Relationship Officer- Bancassurance Channel

2 days ago

Ernakulam HO Kochi Kerala, India Factorhuman Resources Pvt Ltd Full time ₹ 3,84,000 - ₹ 7,68,000 per year

Job description:

Job Title: Relationship Officer (Bancassurance)

Locations: Thrissur, Kottayam, Ernakulam

Key Responsibilities:

· Relationship Management:

· Build and maintain relationships with bank branch staff, branch managers, and other key stakeholders to enhance the insurance sales process.

· Ensure that the banking partner's staff are well-informed about the life insurance products and services offered, fostering a strong, cooperative relationship.

· Provide regular support, product training, and guidance to bank employees on insurance offerings.

· Sales Support:

· Support sales targets by driving the promotion of life insurance products through the bank's customer base.

· Ensure effective cross-selling of life insurance products, including term life, endowment policies, ULIPs (Unit-Linked Insurance Plans), etc., through various bancassurance channels.

· Identify opportunities to increase insurance penetration by conducting regular visits to bank branches, ensuring that sales goals are met.

· Training and Development:

· Conduct training sessions for bank staff to ensure they are equipped to recommend and sell life insurance products.

· Keep the staff updated on new products, changes in policies, and market trends.

· Customer Acquisition and Retention:

· Target new customers by coordinating with the bank's relationship managers and sales teams.

· Assist in customer retention by ensuring excellent post-sales service, addressing queries, and resolving complaints effectively.

· Track and manage customer leads through CRM tools to ensure timely follow-ups.

· Product Knowledge and Strategy:

· Have an in-depth understanding of the company's life insurance products to help address customer queries and recommend appropriate solutions.

· Work closely with the bank to execute promotional campaigns, meetings, and events to drive product visibility.

· Compliance and Reporting:

· Ensure adherence to all regulatory requirements and company policies during all stages of the sales process.

· Maintain detailed records of client interactions, sales activities, and lead management.

· Provide regular reports on performance, customer feedback, and market conditions to the senior management.

· Customer Relationship Management:

· Maintain a high standard of customer service, ensuring timely follow-ups and resolution of issues.

· Build a rapport with existing clients to encourage repeat business and referrals.

· Collaboration with Internal Teams:

· Work closely with the underwriting, claims, and operations teams to ensure smooth service delivery for bancassurance clients.

· Collaborate with the bank's managers and sales teams to understand customer needs and propose suitable solutions.

Skills and Qualifications:

· Educational Qualification:

· A Bachelor's degree in business, finance, marketing, or related fields is usually required. A Master's degree in business (MBA) or related fields is often preferred.

· Experience:

· 1–2 years of experience in sales, relationship management, or bancassurance roles, preferably in the life insurance or banking sectors.

· Experience in financial services or insurance products would be an advantage.

· Key Skills:

· Strong communication and interpersonal skills to build relationships with banking staff and customers.

· Deep knowledge of life insurance products and industry trends.

· Excellent salesmanship and the ability to meet sales targets.

· Problem-solving skills to address client concerns and issues.

Job Type: Full-time

Pay: ₹25, ₹32,000.00 per month

  • Bancassurance Officer

    2 days ago

    Ernakulam, India HRQ Full time

    Job Role - Bancassurance officer Location - Kochi Experience - Minimum one year Age limit - 40yrs Notice period - 30days Responsibilities - Overall responsibility of driving business in assigned bank mapped branches. Manage & maintaining extremely good relationships with the managers of the bank partner. Single point of contact for queries from bank...

  • Bancassurance Officer

    1 week ago

    Kochi, India Tata AIA Life Full time

    **Position Title**:Bancassurance Officer Department HDFC Bank -Branch Banking **Level/ Band**:Executive **Role Summary**:Provide support in Sales of Life Insurance business through bank customers at bank branches across assigned locations **B Organizational Relationships**:Reports To Territory Sales Manager **Supervises**:NA **C Job...

  • Regional Incharge- Bancassurance

    2 weeks ago

    Ernakulam, India Owen Mitten Private Limited Full time

    **Team Leader (Regional Incharge - Bancassurance handling south for IDFC Relationship based at Bangalore)** **Purpose of this role**:Development of Banca partners, servicing existing bank tie-ups & develop business through them at a regional level. **Main Responsibility** 1 Understand the key priorities and plans for the organization, & develop...

  • Rm- Bancassurance

    13 hours ago

    Ernakulam, India Skywings Advisors Full time

    From 1 to 5 year(s) of experience - ₹ Not Disclosed by Recruiter - Ernakulam, Hassan, Chalakudy, Kollam/Quilon, Hyderabad/Secunderabad, Palghat/Palakkad, Thrissur/Trichur, Kunnam, Trivandrum/Thiruvananthapuram**Roles and Responsibilities** HR/ JD/ Ver1.0/1st Feb 2020 - Internal- Basic Information Position Title - Relationship Manager / Senior RM/ Executive...

  • Relationship Officer

    13 hours ago

    Kochi, Kerala, India Factorhuman Resources Pvt Ltd Full time

    **Job description** **Job Title**: Relationship Officer **Location**: All kerala **Key Responsibilities**: - **Relationship Management**: - **Build and maintain relationships** with bank branch staff, branch managers, and other key stakeholders to enhance the insurance sales process. - Ensure that the banking partner’s staff are well-informed about...

  • Bancassurance - Star Union Dai Ichi Life Insurance -Union Bank Channel

    2 weeks ago

    Cochin, Kochi, Thiruvananthapuram, Trivandrum, India Bookmark Consultancy Services Full time ₹ 5,00,000 - ₹ 12,00,000 per year

    Relationship Manager with Star Union Dai Ichi Life Insurance Company - Bancassurance Channel - Union Bank & Bank of India CTC : LakhsHandle 2 to 3 bank branches , convert bank leads into sales .Relationship ManagementCross Selling Required Candidate profileLooking graduates with minimum 1 year of sales exp in Insurance / banking / financial...

  • relationship manager

    3 weeks ago

    tirur kerala, India Randstad Full time

    The primary purpose of the Relationship Manager in the Bancassurance role at Shriram Life Insurance Company is to support the growth and development of the company's bancassurance channel. This role involves building and nurturing strong relationships with SFL Ecosystem partner, assisting in achieving sales targets, and ensuring a seamless customer...

  • Bancassurance Officer

    2 weeks ago

    Bengaluru, Chennai, Kochi, India Tekpillar Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    We are hiring a proactive Bancassurance Officer to drive business growth through partner bank branches. The role involves building strong branch relationships, training staff, and achieving sales targets while ensuring excellent customer engagement.Key Responsibilities:Drive sales through assigned bank branches.Build & maintain strong relationships with...

  • Urgent Hiring for Excecutive Relationship Officer

    2 weeks ago

    Ernakulam, India Skywings Advisors Private Limited Full time

    Work closely & jointly with Bancassurance channel partner to achieve Targets.Support channel partner in delivering higher levels of productivity and facilitate the process of Submission to Issuance within mutually agreed timelines. Effectively manage channel partner expectations & improve the quality of Relationship Management to build a mutually benefiting...

  • Urgent Hiring For Relationship Manager|Bancassurance Federal Bank||KTM

    2 weeks ago

    Ernakulam, Kochi, Muvattupuzha, India Ageas Federal Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Hi,Greetings form Ageas Federal Life InsuranceJob title :- Relationship Manager - Bancassurance.Location:-Kottayam, Pala, Idukki, Pathanamthitta, ThiruvallaJob Description:- Managing the life insurance sales through assigned Bank branches. Coordinating between Bank and company from lead generation to policy conversion. Deal with walking customers sale them...