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1 - 4 years

4 - 4 Lacs

Idukki, Ernakulam, Trivandrum

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Generate revenue from assigned bank leads. Facilitate sales, policy issuance, and customer onboarding. Expand markets, cross-sell, and up-sell. Foster long-term bank staff relationships.

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1 - 5 years

2 - 4 Lacs

Malkangiri, Rayagada, Bhubaneshwar

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Any BFSI or Insurance sales experience candidate can apply. Min 1 yr exp. Age below 35 urgent hiring for banca channel & direct channel. interested candidate can directly share your cv on 7499 211 307

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1 - 6 years

1 - 3 Lacs

Rayagada, Jagatsinghapur, Balangir

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Develop and implement strategies to achieve sales targets for insurance products. Collaborate with bank branch managers and staff to generate leads, convert prospects into customers, and increase insurance policy sales. maintain strong relationships

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1 - 5 years

1 - 3 Lacs

Pune, Delhi NCR, Ahmedabad

Hybrid

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Manage bancassurance channel sales performance, identifying opportunities for growth and developing strategies to achieve targets. Develop strong relationships with bank partners to drive business development and cross-selling opportunities. Required Candidate profile Handle customer queries and complaints in a timely and professional manner, Identify HNIs (High Net Worth Individuals) through cold calling, phone banking, relationship management, retail banking,

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1 - 3 years

4 - 5 Lacs

Ernakulam, Trivandrum, Kottayam

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Drive revenue from bank leads Promote staff incentives Enanage sales processes Expand markets Build a cross-selling customer base Maintain strong bank relationships

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0 - 5 years

2 - 3 Lacs

Navi Mumbai, Thane, Mumbai (All Areas)

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Urgent hiring for Kotak Mahindra Bank Limited. For the Post of Assistant Manager (Outbound Tele-Sales Officer Role || Location:- Wagle Estate (Thane - West). Job Designation: Outbound Tele-Sales Officer (OCC) Job Grade: Assistant Manager M-1 Job Location: Thane-West (Maharashtra) Must be Experience: => Minimum 1.0 year to 5.0 year experience into Banking Sales / Telesales would be preferred. => Other than banking experience also can apply:- => Fresher candidates those who have Good communication & Sales skills can also apply. Like-: Any of Telesales, Outbound Sales, Branch Sales or relevant to our this Job Position also can apply. => Must be having good communication skills Verbal & Written both. => Male & Female both can apply between the age of 20-30 years only. Job Benefits & Features : => Working Day-: 5 Days working in a week. => Two Weekly offs: One fixed off on Sunday and another one is any of Weekday/Saturday. => Shift Timing-: This is a completely fixed Day Shift, the shift timing from 9.30 am to 6.30 pm. => Fixed Salary & Unlimited Incentives => This is "Contact Centre Branch" (Non-Branch Banking) based Job, => This is completely In-house / Office-based profile, No customer Visit, No face to face interaction, No field work. => This is permanent job on roles of the Kotak Mahindra Bank Ltd. with fixed salary + high incentives. Job Description: Continuous engagement with the mapped customers portfolio as per the contact policy, with accurate & complete capture of interaction details. Making outbound calls to Sell & Cross-Sell banking products on the basis of portfolio and engagement. Would be responsible to generate businesses & revenues including the monthly targets. Products need to sell like : CASA, Life & General Insurances, All kind of Loans, Credit Cards, Mutual Funds, Demat & Traiding A/C etc. Call handling as per defined standards and accurate resolution for customer queries. Promoting Digital Banking services for a superior customer service experience. Responsible for quality communication and customer servicing within laid down productivity and service benchmarks. Regular interactions with the customers and pro-actively assessing customer needs. Education Qualification: Minimum Graduate with any stream or Post Graduate / MBA also can apply. Salary Package: Annual CTC of INR 2.75 to 3.25 Lac per annum plus performance based high Incentives. Plus PF, Gratuity and Mediclaim & Insurance cover (as per policy). How To Apply : => Note: Interested candidates need to apply via Naukri.com by clicking apply link on same the page. or Need to forward the updated CVs / Resumes at : hr.careerem@gmail.com | And write in the subject line "Kotak-OCC-245" we will revert back. or => Also you can share updated CVs / Resumes via WhatsApp on: +91-96436-87646 | Write in the subject line "Kotak-OCC-245" If your CV / profile got shortlisted with us we will contact you back. For Any kind of assistance or query call us: Between 10.00 am to 5.00 pm only (Do not call beyond the mentioned timings) Mobile Number +91-96436-87646 Regards Career Empower (Hr-Team) On Behalf of Kotak Mahindra Bank

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5 - 10 years

14 - 18 Lacs

Mumbai

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Sales Planning Analyze the growing business segments (Branch, Loan book, etc) of partner banks through historical performance and propose budgeted growth for AOP to supervisor for own region. Recommend manpower requirement based on business potential in the segments identified for driving sales. Provide Inputs and Insights to team to extract maximum business in growing segments and drive sales in their assigned partner bank branches within the region. Design and recommend incentive plan, campaigns within the PPSU team to achieve targeted topline. Partner Bank Relationship Management Organize Structured Weekly, Fortnightly and monthly meeting with partner branches to resolve service related issues and address escalations. Support design and recommend specific products that can be introduced from time to time based on the outcome of the structured meeting or analyzing past trends in the segment or best practices of competition. Design, recommend and execute campaign/contest for the Partner Bank to drive sales in profitable segments. Liaise with finance team in ensuring that campaign budgets are approved and the payouts are processed timely. Operations Management Review Periodically assess/review Loan Book Penetration and Branch activation to enable course correction. Organize meetings within/with the team/s to understand challenges faced in terms of conversion at branches and provide solutions. Put in place real time MIS Reporting to ensure information available at all times on all performance or productivity parameters.

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2 - 7 years

3 - 4 Lacs

Kolkata

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Execution Analyze the customer segmentation, sales trends in terms of demographics, geography, characteristics etc. to assess the potential for business Conduct trainings at the branch for all banking partners around regulatory guidelines and products. Plan for activation of branches through RR activities to increase the penetration in active branches to realize full potential of the bank partner in the given geography Relationship Management Drive the campaign/contest for the Partner Bank to drive sales in profitable segments. Assist banking partners in pitching product to crucial customers driving sales closure for the same. Identify cross sell opportunities for existing customers New Acquisition Banking Partners Gather market information of potential partner, analyze partners profile and customer mix to identify best product fitment from BAGIC portfolio, assess profitability viability assessment of partnership Schedule meetings with prospective banking clients and brief them about BAGIC products/ offer them lucrative products in coordination with the Vertical Head Service Orientation Engage with cross functional teams to ensure seamless execution of work across channels and deliver desired productivity including everyday servicing and policy issuance etc. Gather relevant documents from customer post sales and submit the same to operations team; gather additional data/documents as required Resolve operational issues faced by the partners to ensure smooth experience while working with BAGIC Provide support for cancellation requests, policy endorsements; process track such requests in coordination with internal ops team ; Ensure ease of process approvals for partners by coordinating with internal Ops team Support partners to register claims on behalf of customers, coordinate to ensure approvals within agreed timelines.

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12 - 21 years

11 - 13 Lacs

Indore, Patna, Raipur

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Roles and Responsibilities Managing bancassurance tie up for a leading life Insurance Co. PSU Bank Partnership Desired Candidate Profile : Candidate must have experience in a team handing role in bancassurance vertical Ready to relocate to Patna and Raipur will also be considered. Perks and Benefits CTC : 11 to 13 Lakhs

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1 - 5 years

2 - 3 Lacs

Bengaluru

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Role & responsibilities Position Title: Financial Services Manager Location: Bangalore As a Financial Services Manager for Bancassurance channels , your primary responsibility will be to drive the sales of Life Insurance products through the bank's branches and relationship managers. Key Responsibilities: 1. Sales Generation: Promote and sell life insurance products to customers through the banks distribution network. Achieve monthly, quarterly, and annual sales targets for life insurance policies. Develop and maintain relationships with the banks branch staff and relationship managers to facilitate sales. 2. Product Knowledge and Training: Provide necessary training to bank staff and relationship managers to ensure they understand the life insurance products. Keep abreast of market trends, product developments, and competitive landscape to effectively pitch to customers. 3. Customer Engagement: Provide high-quality customer service to all potential and existing policyholders. Address customer queries, concerns, and complaints regarding life insurance products and policies. Ensure smooth policy issuance and processing by coordinating with various internal teams. 4. Lead Generation and Conversion: Identify new sales opportunities and generate leads through the banks customer database. Build a pipeline of prospects and convert them into customers by conducting presentations, consultations, and follow-ups. 5. Compliance and Documentation: Ensure that all sales and documentation processes are compliant with the regulatory requirements. Maintain accurate records of sales activities and customer interactions. Interested candidates, please drop your CV at sajid@upman.in or WhatsApp 9327811443

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2 - 7 years

2 - 5 Lacs

Chennai, Guntur, Bengaluru

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• Recruit Agency Leaders • Develop AL’s through Coaching, Training, Team Management Support etc.. • Recruitment of new agents through Agency Leaders • Work with the AL’s to drive recruitment of new agents. Required Candidate profile • Any graduates with minimum 1 – 4 years of Life Insurance Agency channel experience • Sales Experience in Insurance, Banking or in Finance is preferable.

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2 - 4 years

2 - 4 Lacs

Delhi NCR, Ahmedabad, Gandhidham

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Role & responsibilities: Responsible for channel management in the area assigned Cultivating and maintaining relationship with channel partner and branch staff Conducting training programs for the branch staff, particularly private banking RMs to facilitate the cross selling of general insurance products (SME or Motor products) Conducting weekly visits to assigned ICICI bank branches Implementation of sales strategy, revenue generation and achieving targets Responsible for objection handling and aiding sales process carried out by channel Managing Retention, with special focus on health products. Preferred candidate profile: 1 . Candidate must possess knowledge of general insurance products (sme and motor) and also health insurance products 2. Willing to travel various branches within the location 3. Good communication skill 4. Good stability Skills Required: - Relationship Management - Health Insurance Sales Experience with product knowledge of 1 year - Stakeholder Management - GI/SAHI industry knowledge Desired Qualification: Full Time/ Part Time - Graduate / Post Graduate MBA preferably marketing Desired Experience: Minimum 2 year's experience Role: Branch Sales Manager (B2C)Industry Type: Insurance Department: Sales & Business Development Employment Type: Full Time, Permanent Role Category: Retail & B2C Sales Education UG: Any Graduate PG: Any Postgraduate Industry preference: General insurance, banking Location: Delhi , Mumbai , Ahmedabad, Gandhidham , Kolkata Interested candidate can share their updated cv to shobha.samal@ext.icicilombard.com

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0 - 5 years

2 - 5 Lacs

Kolhapur, Ahmednagar, Mumbai (All Areas)

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Role: Unit Sales Manager Branch Banking Job Location: Mumbai, Kolhapur, Ahmednagar Job Role: - Responsible for channel management in the area assigned. - Cultivating and maintaining relationship with channel partner and branch staff. - Conducting training programs for the branch staff, particularly private banking RMs to facilitate the cross selling of general insurance products. - Conducting weekly visits to assigned ICICI bank branches. - Implementation of sales strategy, revenue generation and achieving targets. - Responsible for objection handling and aiding sales process carried out by channel. - Managing Retention, with special focus on health products. Skills Required: - Relationship Management - Health Insurance Sales Experience with product knowledge of 1 year - Stakeholder Management - GI/SAHI industry knowledge Desired Qualification: Full Time/ Part Time - Graduate / Post Graduate MBA preferably marketing Desired Experience: Minimum 2 years experience Interested candidates can share their CV on apeksha.pawar@ext.icicilombard.com

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10 - 18 years

14 - 22 Lacs

Pune, Ahmedabad, Mumbai (All Areas)

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Driving entire Cluster Branch Banking/ Virtual Banking Channel Sales. Focusing on cross sell of Life Insurance products to Bank Customers Training/ Motivating entire Cluster Sales Team & Bank employees Responsible for Sales RnR & Business Achievement Required Candidate profile Minimum Graduate from any stream with minimum 10+ year of Insurance experience with Banca & Alliances background is must. High dependency on Bank relationships in Open Architecture scenario alignment. Perks and benefits Salary mentioned is fixed and other than Salary.

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2 - 5 years

2 - 2 Lacs

Ankleshwar

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Front Line Sales Bancassurance Channel Are you good at building rewarding professional relationships? If yes, then this is the right job for you. As a Front Line Sales employee in Bancassurance channel, you will network with assigned channel partner teams to build win-win business relationship and ensure high performance by selling life insurance products. What are we looking for? Integrity and passion to perform are the two most important traits that will define your success in this role. In addition, good verbal & written communication and ability to influence are a must. What does the job entail? It is a field job. You will have to travel within the assigned location to meet channel partner teams and customers. You will be evaluated on your ability to meet the business targets (Top line, Persistency, Product mix) by collaborating with and driving channel partners. You will also accompany the channel partner teams on pre and post sales such as claim settlement. HDFC Life believes in technology driven sales and you will learn new technology/Mobility enhancements, to comply with the Sales Management Process. As a business professional you will uphold organizational values in every action and ensure business ethics and integrity. You are expected to be compliant to regulatory and statutory regulations. About the channel Bancassurance is the largest sales channel of HDFC Life which includes selling life insurance through Bancassurance partners like HDFC Bank With its vision to be the highest performing Bancassurance channel in the industry, the team has its presence in 400+ locations in the country Essential conditions Age: 21 38 years Education: Graduation in any stream Minimum Sales Experience: 6 months to 4 years Please connect with HR representative for further requirementsRole & responsibilities Preferred candidate profile Perks and benefits

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2 - 6 years

2 - 3 Lacs

Gondal

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Front Line Sales Bancassurance Channel Are you good at building rewarding professional relationships? If yes, then this is the right job for you. As a Front Line Sales employee in Bancassurance channel, you will network with assigned channel partner teams to build win-win business relationship and ensure high performance by selling life insurance products. What are we looking for? Integrity and passion to perform are the two most important traits that will define your success in this role. In addition, good verbal & written communication and ability to influence are a must. What does the job entail? It is a field job. You will have to travel within the assigned location to meet channel partner teams and customers. You will be evaluated on your ability to meet the business targets (Top line, Persistency, Product mix) by collaborating with and driving channel partners. You will also accompany the channel partner teams on pre and post sales such as claim settlement. HDFC Life believes in technology driven sales and you will learn new technology/Mobility enhancements, to comply with the Sales Management Process. As a business professional you will uphold organizational values in every action and ensure business ethics and integrity. You are expected to be compliant to regulatory and statutory regulations. About the channel Bancassurance is the largest sales channel of HDFC Life which includes selling life insurance through Bancassurance partners like HDFC Bank With its vision to be the highest performing Bancassurance channel in the industry, the team has its presence in 400+ locations in the country Essential conditions Age: 21 38 years Education: Graduation in any stream Minimum Sales Experience: 6 months to 4 years Please connect with HR representative for further requirements

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4 - 9 years

8 - 9 Lacs

Nizamabad, Madurai, Hyderabad

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•Handling a Team of RM and SRM. •To establish a relationship with Bank Team and selling life Insurance product of our Company. •Conduct Product training for Bank Branches •Managing cross-functional relationships with Sales, Operations Required Candidate profile • At least 4 to 5 year of Insurance Sales Experience • Good Communication Skill • Should be good at creating and maintaining Relationships.

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1 - 6 years

1 - 3 Lacs

Pune, North Goa, Mumbai (All Areas)

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We are seeking a motivated and dynamic individual to join our team as a Life Insurance Banca Channel Executive. In this role, you will be responsible for driving sales and promoting our life insurance products through bank partnerships. Required Candidate profile fresher can't apply Graduation is a must Age must be in between 21-38 Minimum 1 + years experience in life insurance BFSI work experience preferred

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1 - 6 years

2 - 5 Lacs

Chennai, Bengaluru, Coimbatore

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Deal with the walk-in customers in branch Lead will be provided Need to seat in bank handle walking customer Close the leads provided by Company Follow up with the customers Required Candidate profile Required Candidate profile • Education: Graduate • Age: Between 21 to 38 years • Experience: Need Min.1 year in any sales

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1 - 5 years

2 - 4 Lacs

Bhubaneshwar, Guwahati, Kolkata

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Urgent hiring for Agency,Banca & direct channel Any Insurance sales candidate can apply. Min 1 yr exp in life/ health Insurance sales. Age below 40 Interested candidate can directly share their CV 8447171979 Burdwan,Guwahati,Bilaspur,Serampore,

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0 - 5 years

1 - 5 Lacs

Pune, Mumbai (All Areas)

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- Coordinate with Bank LHO on renewals/claims/campaign drive/commissions/R&R - Coordinate with CSM's and ASM on Circle /Network/Module initiatives - Get data required by the Bank and in turn required by SBIG - Analysis of trends and providing insights - Help with campaign design and roll out - Meet CVE manager and DGM/GM as per defined frequency - Take part in all LHO meetings - Available as first port of call for LHO staff - Data Analysis and trends to identify opportunity areas and execute plans with distribution team to tap into the opportunities to meet Circle targets

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1 - 6 years

2 - 4 Lacs

Chennai, Vellore, Pondicherry

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1.To sell Life insurance products through the assigned Bank branches by building long term relationship with the bank. 2.Building Relationship and Motivate branch staff to help generate leads. 3.Selling Insurance through leads from Bank Required Candidate profile • Age between 23 - 38 yrs • At least 1-1.5 year of Sales experience in Insurance or Banking Sector Perks and benefits Performance based Incentives &Travel allowances

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3 - 8 years

6 - 10 Lacs

Pune

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onrole frontline team handling bank branch handle team handling experience is mandatory ctc max 12 Lac Send cv on watsapp 8766064952 or email orange.pune07@gmail.com Diya Kapoor Orange Corporate Solution

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9 - 14 years

10 - 20 Lacs

Pune, Ahmedabad, Mumbai (All Areas)

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Leading team of Circle Manager, Cluster Manager & large FLS Team Driving entire NRI/ Affluent Banking Channels Handling entire Telesales & Virtual Banking Teams Dealing with Bank Circle Managers Responsible for Training & Motivating entire Sales Team Required Candidate profile Minimum Graduate from any stream with minimum 15+ year of Insurance experience with Banca & Alliances background is must. High dependency on Bank relationships in Open Architecture scenario alignment. Perks and benefits Salary mentioned is fixed and other than Salary.

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9 - 14 years

16 - 27 Lacs

Pune, Kolhapur, Mumbai (All Areas)

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Driving entire Circle Telesales/ Virtual Banking Channel Sales teams. Focusing on cross sell of Life Insurance products to Bank Customers. Training/ Motivating entire Telesales & Virtual/ Online Teams. Responsible for Sales RnR & Business Achievement Required Candidate profile Minimum Graduate from any stream with minimum 10+ year of Insurance experience with Banca & Alliances Telesales Experience High dependency on Bank relationships in Open Architecture scenario alignment Perks and benefits Salary mentioned is fixed and other than Salary.

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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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