Bancassurance Manager Female Graduate Jobs in Nashik

A Development Manager Bancassurance is a professional responsible for managing and developing the bancassurance channel for a company, most often in the insurance industry. This means they work with banks to sell insurance products to the bank's customers. They are a crucial link between the insurance company and the partner bank, focusing on business growth, team management, and achieving sales targets through the bank's network.Key ResponsibilitiesRelationship Management: Build and maintain strong, long-term relationships with key bank officials at various levels, from branch managers to regional heads. This is essential for ensuring the bank's cooperation and support in selling insurance products.Sales Strategy: Develop and implement a sales strategy for the bancassurance channel. This includes setting targets for the bank's sales teams, creating and executing sales plans, and identifying opportunities for cross-selling and up-selling insurance products to the bank's customer base.Training and Development: Conduct training sessions for bank staff on the features and benefits of the insurance products. The Development Manager acts as a product expert, ensuring the bank's employees are well-equipped to sell and service insurance policies.Performance Monitoring: Track the sales performance of the bancassurance channel. This involves analyzing sales data, monitoring the bank's sales teams' performance, and providing regular reports to both the insurance company and the bank's management.Troubleshooting: Act as the first point of contact for any issues related to bancassurance sales, such as policy issuance, claims processing, or customer 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.Bancassurance JD :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.Develop various sources of agent hiring & build a team of agent & agent pipe line- Conduct activity to enhance existing agent footfall to generate fresh referral for new agent hiring- Development of agent prospecting habits, calling habits and work habits- Work with agent on planning and reviewing of activities and goals- Identify the training needs of the agent and work with Trainers to improve the same- Meet Business Targets