Internal Agency Partner

Kotak Life Insurance Company
New Delhi
Dariya Ganj, South Extension II
See more
1 year
Experience required
3,00,000 - 15,00,000
Annual salary
Full Time Job
Job schedule
Work days
5 per week
Shift timings
Morning Shift
9:30am - 6:30pm
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Minimum Requirements

*
Compulsory
Education
Below 10th mandatory
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Experience
Minimum 1 year of experience as Insurance Agent, Financial Planner, Back Office Executive, Data Entry Operator, Accountant, Customer Care, Data Collection Executive or Digital Marketing Expert mandatory
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Communication
Fluent English skills. Ability to , speak, read & write.
Fluent Hindi skills. Ability to , speak, read & write.
Age
25 - 60 yrs
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Skills
Agency Sales
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Life Insurance Sales
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Executive Leadership
1 more
Documents
Cheque Book / Pass Book
*
Marksheets and Degree
*
Photos
*
4 more
Others
Expected Salary
Notice Period

Job Description

Job Description-Internal Agency Partner


At Kotak life insurance, an agency partner needs to build up a team for business development as well as for revenue generation. This job involves communication with team members on regular basis pertaining to recruitment and to look into the sales of different types of Life Insurance products from Kotak. The job requires strong verbal communication, efficient team handling and customer management skills.


Duties and Responsibilities         


Ø Team Management.

Ø Timely Recruitment & Selection.

Ø Training & coaching the team to utilize maximum potential of individuals.

Ø Timely recognition of performance with awards and rewards.

Ø Retaining Employees through Motivation and Team Building.   

Ø Counseling of team members on career growth avenues.


Processes and Systems:-


Ø Ensuring Implementation of SOP and company guidelines.

Ø Ensuring timely renewal collection.

Ø Ensure timely claim submission and settlements.


Submission of proposals:-


Ø Helping the team to advise a suitable policy as per customer’s requirement.

Ø Submission of proposal with policy details to customers.

Ø Handling queries of customers.

Ø Ensuring timely login of insurance policy into the system with all the required documents.


Remunerations:-


Fixed Income: - Upto Rs.30, 000 monthly depending upon the size of the team.


Ø Variable Income: -On an Average Agency Partners are able to earn 10-15 Lacs per annum based on the team size. Highest earner in our channel has been 2 Cr per year till date.


Ø Flexibility in Working: Most of the time APs can operate from home however, they are also free to visit office as and when required.


Licensing:-

This job requires sound knowledge of the insurance sector, regulations, laws and need to update with any change in these areas.


Ø    An examination and licensing fees of INR 1200 needs to be paid at the time of    registration after successful interview and submission of documents.


Ø Each selected candidate has to undergo 6 days training which is 4 days of online training via Zoom and 2 days offline training program to understand the insurance sector and procure license to promote Individual insurance, Key man insurance and Employee Employer Insurance products.


Activation of License:-


Ø Each candidate will be given three days online product and selling skills training by our training department which is one of the best in the industry.


Ø AP will be involved in direct selling for training purposes and utilize their knowledge of insurance policies ,to evaluate each customer’s needs and offer the best plans.


Qualification:-


Ø Minimum requirement is graduation in any discipline. Past experience in sales and team management will be preferred.


Age:-


Ø Candidates have to be minimum 25 years of age however there is no upper age limit to join. House wives and retired people are also welcome.


Remuneration:-


Ø APs will be given lucrative incentives depending on the business generated.


Candidate will be promoted as Agency Partner on successful completion of three months training period and objectives.

About Company

Kotak Life Insurance Company
Kotak Mahindra Life Insurance Company Limited is a private Life Insurance company in India. The company was founded in 2001. It caters to 15 million customers and has 232 branches in around 167 cities and towns in India with 99,275 agents.
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