Relationship Officer- Bancassurance Channel

3 days ago

Thrissur R S Thrissur Kerala, India Factorhuman Resources Pvt Ltd Full time ₹ 30,00,000 - ₹ 39,60,000 per year

Job description:

Pay: ₹25, ₹32,000.00 per month

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

Job Type: Full-time

Pay: ₹25, ₹33,000.00 per month

  • Relationship Officer- Bancassurance Channel

    2 weeks ago

    Ernakulam H.O, 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, ErnakulamKey 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...

  • Associate Sales Manager

    3 weeks ago

    Thrissur, Kerala, India Max Life Insurance Full time

    Job Code Position Associate Sales Manager - Bancassurance Reporting To Department Axis Function Axis Sales Location Band 5A We Stand for Caring An imperative value that emphasises on individuals who are extremely compassionate and demonstrate respect for people It is about being proactive to offer guidance and help to fellow colleagues Being open to new...

  • Relationship Officer

    1 week ago

    Thrissur, Kerala, India Factorhuman Resources Pvt Ltd Full time

    **Job Summary**: This role combines banking and insurance expertise to offer insurance products and services to bank customers. Insurance Officers working in Bancassurance are responsible for selling insurance policies, assisting clients with claims, and ensuring compliance with regulations. They work collaboratively with the bank's staff to provide...

  • Relationship Officer

    2 weeks ago

    Thrissur, Kerala, India Factorhuman Resources Pvt Ltd Full time

    **Job Summary**: This role combines banking and insurance expertise to offer insurance products and services to bank customers. Insurance Officers working in Bancassurance are responsible for selling insurance policies, assisting clients with claims, and ensuring compliance with regulations. They work collaboratively with the bank's staff to provide...

  • Relationship Manager

    11 hours ago

    Kottayam, Thrissur, Cochin / Kochi / Ernakulam, India Jobsnta Full time

    Job Description COMPANY :Ageas Federal Insurance CTC :upto 4lpa - Onboard, manage, and support bank partners for insurance sales. - Conduct field visits and meet bank staff to drive sales. - Achieve sales targets through bancassurance and direct field efforts. - Provide training and guidance to bank relationship teams. - Collaborate with marketing and...

  • Branch Relationship Officer

    1 week ago

    Thrissur, Kerala, India HRQUADRANT Full time ₹ 2,50,000 - ₹ 4,00,000 per year

    Relationship Officer – Banca Channel (Life Insurance)Location: Kochi, Thrissur,Salary: ₹25,000 – ₹40,000 (based on relevant experience)Employment Type: Full-time, On-rollJob Description:We are hiring Relationship Officers to work at partnered bank branches for a leading life insurance company.Your responsibilities will include:Engaging with walk-in...

  • Business Deveopment Officer

    2 weeks ago

    Thrissur R S, Thrissur, Kerala, India UGS Group of Companies Full time

    The Business Development Officer is responsible for identifying business growth opportunities, building key customer relationships, and maintaining an extensive knowledge of current market conditions. The goal is to drive sustainable financial growth by boosting sales and forging strong client relationships. **Job Types**: Full-time, Permanent Pay:...

  • Relationship Manager

    4 days ago

    Thrissur, Kerala, India Star Health Insurance Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role & responsibilitiesJob Summary:The Relationship Manager for Alternate Channel Sales will be responsible for building and managing relationships with partners in the alternate sales channels . This role requires a strategic thinker with strong interpersonal skills to drive business growth and achieve sales targets through non-traditional sales...

  • Assistant Manager

    4 days ago

    thrissur, India GramPro Business Services Pvt. Ltd. Full time

    Roles and Responsibilities :- Research and source potential clients and build long-term relationships with them through bancassurance model.Persuade prospective clients to engage in a phone conversation and/or meeting to discuss insurance products.Advise clients on the insurance policies that best suit their needs and requirements.Customize insurance...

  • Assistant Manager

    5 days ago

    Thrissur, India GramPro Business Services Pvt. Ltd. Full time

    Roles and Responsibilities :- Research and source potential clients and build long-term relationships with them through bancassurance model.Persuade prospective clients to engage in a phone conversation and/or meeting to discuss insurance products.Advise clients on the insurance policies that best suit their needs and requirements.Customize insurance...