Manager/ AVP/ VP/ SVP - Group Sales (Insurance)

Job Description

Title: Manager/ AVP/ VP/ SVP - Group Sales (Insurance)

Company Name: Akij Takaful Life Insurance PLC.

Vacancy: --

Age: 35 to 45 years

Location: Dhaka

Salary: Negotiable

Experience:
∎ 5 to 8 years
∎ The applicants should have experience in the following business area(s):Banks, Insurance, Manufacturing (FMCG), Group of Companies, Healthcare/Lifestyle product

Published: 12 Mar 2024

Education:
∎ Master of Business Administration (MBA)

Requirements:

Additional Requirements:
∎ Age 35 to 45 years

Responsibilities & Context:
∎ Develop and execute comprehensive strategies to drive growth and profitability in the group insurance segment, aligned with the company's overall business goals.
∎ Lead and manage the group sales team, providing guidance, mentorship, and support to ensure the achievement of targets and objectives.
∎ Identify and pursue opportunities to expand the company's presence in the group insurance market, including targeting new industries, sectors, and client segments.
∎ Cultivate and maintain relationships with key clients, brokers, consultants, and other stakeholders to maximize business opportunities and foster long-term partnerships.
∎ Oversee the development of innovative and competitive group insurance products and services, collaborating with product development, underwriting, and marketing teams as needed.
∎ Monitor market trends, competitor activities, and regulatory changes to anticipate challenges and opportunities in the group insurance landscape.
∎ Drive continuous improvement initiatives within the group sales function, optimizing processes, systems, and workflows to enhance efficiency and effectiveness.
∎ Prepare and present regular reports, forecasts, and performance metrics to senior management, providing insights and recommendations for strategic decision-making.
∎ Ensure compliance with all relevant laws, regulations, and industry standards governing the sale and administration of group insurance products.
∎ Represent the company at industry events, conferences, and forums to enhance the company's reputation and build networks within the insurance community.
∎ Develop and execute comprehensive strategies to drive growth and profitability in the group insurance segment, aligned with the company's overall business goals.
∎ Lead and manage the group sales team, providing guidance, mentorship, and support to ensure the achievement of targets and objectives.
∎ Identify and pursue opportunities to expand the company's presence in the group insurance market, including targeting new industries, sectors, and client segments.
∎ Cultivate and maintain relationships with key clients, brokers, consultants, and other stakeholders to maximize business opportunities and foster long-term partnerships.
∎ Oversee the development of innovative and competitive group insurance products and services, collaborating with product development, underwriting, and marketing teams as needed.
∎ Monitor market trends, competitor activities, and regulatory changes to anticipate challenges and opportunities in the group insurance landscape.
∎ Drive continuous improvement initiatives within the group sales function, optimizing processes, systems, and workflows to enhance efficiency and effectiveness.
∎ Prepare and present regular reports, forecasts, and performance metrics to senior management, providing insights and recommendations for strategic decision-making.
∎ Ensure compliance with all relevant laws, regulations, and industry standards governing the sale and administration of group insurance products.
∎ Represent the company at industry events, conferences, and forums to enhance the company's reputation and build networks within the insurance community.

Skills & Expertise:

Compensation & Other Benefits:
∎ T/A, Mobile bill, Tour allowance, Weekly 2 holidays
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ Akij Takaful Life Insurance PLC.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 11 Apr 2024

Category: Marketing/Sales

Interested By University

University Percentage (%)
National University 11.18%
University of Dhaka 8.07%
American International University-Bangladesh 2.48%
Northern University Bangladesh 2.48%
University of Rajshahi 2.48%
Khulna University 1.86%
Southeast University 1.86%
Stamford University Bangladesh 1.86%
Asian University of Bangladesh 1.86%
IBA, Dhaka University 1.86%

Interested By Age Range

Age Range Percentage (%)
20-30 23.60%
31-35 23.60%
36-40 20.50%
40+ 29.19%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 3.11%
20K-30K 20.50%
30K-40K 11.18%
40K-50K 10.56%
50K+ 54.66%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 5.59%
0.1 - 1 years 1.24%
1.1 - 3 years 9.94%
3.1 - 5 years 8.70%
5+ years 74.53%

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