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25/03 Vishavpreet Singh
Assistant Manager - Recruitment at VD Consultants

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Sales Role - Bancassurance Channel - BFSI (1-8 yrs)

Bangalore Job Code: 369597

Job description:

Bancassurance Sales , in essence, drives insurance sales within a bank's branch network, building relationships with bank employees and customers to promote and sell insurance products, while ensuring compliance and achieving sales targets. Here's a more detailed breakdown of the role:

Key Responsibilities:

Sales and Business Development:

- Motivating bank employees to promote insurance products and generate leads.

- Converting leads into sales by conducting joint calls with bank employees and understanding customer needs.

- Achieving and exceeding sales targets and revenue generation.

- Implementing customer segment-based product strategies.

- Deriving insurance business from assigned relationship/channel partners.

Relationship Management:

- Building and maintaining strong relationships with bank employees and key bank personnel.

- Providing pre and post-sales support and services to both bank partners and clients.

- Escalating and handling customer and bank employee grievances.

Product Knowledge and Training:

- Possessing in-depth knowledge of banking and insurance products and processes.

- Training bank staff on insurance products and processes.

- Ensuring adherence to compliance, code of conduct, and market conduct guidelines.

Reporting and Analysis:

- Preparing and analyzing required consolidated reports for management.

- Tracking performance in various vectors, including business plan, branch seller activation, and persistency.

Other Tasks:

- Identifying and arranging training needs for team members and bank staff.

- Implementing activity management based on company standards.

- Ensuring team members have the necessary logistics to perform their jobs.

- Supporting claims reported and coordinating with bank officials and customers for after-sales service.

Skills and Qualifications:

- Strong sales and business development skills.

- Excellent communication, interpersonal, and relationship-building skills.

- Ability to motivate and train others.

- Knowledge of banking and insurance products and processes.

- Strong analytical and reporting skills.

- Understanding of compliance and regulatory requirements.

- Bachelor's degree in Business Administration, Marketing, or a related field.

- Job Types: Full-time, Permanent

- Work Location: In person


Interested candidates kindly share me your C.V directly on WhatsApp 6284187992

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