Life Insurance Sales Professional

1 day ago

Delhi NCR Delhi, India beBeeBusiness Full time ₹ 1,04,000 - ₹ 1,30,878
Job Description

The Bancassurance Department plays a pivotal role in driving the distribution of life insurance products through strategic partnerships. This department leverages existing customer bases and infrastructure to offer insurance solutions.

The Bancassurance Department serves as a bridge between Axis Max Life Insurance Company and its partners, ensuring that insurance products are effectively marketed and sold to a wide customer base while maintaining high standards of customer service, compliance, and performance.

Key functions typically performed by the Bancassurance Department include:

  • Sales and Distribution Management
  • Customer Relationship Management
  • Compliance and Regulatory Oversight

Job Summary

This role involves establishing and strengthening relationships with branch managers and staff to generate leads. The incumbent will actively participate in branch activities, closing sales, and ensuring follow-up on issuance.

A key aspect of the role is to increase awareness among customers about life insurance solutions and achieve targeted penetration of cross-selling within the branch's customer base. The candidate will drive reward and recognition programs for bank staff and regularly train them on life insurance concepts and new product introductions.

Key Responsibilities

  • Establishing and strengthening relationships with branch managers and staff to gain leads from them.
  • Involvement in work site activities, including setting up stalls and making presentations in corporate environments.
  • Closing sales and following up on issuance.
  • Increasing awareness among customers about life insurance solutions and achieving targeted penetration of cross-selling within the branch's customer base.
  • Driving reward and recognition programs for bank staff.
  • Training bank staff regularly on life insurance concepts and new product introductions.

Key Skills Required

  • Effective communication skills
  • Strategic thinking
  • Product knowledge
  • Problem-solving skills
  • Time management
  • Customer relationship management
  • Deal-closing skills
  • Goal-oriented mindset
  • Customer-centric approach

Desired Qualifications and Experience

  • Graduate or postgraduate degree in any discipline
  • 2-4 years of experience in sales
  • Good communication skills in English and regional languages (preferred)
  • Age group 22-28 years
  • Preferably having own conveyance

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