Bancassurance Job Vacancies in Gorakhpur

Key Accountabilities 1. Sales: Accept leads generated from in-branch lead generators as well as warm leads provided by the bank from the database as well as generate own leads. Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from the companys product range, gain customer agreement to purchase, accurately complete sales documentation.2. Incentive programs: Cascade the incentive programs & ensure complete success in implementation of the same3. Sales completion process: Responsible for sales completion by facilitating completion of medical reports & ensuring prompt issue of policy document4. Cross Sell/ Up-Sell: Build a good customer base in order to explore opportunities to cross-sell & up-sell, Obtain referral to further prospects where appropriate.5. Relationship Building: Build long term relationship with the bank staff & clients by responding appropriately to all bank/client queries either directly received or forwarded by the service company. 6. Customer Relationship Management: Arrange meetings of banks branch managers & staff with existing clients at least once a year, acknowledging birthdays & anniversaries to review their financial circumstances & life insurance needs as well as to obtain referrals to further prospects.7. After Sales Service: Accept & follow up on suggestions, request & complaints received from clients, ensure claim requests are serviced8. Performance review: Proactively ensure performance review by submitting various sales reports as per agreed frequencies in order to ensure performance targets are achieved & exceeded, ensure meetings with manager to agree on targets & to review performance. 9. Supporting colleagues & bank sales team: Support other Relationship Managers and the bank sales team requested by the sales manager by coaching them in company knowledge, accompanying them on client visits.

Dear Candidate ,We are hiring for Bancassurance Channel.Profile - Business development managerJob description: - Sales: Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from company's product range, gain customer agreement to purchase, accurately complete sales documentation.customers and getting leads from bank Employees.Converting those leads Based on customer.Requirements Doing joint calls with bank employeeLeads provided by the bank from the database.CTC 3.25 to 4.25Lpa + Incentive; onroll jobRegardsJyoti Verma

Designation-Business Development Manager(Bancassurance)Bancassurance Sales Management:Drive the sales of insurance products through the banks branches and digital platforms.Set and achieve sales targets in collaboration with bank branches and internal teams.Work closely with bank partners to promote insurance offerings and ensure smooth sales operations.Relationship Building:Build and maintain strong relationships with key stakeholders in the bank, including branch managers, relationship managers, and sales staff.Provide ongoing training and support to bank staff, helping them effectively cross-sell and up-sell insurance products to customers.Act as the key liaison between the insurance company and the bank to ensure alignment on business goals and customer satisfaction.Product Training & Support:Conduct regular training sessions for bank staff to ensure they are well-versed in insurance products, policies, and sales techniques.Develop and deliver materials and presentations to improve the banks understanding of insurance offerings and sales strategies.Sales Strategy & Execution:Develop and implement sales strategies for bancassurance distribution channels to meet or exceed sales targets.Monitor and analyze sales performance, identifying areas of improvement and implementing corrective actions.Compliance & Regulatory Adherence:Ensure that all bancassurance activities comply with regulatory standards and company policies.Keep up-to-date with industry regulations and ensure the banks staff is well-informed about compliance requirements.Market Research & Reporting:Monitor market trends, customer needs, and competitor offerings to identify new opportunities for bancassurance growth.Provide regular reports on sales performance, training activities, and market trends to senior management.