BIDV MetLife’s NexGEN Agency Channel has unveiled a new operating mechanism, featuring two main focuses: a streamlined organizational structure and upgraded income policies. Mr. Hoang Trong Thinh, BIDV MetLife’s National Agency Channel Director, shared, “This strategy aims to boost revenue growth while expanding our reach in major cities nationwide and creating attractive income opportunities for our agency force.”
Streamlined and More Efficient Team Structure
A prominent change in the new mechanism is the streamlined organizational structure. The new NexGEN model emphasizes empowering each level of the hierarchy, shortening the distance between management and consultants. This change aims to build a full-time team with high practical skills and long-term commitment to the profession.
Besides optimizing internal resources, NexGEN’s streamlined team structure also brings positive changes for customers. With a more flexible model, customer feedback can be addressed promptly, enhancing service quality and customer experience.
In parallel, BIDV MetLife has established a dedicated recruitment department to ensure the quality of its consultants. This team is responsible for recruiting, training, and standardizing the selection process, aiming to build a generation of young, knowledgeable consultants suited to the professional working environment in major cities, where NexGEN is expanding its network.
NexGEN not only optimizes its organizational structure but also upgrades its operations team to directly support the sales force. In addition to data analysis and performance monitoring, the new operations team acts as advisors, coordinating activities and proposing timely solutions in specific situations.
A highlight of this upgrade is the implementation of tools like SAM (sales management) and RAM (recruitment management). These tools enable NexGEN’s HR team to proactively monitor work effectiveness, adjust strategies, improve individual productivity, and ensure transparent and fair performance evaluations.
Attractive and Competitive Income Policy
NexGEN’s new income mechanism is considered a highlight, offering multiple benefits to Financial Consultants (FCs). These benefits not only boost their actual income but also create motivation for growth and dedication. This move aims to build a more professional, dynamic, and efficient NexGEN agency system, ready to break through in the new development phase.
Emphasizing the changes in NexGEN’s operating mechanism, Mr. Hoang Trong Thinh added, “In the evolving insurance market, building a full-time, young, and professional team with long-term commitment is crucial for NexGEN’s adaptation and growth. The new structure is designed to attract and retain quality personnel, ensuring an ideal, efficient, and sustainably developing work environment.”
Attractive income policy motivates long-term commitment and dedication from the team.
The implementation of the new operating mechanism marks a new chapter in NexGEN’s journey to realize its vision of building a young, professional, and highly potential consulting team. With clear directions and a dynamic working environment, NexGEN aspires to become the ideal platform for young consultants who aspire to pursue a long-term career and advancement in the life insurance industry.
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