Relationship Manager - Bancassurance
Ernakulam, Kerala, India · Full Time
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- Experience
- 1+ yrs
- Salary
- INR 200,000 – INR 550,000 / year
- Openings
- 1
- Posted
- 16 hours ago
- Work mode
- In office
- Education
- Any graduate or diploma
- Eligibility
- Any graduate or diploma holder with 3 years duration can apply. Candidates must be 35 years old or younger with relevant insurance or financial sales experience.
- Resume
- Required to apply
Where you'll work
Job description
About Ageas Federal Life Insurance
Ageas Federal Life Insurance Co Ltd is a significant joint venture between IDBI Bank, Federal Bank, and Ageas, a European multinational insurer. Established in 2008, it quickly became a leading new insurer, achieving Rs 100 Cr in premiums within five months. The company focuses on innovative life insurance products and services across a wide network of bank branches and advisors, with over 4.99 lakh policies issued and a sum assured exceeding Rs 28,580 Crore as of March 2013. It has been recognized with multiple awards acknowledging its customer-centric approach and marketing excellence.
Job Scope and Location
The position based in Ernakulam and nearby branches such as Aluva, Angamaly, and Muvattupuzha involves managing life insurance sales through designated bank branches, specifically partnering with Federal Bank. The role requires coordinating with both bank and company teams to convert leads into policies and catering to walk-in customers interested in life insurance.
Key Responsibilities
- Identify and generate leads from in-branch sources, bank customer databases, and walk-in clients.
- Engage customers by understanding their financial and insurance needs, recommend suitable products, and facilitate product purchase with accurate documentation.
- Develop a strong customer base to enable cross-selling and up-selling opportunities; seek referrals where applicable.
- Ensure sales process completion by managing medical reports and timely issuance of policy documentation.
- Strictly follow company sales procedures and submit required reports promptly.
Eligibility and Requirements
- Applicants should be up to 35 years old.
- Minimum one year experience in life insurance sales, cross-selling insurance, banking, or financial services sales is required.
- Educational qualification is a diploma or degree in any field with a duration of at least three years.
Compensation and Additional Information
Salary will be negotiated and is open for highly suitable candidates.
Interested candidates may reach out by phone or email to submit their CV.