Bancassurance Job Vacancies in Kozhikode

Key Responsibilities:Build and maintain strong relationships with bank branch staff to generate insurance business.Drive sales of life insurance products through assigned bank branches.Ensure achievement of monthly/quarterly/annual sales targets.Train and motivate bank branch staff on insurance products, processes, and sales techniques.Identify potential customers from the bank database and assist in lead generation.Conduct regular branch visits, customer meetings, and sales calls.Handle queries, provide post-sales service, and ensure customer satisfaction.Ensure compliance with regulatory and company guidelines.Key Skills & CompetenciesGood communication and interpersonal skills.Strong sales orientation and customer handling abilityAbility to influence and build relationships with bank staff.Self-motivated and target-driven.Knowledge of life insurance products preferred.Qualifications & ExperienceGraduate / Post-Graduate .45 years of experience.

Requirement for Insurance Sales ExecutiveTarget Achievement Drive sales and achieve targets through the bank branches Sales Support Support the Customer Relationship Officer in the branch for his/ her sales effort, in terms of generating benefit illustrations, accompanying on client calls Relationship Management Bank is the key customer of the Business Development Manager, and he/she must engage an open and trusting relationship with the Branch Managers/officers/staff Engage the employees of the bank branches in regular discussions to transfer knowledge about insurance. Ensure that all service Lead Generation Spearhead all lead generation initiative from the bank whether through walk-in, data mining, referrals, etc.

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.

Description Responsible for business target achievement through sale of life insurance products to customers of partner branched Responsible for branch activation & lead generator (LG) activation through regular engagement with partner branch staff. Conduct regular sales activities within branch and catchment areas to generate leads from territory. Maintain discipline & rigor of daily sales activities DSR & LMS input. Ensure adherence to end to end business process with in the specified timelines. Adhering to regulatory requirements & monitoring quality of business. Ensure timely resolution of queries and complaints, and controlling the instances of adverse customer experience.Skill & Knowledge required Should be presentable with good communication skills. Should be good at relationship building/management. Should have excellent communication, inter personal and managerial skills. Should have understanding of Insurance and related financial market products. Local navigation skills of Present city. Ability to work effectively in highly demanding and competitive environment.

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:Need Freshers /Experienced on Urgent basis !1. Sound knowledge about Life Insurance Sales.2.Good Communication and Interpersonal Skills3.Interest in banking sales / field sales4.Excellent communication skills.5.Should be sales driven.6.High level of energy.

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.

About the Role:Work closely with bank staff to identify customer needs, offer tailored life insurance solutions, and meet or exceed sales targets. Youll play a key role in strengthening our bancassurance partnerships, providing excellent customer service, and helping customers achieve financial security.Key Responsibilities:Sales and Target Achievement: Drive life insurance sales within assigned bank branches, meeting monthly and annual targets.Relationship Management: Build and maintain strong relationships with bank staff and customers to foster trust and collaboration.Customer Advisory and Support: Educate customers on product features, answer inquiries, and guide them through the onboarding process.Training and Collaboration: Support bank staff by providing product knowledge and sales training.Who Were Looking For:Bachelors degree in Business, Finance, or related field1+ years of experience in bancassurance, insurance sales, or financial servicesStrong interpersonal skills, with the ability to engage and connect with clientsResults-oriented mindset with excellent communication and negotiation skills