Bancassurance Sales Manager - Upto 12LPA CTC

Company Description

Workassist is an online recruitment and employment solution provider based in India. Leveraging technology through e-recruitment, Workassist provides relevant profiles to employers and relevant jobs to job seekers across different industries and experience levels. The platform works with over 10,000+ recruiters from sectors such as banking and finance, consulting, sales and marketing, HR, IT, and operations to help them recruit emerging talents.

Role Description

This is a full-time on-site role located in Pune for a Bancassurance Sales (Cluster) Manager. The Sales Manager will be responsible for driving the sales of Bancassurance products by developing and managing relationships with key customers, identifying new business opportunities, and achieving sales targets. The Sales Manager will also train and motivate the sales team, ensure compliance with regulatory and company policies, and collaborate with other departments.
 Conversion rate, product mix. persistency, hiring & retention of team and a high % of executives exceeding planned productivity standard.
 Build progressive partnership with the stakeholders in the bank at Cluster and Branch level.
 Ensure Business Plans are discussed & agreed with Cluster Head on monthly basis & ensuring key actions are executed and reviewed.
 Drive sales for the cluster as per assigned target, identify potential customers and new business opportunities.
 Conduct regular performance reviews & give constructive feedback to ensure outcome is achieved
 Daily updates in alignment with Clusters of focused business parameters-Business Plan, Branch Seller Activation and persistency and thereby tracking the performance in all the parameters.
 Anticipate training needs for the Banks seller, create learning opportunities to upskill & spread awareness of our line of products
 Drive a culture of recognition to accelerate revenue generation in the channel.
 Ensure operational effectiveness & control, workflow compliance with all regulatory requirement
 Ensure Talent attraction, retention & development & reduction in of cost of operations & manpower
 Drive a culture of recognition to motivate team members & accelerate revenue generation in the cluster
 Collaborates with the objective to support and contribute to bank strategy.

Qualifications
 Proven track record in sales and team management
 Excellent communication and interpersonal skills
 Knowledge of Bancassurance products and regulations
 Ability to develop and execute sales strategies and business plans
 Experience in the banking or insurance industry preferred
 Bachelor's degree in Business Administration, Marketing, or related field

Additional Details

Job Type : Full Time

Role : Experienced

Min Salary : 5 Lakh

Max Salary : 12 Lakh

Experience : 4 to 9 Yrs

Locality : Mumbai , Nashik , Pune

Eligibility : Graduation

Company : Leading Life Insurance Company,