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Business Development Manager in Bangalore

  • Job
    Full-time
    Junior Level
  • Sales & Business Development
    Business, Operations & Strategy
  • Bangalore

AI generated summary

  • You should be a graduate with 1-2 years in sales, currently employed. Additionally, you must have lived in the same location for at least 2 years.
  • You will recruit and train insurance advisors, motivate them to meet sales targets, manage their performance, maintain stakeholder relationships, and ensure policy persistence for profitability.

Requirements

  • Education: Any Graduates
  • Experience: Min. 1-2 Years in any Domain Sales with current company
  • Candidate should be in same location min 2 years

Responsibilities

  • To recruit good quality prospective insurance advisors and ensure that they are acquiring licensing in order to achieve the sales target set by the company.
  • Motivating the advisors to achieve the sales target set by the company.
  • Provide on-the-job training and manage & monitor the performance of the advisors.
  • Relationship management with stakeholders.
  • Maintain persistence for the policies procured by the team of advisors to overall achieve the profitability of the team.

FAQs

What is the job title for this position?

The job title is Business Development Manager/Agency Manager.

What is the minimum educational qualification required for this role?

Any graduate is eligible to apply for this position.

How many years of experience are required for this position?

A minimum of 1-2 years of experience in any domain sales with the current company is required.

Is there a requirement for the candidate’s location?

Yes, the candidate should have been in the same location for a minimum of 2 years.

What are the key responsibilities of the Business Development Manager?

Key responsibilities include recruiting insurance advisors, motivating them to achieve sales targets, providing on-the-job training, managing performance, relationship management with stakeholders, and maintaining policy persistence for overall profitability.

Who is the hiring company for this position?

The hiring company is Aditya Birla Capital Limited (ABCL).

What types of services does Aditya Birla Capital Limited provide?

ABCL provides a range of financial services, including life insurance, asset management, private equity, corporate lending, structured finance, general insurance broking, wealth management, and housing finance, among others.

What is the company's ranking in fund management in India?

ABCL ranks among the top 5 fund managers in India (excluding LIC).

What is the revenue and profit before tax reported for the fiscal year 2016-17?

The revenue from businesses was Rs. 106 billion, and the profit before tax was Rs. 11.5 billion for fiscal 2016-17.

How many employees does Aditya Birla Capital Limited have?

ABCL is anchored by over 12,000 employees.

Does this position include any training responsibilities?

Yes, the position involves providing on-the-job training to advisors.

Is there a sales target that needs to be achieved in this role?

Yes, achieving the sales target set by the company is a key responsibility of the Business Development Manager.

Enriching Lives. Winning as ONE.

Finance
Industry
10,001+
Employees
2007
Founded Year

Mission & Purpose

Aditya Birla Capital is a financial services company offering a wide range of solutions, including asset management, insurance, and lending services. Their mission is to empower individuals and businesses by providing comprehensive financial solutions that foster growth and security. With a strong emphasis on customer-centricity, Aditya Birla Capital aims to deliver innovative products and services tailored to meet diverse financial needs. Their purpose is to build lasting relationships with clients while contributing to the overall economic development of communities and the country.