Bancassurance Manager

HDFC Life

1 - 5 years

0 - 3 Lacs

bengaluru

Posted:1 day ago| Platform:

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Skills Required

bancassurance sales insurance sales sales life insurance

Work Mode

Work from Office

Job Type

Full Time

Job Description

a professional who manages the sales of insurance products through bank channels

Sales and target management:
Implement strategies to meet and exceed sales targets for insurance products sold through the bank.
Relationship management:
Build and maintain strong relationships with bank employees (like VRM tele callers) and bank partners to maximize lead flow and sales.
Strategic planning:
Develop and implement strategic plans to drive overall bancassurance business growth.
Market analysis:
Conduct market research and analysis to identify sales opportunities and understand customer needs.
Compliance:
Ensure all sales activities and product promotions adhere to relevant financial regulations and company policies.
Collaboration:
Work with cross-functional teams to align on business objectives and drive growth.
Reporting:
Maintain sales trackers and provide regular updates to management.

Required skills and qualifications

Education:
A Bachelor's degree in Finance, Business Administration, or a related field is typically required.
Experience:
Minimum 1 year of experience is often required in sales, particularly in life, health, BFSI, or banking.
Communication:
Strong verbal and written communication skills are essential.
Interpersonal skills:
The ability to build and maintain strong, collaborative relationships is crucial.
Product knowledge:
A solid understanding of insurance products and regulations is necessary.
Other skills:
Negotiation, time management, and knowledge of sales tools like CRM software can be beneficial.

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