Bancassurance Job Vacancies in Gulbarga

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.

Manage a team of Sales Managers (SMs) on daily basis to meet or exceed business goals. Assist / Support SMs with activity management and review their performance on a weekly basis. Communicate deadlines and goals to team members. Allocate resources, Assign Business and supervise activities of SMs. Identify skill gaps and assist on joint calls with team members (SMs). Address team concerns and provide direction whenever needed. Ensure that all business operations are done in accordance with company standards. Resolve all customer issues and ensure to provide outstanding customer services. Conduct performance evaluation of team members (SMs) and provide feedback for improvements. Build strong working relationships and maintain effective communications with team members. Identify business challenges and suggest appropriate action plans. Build a positive working and learning environment for team members. Ensure that teams follow company policies and procedures at all times.

Key Responsibilities-Identify and approach potential customers through field visits, referrals, or cold leadsPresent and explain product offerings to customersUnderstand customer needs and recommend appropriate solutionsAchieve assigned sales targets on a monthly and quarterly basisHandle objections and close sales effectivelyMaintain strong follow-ups and provide post-sales supportKeep accurate records of sales, leads, and customer interactionsWork closely with team leads and report daily performance

The Area Training Manager for the Banca Channel is responsible for developing and delivering training programs to bank employees, including Relationship Managers and sales teams, to drive the effective sales and service of bancassurance products. The role involves assessing training needs, conducting training sessions, and ensuring the successful application of learned skills in the field.Key Responsibilities:Training Delivery: Conduct training sessions on bancassurance products, sales techniques, and compliance for bank employees.Training Needs Assessment: Analyze gaps in skills and design training programs to address these needs.Sales Support: Equip bank teams with knowledge to effectively cross-sell insurance products.Stakeholder Engagement: Build relationships with bank leaders to ensure training aligns with business goals.Compliance & Quality Assurance: Ensure training adheres to regulations and is effective in improving performance.Team Leadership: Manage and support a team of trainers, providing guidance and feedback.

Designation- Relationship officer - bancaCTC- 3.5 LPA Key Responsibilities:Sales Growth & Target Achievement:Drive sales of life insurance products through the banca channel.Meet or exceed sales targets and KPIs set by the company.Develop and implement sales strategies to maximize business opportunities.Relationship Management:Build and maintain strong, long-term relationships with key bank partners.Collaborate with the banks sales and branch teams to generate leads and increase sales.Conduct regular training sessions for bank staff on life insurance products and sales techniques.Training & Support:Ensure that bank employees are fully equipped with product knowledge, sales tools, and techniques.Provide ongoing support to the banks sales team and guide them through the sales process.Lead Generation & Conversion:Proactively generate leads through bank branches and customer networks.Convert leads into customers by recommending appropriate insurance solutions.Compliance & Documentation:Ensure compliance with regulatory guidelines, internal policies, and bank protocols.Oversee the complete process of documentation, policy issuance, and follow-ups with customers.Market Insights & Reporting:Monitor competitor activities and industry trends.Provide market feedback to senior management for strategic planning.Prepare and submit regular sales reports, tracking KPIs and progress towards targets.Customer Service & Retention:Ensure high-quality customer service by addressing client queries and concerns.Focus on retaining existing clients by promoting renewals and cross-selling products.Interested People can contact- ishita.yadav@skywingsadvisors.com or 9997994284