Regional Bancassurance Specialist
4 weeks ago
Business Function
As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business – they were made just right for you.
Job Purpose
- A person in this role will ensure awareness of and adherence to processes, policies and codes of conduct laid down for CBG frontline staff. He/she will also be responsible for continuously identifying new areas of focus requiring creation of controls/processes absent or inadequate, process strengthening and additional monitoring. This person’s work will be used for monitoring health (compliance to regulatory and bank standards) and preparing for future risk perceived areas.
Key Accountabilities, KPIs and Job Responsibilities
- Ensure achievement of Premium Volumes and Revenue objectives of the VRM Channel.
- Ensure IRDAI composite certification of new joiners and existing team members and timely renewal of the same.
- Impart effective training on Specified Person code of conduct, launch / refresher training on insurance products, AML / ULIP certification trainings and keep the record of attendance to comply with internal and regulatory guidelines.
- Ensure implementation of insurance sales process and the investment profile suitability of clients to the products purchased.
- Ensure persistency of insurance products through coordination with Central Product team and insurer partners to ensure timely renewals of policies.
- Provide feedback from market and customers to Central Bancassurance Product team for continuous improvement / ideation for new product and processes.
- Ensure timely dissemination of knowledge on products, market updates and fund fact sheets amongst Branch front line team members and Unit Heads.
- Track the input activities of team members through client book analysis to ensure activation on insurance and align the activities to the desired premium volumes and revenue objectives.
- Ensure customer-centricity at all times, adherence to fair dealing norms and compliance to IRDAI 2015 Corporate Agency guidelines at VRM Unit.
- Ensure adequacy of product brochures, addendums and proposal forms at Branches and check for replenishment of sales kit of RMs
- Ensure complaint resolution within the approved TAT through coordination with Central Bancassurance product team and insurer partners.
Experience
- Demonstrated track record in FLOD, managing regulatory and operational risk along with process adherence
- Exposure to monitoring of sales processes & regulatory compliance will be highly advantageous
- Intensive knowledge of Indian banking and regulatory guidelines
- Equipped with knowledge of sales & client interface best practices/industry developments
- Minimum 12+ years experience in banking, first line of defence (FLOD), continuous audits and process controls
- Experience of multi-tasking, managing multiple stakeholders and independently having senior level interactions
- Prior exposure to process writing, controls and governance.
Education/Preferred Qualification
- Bachelor’s degree from a recognized university
- Post graduate qualifications are desirable but not necessary if suitably compensated by top notch exposure to above listed experience
- Professional qualifications or certifications on process adherence, audits, etc. are desirable but not mandatory
Core Competencies
- Competencies, traits & desired levels of proficiency:
- Self driven – HIGHLY ADVANCED
- Planning & organising – HIGHLY ADVANCED
- Ownership of result – HIGHLY ADVANCED
- Problem solving – ADVANCED
- Assertiveness, influencing & negotiation skills – HIGHLY ADVANCED
- Multi-tasking in high complexity & time critical situations – ADVANCED
- Teamwork & collaboration – ADVANCED
- Change / innovation orientation – ADVANCED
- Communication, including senior stakeholders management – ADVANCED
- Vendor management – MODERATE
- Business Focus – MODERATE
- Customer Focus – MODERATE
- Developing & Coaching – MODERATE
- Leadership – BASIC
-
Regional Bancassurance Solutions Manager
1 week ago
Mumbai, Maharashtra, India DBS Bank Full timeJoin DBS Bank as a Regional Bancassurance Specialist and drive business growth in Asia.About the RoleWe are seeking an experienced professional to ensure awareness of and adherence to processes, policies, and codes of conduct for our consumer banking group frontline staff. This role requires strong leadership skills to continuously identify new areas of...
-
Regional Bancassurance Specialist
4 weeks ago
Mumbai, India DBS Bank Full timeBusiness FunctionAs the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
Senior Bancassurance Training Specialist
4 weeks ago
Mumbai, Maharashtra, India Max Life Insurance Full timeJob SummaryWe are seeking a skilled and experienced Bancassurance Training Specialist to join our team at Max Life Insurance. This is a fantastic opportunity for a motivated professional to leverage their expertise in sales training and insurance industry knowledge to drive business growth.
-
Regional Bancassurance Specialist
4 weeks ago
mumbai, India DBS Bank Full timeBusiness Function As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
National Bancassurance Leader
20 hours ago
Mumbai, Maharashtra, India Grok Search Full timeGrok Search is seeking a National Bancassurance Leader to join our team. The estimated salary for this role is ₹35 lakhs per annum.This senior leadership position requires 8-10 years of experience in banca, preferably in life insurance. The ideal candidate will have experience handling a regional or pan-India alliance for bancassurance, as well as team...
-
Regional Bancassurance Specialist
4 weeks ago
mumbai, India DBS Bank Full timeBusiness FunctionAs the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
Treasures Bancassurance Specialist
3 weeks ago
Mumbai, Maharashtra, India DBS Bank Full timeAbout the RoleWe are seeking an experienced Insurance Counselor to join our team in Mumbai, India. As a Senior Associate, Treasures Bancassurance Specialist, you will be responsible for driving insurance growth and sales within our Consumer Banking Group.Job DescriptionMain Responsibilities:Drive monthly and annual Banca sales targets, focusing on new...
-
Regional Bancassurance Specialist
4 weeks ago
Mumbai, India DBS Bank Full timeBusiness FunctionAs the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
Regional Bancassurance Expert
3 weeks ago
Mumbai, Maharashtra, India DBS Bank Full timeJob OverviewDBS Bank is seeking a skilled Regional Bancassurance Expert to join its Consumer Banking Group. This role involves ensuring compliance with regulatory and bank standards, identifying areas for process improvement, and implementing effective training programs.ResponsibilitiesManage Premium Volumes and Revenue objectives of the VRM...
-
Regional Bancassurance Strategist
3 weeks ago
Mumbai, Maharashtra, India DBS Bank Full timeJob DescriptionThe Senior Insurance Solutions Manager is responsible for ensuring awareness and adherence to processes, policies, and codes of conduct for frontline staff in the Consumer Banking Group. This role involves continuously identifying new areas of focus requiring creation of controls/processes absent or inadequate, process strengthening, and...
-
Mumbai, Maharashtra, India DBS Bank Full timeCompany Overview:DBS Bank, as the leading bank in Asia, is committed to helping its customers achieve their financial goals and aspirations. With a comprehensive range of products and services, including deposits, investments, insurance, mortgages, credit cards, and personal loans, DBS empowers its customers to take control of their finances.Job Summary:We...
-
Max Life Bancassurance Sales Specialist
3 weeks ago
Mumbai, Maharashtra, India Max Life Insurance Full timeCompany OverviewMax Life Insurance is a leading insurance provider, dedicated to delivering exceptional financial solutions to its customers. Our commitment to innovation and customer satisfaction has earned us a reputation as a trusted partner in the industry.Salary: The estimated salary for this position ranges from ₹18,00,000 to ₹25,00,000 per annum,...
-
Mumbai, India DBS Bank Full timeBusiness FunctionAs the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
mumbai, India DBS Bank Full timeBusiness Function As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
mumbai, India DBS Bank Full timeBusiness FunctionAs the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
mumbai, India DBS Bank Full timeBusiness Function As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our...
-
Training and Quality Assurance Specialist
4 weeks ago
Mumbai, Maharashtra, India Max Life Insurance Full timeAbout the Role:We are seeking a highly motivated and experienced Training and Quality Assurance Specialist to join our team. As a key member of our bancassurance training department, you will be responsible for developing and delivering high-quality training programs to ensure that our sales teams have the necessary skills and knowledge to meet their...
-
Vice President/Senior Vice President
4 weeks ago
Mumbai, India Grok Search Full timeVP/ SVP- National Head- Private Bank for life Leading life To handle a pan India alliance for Bancassurance.1. To manage the assigned Bancassurance partner relationship to achieve business objectives by aligning various functional teams internally and externally across the bank to emerge as the No. 1 player in an Open Architecture scenario. 2. Ensure: Team...
-
Regional Liability Insurance Specialist
1 day ago
Mumbai, Maharashtra, India Bajaj Allianz General Insurance Company Ltd. Full timeJob Description:We are seeking an experienced Regional Liability Insurance Specialist to join our team. The successful candidate will be responsible for driving premium growth, renewal retention, and new business acquisition for the region.Key Responsibilities:Develop profitable relationships with broking houses and IMDsNegotiate terms and conditions for...
-
Vaccination Specialist
3 weeks ago
Mumbai, Maharashtra, India Abbott Full timeJob OverviewAbbott is a global healthcare leader dedicated to helping people live more fully at all stages of life.Sales PerformanceWe seek a skilled Vaccination Specialist to join our team in the PCMC region. Key responsibilities include:Achieve monthly, quarterly, and yearly sales targets by promoting Abbott's products ethically to customers, ensuring...
