Sales Development Manager - Bangalore

Role & responsibilities

A Bancassurance Sales Officer is responsible for selling insurance products through a bank's network of branches. They act as a bridge between the bank and the insurance company, helping customers find suitable insurance solutions.

Key Responsibilities:

• Sales and Promotion:

• Identifying and approaching potential customers within the bank's customer base.
• Explaining insurance products and their benefits to customers.

• Relationship Management:

• Building and maintaining strong relationships with bank employees to foster collaboration and generate referrals.
• Providing excellent customer service and after-sales support.

• Product Knowledge:

• Possessing in-depth knowledge of various insurance products, including life, health, and general insurance.
• Understanding the insurance application and underwriting process.

• Compliance:

• Ensuring compliance with all relevant insurance regulations and company policies.

• Reporting and Analysis:

• Maintaining accurate records of sales activities and customer interactions.
• Preparing regular sales reports and analyzing performance data.

• Business Development:

• Identifying new business opportunities and contributing to the overall growth of the bancassurance channel.
• Providing feedback on product and marketing strategies to improve sales.

• Skills and Qualifications

  :

• Sales and Marketing Skills:

  Proven ability to meet sales targets and build strong customer relationships.

• Communication and Interpersonal Skills:

  Excellent communication and interpersonal skills to effectively explain complex information and build rapport.

• Product Knowledge:

  Strong understanding of insurance products and the insurance industry.

• Banking Knowledge:

  Some understanding of banking operations and procedures can be beneficial.

• Problem-Solving and Negotiation Skills:

  Ability to address customer queries and negotiate effectively.

• Qualifications:

  Typically requires a bachelor's degree in finance, business administration, or a related field.

• Experience:

  Relevant experience in sales, particularly in the insurance or banking sector, is often required.

Preferred candidate profile