Key Responsibilities :
- Sales Management :
- Develop and implement sales strategies to achieve bancassurance targets.
- Monitor and drive performance of sales staff in assigned bank branches.
- Identify new opportunities to increase insurance penetration in the bank.
- Relationship Management :
- Build and maintain strong working relationships with bank leadership and branch staff.
- Act as a liaison between the insurance company and the bank to ensure alignment of goals.
- Training and Development :
- Conduct regular training sessions for bank staff on insurance products and sales techniques.
- Ensure continuous learning and updates on new insurance products and regulations.
- Compliance & Process Management :
- Ensure adherence to regulatory guidelines and company policies.
- Monitor and improve the operational efficiency of the bancassurance channel.
- Reporting & Analysis :
- Prepare regular performance reports and present to senior management.
- Analyze sales trends and customer behavior to improve product offerings and strategies.
Key Requirements :
Education : Bachelor's degree in Business Administration, Finance, Marketing, or a related field. MBA is a plus.Experience : Minimum 4–6 years of experience in bancassurance, insurance sales, or financial services, with at least 2 years in a managerial role.Skills :Strong sales and negotiation skillsExcellent interpersonal and communication abilitiesLeadership and team managementAnalytical and problem-solving mindsetGood understanding of insurance products and banking operationsSkills Required
Sales, Negotiation, Problem-solving, Business Administration, Finance