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Full Job Description
Compensation
₹ 325,000 – 525,000 per year
Required Experience
1 – 5 Years
Skills
Sales,
Banking sales,
Insurance sales
JOB DESCRIPTION
POSITION / DESIGNATION Business Development Manager – Bancassurance
JOB RESPONSIBILITIES The Business Manager has the responsibility of driving sales and achieving the
sales target for the assigned bank branches
Target Achievement
- Drive sales and achieve targets through the bank branches
- Selling company’s product
Sales Support
- Support the CRO in his sales effort, in terms of generating benefit
illustrations, accompanying on client calls if required etc
Relationship Management
- The Bank is the key customer of the Business Manager and he has to
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, Company’s product offerings and
understand their issues/ concerns about selling insurance (if any)
- Ensure that all service requirements are met, medicals facilitated and
customers are satisfied.
Lead Generation
- Spearhead all lead generation initiative from the bank – whether through walk
in, data-mining, referrals and others.
KEY PERFORMANCE INDICATORS
QUALITATIVE • Achieving sales targets
- Activate & Penetrate branches for Insurance Sales
- Arranging training programs for bank staff on products and selling skills
- Increasing productivity of bank branch
QUANTITATIVE • Achievement of Monthly / Quarterly / Half yearly and Annual Sales Target
PREFERRED CREDENTIALS
WORK EXPERIENCE 2-4 years In Insurance / Banking / Finance / FMCG / NBFC / Pharma Sales and
Freshers.
AGE Below 35 years
QUALIFICATIONS Diploma, Graduates / MBAs of formal education is desirable.
COMPETENCIES,
Result Orientation
Leadership Skills
Customer Orientation
Interpersonal and Communication Skills
Energy, Drive and Initiative
Cost and Quality Consciousness
About Company
Leading Insurance company of India and it was founded in 2009, and Mumbai serves as its corporate headquarters. It offers a wide variety of plans to meet all the needs of its clients, including term plans, pension plans, and savings plans. It operates 4,800 branches throughout more than 1000 Indian cities.
With a passion for serving customers, we believe the certainties far outweigh the uncertain and we’d like you to prepare for those moments. We’re happy you decided to get to know us better.
Headquartered in Mumbai, with a paid-up share capital of INR 754.37 crore, is one of the fastest growing private life insurers in India in terms of New Business IRP in Fiscal 2022. Our key differentiators are our simple, easy-to-understand products that are optimally priced.
Great Place to Work® Institute has recognised us among India’s Best Workplaces in Insurance for 2021, India’s Best Companies to Work for 2021 and Top 100 | India’s Best Workplaces for Women. The recognition is a testament to the commitment of our organisation and employees who live by our core philosophies – #CustomerFirst and #EmployeeFirst – that form the nucleus of Organisation. Our employees are our key driving force, our core strength, our differentiators, and our brand ambassadors. Our mantra of #EmployeeFirst has helped us achieve our #CustomerFirst goals better.
