Branch Manager – Life Insurance (Direct Channel)

Branch Manager – Life Insurance (Direct Channel)

Department: Sales

Channel: Direct Sales

Industry: Life Insurance

Employment Type: Full-Time

Maximum CTC: ₹8 LPA

📍 Open Positions

Pune: 2

Chennai: 2

Hyderabad: 1

Delhi NCR: 6

Bangalore: 1

Role Overview

We are looking for an experienced and result-oriented Branch Manager to lead the Direct Sales business of a Life Insurance branch. The candidate will be responsible for achieving branch business targets, managing and developing the sales team, acquiring new customers, improving productivity, and ensuring branch profitability.

Key Responsibilities

Drive overall branch sales and business growth through the Direct Channel.

Achieve assigned monthly, quarterly, and annual business targets.

Develop and execute effective branch sales strategies and action plans.

Lead, mentor, motivate, and manage the sales team.

Monitor daily, weekly, and monthly team performance against targets.

Drive new customer acquisition and increase business through the Direct Sales Channel.

Identify new market opportunities and expand the branch customer base.

Improve sales productivity, conversion, and overall team performance.

Monitor branch profitability, operating expenses, and cost efficiency.

Conduct regular performance reviews and take corrective actions where required.

Build a strong target-oriented and performance-driven sales culture.

Ensure adherence to company sales processes, compliance guidelines, and business policies.

Maintain strong customer relationships and support business retention and growth.

Candidate Requirements

Minimum Graduate in any discipline.

3–4 years of experience in Life Insurance – Direct Channel.

Minimum 1–2 years of experience managing a sales team.

Strong knowledge of Life Insurance products and sales processes.

Proven track record of achieving sales/business targets.

Strong leadership and team-management skills.

Excellent communication, negotiation, and customer-acquisition skills.

Strong understanding of the local market and ability to drive branch-level business.

Compensation

Maximum CTC: ₹8 LPA

Final compensation will depend on relevant experience, current CTC, and candidate suitability.

🚫 Mandatory Hiring Guidelines

Only Life Insurance Direct Channel candidates should be considered.

Do NOT line up Banca Channel candidates.

Do NOT line up Agency Channel candidates.

No-Poach: Candidates currently working with Policybazaar or HDFC Life should not be approached or submitted.

Candidates must meet the required experience and channel criteria before submission.