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Bancassurance Manager

Bancassurance Manager

ConfidentialMumbai
30+ days ago
Job description

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 skills
  • Excellent interpersonal and communication abilities
  • Leadership and team management
  • Analytical and problem-solving mindset
  • Good understanding of insurance products and banking operations
  • Skills Required

    Sales, Negotiation, Problem-solving, Business Administration, Finance

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