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Inside Sales Executive Jobs in Erode - IDBI FEDERAL LIFE INSURANCES CO LTD

Inside Sales Executive
IDBI FEDERAL LIFE INSURANCES CO LTD
2014
18000 - 25000 Per Month
Inside Sales Executive Jobs in Erode - IDBI FEDERAL LIFE INSURANCES CO LTD
Last Date 12 Jul 2019
This Job is Expired

IDBI FEDERAL LIFE INSURANCES CO LTD - Job Details

Date of posting: 13 May 19
  • A WAD(wealth insurance distributor advisor)  needs to achieve the defined criteria to progress to become an Agency Leader and to progress at higher levels of a leader in his/her career path
  • An Agency Leader (AL/SAL/GAL) will be eligible for performance-based fixed as well as variable payout as listed below:
  • Fixed Salary
  • Monthly Active NLA Allowance
  • Monthly Production Bonus4. Monthly Advisor Activation Allowance
  • Indirect Team QPB for SAL/GAL (Indirect Team L1 & L2 - Quarterly)
  • Self Sourced business payout each level, An Agency Leader has to maintain the MBG norms to continue his/her partnership with IFLI. 
  • Details of Career Progression and MBG norms are as below: Career Progression Norms Minimum Business Guarantee (MBG) NormsAdvisor to AL
  • Min 3 Mths as an Advisor 
  • Achieve 8 Lives & FYC Rs. 35,000 and 1 Licensed Advisor within 6 Rolling months Achieve 10 Lives & FYC Rs. 60,000 and 1 New Licensed Advisor
  • Progression post 1 Month Free look period and successful completion of Training. No Min Vintage required
  • All existing ALs needs to achieve 2 Active NLAs and FYC Rs. 25,000 through Direct Team in 1 calendar quarter
  • If new AL joins in the 1st month of the Calendar quarter, he needs to achieve 2 Active NLAs by the end of the 1st calendar quarter
  • If an AL joins in the 2nd month of the Calendar quarter, he needs to achieve 1 Active NLA by the end of 1st Calendar quarter
  • If an AL joins in the 3rd month of the Calendar quarter, he needs to achieve 2 Active NLAs by the end of the next calendar quarter
  • Failure to achieve MBG norms will lead to termination of AL employment to SAL
  • Achieve 6 Active NLAs & FYC Rs. 1,60,000 within 12 rolling Mths from the Direct Team
  • Develop 2 ALs in the team 
  • Progression post 1 Mth Free look period and successful completion of Training
  • No Min Vintage required
  • Achieve 3 Active NLAs, 5 Active Agents and FYC Rs. 25,000 through Direct Team at the end of 2 consecutive calendar quarters
  • Maintain 2 ALS in direct team 
  • MBG period begins from the month of promotion of SAL
  • If promotion happens in 3rd Month of the calendar quarter, 1st MBG cycle will be measured at the end of the 3rd subsequent quarter.
  • A quarter of promotion considered as 1st Quarter
  • Failure to achieve MBG norms will lead to termination of SAL Employment/Demotion of SAL to ALSAL to GAL
  • Achieve 5 Active NLAs with FYC Rs. 1 Lacs through direct team and develop 1 SAL within 12 consecutive/continuous/rolling Mths
  • Progression post 1 Mth Free look period and successful completion of training
  • No Min Vintage required GAL
  •  Achieve 3 Active NLAs, 5 Active Agents and FYC Rs. 25,000 through Direct Team at the end of 2 consecutive calendar quarters 
  • Maintain 2 ALs/1 SAL in the direct team
  • MBG period begins from the month of promotion to GAL
  • If promotion happens in 3rd Month of the calendar quarter, 1st MBG cycle will be measured at the end of the 3rd subsequent quarter. 
  • A quarter of promotion considered as 1st Quarter
  • Failure to achieve MBG norms will lead to termination of GAL Employment/Demotion of GAL to SAL

Job Summary

Job Type : Full Time
Job Category : MBA,Diploma,Sales and Marketing
Hiring Process : Face to Face Interview
Who can apply : Freshers

About IDBI FEDERAL LIFE INSURANCES CO LTD

IDBI FEDERAL LIFE INSURANCES CO LTD
This Job is Expired
This posting is done directly & exclusively on Freshersworld.com. We do not entertain any unsolicited calls or enquiries from any consultants, other portals or TPOs. Notice: This recruitment is FREE. if the recruiter charges any fees, please write us info@freshersworld.com
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IDBI FEDERAL LIFE INSURANCES CO LTD recruiting Inside Sales Executive candidates nearby Erode.IDBI FEDERAL LIFE INSURANCES CO LTD vacancies for Inside Sales Executive is recruited through Written-test, Face to Face Interview etc.
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