)and plans to develop innovative and relevant insurance products for the customers in tier-2 and 3 cities. As per the agreement the latter company will use its vast network of more than 1 lakh merchants to introduce Kotak Life Insurance's products through its InstantPay portal or app, which currently has an annual premium as low as Rs 200.