MAMax Life Insurance
Associate Sales Manager - Bancassurance
Indore ₹1-5 LPA Posted 9 May 2025
FULL TIME
Compliance
Product Training
Sales Strategy
Relationship Management
Job Description
- Bancassurance Sales: Drive the sales of insurance products through partner banks by effectively promoting and positioning insurance offerings to potential customers
- Relationship Building: Establish and maintain strong relationships with key personnel at partner banks, including branch managers, relationship managers, and customer service teams
- Training and Development: Conduct training sessions for bank staff to enhance their knowledge of insurance products, sales techniques, and compliance requirements
- Sales Strategy: Collaborate with the Sales Manager to develop and implement effective sales strategies to maximize revenue generation and achieve set targets
- Cross-Selling: Identify cross-selling opportunities within the existing bank customer base and encourage the promotion of insurance products by the bank's employees
- Market Research: Stay up-to-date with market trends, competitor activities, and customer needs to identify potential growth areas and enhance product offerings
- Performance Tracking: Monitor and analyze sales performance data, prepare sales reports, and present findings to management regularly
- Compliance: Ensure all sales activities adhere to regulatory guidelines and company policies, promoting ethical practices at all times
- Customer Service: Provide excellent customer service to clients and address any inquiries or concerns related to insurance products in collaboration with the bank's customer service team
- Team Collaboration: Collaborate with the broader sales team and other departments to leverage synergies and support overall business objectives