Job Description: Branch Manager

Company: Muthoot Risk Insurance

Locations: Kollam, Alappuzha, Ernakulam, Thrissur

Department: Sales & Distribution (Agency / Direct Channel)

Job Purpose

The Branch Manager is responsible for overseeing the overall profitability and operational efficiency of the branch. The primary focus is to drive business growth through the recruitment, training, and management of a high-performing sales team (Agency or Direct) to meet and exceed life insurance sales targets.

Key Responsibilities

• Business Development: Strategy planning to achieve branch-level sales targets and ensuring consistent month-on-month growth.

• Team Management: Recruit, mentor, and motivate a team of Agency Managers or Sales Professionals. Monitor their daily activities and performance.

• Channel Management: Drive sales through the assigned channel (Agency or Direct), ensuring high productivity and quality of business.

• Training & Coaching: Conduct regular product training and sales workshops for the team to keep them updated on market trends and company offerings.

• Compliance & Process: Ensure all business activities adhere to IRDAI guidelines and company policies. Maintain high standards of ethics and lead-to-conversion ratios.

• Customer Relationship Management: Support the team in resolving customer queries and ensuring high levels of customer satisfaction and policy retention.

Candidate Profile

• Experience: Minimum 2-3 years of proven experience in Life Insurance sales (Agency or Direct channels).

• Skills: Strong leadership, communication, and interpersonal skills. Must have a deep understanding of the life insurance market in Kerala.

• Education: Graduate in any discipline (Post-graduation/MBA is an added advantage).

• Attributes: Goal-oriented with a track record of achieving sales milestones and leading teams effectively.

Compensation & Benefits

• Fixed Salary: Up to 5 LPA (Fixed)

• Variable: Highly rewarding Incentive Structure based on performance.

• Growth: Defined career progression path within the Muthoot Group.