Associate Sales Manager - Bancassurance

Max Life Insurance

Indore

1-5 Years

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Posted 5 hours ago
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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

More Info

Job Type:

Permanent Job

Industry:

Life Insurance

Role:

Area /Territory Sales Manager

Function:

Sales/Business Development

Employment Type:

Full time

Open to candidates from:

Indian

About Company

Max Life Insurance

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

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