01Overview
Channel: Bancassurance (BOI & UBI) Industry: Life InsuranceJob PurposeTo drive life insurance business through assigned bank branches by building solid relationships with bank staff, sourcing quality leads, and converting them into life insurance policies while ensuring excellent customer service and compliance.Key Responsibilities
Generate life insurance business through assigned bank branches by engaging with bank staff and customers.
Build and maintain strong working relationships with Branch Managers, Relationship Officers, and Tellers.
Conduct joint customer calls with bank staff to identify insurance needs and provide suitable life insurance solutions.
Achieve monthly, quarterly, and annual sales targets for premium, policies, and activations.
Conduct product training and sales activation programs for bank employees to improve referral quality.
Ensure end-to-end sales support, including proposal filling, documentation, medical coordination, and policy issuance.
Maintain high standards of customer service, ensuring timely follow-ups and post-sales support.
Adhere strictly to IRDAI guidelines, company policies, and compliance requirements.
Maintain accurate MIS reports, sales trackers, and pipeline updates.
Participate in branch meetings, sales reviews, and performance discussions.
Key Skills & Competencies
Strong sales and persuasion skills
Positive communication and interpersonal abilities
Relationship management and stakeholder coordination
Customer-centric approach
Basic understanding of life insurance products
Target-driven and result-oriented mindset
Eligibility Criteria
Education: Graduate in any discipline (MBA/PGDM in Marketing preferred)
Experience:
15 years of experience in Life Insurance Sales / Bancassurance / CASA / Financial Products
Freshers with strong sales aptitude may be considered for junior roles
Age: As per company norms
Preferred Background
Experience in Bancassurance, Agency, or Direct Sales from Life Insurance companies
Exposure to bank-based selling setting
Knowledge of ULIP, Term, Savings, and Protection products .
