Bancassurance Credit Life

1 - 4 years

2 - 8 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

This is a specialized sales and relationship management role within the financial services industry. It requires an individual who can leverage a specific client base (bank loan customers) and a strong professional network (bank staff) to drive sales.

  • Cross-Selling:

    The core responsibility is to

    cross-sell life insurance

    products. This requires a strong understanding of financial products and the ability to identify opportunities to sell insurance to customers who have already engaged with the bank for a loan.
  • Relationship Management:

    A significant part of the job is building and maintaining strong relationships with

    bank staff

    and the

    Cluster Head

    . These relationships are crucial for getting leads and ensuring a smooth sales process. You also need to build trust with the bank's customers to facilitate a sale.
  • Sales Acumen:

    You need to have a proactive approach to sales, identifying customer needs and closing deals effectively. The role is outcome-oriented, with the ultimate goal being to drive sales and meet targets.
  • Product & Channel Expertise:

    You must have knowledge of

    life insurance

    products and be able to operate within the

    Credit Life Channel

    , which is a specific model of selling insurance to debtors.

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