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Leader Developer

IDBI FEDERAL LIFE INSURANCE
0 to 1 Year
2,50,000 - 3,50,000 Per Year
Posted on 08 Jan 19
Job DescriptionLast Date 04 Feb 19
ROLE:   AGENCY LEADER
TRANING ROLE:  WEALTHSURANCE DISTRIBUTOR ADVISOR
A self-motivated and high-potential talent like you deserves extra-ordinary opportunities. As one of the leading life insurance companies of India, we are delighted to offer you an exciting and rewarding career with IDBI Federal. We are pleased to offer you the opportunity to work with us as an Advisor. In your role you will be responsible for promoting our diverse range of life insurance products. You can rest assured that exceptional sales efforts will be rewarded handsomely at IDBI Federal. Not just that, as an organization we believe in providing empowering growth to deserving and passionate individuals

TRANING PERIOD: 90DAYS
TRANING SALARY: 36000(BASED ON PERFOMANCE)
 AFTER  TRANING:
 ROLE:   AGENCY LEADER
       Establishing themselves as full-fledged employee of IDBI FEDERAL. The candidates will have to uproot themselves in the organization by recruiting and managing their developing team. Then they will have to show their caliber by giving better and higher performance with their full-fledged team. No direct marketing involved

A WAD(wealthsurance distributor advisor)  needs to achieve the defined criteria to progress to become an Agency Leader and to progress at higher levels of 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:
SALARY PROCESS 

1. Fixed Salary
2. Monthly Active NLA Allowance
3. Monthly Production Bonus
4. Monthly Advisor Activation Allowance
5. Indirect Team QPB for SAL/GAL (Indirect Team L1 & L2 - Quarterly)
6. Self-Sourced business payout

TRANING: 3,49,000 (BASIC+PRODUCTIVITY)
PLACE OF WORK : ERODE
EDUCATION QUALIFICATION :  ANY GRADUATE DEGREE
AGE : CANDIDATES AGE SHOULD BE BETWEEN 20 TO 35 YEARS AS ON 2018
NO.OF VACANCY : 30+
Industry
Banking & Insurance

Job Type

Interview Type

Written-test, Face to Face Interview

Functional Area
Agent/Banking/Insurance
Company Description

IDBI Federal Life Insurance Co Ltd. is a three way joint-venture of IDBI Bank, an Indian development and commercial bank; Federal Bank, one of India’s leading [peacock term] private sector banks and Ageas, a multinational insurance giant based out of Europe. In the year 2006, IDBI Bank, Federal Bank and Belgian-Dutch insurance major Fortis Insurance International NV signed a MoU to start a life insurance company in India.

 The company received its license from Insurance Regulatory and Development Authority of India (IRDAI) (j.Arul jegadeesh one of the trainee in the idbi federal life insurance company in Madurai) in December 2007.

IDBI Fortis Life Insurance Co. Ltd. officially began its operations in March 2008. In August 2008, the company collected the premium of over Rs.100 crore within a record time of five months, thus becoming the fastest growing new life insurance company in the private sector.

 

               

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