K

Area Business Manager - WC-Salaried PL AND Working Capital-Sales

Kotak Life Insurance Verified employer

Actively hiring · Posted 4d ago · JEV260964C89A04E6

SalarySalary not disclosed
ExperienceFreshers welcome
LocationMumbai, Maharashtra
Work modeOffice · Full time
Openings1

Job description

Area Business Manager - WC-Salaried PL AND Working Capital-Sales

Posted by Kotak Life Insurance

Mumbai

Posted: imported by Jeevika

JobsPopular categoriesIT jobsSales jobsMarketing jobsData Science jobsHR jobsEngineering jobsJobs in demandFresher jobsMNC jobsRemote jobsWork from home jobsWalk-in jobsPart-time jobsJobs by locationJobs in DelhiJobs in MumbaiJobs in BangaloreJobs in HyderabadJobs in ChennaiJobs in PuneCompaniesExplore categoriesUnicornMNCStartupProduct basedInternetExplore collectionsTop companiesIT companiesFintech companiesSponsored companiesFeatured companiesResearch companies by AmbitionboxInterview questionsCompany salariesCompany reviewsSalary CalculatorServicesAI career toolsNeo AI job agentResume score checkerAI resume makerInterview Q&AAI mock interviewLive AI interviewPremium servicesNaukri ProMost popularExpert resume writingExpert power profileAI BootcampsNewFree resourcesResume samplesJob letter samplesSearch jobs hereLoginRegisterFor employersBuy onlineNaukri Talent CloudEmployer LoginArea Business Manager - WC-Salaried PL AND Working Capital-SalesKotak Life Insurance3.54K Reviews3 - 8 yearsNot DisclosedMumbaiPosted: 1 week agoOpenings: 1Applicants: 28Area Business Manager - WC-Salaried PL AND Working Capital-SalesKotak Life Insurance3.54K ReviewsJob description About The Role Job Role To drive a team of Business and/or Portfolio RMs at Area level To manage a team who can drive New Client Acquisition and/or manage, maintain and enhance assigned portfolio of existing customers To understand client"™s business & provide appropriate working capital and business loan solutions across fund/ non-fund based products like Cash Credit, Demand Loan, BG etc. up to limit of Rs. 100 lacs Drive team for new acquisition through Branch Banking and/or Customer referrals To build relationships with key persons (CFOs/ promoters) in the target segments & build client trust & confidence. Focus to continually increase the Book size, SOH and profitability of the Location To inculcate in team members understanding of client business models, trade related activities, cash flows etc. and drive identification of opportunities and growing client relationships. Grooming and mentoring team members so that they achieve their desired performance levels (RM productivity) Resolving/Addressing location level concerns Channel Management viz RL, Privy, Wealth etc Drive adoption of various digital initiatives at location level To ensure right sourcing is being done at the location Deepen our market reach through trade meeting, industry associations, local forums etc. Enhance X-sell opportunities such as KLI, KGI, CMS etc Strengthen and build sustainable trade book with healthy mix of importers and exporters at location level To be alert on competitive elements in the target segments (viz. other banks etc.) & Augment the presence and penetration of the Kotak brand in the target market Drive high caliber client service from the Team Manage TAT for the location within specified levels for all aspects such as client onboarding, processing of customer requests, renewals etc Improve efficiency by monitoring & overseeing continuous improvement of processes. Benchmark and adopt best practices used in the Industry to further build efficiency at the location Constantly share rapport with the operating units to customize and develop solutions Mitigate risks and manage them actively Ensure hygiene parameters such delinquency, churn, utilization etc are met at location Job Requirement Preferably MBA/ CA Experience7-8 years"™ experience in the local market. Background in Credit & Sales Knowledge is required. Prior experience of driving and managing Teams is required. Good Leadership, Self-motivation and communication skills for driving Teams Relationship Management SkillRole: Sales Manager,Industry Type: Banking,Department: BFSI, Investments & Trading,Employment Type: Full Time, PermanentRole Category: Trading, Asset & Wealth ManagementEducationUG: Any GraduatePG: Any PostgraduateKey SkillsSkills highlighted with ‘‘ are preferred keyskillsbusiness loansalesrelationship managementchannel managementwealth managementtatmentoringclient onboardingworking capitaltradeportfoliohygieneclient relationshiponboardingacquisitioncash flownew client acquisitionbranch bankingAbout companyKotak Life has bought back its stake from Old Mutual and is no longer in a joint venture, thus making us a 100% owned subsidiary of Kotak Mahindra Bank Ltd. Kotak Mahindra Life Insurance Company Ltd (Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.) is a 100% owned subsidiary of Kotak Mahindra Bank Ltd. The company combines its international strengths and local advantages to offer its customers a wide range of innovative life insurance products thereby helping them take important financial decisions at every stage in life and stay financially independent. The company covers over 18 million lives and is one of the fastest growing insurance companies in India.Company InfoAddress:9th floor, Unit no 901, A-wing & 902 B-wing Intellion Square Building no 4, General Arun Kumar Marg, Dindoshipada, Mumbai, Mumbai Suburban, Maharashtra, MUMBAI, Maharashtra, IndiaBeware of imposters! Naukri.com does not promise a job or an interview in exchange of money. Fraudsters may ask you to pay in the pretext of registration fee, Refundable Fee…Read moreSimilar jobsArea Business Manager - WC-Working Capital-SalesKotak Life Insurance3.54037 reviewsHyderabadbusiness loansalesrelationship managementchannel managementwealth managementtatmentoringclient onboardingworking capitaltradeportfoliohygieneclient relationshiponboardingacquisitioncash flownew client acquisitionbranch bankingFlowPosted 11 Days AgoArea Business Manager (Secured) LAP - AgraHiranandani Financial Services4.41036 reviewsAgraSecured LoanLoan against PropertyMortgage LoansDirect SalesLapLoan SalesDirectMortgageSalesPosted 12 Days AgoArea Sales Manager - Business Loans-Business Loans-SalesKotak Life Insurance3.54037 reviewsChennaiarea sales managementsalesrelationship managementchannel managementwealth managementarea salestatmentoringclient onboardingtradeportfoliohygieneclient relationshiponboardingacquisitioncash flownew client acquisitionbranch bankingClient RelationPosted 11 Days AgoArea Business Manager (Secured) LAP - SaharanpurHiranandani Financial Services4.41036 reviewsSaharanpurLoan against PropertySecured LoanMortgage LoansBusiness managementManagementMortgagePropertyLapPosted 11 Days AgoArea Business Manager- New Car LoansSK Finance4.0386 reviewsGhaziabad, New Delhi(Laxmi Nagar), GurugramFinancial SalesSalesFinancial ServicesFinancial Products SalesAuto LoansNBFCBfsi SalesFinancial ProductsAuto SalesFinancial Services SalesLoan SalesFinanceCar LoanPosted 29 Days AgoJobs you might be interested inArea Sales ManagerPaisabazaar3.42111 reviewsMumbai, Mumbai Suburban, Navi MumbaiPosted 21 Days AgoArea ManagerICICI Prudential Life3.98346 reviewsMumbai, Thane, Navi MumbaiPosted 13 Days AgoBusiness Loan Sales ManagerDeutsche Bank3.84785 reviewsNew Delhi, Mumbai (All Areas)Posted 15 Days AgoRelationship Manager - Business Banking Group (BBG RM)IDFC FIRST BankPosted by Planet SolutionsMumbai (All Areas)Posted 10 Days AgoBranch ManagerAmrit ConsultancyPosted by Amrit ConsultancyMumbai, Mumbai Suburban, Hyderabad, Navi M...Posted 3 Days AgoReviewsView all4K employee reviews1.0rated by Sales Manager in KolkataLikesNothing, disgusting company policy with no growthDislikesThere is nothing to like. There is no time to go home in this company. Lots of politics in Bancassurance and the company has a mentality to not give any incentive as it increases target every quarter. And after all this the increment is really low. There is no chance of promotion without the blessing of managers as it is not performance based, it is based on buttering. Ctc is very low with lots of criteria to claim TA. If I would know about this then I wouldn't have join in Kolkata team.Read full reviewPowered bySalary insightsArea Business Manager in Kotak Life Insurance typically earns between₹6.2 - ₹9 L/yrSee detailed salary breakupPowered byBenefits & PerksView all281 employees reported these benefitsLearning & Development SupportHealth & Wellness SupportTransport / Travel SupportPerformance BonusFree MealRelocation AssistancePowered by

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