Bancassurance Manager Job Vacancies in Kochi

Drive Sales Targets By Engaging with Customers Through Calls & Virtual PlatformsPromote and Support Bank Staff Incentive ProgramsManage & Develop Customer Relationships VirtuallyCross-sell & Up-sell Life Insurance Products Effectivelyrequirements:Minimum 1 Year of Experience in Life Insurance / Bancassurance Graduation is MandatoryAge Limit: Up to 34 YearsGood Communication & Convincing Skills

Designation- Bancassurance ManagerCTC- 5 LPAKey Responsibilities:Sales Management: Drive life insurance sales across designated bank branches through effective relationship management and branch activation.Bank Partner Relationship: Build and maintain strong working relationships with branch managers and bank employees to enhance business generation.Lead Generation & Conversion: Work closely with bank teams to identify customer needs, provide product solutions, and close sales through joint calls.Training & Engagement: Conduct regular training and refresher sessions for bank staff on life insurance products, sales processes, and compliance.Target Achievement: Achieve assigned monthly and quarterly business targets (premium, policy count, and lives covered).Customer Service: Ensure smooth onboarding of customers, post-sale documentation, and prompt resolution of queries.Compliance & Reporting: Adhere to company and regulatory policies. Maintain accurate MIS and share daily/weekly/monthly performance updates.Key Performance Indicators (KPIs):Sales Targets (Annualized Premium, Policy Count)Activation and Engagement of Bank BranchesNumber of Joint Calls and Training SessionsPersistency and Quality of BusinessTAT in Proposal Submission and IssuancePartner Bank Relationship Score (if applicable)Desired Candidate Profile:Graduate / Postgraduate (MBA preferred)25 years of experience in Life Insurance, preferably in Bancassurance/Banking ChannelStrong interpersonal and communication skillsAbility to build rapport with partner teams and motivate themStrong business acumen and problem-solving abilityWillingness to travel across assigned branchesInterested candidates can share their resume on anjali.gussain@skywingadvisors.com or 9997994284

Need Freshers /Experienced on Urgent basis !Skills Preferred :1. Sound knowledge about Life Insurance Sales.2.Good Communication and Interpersonal Skills3.Interest in banking sales / field sales4. High level of energy /should be sales drivenResponsibilities :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.

Sales Development Manager - BancassuranceEducation : Graduation / PG Must. (15 years Education)Age: 21 to 40Experience: Min 1 year to 8 years Experience in Field sales. BFSI Experience is preferred.Two wheeler Must.JD: Individual role / Team Handling.Need to recruit team and Handling Team.All leads are provided by Channel partners.Needs to meet customers in person and maintain good relationship with customers. Achieving annual basis targets in system.CTC + Attractive Incentive + On roll JobIf you are Interested Send CV to mail id or What's up CV.Refer your Friends.

Key Responsibilities:Drive sales and achieve targets through bank branches.Build strong relationships with bank staff.Assist customers in selecting life insurance products.Implement sales strategies with branch managers.Maintain sales records and prepare reports.Ensure compliance with regulations.Qualifications:Bachelor's degree mandatoryProven sales experience, preferably in insurance or banking.Strong communication and interpersonal skills.Goal-oriented with a proactive approach.Why Join Us?Competitive salary and performance incentives.Comprehensive health insurance and retirement benefits.Opportunities for professional development and career growth.Collaborative and supportive work environment.

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.

Promote and sell insurance products through bank branches.Identify new business opportunities within the bank's customer base.Achieve sales targets set by the management.Build strong relationships with bank staff and customers.Provide training and support to bank staff on insurance products.Act as the main contact for insurance-related queries.Explain the benefits and features of insurance products to customers.Handle customer complaints and provide solutions.Follow up with customers for policy renewals and post-sale issues.Prepare and submit regular sales reports.Ensure compliance with regulatory and company policies.Maintain accurate records of sales activities and customer interactions.

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

Purpose of the Job: To plan and achieve business targets in the area of productivity, new premium, persistency, agent activation etc. Take responsibility for scanning the market for emerging opportunities. To devise and implement sales strategy to promote the productivity of the field force. To promote customer-centric culture among both staff and field force.Job Profile Key Responsibilities: Responsible for quality team development and playing an important role in expanding the market Building Distribution Network: Build a robust and profitable distribution network of Advisors & FLS. Productivity & Activation: To manage productivity and activation of the Advisors within the team. To promote productivity of the field force. Establish good working habits for the force, undertake productivity improvement drives, organize specialized training programs. Recruitment of Advisors to ensure growth and productivity. Responsible for increasing share of business by offering entire range of products by achieving Monthly, Quarterly and Annual target. Managing product mix, persistency, Lead Conversion% etc Managing accurate maintenance & updating database. Achieving goal sheet & contest achievement on weekly basis. Candidate should have a minimum of 1 year of experience in any Field / Banking / Insurance/ Education or Any other sales.

Purpose of the Job: To plan and achieve business targets in the area of productivity, new premium, persistency, agent activation etc. Take responsibility for scanning the market for emerging opportunities. To devise and implement sales strategy to promote the productivity of the field force. To promote customer-centric culture among both staff and field force.Job Profile Key Responsibilities: Responsible for quality team development and playing an important role in expanding the market Building Distribution Network: Build a robust and profitable distribution network of Advisors & FLS. Productivity & Activation: To manage productivity and activation of the Advisors within the team. To promote productivity of the field force. Establish good working habits for the force, undertake productivity improvement drives, organize specialized training programs. Recruitment of Advisors to ensure growth and productivity. Responsible for increasing share of business by offering entire range of products by achieving Monthly, Quarterly and Annual target. Managing product mix, persistency, Lead Conversion% etc Managing accurate maintenance & updating database. Achieving goal sheet & contest achievement on weekly basis. Candidate should have a minimum of 1 year of experience in any Field / Banking / Insurance/ Education or Any other sales.

Li Training : provide Product Training to Newly Joined Advisors. Motivate & Support Advisors to Generate Sales. Provide Clarification to Queries and Handle Objections. Follow Up with Advisors. Make Advisors Active Every Month. Build Good Rapport with the Advisors.provide Product Training to Sales Managers and Sales Officers. Collect Prospect Data Sheets from Sales Managers to Track Sales Officers. Co-ordinate Team Meetings of Each Sales Manager and Set Goals. Support Sales Officers to Achieve Their Goals. Provide Clarification to Queries and Handle Objections. Follow Up with Insurance provide Awareness About the Importance of Insurance to the Customers Andgenerate Sales. After Sales Service.