Relationship officer(Life insurance -banca channel)

0 - 3 years

0 - 3 Lacs

Posted:3 weeks ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Title:

RO/SRO/ERO/SM

Department

Sales Canara Retail

Location:

Pan India

Career level

7/8

Date Posted:

Position Type:

Full-Time

HR Contact:

About Us:

Established in 2008, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (51 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (26 per cent). Punjab National Bank is also a shareholder of the Company, holding 23 per cent as an investor. One of the major bancassurance conglomerate with its head office at Gurugram, Haryana and more than 100 branch offices pan India, brings together the trust and market knowledge of public and private banks. For more than 15 years now, the Company sells and services customers though multi-channels and well diversified network of Canara Bank and HSBC, located in Tier 1, 2 and 3 cities of the country.

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**All policies are subject to change from time to time. Company reserves the rights to withdraw any benefits given to from time to time

Note:

Candidates with stability in CV are preferred choice for selection.

Please note candidate should clearly mentioned sourcing vendor name on top of their C.V and confirm position and channel applied without these details source will not be considered.

Also be noted that Hiring Partners should send position wise tracker along with CV's with hiring managers daily by end of the day & One consolidated tracker with C.V's to H.R SPOCs

One day in advance hiring partner should send tracker of confirmed walk-in expected candidates details.

CTC Revised Range-As per City & Profile-Valid for Limited Time (One Time Exception) Exception Case Max Hike would be 25 %

Work closely & jointly with Banc assurance channel partner to ensure CHL achieves its business aspiration in line with the AOP Targets (New & Customer Retention) as stated in individual objective setting sheets. Support channel partner in delivering higher levels of productivity and facilitate the process of Submission to Issuance within mutually agreed timelines. Protect customer & CHL interests by ensuring processes/systems in-use; comply with regulatory & internal guidelines. Effectively manage channel partner expectations & improve the quality of Relationship Management to build a mutually benefiting model. Key responsibilities of the job holder are: Business Development | Execution Implementation of Sales & Customer Retention Strategies | Relationship Management. The said role requires the Job Holder to balance Customer Servicing activity along with Sales Acquisition, while ensuring the necessary growth as per AOP coupled with Highest Persistency.

Principal Accountabilities:Key activities and Decision-Making areas:

To Achieve channel wise targets (New & Customer Retention)

To Achieve desired Branch & LBS Activation targets.

To Create a healthy Product Mix with traditional >50%

To Create a healthy pool of lead generators across branches

Typical Target and Measures:

Achieve new business premium as per AOP targets rolled out by SSBD and defined SFM

Achieve Traditional Product Mix target

Achieve Customer Retention targets for the portfolio

Achieve targets as prescribed for Branch/LBS activation for bank

Ensure timely PFR reporting and NIL PIR pending

Ensure Customer Complaints <=1% of book

Achieve defined metrics as per Sales Force Management process/guidelines

Customers/Stakeholders:

Provide support to BM/LBS at the ground level. Make joint Field calls and motivate them to achieve targets.

Provide support and training for timely Submission, Pendency, and Issuance management.

Conceptualize and implement local business development initiatives for lead generation and focused sales.

Provide key inputs on business health to Branch Heads and agree on tactical initiatives to increase lead generators & their contribution

Qualifications and Education Requirements

CTC

As discussed

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