Company Location Erode, India
Company Website http://www.idbifederal.com
Recruiter / HR Name Saravanan
Industry Insurance
  1. 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:
    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
    At 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) Norms
    Advisor
    to AL
    • Min 3 Mths as an Advisor
    • Achieve 8 Lives & FYC Rs. 35,000 and 1 Licensed Advisor within 6
    Rolling months
    OR
    • 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
    AL
    • All existing ALs needs to achieve 2 Active NLAs and FYC Rs. 25,000 through
    Direct Team in 1 calendar quater

Company Address

IDBI FEDERAL Life Insurance Co Ltd ,thirunagar colony ,erode 638003

Current job openings at IDBI FEDERAL Life Insurance Co Ltd

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