Cluster Head - Bancassurance Channel - Life Insurance

Cluster Head Banca Channel (Life Insurance)

Experience: 3-4 years

Location - Gulbarga, Mangalore, Bangalore

Industry: Life Insurance

Channel: Banca Channel

Key Responsibilities:

- Drive business growth and achieve sales targets for the Banca Channel in the assigned cluster.

- Develop and maintain strong relationships with banking partners to ensure seamless business operations.

- Lead, mentor, and manage a team of Relationship Managers to enhance productivity and performance.

- Conduct regular training and development programs for the team to improve sales effectiveness.

- Ensure adherence to compliance, regulatory guidelines, and company policies.

- Analyze sales data, market trends, and competitor activities to formulate strategies for business expansion.

- Collaborate with bank branch staff to increase penetration of life insurance products.

- Drive customer engagement initiatives and improve policy persistency.

- Monitor key performance metrics and ensure achievement of revenue and profitability targets.

- Implement effective sales strategies to maximize cross-selling and upselling opportunities.

Required Skillsets:

- Strong sales and business development skills in the life insurance sector.

- Masters is a plus.

- Excellent relationship management and stakeholder engagement abilities.

- Team leadership and people management skills.

- Ability to drive sales through the Banca Channel and manage partner relationships.

- Strong analytical and problem-solving skills for business planning and execution.

- Good understanding of life insurance products and regulatory guidelines.

- Effective communication and negotiation skills.

- Proficiency in MS Office and CRM tools.