Hiring For Relationship Manager

Firon Consulting Bangalore

1 - 5 years

2 - 4 Lacs

hosur chennai coimbatore

Posted:1 week ago| Platform:

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Skills Required

life insurance sales bancassurance

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities

Leverage the bank's vast customer base to cross-sell insurance products effectively, creating a win-win for the bank, insurer, and customer.
A Bancassurance Relationship Manager (RM) drives insurance sales through bank branches by building strong ties with bank staff, training them on products, identifying customer needs, and selling suitable life/general insurance solutions to meet targets, while ensuring compliance and handling service issues, essentially bridging the gap between banks and insurers for mutual growth.
Key Responsibilities:

Sales & Target Achievement: Drive insurance business (premium/policies) through assigned bank branches, meeting monthly/quarterly targets.
Relationship Building: Cultivate strong relationships with bank branch managers, staff, and other stakeholders.
Training & Motivation: Conduct product training, awareness sessions, and motivate bank employees to promote insurance.
Customer Engagement: Identify customer financial needs, pitch solutions, conduct joint sales calls, and manage leads.
Operations & Compliance: Ensure proper documentation, policy issuance, and adherence to regulatory (e.g., IRDAI) guidelines.
Reporting & Strategy: Monitor sales performance, update CRM, and provide reports; implement strategies for growth.
Grievance Handling: Address customer and bank staff queries/complaints

Preferred candidate profile

Candidate with min 1 yrs in Life insurance sales

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