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Max Life Insurance

Associate Sales Manager - Bancassurance

1-5 Years
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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

About Company

Max Life Insurance Company Limited is an Indian life insurance company headquartered in New Delhi. It is the largest non-bank private-sector life insurer in India and operates as an 80:20 joint venture between Max Financial Services and Axis Bank. Max Life provides a range of life insurance plans, including protection, savings, child, and pension plans. In FY 2024, Max Life reported an Embedded Value (EV) of 19,494 crore.

Job ID: 112052483