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Bancassurance Sales Officer

Bancassurance Sales Officer

ti Steps

1 - 3 years

3 - 5 Lacs

hyderabad chennai bengaluru

Posted:2 weeks ago| Platform:

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Skills Required

team handling bancassurance sales events management key account management b2b sales broking relationship management direct sales bancassurance corporate sales

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Summary:

Bancassurance Sales Officer

Key Responsibilities:

Sales & Lead Generation

Promote and sell various insurance products (life, health, motor, and general insurance) to bank customers.
Generate and follow up on leads within the banks customer base and through referrals.
Conduct product presentations and educate customers about insurance benefits and features.

Customer Engagement & Relationship Management

Identify customer needs and recommend suitable insurance solutions.
Build and maintain strong relationships with bank staff and customers.
Provide excellent customer service and address queries or concerns promptly.

Collaboration & Coordination

Work closely with bank branch staff to maximize cross-selling opportunities.
Coordinate with the banks operations and compliance teams to ensure smooth policy issuance.
Participate in marketing campaigns and promotional activities at bank branches.

Documentation & Compliance

Assist customers with filling out insurance application forms and collecting necessary documents.
Ensure adherence to regulatory guidelines (e.g., IRDAI norms) and company policies.
Maintain accurate records of sales and customer data in CRM systems.

Performance & Reporting

Achieve assigned sales targets and contribute to the overall bancassurance business growth.
Prepare regular reports on sales activities, leads, and conversion rates.
Provide market feedback and customer insights to the management.

Key Skills:

Strong sales and negotiation skills
Excellent communication and interpersonal abilities
Customer-centric mindset with problem-solving skills
Knowledge of insurance products and bancassurance processes
Ability to work collaboratively with bank staff and cross-functional teams
Familiarity with CRM tools and MS Office applications

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