Bancassurance Manager

3 days ago

Mumbai, India Acme Services Full time

Job Description Key Responsibilities: - Sales Management: - Develop and implement sales strategies to achieve bancassurance targets. - Monitor and drive performance of sales staff in assigned bank branches. - Identify new opportunities to increase insurance penetration in the bank. - Relationship Management: - Build and maintain strong working relationships with bank leadership and branch staff. - Act as a liaison between the insurance company and the bank to ensure alignment of goals. - Training and Development: - Conduct regular training sessions for bank staff on insurance products and sales techniques. - Ensure continuous learning and updates on new insurance products and regulations. - Compliance & Process Management: - Ensure adherence to regulatory guidelines and company policies. - Monitor and improve the operational efficiency of the bancassurance channel. - Reporting & Analysis: - Prepare regular performance reports and present to senior management. - Analyze sales trends and customer behavior to improve product offerings and strategies. Key Requirements: - Education: Bachelor's degree in Business Administration, Finance, Marketing, or a related field. MBA is a plus. - Experience: Minimum 46 years of experience in bancassurance, insurance sales, or financial services, with at least 2 years in a managerial role. - Skills: - Strong sales and negotiation skills - Excellent interpersonal and communication abilities - Leadership and team management - Analytical and problem-solving mindset - Good understanding of insurance products and banking operations

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