State Head - Bancassurance

State Head - Bancassurance

Job Description :

The State Head - Bancassurance is a senior leadership role responsible for the overall strategy and performance of the bancassurance channel within a specific state.

This role involves managing relationships with partner banks, driving business growth through their branch network, and leading a team of bancassurance managers and executives.

The State Head is accountable for achieving the state's business targets and expanding the partnership's reach.

Key Responsibilities :

• Strategic Planning : Develop and execute a comprehensive business plan for the state's bancassurance channel.
• Partnership Management : Build and nurture a strong relationship with the regional and state leadership of partner banks.
• Team Leadership : Recruit, train, and lead a high-performing team of bancassurance managers and sales executives.
• Performance Management : Monitor and analyze performance metrics against targets, implementing corrective actions as needed.
• Market Expansion : Identify new growth opportunities and expand the bancassurance channel's footprint across the state.
• Training & Development : Ensure the bank's front-line staff are well-trained on insurance products and sales processes.
• Compliance : Ensure all sales activities are in compliance with regulatory guidelines and company Bachelor's degree in Business, Finance, or a related field.
• An MBA is preferred.
• Minimum of 10-12 years of experience in sales and business development, with at least 5 years in a leadership role within the bancassurance or financial services sector.
• Proven track record of managing a large-scale sales channel and achieving targets.
• Excellent relationship management and negotiation skills.
• Strong leadership, strategic thinking, and analytical abilities

(ref : iimjobs.com)