The Kotak Life Insurance agency channel involves roles focused on selling insurance policies and recruiting/managing a team of advisors. Key job roles within this channel include Life Advisor and various levels of Sales Manager or Agency Development Manager.
Life Advisor Role
This is an entrepreneurial role where individuals operate as independent agents, often with flexible working hours and location.
Responsibilities:
Selling Kotak Life Insurance products to clients to meet their financial needs.
Building and maintaining strong customer relationships.
Assisting clients through the insurance purchase process and claim settlements.
Generating income through commissions on new policy sales and renewal commissions (royalties).
Key Aspects:
Flexibility: Ability to work full-time or part-time and be their own boss.
Training and Support: Kotak Life provides training programs, IT assistance (sales automation tools), marketing support, and office space for client meetings.
Career Growth: Successful advisors have opportunities for lateral and vertical career progression within the company into full-time roles like sales, operations, or training.