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2.0 - 3.0 years

2 - 4 Lacs

Kochi, Kollam, Kottayam

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Drive revenue through leads generated from 4-5 assigned banks Promote bank staff engagement by sharing incentive programs Explore new markets. Build relationships with bank staff

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1.0 - 6.0 years

2 - 4 Lacs

Anantapur, Hyderabad, Adoni

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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 - 37 yrs • At least 1-1.5 year of Sales experience in Insurance or Banking Sector Perks and benefits 2.5K Travel &1.5K Mobile Allowances per month

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4.0 - 9.0 years

6 - 9 Lacs

Anantapur, Kurnool, Vizianagaram

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•Handling a Team of RM,SRM and ERM's. •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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2.0 - 7.0 years

2 - 3 Lacs

Thane

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Selling life insurance against loan. Managing Bank business on daily basis by visiting points of sales in set existing relationships within a defined territory by meeting branch managers, loan officers, and regional managers. Required Candidate profile minimum 1 y experience in Life insurance any channel Or Loan Sales from any BFSI / NBFC Company( HL,Business, MSME,LAP) age max 33 call/whatsapp- 7008628064 (Tapaswini)

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1.0 - 5.0 years

2 - 4 Lacs

Bhubaneswar, Kolkata, Asansol

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* Must life Insurance Experience. * Good Communications skill is must * Core Responsibility to generate insurance business * Build Strong Professional synergies with Banking partner * Meeting assigned targets and generate leads Required Candidate profile * Minimum 01 yr to 4yr Sales experience in Banking/BFSI/ Insurance Sector/ * Must have Experience in life insurance * Immediate joining will be preferred

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1.0 - 2.0 years

2 - 3 Lacs

Chittaurgarh, Ajmer, Jodhpur

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1-2 Yrs experience required in life insurance (BFSI) Age Upto 36 yrs Any Graduate Interested candidate coordinate with HR Devika 9587136422

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1.0 - 6.0 years

2 - 4 Lacs

Hyderabad, Mangaluru, Bengaluru

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* Must life Insurance Experience. * Good Communications skill is must * Core Responsibility to generate insurance business * Build Strong Professional synergies with Banking partner * Meeting assigned targets and generate leads Required Candidate profile * Minimum 01 yr to 5yr Sales experience in Banking/BFSI/ Insurance Sector/ * Must have Experience in life insurance * Immediate joining will be preferred

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1.0 - 6.0 years

2 - 4 Lacs

Mumbai, Navi Mumbai, Mumbai (All Areas)

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* Must life Insurance Experience. * Good Communications skill is must * Core Responsibility to generate insurance business * Build Strong Professional synergies with Banking partner * Meeting assigned targets and generate leads Required Candidate profile * Minimum 01 yr to 5yr Sales experience in Banking/BFSI/ Insurance Sector/ * Must have Experience in life insurance * Immediate joining will be preferred

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3.0 - 8.0 years

14 - 15 Lacs

Thane, Mumbai (All Areas)

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Key Accounts Manager Relationship Bancassurance - Health Insurance - Thane or Prabhadevi Roles & Responsibility: Ensuring Bank continue their partnership even in a competitive open architecture environment Plan & Strategize in terms of sales targets in sync with the targets of Banks internal guidelines. Deliver Premium targets Ensure design and implementation of cutting edge Sales Management Practices to effectively manage expectations of a highly competitive and professional team of Partner Bankers. Running a Profit Center through effective management of Expenses. Manage Renewals Business expansion within Bank relationship in order to meet ambition of reaching premier position in Health Insurance

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1.0 - 5.0 years

3 - 3 Lacs

Mirzapur, Orai

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Bancassurance roles Generally revolve around promoting and selling insurance products through bank channels. Understanding customer needs, recommending suitable products, building relationships, and achieving sales targets.

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1.0 - 6.0 years

3 - 4 Lacs

Pune, Karwar, Mumbai (All Areas)

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Dear Candidate, We hope you are doing well Opening Available BDM (Agency Channel shriram Life Insurance) Shivaji Nagar-Pune EXP-1 Years + Only Life Insurance Background Salary: Up to 35k + Inc (skill-Any) Age 18 to 45 More-call & WP-9100177687

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2.0 - 4.0 years

4 - 6 Lacs

Ambala

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The Bancassurance Department within Axis Max Life Insurance plays a critical role in driving the distribution of life insurance products through our strategic partnership with Yes Bank. This department leverages Yes Bank s existing customer base and infrastructure to offer insurance solutions. Bancassurance Department serves as a bridge between Axis Max Life Insurance Company and Yes Bank, ensuring that insurance products are effectively marketed and sold to a wide customer base, while maintaining high standards of customer service, compliance, and performance. Below is a summary of the key functions typically performed by the Bancassurance Department Sales and Distribution Management Customer Relationship Management Compliance and Regulatory Oversight Job Summary This role involves establishing and strengthening relationships with branch managers and staff to generate leads, the candidate will actively participate in branch activities. The incumbent will be responsible for closing sales and ensuring follow-up on issuance. A key aspect of the role is to increase the bank s customer awareness about life insurance solutions and achieve targeted penetration of cross-sell within the branch s customer base. The candidate will effectively drive reward and recognition programs for bank staff and regularly train them on life insurance concepts and new product introductions. Key Responsibilities Establishing & strengthening relationship with branch manager & staff to gain leads from them. Involvement in work site activities (putting up stalls and making presentations in corporate. Closing sale and following up on issuance. Increasing bank s customer awareness about Life Insurance solutions and achieve the targeted penetration on cross sell within the branch s customer base. Drive effectively the Reward and recognition programs launched for the bank staff. Train the bank staff regularly on concepts in life insurance and new product introductions. Key skills required Communication skills Strategic thinking Product Knowledge Problem solving Time management Customer relationship management Deal closing skills Goal oriented Customer centricity. Desired qualification and experience Graduate/ Post Graduate in any discipline 2 to 4 years of experience in sales Good communication skills - English & regional language (preferred) Age group 22-28 years Preferably has own conveyance

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1.0 - 2.0 years

3 - 4 Lacs

Hyderabad

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Individual Role and will be managing bigger and medium size Axis Branch and will be responsible for generating business from Branch, and thereby will meet the target. Person would be reporting to Cluster Manager / Area Manager Axis Sales. KEY RESPONSIBILITIES- Managing relationship with Axis Branch Sellers and thereby meeting target through Bank s FOS Responsible for managing the leads generated from Branch and thereby convert into quality business. Must adhere to the process set and timely coordinate with Cluster Manager and Operations HUB. Ensuring minimal customer complain. Shall adhere to agree TATs on first customer contact and follow-ups from the date of the lead being registered. Ensuring 15month persistency on track and thereby ensure a robust follow up mechanism with the customers. Coordinating with Cluster Training manager to ensure bank staff regularly on concepts in life insurance and new product introductions. Shall be responsible for making active the branch banking sellers and thereby achieving the activation target Ensuring LMS usage as Tracking Mechanism on line and follow up Calls. Measures of Success Business Plan- Adj MFYP Collected (Rs.) - Plan v/s Actual- as per target assigned Case Size- Plan Vs Actual - as per target assigned Seller Activation- Seller Activation (%) - Plan v/s Actual- as per target assigned Persistency- 15th month Persistency (%) - >82.5 and as per plan Key competencies/skills required Excellent Relationship Skill, Managing Various level of Bank Management , Adherence to Process Desired qualification and experience- Graduate in Any Discipline from a UGC / AICTE approved College and University. 1 to 2 years of experience in sales, experience in Insurance will be preferred. Experience in the fields of Life insurance sales management, Retail bank distribution, and Channel Management and/or DSA relationship.

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1.0 - 2.0 years

3 - 4 Lacs

Jind

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Managing relationship with Axis Branch Sellers and thereby meeting target through Bank s FOS Responsible for managing the leads generated from Branch and thereby convert into quality business. Must adhere to the process set and timely coordinate with Cluster Manager and Operations HUB. Ensuring minimal customer complain. Shall adhere to agree TATs on first customer contact and follow-ups from the date of the lead being registered. Ensuring 15month persistency on track and thereby ensure a robust follow up mechanism with the customers. Coordinating with Cluster Training manager to ensure bank staff regularly on concepts in life insurance and new product introductions. Shall be responsible for making active the branch banking sellers and thereby achieving the activation target Ensuring LMS usage as Tracking Mechanism on line and follow up Calls. Measures of Success Business Plan- Adj MFYP Collected (Rs.) - Plan v/s Actual- as per target assigned Protection Sales- Selling minimum of 2 policies with case size of 15k Case Size- Plan Vs Actual - as per target assigned Percentage of E sales- 50% of NOP (Excluding BDE Sales) to be on Esales platform Seller Activation- BDE Seller Activation (%) - Plan v/s Actuals FDO Seller Activation (%) - Plan v/s Actuals Persistency- Plan vs Achievement Job Specifications Graduate in Any Discipline from a UGC / AICTE approved College and University. 1 to 2 years of experience in sales, experience in Insurance will be preferred. Experience in the fields of Life insurance sales management, Retail bank distribution, and Channel Management Knowledge & Skill Matrix Excellent Relationship Skill, Managing Various level of Bank Management

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1.0 - 2.0 years

3 - 4 Lacs

Hyderabad

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Individual Role and will be managing bigger and medium size Axis Branch and will be responsible for generating business from Branch, and thereby will meet the target. Person would be reporting to Cluster Manager / Area Manager Axis Sales. KEY RESPONSIBILITIES- Managing relationship with Axis Branch Sellers and thereby meeting target through Bank s FOS Responsible for managing the leads generated from Branch and thereby convert into quality business. Must adhere to the process set and timely coordinate with Cluster Manager and Operations HUB. Ensuring minimal customer complain. Shall adhere to agree TATs on first customer contact and follow-ups from the date of the lead being registered. Ensuring 15month persistency on track and thereby ensure a robust follow up mechanism with the customers. Coordinating with Cluster Training manager to ensure bank staff regularly on concepts in life insurance and new product introductions. Shall be responsible for making active the branch banking sellers and thereby achieving the activation target Ensuring LMS usage as Tracking Mechanism on line and follow up Calls. Measures of Success Business Plan- Adj MFYP Collected (Rs.) - Plan v/s Actual- as per target assigned Case Size- Plan Vs Actual - as per target assigned Seller Activation- Seller Activation (%) - Plan v/s Actual- as per target assigned Persistency- 15th month Persistency (%) - >82.5 and as per plan Key competencies/skills required Excellent Relationship Skill, Managing Various level of Bank Management , Adherence to Process Desired qualification and experience- Graduate in Any Discipline from a UGC / AICTE approved College and University. 1 to 2 years of experience in sales, experience in Insurance will be preferred. Experience in the fields of Life insurance sales management, Retail bank distribution, and Channel Management and/or DSA relationship.

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14.0 - 17.0 years

17 - 19 Lacs

Kanpur

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Relationship Management with the Axis Circle Head, Circle Business Managers, Segment Heads and Branch Heads With the advent of cluster formation relationship management with the Branch Heads in order to achieve business targets and builds a progressive partnership with the bank. Provide inputs to the CRM and make plans for achievement in order to support and contribute to Axis Bank Strategy. Periodic Analysis of the performance, Counsel and Mentor performance, Conduct Fortnightly PRPs with the RA and ASMs and Facilitate performance management. Business Plan- Adj MFYP (Rs.) - Plan v/s Actuals Activation plan- Seller Activation (%) - Plan Vs Actual Red Branches Turnaround of Red Branches as per Plan Achieve Product Mix & Case Size Plan- 1. Product Mix (By Value) - Plan Vs Actual 2. Case Size Plan Vs actual

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0.0 - 5.0 years

2 - 7 Lacs

Nashik

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Max Life Insurance Company Limited is looking for Relationship Associate Bancassurance to join our dynamic team and embark on a rewarding career journey Customer Relationship Management Relationship Associates in Bancassurance establish and maintain strong relationships with bank customers They engage with customers to understand their insurance needs, provide information about available insurance products, and offer personalized solutions based on individual requirements Insurance Product Knowledge They develop a comprehensive understanding of the insurance products offered by the bank This includes life insurance, health insurance, general insurance, and other relevant insurance solutions They stay updated on product features, benefits, terms, and conditions to effectively communicate the offerings to customers Sales and Cross-Selling Relationship Associates actively promote and sell insurance products to bank customers They identify cross-selling opportunities by analyzing customer profiles and financial needs They explain the features and benefits of insurance products, address customer queries, and guide customers through the insurance purchasing process Needs Analysis and Solution Design They conduct needs analysis for customers to determine their insurance requirements They assess the customer's risk profile, financial goals, and coverage needs Based on the analysis, they design suitable insurance solutions that align with the customer's preferences and financial capabilities Documentation and Application Processing Relationship Associates assist customers with the completion of insurance application forms and related documentation They ensure accuracy and completeness of information provided by customers and facilitate the smooth processing of insurance applications Customer Service and Support They provide ongoing customer service and support to address inquiries, claims processing, and policy servicing requirements They act as a point of contact for customers throughout the insurance policy lifecycle, resolving any issues or concerns that may arise

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0.0 - 5.0 years

2 - 7 Lacs

Pune

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Max Life Insurance Company Limited is looking for Relationship Associate - Bancassurance to join our dynamic team and embark on a rewarding career journey Customer Relationship Management Relationship Associates in Bancassurance establish and maintain strong relationships with bank customers They engage with customers to understand their insurance needs, provide information about available insurance products, and offer personalized solutions based on individual requirements Insurance Product Knowledge They develop a comprehensive understanding of the insurance products offered by the bank This includes life insurance, health insurance, general insurance, and other relevant insurance solutions They stay updated on product features, benefits, terms, and conditions to effectively communicate the offerings to customers Sales and Cross-Selling Relationship Associates actively promote and sell insurance products to bank customers They identify cross-selling opportunities by analyzing customer profiles and financial needs They explain the features and benefits of insurance products, address customer queries, and guide customers through the insurance purchasing process Needs Analysis and Solution Design They conduct needs analysis for customers to determine their insurance requirements They assess the customer's risk profile, financial goals, and coverage needs Based on the analysis, they design suitable insurance solutions that align with the customer's preferences and financial capabilities Documentation and Application Processing Relationship Associates assist customers with the completion of insurance application forms and related documentation They ensure accuracy and completeness of information provided by customers and facilitate the smooth processing of insurance applications Customer Service and Support They provide ongoing customer service and support to address inquiries, claims processing, and policy servicing requirements They act as a point of contact for customers throughout the insurance policy lifecycle, resolving any issues or concerns that may arise

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1.0 - 6.0 years

3 - 4 Lacs

Hyderabad, Chennai, Bengaluru

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Candidate Should Have Good Communication Skills Candidate Should Have Min 6 Months Sales Experience Build Good Relationship With Branch Staff Handling Walking Customers Ready to Visit Field If required Candidates Can Call @hr kavita 9318460257

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1.0 - 6.0 years

2 - 3 Lacs

Hyderabad, Chennai, Bengaluru

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Candidate needs to have Life Insurance Experience Candidate needs to be comfortable with field sales Candidate needs to have a 2 wheeler Interested Candidates can contact HR Varun- 9310054306/ Whatsapp- Resume

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3.0 - 7.0 years

5 - 8 Lacs

Bengaluru

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Roles and Responsibilities Building synergy with Regional Office. Driving the sales of Credit Card. Collection Management. Visibility Management. Execution of BTL (Below the Line) activities. Document management, KYC, AML compliances. Will be responsible for managing a team of Off-Roll Sales employees Desired Candidate Profile Good oral and presentation skills. Good interpersonal and problem-solving skills. Self-motivated, goal oriented and multitasking. High energy and ability to create good relationship with Bank Staff Minimum Experience For Regional Relationship Officer Post Graduate with minimum 1 years of experience.( Retail Assets and Credit Cards) Graduate with minimum 3 years of experience. ( Retail Assets and Credit Cards) For Deputy Regional Relationship Officer Graduate with minimum 1 year of experience. (Retail and Credit Cards) Maximum Age : 45 Years as on date of receipt of Application

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3.0 - 8.0 years

5 - 7 Lacs

Chennai

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Role Details Key Account Managers are responsible for acquiring new customers, increasing banks liability base, servicing walk-in-customers and covering all the needs of the mapped clients Overall Job Description To acquire new clients through leads and family accounts grouping To grow the liability base (CASA/FD) of the bank by deepening relationships of mapped customer base To sell bank and third party products like LI, GI, Home Loans, Credit Cards, and Personal Loans etc. To service clients covering all their banking needs including bank/3rd party products To meet / call mapped clients for client servicing needs and new products cross sell To actively participate in driving campaigns conducted across liability and other products To conform to processes of the bank and have a high focus on compliance Education Essential requirement: Graduate / Post Graduate, preferred exposure to financial subjects Work Experience Essential requirement: 3 - 6 years of sales experience from Banking / Insurance only into acquisition role. Desired / Functional Traits Knowledge of Banking products and processes. Experienced into client acquisition with strong relationship management skill with a (Candidates with existing set of customers are preferred) Age maximum 34 Please share CV to sathishkumar1@indusind.com

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2.0 - 7.0 years

2 - 4 Lacs

Panaji, Mumbai, Nagpur

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• Drive sales and achieve targets by building relationship with Existing Customers & exploring Cross Selling / Reference Selling opportunities. • Ensure Renewal is collected to keep every policy live. Sales Process Management. Required Candidate profile age - 36 max must have 2 years exp in Banca channel in Life insurance company for more job detail call / whatsapp your cv - 7008628064 (Tapaswini )

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2.0 - 6.0 years

2 - 4 Lacs

Hyderabad, Chennai, Bengaluru

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Greetings from Kotak Life Insurance!! We are Currently hiring For a Sales Manager In our Banca Channel. If you are interested in sales and want to earn good incentives along with career then share your resume on asmita.dewalkar@kotak.com Job description: 1. The incumbent will formulate and implement sales plan for the partner for achieving business targets of sales unit. Lead, motivate and train the partner. 2. Set and monitor clear objectives to achieve the agreed sales targets for the partners. 3. Help partners to generate and track leads, close sales. 4. Help partners to upsell and cross sell to customers basis need analysis 5. Help the partner facilitate their training on an ongoing basis to ensure a productive channel at all times. 6. Take regular feedback from partners and customers on satisfaction on selling process and products. 7. Review Sales plan of the partner and support their growth. 8. The employee will be on payroll of Kotak Life. 9. Candidate will be seating in the premises of Kotak Bank.

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2.0 - 7.0 years

1 - 4 Lacs

Bengaluru

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Virtual Acquisition Manager NRI Bangalore (ONLY MALE CANDIDATES) Location : Whitefield Bangalore Shift : Night Shift Contact : Ganesa Subramanian Whatsapp : 8056659888 (share your resume) Good English communication About OCC: Outbound Contact Center engages with the Axis Bank customers and prospects, virtually, through digital media to provide a seamless experience to customers while fulfilling their service requirements and using the opportunity to provide financial solutions via cross-sell and upsell. The Outbound Contact Centre supports the respective Line of Business to achieve and exceed dial targets through effective use of communication skills and envisages to provide a differential customer experience About the Role: The Virtual Acquisition Manager (VAM) uses business acumen, operational knowledge and impactful client interactions to identify and deliver the right product solution to prospective customers and explore other cross-sell opportunities to them. The Virtual Acquisition Manager (VAM) needs to be proficient in the core NTB liability product being offered andpossess working knowledge of Retail Asset products, Banking operations, Investment options and Cardproducts Key Responsibilities Manage the liability product acquisition thru leads from digital channel and propensity bases, delivering our prospective liability clients a superior customer experience. Acting as a single point of contact till the customer is on boarded. Achieve the monthly assigned business targets through effective conversion ratio, right product mix, defined average sourcing value and cross-sales generating fee income across investment, assets and cards. Effectively utilize all applications, tools, and databases used to process transparent end to-end client support. Proficient with systems related to Banking transactions and services Strictly adhere to the internal control policies and ensure that the organization's activities are carried out in accordance with the set guidelines Qualifications: Optimal qualification for success on the job is: Graduate or Post graduate from a recognized institution. 2- 5 years relevant role/ BFSI sector. Role Proficiencies: For successful execution of the job, the candidate should possess the following: Proficiency in systems related to Banking transactions and services. Good communication skills in both English and local language. Excellent lead generation and conversion skill. Ability to handle pressure and meet deadlines. Ability to successfully work as a part of a team. High sales orientation to meet the sales targets consistently. Teamwork, verbal and written excellence, resilience and highly motivated for developing a new department.

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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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