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1 - 6 years

3 - 5 Lacs

Hyderabad, Chennai, Bengaluru

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Need candidates with minimum 6 months sales experience. Prefer candidates with atleast 6 months of experience in Life Insurance. Candidate needs to have good communication Skills. Interested candidates can call HR Varun- 9310054306/ Whatsapp- Resume

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1 - 3 years

3 - 4 Lacs

Mumbai Suburban, Mumbai (All Areas)

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Roles and Responsibilities Manage key accounts for BFSI clients, focusing on relationship management and sales growth. Develop and execute strategies to increase insurance penetration through bancassurance channels. Collaborate with branch banking teams to drive business development and cross-selling opportunities. Identify new business prospects and develop plans to acquire new clients in the South Bombay region. Provide exceptional customer service by resolving client issues promptly and efficiently.

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1 - 2 years

1 - 5 Lacs

Kolkata, Ahmedabad

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1) Candidate will be responsible for direct sales of Demat accounts and Margin collection for Equity, Commodity and Currency from Bank Channel 2) Responsible for generating revenue from Insurance, Value pack & ACE ,TGS. 3) Responsible for cross sale product like MF and PMS. 4) Candidate will be responsible for new clients lead generation and as well as maintain relationship with previous clients.

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1 - 2 years

3 - 5 Lacs

Kolkata, Ahmedabad

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1) Candidate will be responsible for direct sales of Demat accounts and Margin collection for Equity, Commodity and Currency from Bank Channel 2) Responsible for generating revenue from Insurance, Value pack & ACE ,TGS. 3) Responsible for cross sale product like MF and PMS. 4) Candidate will be responsible for new clients lead generation and as well as maintain relationship with previous clients. Should be from a Bancassurance channel - sourcing Demat Accounts, Life Insurance, MF Should be having core sales background and not into product development or Backend ops. Must have excellent communication skill and ok to travel.

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3 - 6 years

5 - 6 Lacs

Bhavnagar

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Tata AIA Life Insurance Company Ltd. is looking for Assistant Manager - Agency Business Associates to join our dynamic team and embark on a rewarding career journey Ensuring company policies are followed. Optimizing profits by controlling costs. Hiring, training and developing new employees. Resolving customer issues to their overall satisfaction. Maintaining an overall management style that follows company best practices. Providing leadership and direction to all employees. Ensuring product quality and availability. Preparing and presenting employee reviews. Working closely with the store manager to lead staff. Overseeing retail inventory. Assisting customers whenever necessary. Organizing employee schedule. Ensuring that health, safety, and security rules are followed. Ensuring a consistent standard of customer service. Motivating employees and ensuring a focus on the mission. Maintaining merchandise and a visual plan. Maintaining stores to standards, including stocking and cleaning. Completing tasks assigned by the general manager accurately and efficiently. Supporting store manager as needed.

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7 - 12 years

6 - 7 Lacs

Gandhidham

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Tata AIA Life Insurance Company Ltd. is looking for Manager - Agency Business Associates to join our dynamic team and embark on a rewarding career journey Delegating responsibilities and supervising business operations Hiring, training, motivating and coaching employees as they provide attentive, efficient service to customers, assessing employee performance and providing helpful feedback and training opportunities. Resolving conflicts or complaints from customers and employees. Monitoring store activity and ensuring it is properly provisioned and staffed. Analyzing information and processes and developing more effective or efficient processes and strategies. Establishing and achieving business and profit objectives. Maintaining a clean, tidy business, ensuring that signage and displays are attractive. Generating reports and presenting information to upper-level managers or other parties. Ensuring staff members follow company policies and procedures. Other duties to ensure the overall health and success of the business.

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1 - 3 years

3 - 4 Lacs

Kolkata

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Role & responsibilities Coordinate with bank branches & proceed for business Preferred candidate profile Life insurance background

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1 - 6 years

2 - 4 Lacs

Nagpur, Nashik, Pune

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Banca Channel - Handle bank branch walkin customer . - Relationship build up with bm, customer's and RM - Meet customer on appointment basis for customer leads Kindly send cv on below details. 8766064952 watsapp & call orange.pune07@gmail.com

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2 - 3 years

3 - 3 Lacs

Rampurhat, Barasat, Durgapur

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Urgently Hiring for a Life Insurance Company Designation- Senior Relationship Manager Budget-Up to 3.5 LPA Location- Rampurhat, Barasat, Durgapur Channel- Banca Channel

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2 - 5 years

3 - 6 Lacs

Ratnagiri, Mumbai (All Areas)

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Urgent Vacancy Team Handling Banca channel Exp :- 2-5 Year exp In Life insurance, Health Insurance, Any Insurance sales, Banca sales, Team Handling exp Ctc :- 6 Lpa+ Traveling Allowances Incentive Contact Person:- Hr Prajakta 9325687615

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4 - 9 years

10 - 18 Lacs

South Goa, Kolkata, Hyderabad

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A Wealth RM in the Bancassurance Channel is responsible for managing and expanding relationships with high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) through strategic partnerships with banking institutions.

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2 - 6 years

1 - 3 Lacs

Dhamtari, Korba, Jagdalpur

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Post : Business Development Manager (BDM) • Recruiting Team members • Manage sales goal achievement through team • Training and developing Team on commission basis • Promote & motivate Team • Handling the advisers to work • Negotiate/close Leads Required Candidate profile • Education : Any Graduate With Good Communication • Experience : Must 2 YRS of Any Sale / Banking / Finance / Insurance / NBFC / CASA • Age : 22 to 34 YRS Contact : 9712240981 HR Asha Perks and benefits Hike + Incentives + PF + Promotions + Insurances

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15 - 22 years

15 - 25 Lacs

Kochi

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Role & responsibilities The candidate would be responsible for driving and achievingTPDfee numbers for particular region. He will manage it with various life insurance general insurance, investment and ysl partners and their manpower. He will engage and drive Branch banking team likeRH, CH, BM, RM, PB , SO, 1. Proliferation of Insurance and investment business in the region 2. Driving various sales related initiative like RNR, productivity equation etc 3. Driving Branch banking team including sellers and leaders towards desired fee objective and productivity equations. 4. Coordinating with and monitoring partners (insurance, investment, ysl) manpower for creating synergies between branch banking team and partner;s team. 5. Setting monthly goals on above-mentioned products, creating a execution plan for various product line. Ideal candidate should have Worked in bancassurance ecosystem in sales function, having an interest towards investment and broking products but we can also look at some one who has worked as a channel manager in any bank where job involves influencing stakeholders without direct reporting.

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20 - 22 years

35 - 40 Lacs

Patna

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Recruitment of staff in as per approved manpower plan for own geography for departments like Sales, Sales Strategy. Managing performance of team members; counselling & coaching team members from time to time to improve their performance. Team engagement & retention of talent

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1 - 4 years

2 - 3 Lacs

Mancherial, Madurai, Kurnool

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Leads will be generated from the assigned bank Cross selling of various financial products to the Bank customers. Customer business development . Relationship Management . Will be in payrolls of the Insurance company . Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from the companies product range, gain customer agreement to purchase, accurately complete sales documentation Candidates with experience in Life/Health/GI Insurance preferred Customers acquisition through resource utilization of banks database, foot falls, generated prospects. Responsible for sales completion by facilitating completion of medical reports & ensuring prompt issue of policy document. Explore opportunities to develop new markets/ segments in line with company sales strategy from time to time. Support other Relationship Managers and the bank sales team where requested by the sales manager by coaching them in company knowledge, products, services & selling skills, accompanying them on client visits & modeling relevant behavior. Required Candidate profile Should have minimum 1 year sales experience in any of insurance channels. .Looking candidates from insurance, banking, pharma,retail, telecome and other sales verticals. Insurance experience or BFSI is mandatory. Graduation is must. Good track record and employment stability is must. Perks and Benefits CTC upto 4 lakhs + Conveyance + Incentives

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1 - 4 years

1 - 3 Lacs

Howrah

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India's leading life insurance provider requires relationship manager in Credit Life Channel . Job role is to cross sell Life Insurance products to Bank loan customers. To maintain good relationship with bank staff and Cluster Head for effective closing of sale. Needs to maintain and build relationship with the customer's of the Bank

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4 - 8 years

5 - 9 Lacs

Jalandhar, Anantapur, Chennai

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Job description Bancassurance Team Handling Vacancies available in India's leading private sector life insurance company Job description: Drive business with the help of a Team in bancassurance channel. Team Handling experience is mandatory. Must have 4-5 yrs experience in bancassurance channel and good career record in insurance industry. Current CTC should be above 5 lacs. Team handling experience in bancassurance/Direct/alternate are also acceptable. Should have good track record and stability Prefer only from insurance background. No need to send other resumes.

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1 - 6 years

1 - 4 Lacs

Warangal, Mysuru, Salem

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A. KEY RESPONSIBILITIES Maintain relationship, issue resolving and building synergies with Alliances. Maintaining effective relationship translating into business volumes. Working in Sync with all internal teams in order to streamline all process, claims, operations and payment issues. Strategically engaging the partners, in order to push volumes of the Key Religare products. Ensure over achievement of budgeted volumes for each Online Partners

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1 - 6 years

1 - 4 Lacs

Madurai, Visakhapatnam, Coimbatore

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A. KEY RESPONSIBILITIES Maintain relationship, issue resolving and building synergies with Alliances. Maintaining effective relationship translating into business volumes. Working in Sync with all internal teams in order to streamline all process, claims, operations and payment issues. Strategically engaging the partners, in order to push volumes of the Key Religare products. Ensure over achievement of budgeted volumes for each Online Partners

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1 - 6 years

1 - 4 Lacs

Vijayawada, Hyderabad, Chennai

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A. KEY RESPONSIBILITIES Maintain relationship, issue resolving and building synergies with Alliances. Maintaining effective relationship translating into business volumes. Working in Sync with all internal teams in order to streamline all process, claims, operations and payment issues. Strategically engaging the partners, in order to push volumes of the Key Religare products. Ensure over achievement of budgeted volumes for each Online Partners

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1 - 6 years

1 - 4 Lacs

Noida, Ghaziabad

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Ready to travel multiple locations and had experience of min 2 years in banca role and life Insurance experience

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2 - 4 years

3 - 4 Lacs

Sitapur

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Timely attend to the service appointments given Quality Business to be sourced Persistency to be maintained as per the business Update status of appointments accurately and timely in system Work with customer in long term as their relationship manager Support SP in performing need analysis and conversion of sales Delivering consistently on Goal Sheet parameters Adhering to PNB MetLife policies and providing need based selling support. Acting as a team player and reporting the number of applications logged in for the business everyday to the reporting manager without fail Ensure high level of Persistency & Customer Service to the customers

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2 - 5 years

6 - 7 Lacs

Madurai, Chennai, Bengaluru

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Timely attend to the service appointments given Update status of appointments accurately and timely in system Work with customer in long term as their relationship manager Support SP in performing need analysis and conversion of sales Delivering consistently on Goal Sheet parameters Adhering to PNB MetLife policies and providing need based selling support. Acting as a team player and reporting the number of applications logged in for the business everyday to the reporting manager without fail Ensure high level of Persistency & Customer Service to the customers Location - Chennai,Madurai,Bengaluru,Trichy

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2 - 5 years

6 - 10 Lacs

Bengaluru

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Timely attend to the service appointments given Update status of appointments accurately and timely in system Work with customer in long term as their relationship manager Support SP in performing need analysis and conversion of sales Delivering consistently on Goal Sheet parameters Adhering to PNB MetLife policies and providing need based selling support. Acting as a team player and reporting the number of applications logged in for the business everyday to the reporting manager without fail Ensure high level of Persistency & Customer Service to the customers

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2 - 5 years

6 - 8 Lacs

Madurai

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Timely attend to the service appointments given Update status of appointments accurately and timely in system Work with customer in long term as their relationship manager Support SP in performing need analysis and conversion of sales Delivering consistently on Goal Sheet parameters Adhering to PNB MetLife policies and providing need based selling support. Acting as a team player and reporting the number of applications logged in for the business everyday to the reporting manager without fail Ensure high level of Persistency & Customer Service to the customers.

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Exploring Bancassurance Jobs in India

Bancassurance, the partnership between banks and insurance companies to distribute insurance products, is a growing sector in India. As more financial institutions recognize the benefits of offering insurance services to their customers, the demand for bancassurance professionals is on the rise.

Top Hiring Locations in India

  1. Mumbai
  2. Delhi
  3. Bangalore
  4. Chennai
  5. Hyderabad

Average Salary Range

Entry-level bancassurance professionals in India can expect to earn around INR 3-5 lakhs per annum, while experienced professionals can make upwards of INR 10 lakhs per annum.

Career Path

A typical career path in bancassurance may include roles such as Bancassurance Executive, Bancassurance Manager, Senior Bancassurance Manager, and Bancassurance Head.

Related Skills

In addition to bancassurance knowledge, professionals in this field may benefit from skills such as sales techniques, customer relationship management, financial planning, and regulatory compliance knowledge.

Interview Questions

  • What is bancassurance and how does it work? (basic)
  • Can you explain the different types of insurance products that are typically offered through bancassurance? (medium)
  • How do you approach selling insurance products to bank customers? (medium)
  • How do you stay updated on changes in insurance regulations and policies? (medium)
  • Can you share a successful bancassurance sales strategy you have implemented in the past? (advanced)
  • How do you handle objections from customers during the sales process? (medium)
  • What metrics do you use to measure the success of a bancassurance program? (advanced)
  • How do you ensure compliance with all regulatory requirements in bancassurance sales? (medium)
  • Can you discuss a challenging situation you faced in bancassurance sales and how you resolved it? (medium)
  • How do you build and maintain relationships with key stakeholders in a bancassurance partnership? (medium)
  • What are the key factors you consider when designing a bancassurance product portfolio? (advanced)
  • How do you assess the risk profile of potential customers when offering them insurance products? (medium)
  • How do you handle customer complaints or disputes related to bancassurance products? (medium)
  • Can you explain the importance of data analytics in bancassurance sales? (medium)
  • How do you ensure that customers have a clear understanding of the insurance products they are purchasing through bancassurance? (medium)
  • How do you adapt your sales approach when targeting different customer segments in bancassurance? (medium)
  • Can you discuss a time when you exceeded sales targets in a bancassurance role? (medium)
  • What are the key trends shaping the bancassurance industry in India today? (advanced)
  • How do you balance the interests of the bank and the insurance company in a bancassurance partnership? (medium)
  • Can you discuss a time when you had to navigate a complex regulatory environment in bancassurance sales? (advanced)
  • How do you approach training bank staff on selling insurance products in a bancassurance partnership? (medium)
  • What are the key challenges you have faced in bancassurance sales and how did you overcome them? (medium)
  • How do you ensure that all bancassurance sales are conducted ethically and transparently? (medium)
  • Can you discuss a time when you had to troubleshoot a technical issue related to bancassurance sales processes? (medium)

Closing Remark

As you explore opportunities in the bancassurance job market in India, remember to prepare thoroughly for interviews and showcase your skills and knowledge confidently. With the right combination of expertise and experience, you can carve out a successful career in this dynamic and growing sector. Good luck!

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