Job Description

About Max Life Insurance:

Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi business corporation.

Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution including agency and third party distribution partners. Max Life has built its

operations over almost two decades through need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.

As per public disclosures, during the financial year 2019-20, Max Life achieved gross written premium of Rs. 16,184 crore. As on 31st March 2020, the Company had Rs. 68,471 crore of assets under management (AUM) and a Sum Assured in Force of Rs. 913,660 crore.

For more information, please visit the Company\'s website at

We Stand for:

Caring

A compassionate leader who demonstrates appreciation for diversity in thoughts and approach towards people as well initiatives, eliminates biases to promote meritocracy. A coach who inspires people to excel and sets a culture of high performance.

Collaboration

A boundary-less leader who is capable of identifying & leveraging expertise of team members for superlative outcomes, thus, delivers to the organization\'s ask. A leader who addresses challenges with a solution oriented approach to create \xe2\x80\x9cwin-win\xe2\x80\x9d partnerships within & outside teams through inspired cooperation and teamwork.

Customer Obession

A leader who embodies Customer and keeps him at the core of all deliverables. Proactively anticipate customer needs and implement strategies to provide best in class customer experience.

Growth Mindset

An ambitious leader who can sponsor game changing ideas and rally the team to turn them into a reality. A leader who challenges the status quo, takes bold & creative actions to manage complex issues & achieve high impact goals by pushing self and others and raise the bar on performance.

People Leadership

A people\'s leader who inspires their teams to stretch themselves and achieve their true potential. A leader who create leaders by coaching, empowering & motivating them to deliver superior business outcomes.

"Max Life Insurance is an Equal Opportunity Employer and promotes inclusion and diversity."

JOB DESCRIPTION

Position

Chief Manager - Distribution Strategy

Department

DMD Office

Function

DMD Office

Reporting to

Vice President - Distribution Program Office

Band

Location

Gurgaon HO

Team size

-

JOB SUMMARY:

As part of the DMD office team you will be driving the agenda of building new distribution models, proactively identify the emerging problem areas and recommend plausible solutions.

ABOUT THE ROLE:

• The incumbent will be responsible for anchoring the distribution strategy transformation program for Max Life\'s Distribution channels
• This entails providing strategic thinking on the Proprietary, partnership, and new emerging channels.
• Working closely with the Channel Heads and channel strategy teams and collaborating with cross-functional teams from Finance, Operations, IT, Digital, Training, and HR.
• Lead transformation initiatives for channels where you would be expected to be a catalyst for ideation, blueprinting the operating model, syndicating the business case, and program managing the execution.
• You will be expected to own the incubation of new distribution channels sustain and scale-up up nascent programs launched recently and drive organization and stakeholder alignment to the plan
• You will also contribute towards building a holistic environment assessment of customers, competition, and regulatory environment
• Perform analysis to understand the root causes analysis for the sales outcomes and do a deep dive on business problems time-to-time basis
• Create Board and management update presentations on business outcomes and various initiatives updates

WE ARE LOOKING FOR THESE NECESSARY ATTRIBUTES

• Self-starting and self-managed attitude
• Result-orientation
• Strong collaboration & stakeholder management
• Analytical & problem-solving approach

THE FOLLOWING SKILL SETS ARE NEEDED TO SUCCEED IN THIS ROLE:

• Comprehensive understanding Sales &Distribution Strategy
• Experience in executing long-term Business Transformation programs
• Conversant with contemporary Digital& Technology enablement tools for salesforce
• Demonstrated skills in Program / Project Management
• Refined presentation & communication skills suitable to engage with top management

KEY RESPONSIBILITIES

Key Relationships (Internal /External)

Internal - Channel Heads, Deputy Managing Director

External - Head- F&NA

Key competencies/skills required: Industry Knowledge, Team working skills, Ability to motivate people, interpersonal skills, Analytical skills, Understanding of Regulations and Operational aspects, Communication skills

Desired qualification and experience * MBA with life insurance background, with 3 - 5 years (or more) of experience. Distribution experience will be added advantage

• At least 3 years of project management experience managing projects involving multiple functions
• Hands on experience of MS Project
• Willingness to understand key systems, key processes, and collaboration
• Lead as an \'influencer\'
• Operate in an ever evolving environment, with changing priorities
• Disciplined execution
• Strong communication skills

Max Life Insurance