Associate Sales Manager-Bancassurance

1 - 7 years

3 - 9 Lacs

Posted:4 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Max Life Insurance Company Limited is looking for Associate Sales Manager-Bancassurance to join our dynamic team and embark on a rewarding career journey.
The Associate Manager - Sales (Bancassurance) is responsible for driving sales and achieving business targets related to bancassurance products and services. This role involves working closely with banking partners and managing a team of sales professionals to generate revenue and increase market penetration.Key Responsibilities:Sales Strategy Development: Develop and implement effective sales strategies to achieve business objectives, including identifying target markets, setting sales targets, and determining product positioning.Relationship Management: Build and maintain strong relationships with banking partners, including banks, financial institutions, and insurance companies, to maximize business opportunities and enhance customer experience.Team Management: Lead and motivate a team of sales professionals, providing guidance, coaching, and training to ensure their success in meeting sales targets and delivering exceptional customer service.Product Promotion: Collaborate with the marketing team to develop and execute promotional campaigns, sales materials, and training programs to support the sales efforts of bancassurance products and services.Market Research and Analysis: Conduct market research and competitive analysis to identify market trends, customer needs, and opportunities for business growth. Utilize data-driven insights to refine sales strategies and improve sales performance.Performance Monitoring: Track and monitor sales performance, analyze sales data, and generate reports to evaluate the effectiveness of sales strategies, identify areas for improvement, and make data-driven recommendations.Compliance and Regulatory Compliance: Ensure adherence to relevant laws, regulations, and compliance requirements in the insurance and banking sectors. Stay updated with industry developments and recommend necessary changes to policies and procedures.Customer Relationship Management: Foster strong relationships with customers, addressing their queries, resolving complaints, and ensuring customer satisfaction. Maintain a high level of customer service and professionalism.Qualifications and Skills:Bachelor's degree in Business Administration, Marketing, or a related field.Proven experience in sales, preferably in the bancassurance or insurance industry.Strong leadership and team management skills.Excellent communication and interpersonal skills.Ability to build and maintain relationships with key stakeholders.Analytical mindset and ability to utilize data for decision-making.Sound knowledge of insurance products, banking processes, and regulations.

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