Bancassurance Manager

Job Summary

The Bancassurance Manager plays a crucial role in expanding insurance sales through bank branches by fostering robust relationships with bank employees and customers, effectively generating prospective client leads, and meeting set sales goals.

Key Duties and Responsibilities

• Identify and generate insurance leads from the designated bank branches.
• Establish and nurture strong connections with Branch Managers, Relationship Managers, and other bank personnel.
• Meet with customers to assess their insurance needs and recommend appropriate Life and General Insurance products.
• Consistently achieve monthly sales and premium targets.
• Follow through on prospective leads and convert them into active insurance policies.
• Conduct presentations on products and organize customer awareness campaigns.
• Collaborate regularly with bank staff to stimulate lead generation and growth of business.
• Ensure all documentation complies with organizational standards and regulatory requirements.
• Maintain precise sales records and provide daily updates on activities.
• Deliver excellent post-sale support, sustaining high customer satisfaction levels.

Candidate Profile and Requirements

• Graduation in any discipline is mandatory.
• Between one and four years of experience in Bancassurance, Life or General Insurance sales, Banking Sales, or BFSI sector sales.
• Preference for individuals with branch banking or insurance sales background.
• Excellent communication skills and ability to build strong relationships.
• Target-driven mindset comfortable with frequent customer and field interactions.
• Good understanding of the local market and customer demographics.