Job Description
Job description
Job Purpose
To build and maintain a strong progressive partnership with the Bank in the assigned Cluster, by supporting and contributing to bank partner’s strategy, adhering to the bank’s norms and agreed guidelines, achieving operational excellence thereby delivering best in class pre and post sales and support services, ensuring speed in delivery and achieving ABSLI’s business targets and promoting business growth.
Dimensions
Dimension
Remarks
Manpower: Spread across the dedicated Cluster
Branch Spread: Retail
Job Context & Major Challenges
Job Context
Bancassurance is the insurance distribution model wherein the bank allows an insurance company to sell its products to the bank’s client base. ABSLI tied up with AXIS Bank in March 2026 to sell its insurance products through the Branch Banking.
Open Architecture model empowers the customers to select their Life insurance plans from more than one insurer as per their choice at competitive prices. It also lowers chances of Mis selling, with the intervention of multiple regulators like Reserve Bank of India (RBI) and Insurance Regulatory and Development Authority of India (IRDAI).
Principal Accountabilities
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.
• Build effective relationship with the bank partner and become their first preferred insurer.
• Plan and achieve business targets through the team of FLS and SPs in the bank.
• Ensure to increase SP Activisation and selling of greater NOPs through the Team of FLS for greater distribution of ABSLI products.
• Ensure selling of right Product Mix as defined by the organisation to achieve overall business growth and profits.
• Identify and implement new business opportunities within the allocated area to enhance penetration.
• Implement activities/programs designed at the organisational level to build great visibility, promote branding, and strengthen our relationship with the bank.
• Train and appraise the bank staff on ABSLI products thereby creating a mind space and easy recall for them.
• 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.
• Enable the Team of FLS to independently sell ABSLI products by mapping customer needs correctly.
• Support the team of FLS on closing critical Sales call by demonstrating and mentoring them.
• Support and guide the FLS Team to ensure smooth functioning of the internal cross functional Teams and help them to overcome any roadblocks in policy logging and issuance.
• 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.
• Establish efficient methods to respond to customer queries and maintain persistency levels.
• 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.
• To be equipped with Bank’s product ranges and their key features along with the ABSLI products.
• Develop a Team who can support the bank in meeting their business targets.
• Pay regular visits to bank branches and meet bank partners.
• Design differential strategies to gain mindshare and product mix basis the potential of the branch.
• Help the Bank branches to increase their overall LI pie.
• 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.
• 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.
• Attract, Recruit and Retain Talent in the market, ensure proper handholding and support is provided to the Team.
• Review and Monitor Team’s performance daily, mentor the FLS in the Middle and Low Performance Bucket, encourage and motivate to do well.
• Co-create and implement recognition platforms in order to build a capable and motivated team within the Cluster.
• Ensure to provide constructive and efficient feedback to the Team and boost their morale for sales.
• 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.
Focus on Business Quality and Profitability: Achieve Business profitability by focusing on renewals, quality of business and managing costs.
• Ensure achievement of profitability and persistency targets for the relationship in the designated zones.
• Manage expenses within allowable expense gap.
• Plan and manage the renewals and ensure adequate focus is maintained by the sales Team on persistency.
• Ensure Business Leakage is within allowable limits.
• Focus and Monitor Product Mix within the Circle, to achieve Channel Targets.
Job Purpose of Direct Reports
To represent ABSLI at the designated branches and is responsible for sales performance, acquisition of new business and relationship management in the assigned area/branches.
Relationships (If Applicable)
Internal
Frequency: Daily
Nature: Reporting, Coaching, Counselling, Review their Sales Calls, etc.
External
Frequency: Regularly
Nature: Connect & Encourage, Relationship Building, Discuss new products and their features.
₹6.75L–₹+L a year
Full–time
Job Purpose
To build and maintain a strong progressive partnership with the Bank in the assigned Cluster, by supporting and contributing to bank partner’s strategy, adhering to the bank’s norms and agreed guidelines, achieving operational excellence thereby delivering best in class pre and post sales and support services, ensuring speed in delivery and achieving ABSLI’s business targets and promoting business growth.
Dimensions
Dimension
Remarks
Manpower: Spread across the dedicated Cluster
Branch Spread: Retail
Job Context & Major Challenges
Job Context
Bancassurance is the insurance distribution model wherein the bank allows an insurance company to sell its products to the bank’s client base. ABSLI tied up with AXIS Bank in March 2026 to sell its insurance products through the Branch Banking.
Open Architecture model empowers the customers to select their Life insurance plans from more than one insurer as per their choice at competitive prices. It also lowers chances of Mis selling, with the intervention of multiple regulators like Reserve Bank of India (RBI) and Insurance Regulatory and Development Authority of India (IRDAI).
Principal Accountabilities
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.
• Build effective relationship with the bank partner and become their first preferred insurer.
• Plan and achieve business targets through the team of FLS and SPs in the bank.
• Ensure to increase SP Activisation and selling of greater NOPs through the Team of FLS for greater distribution of ABSLI products.
• Ensure selling of right Product Mix as defined by the organisation to achieve overall business growth and profits.
• Identify and implement new business opportunities within the allocated area to enhance penetration.
• Implement activities/programs designed at the organisational level to build great visibility, promote branding, and strengthen our relationship with the bank.
• Train and appraise the bank staff on ABSLI products thereby creating a mind space and easy recall for them.
• 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.
• Enable the Team of FLS to independently sell ABSLI products by mapping customer needs correctly.
• Support the team of FLS on closing critical Sales call by demonstrating and mentoring them.
• Support and guide the FLS Team to ensure smooth functioning of the internal cross functional Teams and help them to overcome any roadblocks in policy logging and issuance.
• 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.
• Establish efficient methods to respond to customer queries and maintain persistency levels.
• 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.
• To be equipped with Bank’s product ranges and their key features along with the ABSLI products.
• Develop a Team who can support the bank in meeting their business targets.
• Pay regular visits to bank branches and meet bank partners.
• Design differential strategies to gain mindshare and product mix basis the potential of the branch.
• Help the Bank branches to increase their overall LI pie.
• 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.
• 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.
• Attract, Recruit and Retain Talent in the market, ensure proper handholding and support is provided to the Team.
• Review and Monitor Team’s performance daily, mentor the FLS in the Middle and Low Performance Bucket, encourage and motivate to do well.
• Co-create and implement recognition platforms in order to build a capable and motivated team within the Cluster.
• Ensure to provide constructive and efficient feedback to the Team and boost their morale for sales.
• 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.
Focus on Business Quality and Profitability: Achieve Business profitability by focusing on renewals, quality of business and managing costs.
• Ensure achievement of profitability and persistency targets for the relationship in the designated zones.
• Manage expenses within allowable expense gap.
• Plan and manage the renewals and ensure adequate focus is maintained by the sales Team on persistency.
• Ensure Business Leakage is within allowable limits.
• Focus and Monitor Product Mix within the Circle, to achieve Channel Targets.
Job Purpose of Direct Reports
To represent ABSLI at the designated branches and is responsible for sales performance, acquisition of new business and relationship management in the assigned area/branches.
Relationships (If Applicable)
Internal
Frequency: Daily
Nature: Reporting, Coaching, Counselling, Review their Sales Calls, etc.
External
Frequency: Regularly
Nature: Connect & Encourage, Relationship Building, Discuss new products and their features.
₹6.75L–₹+L a year
Full–time
💡 Quick Summary
Seeking a career-building opportunity? The Aditya Birla Group Looking for Cluster Manager – Axis Bank – at Bhuban[.] position is now open for candidates interested in the Bank Jobs sector. This role in Bhubaneswar offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
