01Overview
- A Bancassurance Sales Manager drives insurance product sales through banking partner networks by managing partner relationships, hitting revenue targets, and training bank staff.
- Role OverviewBancassurance involves selling insurance policies life insurance through a partner banks branch network.
- As a Sales Manager, you act as the bridge between the insurance company and the partner bank.
Key Responsibilities
- Relationship Management: Build robust, daily working bonds with bank branch managers, tellers, and relationship officers to promote insurance offerings.
- Sales Target Achievement: Drive cross-selling and up-selling of insurance policies to the banks existing and walk-in customer base to meet monthly and annual business goals.
- Staff Training: Train bank employees on insurance products, sales pitches, and regulatory guidelines so they can confidently recommend policies.
- Lead Conversion: Assist bank staff in closing high-value sales, conducting joint client meetings, and processing customer leads efficiently.
- Operations and Service Support: Coordinate with internal operations teams to ensure smooth policy issuance, renewals, and claims registration for bank clients.
Requirements and Qualifications
- Education: A bachelor''s degree in any discipline (an MBA in marketing or finance is often preferred).Experience: 1 to 6 years of proven experience in Life Insurance) sales, specifically in bancassurance or life insurance.
- Skills: Strong communication, negotiation, interpersonal abilities, and comfort working toward strict sales metrics.
Location: Ludhiana,Jalandhar,Amritsar,Gurdaspur,Bathinda,Mohali,Chandigarh,Sirsa,Karnal .
