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1.0 - 6.0 years

3 - 5 Lacs

Kochi/ Cochin, Kottayam, Muvattupuzha

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Vacancy for BDM / ASM / Sales Manager - HDFC Life Insurance company CTC: 3 - 5.5 Lakhs + incentives Locations: All over Kerala Recruiting a team of 7 -10 insurance agents & achieve sales targets through them Send CV to bookmark.hr@gmail.com Required Candidate profile Graduates with 1 year field sales experience can apply Vacancy- All over Kerala CTC : 3 - 5.5 Lakhs CTC negotiable based on current CTC Send CV to bookmark.hr@gmail.com / Whatsapp - 9746475326

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1.0 - 4.0 years

3 - 4 Lacs

Nagaon

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Role & responsibilities - Life Insurance Sales - Banca Vertical - Maintain wallet share - Business Development with Partner RM/BM Preferred candidate profile Life Insurance - Banca Vertical (PSU Bank)

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1.0 - 4.0 years

3 - 4 Lacs

Naharlagun

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Role & responsibilities - Life Insurance Sales - Banca Vertical - Maintain wallet share - Business Development with Partner RM/BM Preferred candidate profile Life Insurance - Banca Vertical (PSU Bank)

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1.0 - 4.0 years

3 - 4 Lacs

Tinsukia

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Role & responsibilities - Life Insurance Sales - Banca Vertical - Maintain wallet share - Business Development with Partner RM/BM Preferred candidate profile Life Insurance - Banca Vertical (PSU Bank)

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2.0 - 5.0 years

3 - 5 Lacs

Chennai

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Job Description - Analyzing customer needs and identifying cross-sell opportunities. Explaining banking and insurance products and processes to customers. Assisting customers in choosing the most appropriate financial products. Knowing banking and insurance policies to offer the best solutions. Building customer relationships and providing after-sales services. Improving customer satisfaction and achieving Sales targets.

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1.0 - 5.0 years

2 - 4 Lacs

Bhubaneswar, Kolkata, Patna

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-Cold calling for banking products. -A Great Welcoming Personality That Encourages Relationship Building. -Converting leads (provided by company) to business. -Actively engage with customers and solve their issues give them best services. Required Candidate profile • 07-2 years experience in sales & Marketing • Graduate or above • Candidates must have their own vehicles • Must have good local Network.

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5.0 - 10.0 years

4 - 6 Lacs

Warangal, Salem, Chennai

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he would be responsible for the overall branch business and operations. His primary responsibility is business development and needs to add more IFA / Business partners, to activate and motivate the existing partners for business. Also to do various activities to generate leads for recruitment of new partners. He needs to handle the team of Unit Managers - Sales who are involved in partner recruitment and relationship management. Overall responsible for business development of the Financial Products Distribution for the given location. To oversee and manage the branch staff, including their coaching, development and discipline to help meet sales targets, strict adherence to policies and procedures, and to provide services Groom the team on product knowledge, system usages and guiding them to achieve the business objectives. Help the team to design and implement the business plans, ensuring the branch compliances, policies and process To do the regular performance review of employees and evaluate, guide them for achieving the set goal. Products: Mutual Fund, Insurance, PMS, NPS, Loan against MF, Equity & ETFs, Bonds etc. Business targets: Recruitment of Financial Products Distributor, Product sales through IFA etc. 5 - 10 yrs experience in Sales of Financial Products like Mutual Funds, Insurance etc. Preferred candidate who has worked in B2B (Business to Business) model OR Agency Model, wherein he has experience in recruitment of agents / brokers. Milki Bisht-9151206474 Email id milki.bisht@nlbtech.in

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1.0 - 2.0 years

2 - 5 Lacs

Chennai, Coimbatore, Bengaluru

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* 50 % Leads will given by company (Head office) * Call and Fix Appointment with Customer * Meeting customer directly and trying to close the business * Maintain long term relationship with customers.

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0.0 - 4.0 years

2 - 4 Lacs

Hyderabad, Bengaluru, Delhi / NCR

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Should Have Good Communication Skills BFSI sales experience candidates can apply Life Insurance sales experience is preferred Open for Field work Bike is mandatory Freshers are also welcome Candidates Can Call @HR Neebha 8384075250 & WhatsApp CV

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1.0 - 5.0 years

2 - 4 Lacs

Mumbai, Chennai, Bengaluru

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Candidate should be comfortable for field work Should Have Min 1 Year Sales Experience Build a Good Relationship With Bank RM Sell life insurance to walk-in customers Must be a graduate and have a bike Candidates Can Call @HR Ankita 9101286673

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0.0 - 5.0 years

3 - 4 Lacs

Kochi, Thrissur, Thiruvananthapuram

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Job title: - Direct Sales Relationship Manager. Location: - Thiruvananthapuram, Kochi, Kottayam, Thrissur. Job Description: -: Managing the life insurance sales through assigned Bank branches. Coordinating between Bank and company from lead generation to policy conversion. Deal with walking customers sale them Life insurance policies. Salary: Open for perfect candidate. Key Responsibilities: - Generate leads from in-branch lead generators, bank customer database & walk in customers. Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from the company's product range, gain customer agreement to purchase, accurately complete sales documentation. Build a good customer base in order to explore opportunities to cross-sell & up-sell, Obtain referral to further prospects where appropriate. Responsible for sales completion by facilitating completion of medical reports & ensuring prompt issue of policy document Adherence to company sales process and timely submission of various reports. Age Limit : up to 35 Must Criteria: Should be having min 1 year of Life Insurance experience/ cross selling experience of Insurance sales /Banking/Financial Services sales experience Qualification : Any Degree or Diploma 3 years.

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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 MANDATORILY Candidate needs to have proper sales and BFSI Experience Candidate needs to be comfortable with field sales Interested candidates can call HR Varun- 9310054306/ Whatsapp- Resume

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1.0 - 6.0 years

2 - 4 Lacs

Kota, Udaipur, Chittaurgarh

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Bank is the key customer of the Business Development Manager, and he/she must engage an open and trusting relationship with the Branch Managers/officers/staff Sale Life Insurance Product , Lead generation Bank Client Required Candidate profile Lead Generation Work Spearhead all lead generation initiative from the bank – whether through walk-in, data mining, referrals, etc.

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1.0 - 4.0 years

3 - 4 Lacs

Itanagar

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Role & responsibilities - Life Insurance in Banca Vertical Preferred candidate profile Life Insurance in Bancassurance

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0.0 - 5.0 years

3 - 3 Lacs

Jamshedpur

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Primary Role: To develop the insurance business in assigned area by supporting the Sales Team. Strategic planning for business development of insurance product in coordination with Branch Manager. Training of the advisors on Product, Processes and Policies as defined by Head office. Relationship building with insurance companies and liasioning for various activities. Activity Planning, Execution and overall management. Operational Assistance to various mapped branches for logins and issuance. Involvement in doing Business Opportunity Presentation for bringing new advisors in the business. Required Candidate profile: 1. Willing to Work For Sales. 2. Good convincing Power & Good Communications skills both verbal and written. 3. Team handling experience candidate preferred. 4. Must have a Sales Attitude. 5. A Positive and go getter attitude & strong team culture. Job location : Jamshedpur branch. Experience: "MBA fresher" OR "Graduate with minimum 3 yrs exp. in insurance sales". Salary : 3.50 LPA to Rs 3.75 LPA (Fixed ctc will be depend on the number of years experience) + Performance Annual Incentive + ( Mobile Reimbursement + Conveyance ) + Good Appraisal and Growth. Regards Amit Sahani Human Resource Contact: 9073345450. E-mail id- amit.sahani@njgroup.in Role

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1.0 - 5.0 years

3 - 3 Lacs

Kolkata, Barasat, Howrah

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Roles and Responsibilities The Sales Manager has the responsibility of driving sales and achieving the sales target for the assigned tele channel Drive sales and achieve targets through the bank branches Support the bank unit/tele channel unit with sales effort, in terms of generating benefit illustrations, analysing scope for business development Engage an open and trusting relationship with the bank unit staff Engage the employees of the bank channel in regular discussions to transfer knowledge about insurance, product offerings and understand their issues/ concerns about selling insurance (if any) Ensure that all service requirements are met, medicals facilitated, and customers are satisfied Spearhead all lead generation initiative from the bank whether through lead transfer, data-mining, referrals and others. Desired Candidate Profile Qualification - Min Graduate. Experience - 1yr of insurance sales exp Perks and Benefits CTC - Up to 3.5 Lakhs + Allowances and Incentives

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1.0 - 4.0 years

2 - 4 Lacs

Kanpur, Bengaluru, Mumbai (All Areas)

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Role & responsibilities: Achieve targets for the designated partner/tie- up through effective implementation of sales strategies by maintaining Relationships with Branch Officials. Plan and execute sales promotion activities in order to generate premium and numbers, build and improve brand image. Build & manage relationships with various channel partners to retain business. Establish strong partnership with distributors & bank assurance partners. Assist them with training and guidance to conduct business. Recommend local promotion plan in consultations with the channel partners. Implementation of the plans as agreed. Continuously monitor the performance of partners and coach them for improvement. Track competitors information and devise strategies to counter. Perks and benefits :- Candidates are eligible for travel allowance and incentives. Interested candidates can share their resume on below mention email ID: o-tathagat.ushire@futuregenerali.in

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1.0 - 5.0 years

2 - 5 Lacs

Indore, Pune, Mumbai (All Areas)

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Urgent hiring for insurance companies Any Insurance sales candidates can apply Min1yr exp in life/health or any Insurance sales. Age below 40 Interested candidates can share CV on 844717197 Location are Indore,Pune,Mumbai,Gwalior,Warje,Solapur,Goa

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0.0 - 5.0 years

2 - 7 Lacs

Raipur

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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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2.0 - 7.0 years

3 - 4 Lacs

Nagpur

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Max Life Insurance Company Limited is looking for Associate Sales Manager - Bancassurance to join our dynamic team and embark on a rewarding career journey Bancassurance Sales Drive the sales of insurance products through partner banks by effectively promoting and positioning insurance offerings to potential customers Relationship Building Establish and maintain strong relationships with key personnel at partner banks, including branch managers, relationship managers, and customer service teams Training and Development Conduct training sessions for bank staff to enhance their knowledge of insurance products, sales techniques, and compliance requirements Sales Strategy Collaborate with the Sales Manager to develop and implement effective sales strategies to maximize revenue generation and achieve set targets Cross-Selling Identify cross-selling opportunities within the existing bank customer base and encourage the promotion of insurance products by the bank's employees Market Research Stay up-to-date with market trends, competitor activities, and customer needs to identify potential growth areas and enhance product offerings Performance Tracking Monitor and analyze sales performance data, prepare sales reports, and present findings to management regularly Compliance Ensure all sales activities adhere to regulatory guidelines and company policies, promoting ethical practices at all times Customer Service Provide excellent customer service to clients and address any inquiries or concerns related to insurance products in collaboration with the bank's customer service team Team Collaboration Collaborate with the broader sales team and other departments to leverage synergies and support overall business objectives

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2.0 - 7.0 years

3 - 4 Lacs

Pune

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Max Life Insurance Company Limited is looking for Associate Sales Manager - Bancassurance to join our dynamic team and embark on a rewarding career journey Bancassurance Sales Drive the sales of insurance products through partner banks by effectively promoting and positioning insurance offerings to potential customers Relationship Building Establish and maintain strong relationships with key personnel at partner banks, including branch managers, relationship managers, and customer service teams Training and Development Conduct training sessions for bank staff to enhance their knowledge of insurance products, sales techniques, and compliance requirements Sales Strategy Collaborate with the Sales Manager to develop and implement effective sales strategies to maximize revenue generation and achieve set targets Cross-Selling Identify cross-selling opportunities within the existing bank customer base and encourage the promotion of insurance products by the bank's employees Market Research Stay up-to-date with market trends, competitor activities, and customer needs to identify potential growth areas and enhance product offerings Performance Tracking Monitor and analyze sales performance data, prepare sales reports, and present findings to management regularly Compliance Ensure all sales activities adhere to regulatory guidelines and company policies, promoting ethical practices at all times Customer Service Provide excellent customer service to clients and address any inquiries or concerns related to insurance products in collaboration with the bank's customer service team Team Collaboration Collaborate with the broader sales team and other departments to leverage synergies and support overall business objectives

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0.0 - 5.0 years

2 - 7 Lacs

Gorakhpur

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Will be responsible for meeting sales target through Bank s FOS. Will be responsible for maintaining relationships with all constituents in the Bank Branch Keeping accurate record of referrals received form all constituents in the bank branch. Shall adhere to agree TATs on first customer contact and follow-ups from the date of the lead being registered. Shall approach him/herself at least 5 new customers in the bank branch each day. 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. Shall train the bank staff regularly on concepts in life insurance and new product introductions. Achieving Business Target milestones - AFYP / Blended premium, and no. of cases. Relationship with Bank Branch Manager Effective Lead generation and meet value / number targets

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1.0 - 2.0 years

3 - 4 Lacs

Coimbatore

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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 Business Plan- WPC - Plan v/s Actual- as per target assigned 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 and/or DSA relationship Knowledge & Skill Matrix Excellent Relationship Skill, Managing Various level of Bank Management , Adherence to Process

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1.0 - 2.0 years

3 - 4 Lacs

Tiruchirapalli

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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- WPC - Plan v/s Actual- as per target assigned 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 and/or DSA relationship Knowledge & Skill Matrix Excellent Relationship Skill, Managing Various level of Bank Management , Adherence to Process

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1.0 - 2.0 years

3 - 4 Lacs

Chennai

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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- WPC - Plan v/s Actual- as per target assigned 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 and/or DSA relationship Knowledge & Skill Matrix Excellent Relationship Skill, Managing Various level of Bank Management , Adherence to Process

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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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