Aditya Birla Group

Accountability

Supporting Actions

Business Targets – To achieve Business Targets on focused Business parameters like premium, SP/branch activisation, product mix and Persistency thereby contributing to the overall Business Growth and profitability. 

1. Build effective relationship with the bank partner and become their first preferred insurer
2. Plan and achieve business targets through the team of FLS and SPs in the bank 
3. Ensure to increase SP Activisation and selling of greater NOPs through the Team of FLS for greater distribution of ABSLI products
4. Ensure selling of right Product Mix as defined by the organisation to achieve overall business growth and profits. 
5. Identify and implement new business opportunities within the allocated area to enhance penetration
6. Implement activities / programs designed at the organisational level to build great visibility, promote branding and strengthen our relationship with the bank. 
7. Train and appraise the bank staff on ABSLI products thereby creating a mind space and easy recall for them. 
8. Ensure right method of business acquisition and absolutely 0 % mis selling

Pre and Post-Sales Support and Service: To provide efficient and best in class, competitive products and services to both the Bank partner and customers

1. Enable the Team of FLS to independently sell ABSLI products by mapping customer needs correctly
2. Support the team of FLS on closing critical Sales call by demonstrating and mentoring them. 
3. Support and guide the FLS Team to ensure smooth functioning of the internal cross functional Teams and help them to overcome any road blocks in policy logging and issuance
4. Train the team of FLS to carry out end to end process of policy logging and issuance first time right to ensure speedy delivery and 0% leakage
5. Establish efficient methods to respond to customer queries and maintain persistency levels. 
6. Enable Team to cross sell and Upsell ABSLI products as per the customer requirements

Partner relationship Management: To build and strengthen the relationship with the partner bank and become their preferred partner

1. To be equipped with Bank’s product ranges and their key features along with the ABSLI products 
2. Develop a Team who can support the bank in meeting their Business targets 
3. Pay regular visits to bank branches and meet bank partners. 
4. Design differential strategies to gain mindshare and product mix basis the potential of the branch
5. Help the Bank branches to increase their overall LI pie 
6. Liaison with our Regional and Zonal Training Team and ensure periodic product training and branding within the branch for bank staff as well as FLS Team 
7. Design and launch various contests and appreciation platforms for the bank staff to achieve higher engagement

People Development: To build a highly motivated and productive team.

1. Attract, Recruit and Retain Talent in the market, ensure proper handholding and support is provided to the Team. 
2. Review and Monitor Team’s performance daily, mentor the FLS in the Middle and Low Performance Bucket, encourage and motivate to do well. 
3. Co- create and implement recognition platforms in order to build a capable and motivated team within the Cluster 
4. Ensure to provide constructive and efficient feedback to the Team and boost their morale for sales
5. To ensure performance spread in the Team, thereby creating opportunities for qualifying various R and R contests and initiatives as well as enabling team members to earn incentives and stay motivated.