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1085 Bancassurance Sales Jobs

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1.0 - 4.0 years

3 - 4 Lacs

Dibrugarh

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Role & responsibilities - Banca Sales Preferred candidate profile Life Insurance - Banca - FLS

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6.0 - 10.0 years

6 - 11 Lacs

Sitapur, Lucknow, Etawah

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Job Purpose To derive Insurance Business from assigned Relationship/Channel partner in an area or zone, to convince the relationship so they can convince their customer to invest in Leading life Insurance. To ensure all the pre and post sales support and services to the relationship as well as to the clients along with the team dedicated to the relationship. Ensure not only achieving the target but also to make sure there is a consistent growth in the business every quarter. Roles and Responsibilities Employees are ON ROLLS of Leading life Insurance. Employee will be mapped to the respective Bank Branches basis on the geography assigned. Prime Responsibility to generate insurance Business through Bank Branch, walk-in customers and leads generated by the Branch staff. They will be required to generate business only for the assigned branch in the assigned geography through New or Old customers. Providing support to branch profitability by selling LI Insurance product through different acquisition channels in the catchment area. Will be responsible for achieving monthly sales target assigned: NOP FYP Persistency Customer complaint Responsible for customer complaints and need to be resolved in the specific TAT, & ensure quality customer service is delivered. Penetration of LI to existing and new customers. Employee has to build the smooth-professional relationship with the respective Branch Manager & with the Branch employees. In the open Architecture Scenario its very essential to built the strong relationship with the Banca partners. Key Expectations: To Handle Bank customers requirements with the best services and products ranges. To make ourself equipped with insurance and Bank Products knowledge. To manage the relationship at all the levels to have the desire outputs. Communicating any product changes, process change or change in any rules and regulations (internal / IRDA) with the help of different training module to Banca Partners. Supporting in the actual sales and service aspects including sales calls, issuance and complaint handling.

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0.0 - 2.0 years

2 - 3 Lacs

Madurai, Chennai

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Roles and Responsibilities Manage relationships with existing clients to identify their financial goals and provide tailored insurance solutions. Develop new business opportunities through networking, referrals, and prospecting. Meet or exceed monthly sales targets by selling life insurance products to customers. Collaborate with internal teams to resolve client issues and improve overall customer satisfaction. Stay up-to-date with industry trends, regulations, and competitor activity to maintain a competitive edge. Desired Candidate Profile 0-2 years of experience in bancassurance sales or related field (insurance sales). Strong understanding of life insurance products and services. Excellent communication, negotiation, and interpersonal skills. Ability to work independently from home office environment.

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0.0 - 3.0 years

1 - 3 Lacs

Kolkata

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Greetings from India First Life Insurance !! We are Currently hiring for a Business Development Manager in our Bancassurance Channel. If you are interested in sales and want to earn good incentives along with career, then share you resume on Dimple.Das@indiafirstlife.com & Call on 8879908663 Business Development Manager - Bancassurance - BOB PO POSITION / DESIGNATION Business Development Manager - BOB BA BAND / GRADE Executive/Senior Executive JOB RESPONSIBILITIES Target Achievement Drive sales and achieve targets through the bank branches Sales Support Support the Customer Relationship Officer in the branch for his/ her sales effort, in terms of generating benefit illustrations, accompanying on client calls Relationship Management 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 Engage the employees of the bank branches in regular discussions to transfer knowledge about insurance. Ensure that all service Lead Generation Spearhead all lead generation initiative from the bank whether through walk-in, data mining, referrals, etc. KEY PERFORMANCE INDICATORS QUALITATIVE Achieving sales targets Activate & Penetrate branches for Insurance Sales Arranging training programs for bank staff on products and selling skills Increasing productivity of bank branch QU QUANTITATIVE Achievement of Monthly / Quarterly / Half yearly and Annual Sales Target PREFERRED CREDENTIALS WORK EXPERIENCE 0-4 years In Insurance / Banking / Finance / FMCG / NBFC / Pharma Sales and Freshers. AGE Below 35 Years

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2.0 - 4.0 years

3 - 4 Lacs

Kolkata

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Urgently hiring for sr.bancassurance manager life Insurance and sales Insurance is must Age below 40 Interested candidates whatsapp 8918239473 Location- Howrah, Joynagar ,Namkhana, Kwakdip

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1.0 - 5.0 years

2 - 4 Lacs

Mehsana, Surat, Vadodara

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To work with staff of bank partners to identify potential banking customers with financial protection needs. To provide professional insurance advice to customers of our bank partners. To provide after sales service to the successful cases 6352870507 Required Candidate profile Any bachelor having min 6 months of experience in Sales & Marketing ,Banking, finance and Insurance - Fresher with Good communication skill can also apply Call/WhatsApp on 6352870507 Perks and benefits Medical Allowance's, petrol Allowances, PF

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5.0 - 10.0 years

5 - 9 Lacs

Kochi, Ernakulam

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Urgent Hiring Cluster Manager | Banca Channel | Life Insurance We are hiring for a Cluster Manager role for the Banca Channel (Bank of Maharashtra) with a leading Life Insurance Company. Location: Kochi, Kerala Max CTC: Up to 9 LPA Joining: Immediate joiners or those with less than 60 days' notice preferred Role Highlights: Lead and manage 4 FLS across Kerala Oversee 58 bank branches under the Bank of Maharashtra Ensure 40–50% branch visits per month to drive business and engagement Prior Cluster Manager experience in Life Insurance Banca Channel is mandatory This is an exciting opportunity to drive performance and growth in a key region! If interested or know someone who fits, please DM or share your resume at [ neenu@hrquadrant.com ].

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2.0 - 7.0 years

3 - 5 Lacs

Dharwad, Kalburagi

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Hiring for the life Insurance Position: Field Relationship Manager - Direct Channel Highest Education: Graduate / Post-Graduate Experience: >5 years experience (preferably minimum 2 years in Life Insurance) Location: Gulbarga, Dharwad Key Result Areas Activities 1 Impact on the Business / Function Pitch and sell insurance products to existing policyholders and to bank customers Identify opportunities to bundle insurance offerings for better customer value Achieve set sales targets and contribute to overall business Operate in the defined sales process and use the tools provided (e.g., Lead Management System) 2. Customers / Stakeholders Contact customers through calls, emails or meetings to present cross-selling opportunities Build strong relationships with clients to ensure repeat business and referrals Analyze customer profiles to suggest suitable insurance solutions Address customer queries, resolve complaints, and any other doubts Collaborate with bank branch and staff basis the requirement and needs Coordinate with internal teams like branch operations, new business, underwriting, etc. for effective fulfilment from login to issuance 3 Product Knowledge Comprehensive understanding of the features, benefits, and terms of all insurance products offered Proper explanation of policy options, features, terms, and coverage details clearly to customers 4 Operational Effectiveness & Control Ensure Controls and Audit are in place as required by IRDA & CHL Compliance Foster a compliance culture; act as a change agent to uncover issues and implement innovative solutions to manage risk actively Ensure proper usage of Merchandise and PIR VIII. Competencies Excellent communication and interpersonal skills Good understanding of insurance & bank products Effective sales process and lead management skills Ability to identify customer needs through need analysis/assessment Proficiency in using tools like Lead Management System, Application Journey, BI generation, etc. Basic ability to read and understand data reports and MIS Sales-driven mindset with a focus on achieving targets Please share your resume on 8977966681 (DEEPALI K)

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0.0 - 4.0 years

2 - 3 Lacs

Bharuch, Venkatagiri, Jhalawar

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Job description Role & responsibilities- Target Achievement Drive sales and achieve targets through the bank branches Sales Support Support the Customer Relationship Officer in the branch for his/ her sales effort, in terms of generating benefit illustrations, accompanying on client calls Relationship Management 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 Engage the employees of the bank branches in regular discussions to transfer knowledge about insurance. Ensure that all service Lead Generation Spearhead all lead generation initiative from the bank whether through walk-in, data mining, referrals, etc Preferred candidate profile- Work experience - 0-4 years In Insurance / Banking / Finance / FMCG / NBFC / Pharma Sales and Freshers. Age - below 35 years Education Qualification - Graduate

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1.0 - 4.0 years

2 - 3 Lacs

Gurugram, Delhi / NCR

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6 months Experience is mandatory Candidate should have bike and License Must have good Communication Candidate Must Interested For field sales and Home loan Interested plz call HR Mansi 8595586162

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4.0 - 9.0 years

5 - 12 Lacs

Ludhiana, Sangrur, Gurugram

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We are hiring for cluster manager for one of leading Life Insurance company for Banking channel to lead Banca Insurance sales Team. Candidates below age of 33 years having banca insurance experience of min 3 to 7 years preferably team handeling .

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5.0 - 10.0 years

6 - 10 Lacs

Kolkata

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Responsibilities : 1. Sales Strategy: Develop and implement sales strategies and action plans to drive business growth across the assigned channels.Analyse market trends, competition, and customer needs to identify opportunities for product enhancements and market expansion. 2. Lead Generation: Collaborate with the sales team to generate leads for life, health, and general insurance products through various channels, such as referrals, cold calling, networking, and online platforms. Monitor lead quality and provide guidance on effective lead conversion techniques. 3. Customer Relationship Management: Work closely with the sales and advisory teams of Insurance channel to foster strong customer relationships. Support the team in engaging with customers, understanding their insurance needs, and providing customized solutions. 4. Cross-Selling and Upselling: Develop and implement initiatives to drive cross-selling and upselling opportunities for existing customers. Collaborate with the sales team to identify customer needs, match appropriate insurance products, and maximize revenue from the existing customer base. 5. Sales Performance Tracking: Monitor and analyze sales performance metrics, such as revenue, conversion rates, and customer retention. Identify areas of improvement and implement corrective measures to ensure sales targets are met or exceeded. 6. Relationship Management: Build and maintain strong relationships with key stakeholders, including sales partners, branch managers, and internal departments. Collaborate with cross-functional teams to ensure seamless coordination and support in achieving business objectives. Qualifications : 1. Education: Bachelor's degree in any discipline (preferably business, finance, or marketing). 2. Insurance Knowledge: In-depth understanding of life, health, and general insurance products, including their features, coverage, and benefits. Familiarity with insurance market dynamics, competition, and regulatory requirements. 3. Sales Expertise: Extensive experience in insurance sales, with a strong sales track record and a customer-centric approach. Demonstrated success in cross-selling and upselling initiatives. 4. Communication Skills: Excellent verbal and written communication skills in English and Hindi. Ability to effectively communicate and negotiate with stakeholders at all levels. 5. Analytical Skills: Strong analytical and problem-solving abilities. Ability to analyse sales data, identify trends, and make data-driven decisions. 6. Result-Oriented: Proactive, self-motivated, and goal-driven mind-set. Ability to work independently and manage multiple priorities while meeting deadlines.

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1.0 - 4.0 years

2 - 5 Lacs

Bengaluru

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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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1.0 - 3.0 years

2 - 3 Lacs

Varanasi, New Delhi, Solan

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Relationship Management * The Bank is the key customer of the Business Manager and he has to engage an open and trusting relationship with the Branch Managers/officers/staff. * Engage the employees of the bank branches in regular discussions to transfer knowledge about insurance, Company's product offerings and understand their issues/ concerns about selling insurance QUALIFICATIONS :- Graduates / MBAs of formal education is desirable. WORK EXPERIENCE:- 1-3 years In Insurance / Banking / Finance CTC : upto 3.25 + 72 K fixed TA Tarana For calling : 8929394005 for Whatsapp : 9625438313 Mail ID : tarana.del@tminetwork.com

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2.0 - 7.0 years

3 - 7 Lacs

Hoshiarpur, Meerut, Amritsar

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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 - 3.0 years

3 Lacs

Shimoga, Bengaluru

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Dear Aspirant, Chola MS General Insurance Company is hiring Bancassurance Sales Managers in BANGALORE & SHIVAMOGA location. Bangalore - Jayanagar | JP Nagar | Whitefield Role & responsibilities . Responsible for handling the given bank branches for branch operations. . Coordinate day to day activities with Channel Partners, Bank Employees, Bank Branches. . Service branch customers for any query. . Regular product training / refresher to the sales force of the branch. . Drive productivity by advising right insurance solutions. . Responsible for sourcing business, lead generations and improve market share. . Achieving the given sales target. Preferred candidate profile . Min 1 to 3 Years experience in any insurance sales role with a Bachelor Degree in any stream . Min 0.6 Months to 3 Years experience in insurance sales. Regards Christin Joseph HR Team, Chola MS General Insurance Company Ltd christinjoseph@cholamsispl.com 9483323576 | 8921395368

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1.0 - 6.0 years

2 - 4 Lacs

Noida, Gurugram, Delhi / NCR

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Hello, Greetings From Kotak life Insurance ! We are currently hiring for a Sales Manger for our Banca + Direct Channel. Here is an excellent opportunity to get associated with the leading brand IF you are interested in sales and want to earn good incentives along with career then share your resume on " kli.tanaya--shelar@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.

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6.0 - 7.0 years

9 - 11 Lacs

Kochi

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Manage a cluster of sales teams to achieve business targets and goals Develop and implement sales strategies to increase revenue and customer acquisition

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1.0 - 6.0 years

1 - 4 Lacs

Ahmedabad, Surat, Mumbai (All Areas)

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Hello, Greetings from Kotak Life Insurance! Job location : Surat, Mumbai , Ahmedabad Interested candidates can share their resumes at " kli.devika-dikshit@kotak.com " Contact Person - 9833936084 Job description : Banca Channel Here is an excellent opportunity to get associated with the leading brand - The incumbent will formulate and implement sales plan for the partner for achieving business targets of sales unit. Lead, motivate and train the partner. - Set and monitor clear objectives to achieve the agreed sales targets for the partners. - Help partners to generate and track leads, close sales. - Help partners to upsell and cross sell to customers basis need analysis - Help the partner facilitate their training on an ongoing basis to ensure a productive channel at all times. - Take regular feedback from partners and customers on satisfaction on selling process and products. - Review Sales plan of the partner and support their growth. - The employee will be on payroll of Kotak Life - Minimum 1 year of experience in Life Insurance

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0.0 years

2 - 3 Lacs

Kochi, Thrissur

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Relationship Manager The Candidate will be assigned or tagged under 2 to 3 Branches of assigned Bank/Financial Partner office and reporting to cluster manager. The candidate should work along with the Branch Manager and Team members of Bank/Financial Partner and promote the Bajaj Allianz Life Insurance product for the Customers of the Bank/Financial Partner. The candidate prime responsibility should build good relationship with the Branch Managers and Team members of the Assigned Branches and generate maximum lead from the branches assigned and take it to closure and generate maximum revenue for BALIC. He needs to visit all the assigned branches under him on daily basis. Only BFSI/LI experience candidate preferred Required Qualifications: Graduate / Post Graduate - In Any Field Strong interpersonal and communication skills. Ability to work independently and as part of a team. Goal-oriented with a track record of achieving sales targets. Perks and benefits: Competitive salary and performance-based incentives. Opportunities for career growth and development. Collaborative and supportive work environment. Comprehensive benefits package.

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5.0 - 7.0 years

7 - 16 Lacs

Pune, Mumbai (All Areas)

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Required Min 5-6 yrs experience in life Insurance Team Handling experience required Ctc upto 16 lpa Coordinate with HR 9587136422

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0.0 - 3.0 years

0 - 3 Lacs

Ongole, Anantapur, Nellore

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We are hiring for Banca Channel for one of the leading insurance organisation. Role & responsibilities Responsible for driving life insurance sales through assigned bank branches, building and maintaining strong relationships with bank staff, and providing excellent pre- and post-sales support to clients and bank partners. Preferred candidate profile : Designation : Relationship Officer Channel : Bancassurance( Ulip, Mix ,Trad life insurance sales) Insurance Typ e: Life Insurance Age Limit : Up to 35 years Education : Graduate (any stream), No B.Tech Travel : Own two-wheeler and valid driving license mandatory Experience: Freshers or 1 to 3 years in Life Insurance sales (Bancassurance channel preferred) Salary: 4 LPA (Fixed) + Lucrative Incentives Join Status : Immediate Joiners Freshers also can apply But bike and license is mandatory. Job Location: Gadwal, nagaram, narketpally, Ramana Peta, allure, kothur, Ongole, singarayakonda, Kadri, atmakur, Nellore, kothacheruvu, puttaparthi, dharmavaram, madakasira ,bathulapalli, penukonda ,buchireddypalem ,chilamatur, ammavaripalle, nandayala, anathapur, kalyanadurgam, alagada, prudutur, pulivendala, Rajampeta, markapur, Tadipatri Interview process: Face to Face round , Virtual process If interested pls share profiles to this mail ID or what up rajyalakshmi.K@tekninjas.in or what up 8121018101

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2.0 - 7.0 years

2 - 5 Lacs

Gandhinagar, Ahmedabad, Vadodara

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Establishing & strengthening relationship with the Bank Branch Manager to gain leads.Prospecting customers of the Bank & conducting Quick Need Analysis For More Details 7374848545- Neelam

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1.0 - 3.0 years

2 - 4 Lacs

Malda

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Role & responsibilities • Responsible for managing a key relationship of a very reputed and demanding Bank. Responsible for managing overall business for assigned area (4-5 branches) which involves business development, sales, relationship management, operational and training support, identifying new business opportunities, and meeting overall target assigned on new business. Responsible to establish productive, professional relationship with key personnel of assigned business vertical. • Responsible for all operations, customer servicing and customer retention activities for the assigned business verticals. • Responsible to drive business through credit life /group initiatives to achieve monthly, quarterly & yearly business targets Responsible for business tracking, analyzing and reporting business results at desired and periodic intervals to reporting authority. Responsible for compliant business practices and ensuring that employees of business vertical comply with ethical business practices for Insurance sale. Ability to deal with HNI Clients. Responsible to maintain high channel satisfaction ratings that meet company standard s Preferred candidate profile Communication in English, Hindi & other Regional Language (Local candidate will be preferred) Keen to work in a highly competitive environment. Right attitude & never say- die mind-set. Effective planning, time management and organizational skills Demonstrated ability to understand customer/partner issues and navigate to an appropriate resolution leveraging business knowledge and technical aptitude. Mandatory Requirements Age-Within 32 can apply. Two wheeler (Preferred) Notice period- 30 days or less priyanka.sharma12@bajajallianz.co.in

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0.0 - 3.0 years

1 - 2 Lacs

Gangawati, Sindhnur

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Hiring for SALES OFFICER for Banca Channel-Life Insurance Locations : Karatagi,Sindhnoor ,Gangavathi Preferred candidate profile : Freshers are eligible Education: Any Graduate CTC Range : 2.75LPA If interested share your updated resume on 9032608694 OR email id : snehatalla@tminetwork.com

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Exploring Bancassurance Sales Jobs in India

Bancassurance sales is a growing field in India, with many banks and insurance companies partnering to offer customers insurance products through bank channels. This job role involves selling insurance products to bank customers, leveraging the bank's customer base to increase sales. If you are considering a career in bancassurance sales in India, here is some information to help you navigate the job market:

Top Hiring Locations in India

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

These cities are known for their active hiring in the bancassurance sales sector, offering a range of opportunities for job seekers.

Average Salary Range

The average salary range for bancassurance sales professionals in India varies based on experience and location. Entry-level positions can start at around INR 3-5 lakhs per annum, while experienced professionals can earn upwards of INR 10-15 lakhs per annum.

Career Path

A typical career path in bancassurance sales may progress from Bancassurance Sales Executive to Bancassurance Sales Manager, and then to Bancassurance Sales Head. With experience and proven sales performance, professionals can advance to senior management positions within the organization.

Related Skills

In addition to sales skills, bancassurance sales professionals are expected to have strong communication skills, relationship-building abilities, and a good understanding of insurance products and regulations. Knowledge of banking operations and financial products can also be beneficial in this role.

Interview Questions

  • What do you understand by bancassurance? (basic)
  • Can you explain the difference between life insurance and general insurance products? (basic)
  • How do you approach a potential customer to sell insurance products? (medium)
  • How do you handle objections from customers during a sales pitch? (medium)
  • Can you give an example of a successful bancassurance sales deal you closed in the past? (medium)
  • How do you stay updated with the latest trends in the insurance industry? (medium)
  • What strategies would you implement to increase sales in a competitive market? (advanced)
  • How do you assess a customer's insurance needs and recommend suitable products? (advanced)
  • What is your approach to building long-term relationships with customers? (advanced)
  • How do you handle underperforming team members in a sales team? (advanced)
  • Describe a time when you had to meet challenging sales targets. How did you achieve them? (advanced)

Closing Remark

As you explore opportunities in the bancassurance sales job market in India, remember to showcase your sales skills, industry knowledge, and passion for helping customers secure their financial future. Prepare well for interviews, highlight your achievements, and apply with confidence. Good luck in your job search!

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