Bancassurance Manager

Key Responsibilities:

• Sales Management:
• Develop and implement sales strategies to achieve bancassurance targets.
• Monitor and drive performance of sales staff in assigned bank branches.
• Identify new opportunities to increase insurance penetration in the bank.
• Relationship Management:
• Build and maintain strong working relationships with bank leadership and branch staff.
• Act as a liaison between the insurance company and the bank to ensure alignment of goals.
• Training and Development:
• Conduct regular training sessions for bank staff on insurance products and sales techniques.
• Ensure continuous learning and updates on new insurance products and regulations.
• Compliance & Process Management:
• Ensure adherence to regulatory guidelines and company policies.
• Monitor and improve the operational efficiency of the bancassurance channel.
• Reporting & Analysis:
• Prepare regular performance reports and present to senior management.
• Analyze sales trends and customer behavior to improve product offerings and strategies.

Key Requirements:

• Education: Bachelor's degree in Business Administration, Finance, Marketing, or a related field. MBA is a plus.
• Experience: Minimum 4–6 years of experience in bancassurance, insurance sales, or financial services, with at least 2 years in a managerial role.
• Skills:
• Strong sales and negotiation skills
• Excellent interpersonal and communication abilities
• Leadership and team management
• Analytical and problem-solving mindset
• Good understanding of insurance products and banking operations