Position - Assistant Manager - Sales

Position - Assistant Manager - Sales

Job Band – Assistant Manager

Scope of work:

  • Onboard and manage relationship with Corporates under NPS for LIC PFL PoP.
  • Increase Employee coverage in Corporates serviced by LIC PFL PoP.
  • Facilitate distribution expansion by onboarding Pension Agents.
  • Ensure regular business flow through Pension Agency.
  • Increase market share of LIC PFL’s NPS schemes.
  • Canvas LIC PFL schemes through Corporate presentations, webinars, etc.
  • Ensure seamless NPS account opening experience for subscribers.
  • Tie up and nurture the relationship with other PoPs for distribution of LIC PFL MSF schemes.
  • Ensure timely resolution of subscriber queries.  
  • Facilitate development of LIC PFL office network, as per requirements.  
  • Liaise with PFRDA (the regulator), NPS Trust Authorities and Association of NPS Intermediaries and various POPs.
  • In addition, role holder shall take up responsibilities as directed by the Competent Authority from time to time. 

Position Reports to - AGM – Sales & Marketing 

Age profile (years) - 25-to-40 

Qualification – Graduate 

Overall - Min 5 years

Relevant experience definition

  • Proven track record of successful sales experience of Asset Management or Retirement Products
  • Should have acquired New Corporate or Institutional Clients (for financial products & services)
  • Sales Experience of NPS is preferable.

Relevant prior Role experience profile (years) in Similar Profile - Min 3 years

Compensation payable - Annual fixed compensation is Rs 12.40 Lakhs. Along with Variable pay based on yearly appraisal which is applicable only after successful completion of probation period.

Functional Competencies

  • B2B sales process; Client acquisition
  • B2C distribution
  • Research skills for mapping market opportunities, Business intelligence about competitor’s performance and weaknesses
  • Domain knowledge of NPS, Asset classes, Financial Markets, Associated risks & opportunities, Returns, Competitor performance, PFRDA Regulations and its directives for wealth management

 Behavioural Competencies

  • Skills in building relationships
  • Persuasion in winning over new Clients; influencing skills
  • Presentation and communication skills [for engaging with CEOs, CFOs, CHROs of corporations and Government Authorities like regulators, PSUs etc.]
  • Ambitious and Target-oriented

LIC-Career

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