Bancassurance/Life Insurance

1 - 3 years

5 - 8 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

India's leading private sector life insurance company is hiring Relationship Managers in multiple locations across Telangana to drive business through the bancassurance channel.

Key Responsibilities:

  • Leads will be provided from the assigned bank branches.
  • Direct selling of various financial and life insurance products to existing bank customers.
  • Explore customers financial needs in life-related investments and insurance, and recommend appropriate products.
  • Build and maintain strong customer relationships and promote business development.
  • Accurately complete sales documentation and ensure smooth policy issuance.
  • Acquire new customers by leveraging:
  • The bank's database
  • Walk-ins at the branch
  • Self-generated prospects
  • Facilitate completion of medical reports and ensure timely policy issuance.
  • Explore opportunities to develop new segments/markets in alignment with the company's growth strategy.
  • Support fellow Relationship Managers and bank sales staff through:
  • Product knowledge coaching
  • Sales process support
  • Joint customer visits
  • Demonstrating effective sales behavior

Required Candidate Profile:

  • Minimum 1 year of experience in insurance sales (any insurance channel).
  • Candidates from insurance and banking sectors preferred.
  • Insurance or BFSI experience is mandatory.
  • Graduation is compulsory.
  • Should have a good track record and stable career history.

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