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Relationship Officer Sr Relationship Officer

3 months ago

guwahati, India The BIG Advantage Full time
This vacancy is for leading Life InsuranceCompany supported by Indias biggest PSU bank. This will be forBancaChannel.
Responsibilities
  • BancassuranceSales Strategy: Develop and implement a comprehensive salesstrategy for the Bancassurance channel in alignment with thecompanys overall sales objectives
  • Set ambitioussales targets and develop plans to achievethem
  • Relationship Management: Build andmaintain strong relationships with partner banks including keydecisionmakers and stakeholders
  • Collaboratewith bank representatives to understand their business goalscustomer needs and market dynamics
  • Work closelywith the banks sales teams to train motivate and support them inpromoting insurance products to theircustomers
  • Monitor market trends competitoractivities and customer preferences to identify sales opportunitiesand adapt sales strategiesaccordingly
  • Collaborate with the marketing teamto develop and implement promotional campaigns and sales supportmaterials
  • Product Knowledge and Training: Stayupdated on insurance products industry trends and regulatoryrequirements
  • Provide training and productknowledge sessions to bank employees to enhance their understandingof insurance offerings and enable effectivecrossselling
  • Sales Performance Analysis:Analyze sales data performance metrics and key performanceindicators (KPIs) to evaluate the effectiveness of sales strategiesand activities
  • Identify areas of improvementand implement corrective actions to achieve salestargets
  • Compliance and Risk Management: Ensurecompliance with regulatory requirements internal policies andindustry standards
  • Stay updated on insurancelaws and regulations affecting the Bancassurancechannel
  • Implement effective risk managementpractices to mitigate operational and compliance risks associatedwith sales activities
  • Relationship withInsurance Providers: Foster strong relationships with insuranceproviders andunderwriter

Qualifications UG: AnyGraduatePG: AnyPostgraduate

sales,insurance,bancassurance,compliance,productknowledge,regulatory requirements,salesstrategy