Bancassurance Job Vacancies in Hassan

Designation- Relationship managerCTC- 3.5 LPAKey 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 candidate can share their resume on ishita.yadav@skywingsadvisors.com or 9997994284

Life 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.

The role is to create a team of outstanding sales executives and effectively lead, manageand coach them towards achieving sales targets.Principal Accountabilities:Key activities and decision making areas Typical Targets and MeasuresImpact on the Business / FunctionPlan daily goals both for the team as well as individually & worktowards achieving them.Hiring of the Sales team. Managing sales in a result-focused environment.Making effective sales presentations and closing deals.Identifying potential customers and new business opportunities.Constantly liaising with other departments for smooth functioning.Maintaining own awareness of product in order to sell effectively.Identify competency gap and scheduling of refresher training.Maintaining daily, weekly & Monthly MISDaily monitoring with all Teams(Relationship Managers) about yesterdays performance & todays targets.Premium per executive, per weekConversion rate, Product Mix, persistency, retention of team and a high % of executives exceeding planned productivity standardCustomers / StakeholdersTimely response to internal and external queries.Understands own role and how it relates to team and the final outcome of any Leadership& TeamworkLead, coach and motivate a team that collaborates effectively across functions in the Company to achieve desired resultsCreating an environment where people want to do great work by motivating staff, demonstrating teamwork by giving subordinates greater ownership and autonomy to deliverobjectives and continuously upgrade team caliberTo work effectively and consistently as part of a team And to improve over all teamperformanceOperational Effectiveness & ControlMajor Challenges (The challenges inherent in the role that require a continual test of the role holders abilities) Sales Target deliveryRole Context (The environment and operating conditions of the role including the extent of guidance andauthority)Create a team of outstanding sales executives an

ABHis responsible for Training, hand holding the team and buildingrelationship with the distributor/fieldABH/RBH back office support. He/Shewill also be responsible for achieving thesalestarget and maintain qualityservice standards through their teams.Campaign ManagementWeekly review and monitoring the Teams on all runningcampaignsMonitoring and ensuring 80% Login to issuance as per definedprocess TATEnsure FTREnsure regular trainingBest Practise SharingRun and Manage R&R for team motivationEnsure Persistency and control surrenderTarget OrientationShould always be abreast of the current business situation Likeno. Of leads, conversion %, business numbers etc.Relationship Management,Salestarget achievement & ProcessAdherenceEnsure Target Vs Achievement alwaysEnsure excellent rapport with the Branch Managers & LG tomaximize productivityEnsure and demonstrate supportive behaviour with field BM/GHEnsure and demonstrate supportive behaviour with otherfunctions in the organisationEnsure Processes are adhered to as per TAT.Quality -SalesSupportEnsure Quality standards insalessupport process with efficientescalation mechanismDialer Software support, integration & enhancementTo manage the above for smooth functioning on the floor.

The Cluster Business Manager - Banca Channel is responsible for driving business growth and achieving sales targets through the bancassurance channel. This role involves managing relationships with banking partners, leading a team, and ensuring the successful distribution of life insurance products through bank branches.Key Responsibilities:Sales Management:Drive sales of life insurance products through the bancassurance channel by managing relationships with bank partners.Achieve monthly, quarterly, and annual sales targets.Partner Relationship Management:Build and maintain strong relationships with bank branches and key banking partners.Collaborate with bank relationship managers to identify opportunities for cross-selling and up-selling.Team Leadership:Lead and motivate a team of sales managers and insurance advisors working within the banking branches.Provide training, coaching, and support to ensure high levels of performance and product knowledge.Business Development:Identify new opportunities to expand bancassurance sales and drive business growth.Conduct joint meetings with bank partners to review performance and set business plans.Compliance & Reporting:Ensure all sales activities comply with regulatory requirements and company policies.Provide regular reports on sales performance, market trends, and competitor activities to senior management.

Life 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.