Bancassurance Executive Graduate Experience Jobs in Bangalore

Key Responsibilities:Channel Development:Develop and nurture strong relationships with bank branch managers, relationship managers, and other key stakeholders.Collaborate with the bank to identify cross-selling opportunities for insurance products.Create and execute strategies to grow the banca channel business and expand market penetration.Achieve sales targets and ensure continuous revenue growth through the banca channel.Conduct regular training and product knowledge sessions for bank staff to ensure effective product promotion.Monitor and analyze sales performance, adjusting strategies to meet business goals.Manage key accounts and provide personalized service to bank clients looking to purchase insurance products.Act as the primary point of contact for high-net-worth customers (if applicable).Ensure that all customer queries and issues are handled in a timely and efficient manner.

Purpose of the Job: To plan and achieve business targets in the area of productivity, new premium, persistency, agent activation etc. Take responsibility for scanning the market for emerging opportunities. To devise and implement sales strategy to promote the productivity of the field force. To promote customer-centric culture among both staff and field force.Job Profile Key Responsibilities: Responsible for quality team development and playing an important role in expanding the market Building Distribution Network: Build a robust and profitable distribution network of Advisors & FLS. Productivity & Activation: To manage productivity and activation of the Advisors within the team. To promote productivity of the field force. Establish good working habits for the force, undertake productivity improvement drives, organize specialized training programs. Recruitment of Advisors to ensure growth and productivity. Responsible for increasing share of business by offering entire range of products by achieving Monthly, Quarterly and Annual target. Managing product mix, persistency, Lead Conversion% etc Managing accurate maintenance & updating database. Achieving goal sheet & contest achievement on weekly basis. Candidate should have a minimum of 1 year of experience in any Field / Banking / Insurance/- Direct channel (Life Insurance) experience preferable

The Bancassurance Officer will be responsible for driving sales of insurance products through bank channels. The role involves collaborating with bank staff to identify and develop potential customer opportunities, ensuring high conversion rates, and meeting sales targets.Key Responsibilities:Promote and sell insurance products (life, health, etc.) through bank branches.Provide product knowledge and training to bank staff.Build and maintain relationships with customers, understanding their financial needs.Achieve monthly and annual sales targets.Cross-sell insurance products to bank clients.Monitor and support the insurance process from application to policy issuance.Ensure compliance with regulatory requirements and internal policies.Interested candidates can share resume on ishita.yadav@skywingsadvisors.com or 9997994284

Li Training : provide Product Training to Newly Joined Advisors. Motivate & Support Advisors to Generate Sales. Provide Clarification to Queries and Handle Objections. Follow Up with Advisors. Make Advisors Active Every Month. Build Good Rapport with the Advisors.provide Product Training to Sales Managers and Sales Officers. Collect Prospect Data Sheets from Sales Managers to Track Sales Officers. Co-ordinate Team Meetings of Each Sales Manager and Set Goals. Support Sales Officers to Achieve Their Goals. Provide Clarification to Queries and Handle Objections. Follow Up with Insurance provide Awareness About the Importance of Insurance to the Customers Andgenerate Sales. After Sales Service.

Responsible for preparing and maintaining insurance policy records. Also handled the tasks of checking premium records on a regular basis Assisted Insurance sales team in achieving monthly sales target. Provided support to insurance sales financial department and handled additional duties and responsibilities as requiredLife insurance sales through assigned Bank Branches.Coordinating between Bank and company from Lead generation to policy conversion.Follow up with Operations of Banks.To build mutually beneficial relationships with Bank and help in acquisition of clients.Customer Requirement Gathering and Analysis for better product pitching.Handling Objections and grievances and providing them with timely solutions.Guiding / mentoring new team members with required deliverable and company values.Required Skills:Excellent communication skills.Should be sales driven.High level of energy.

Number of Customer meeting per day Delivery of Minimum business guarantee Creating Leads through campaigns /Cold calling Documentation, logins & Issuance tracking. Lead / Feedback / Referral Updating on LMS Meeting Business targets: Achievement of Business plan Customer servicing/ RenewalsJob Specification Should have good local Network Should have sound knowledge of Financial Industry Good communication: English/ Hindi /Regional Language Local Candidates are preferred