Associate Sales Manager - Branch Banking

Axis Max Life Insurance Limited; Chandigarh; On-site; INR 450,000 - 650,000; Full time

Job summary

Axis Max Life Insurance Limited is recruiting for the role of Associate Sales Manager - Branch Banking. You will build and maintain relationships with Yes Bank branch staff to generate leads and close life insurance sales, while ensuring accurate issuance and branch compliance.

You will drive cross-sell penetration, conduct regular trainings for bank staff on life insurance concepts and new products, and coordinate with branch managers to meet targets.

Qualifications

• 2 to 4 years of experience in sales.
• Good communication skills – English & regional language (preferred).
• Age group: 22-28 years.
• Preferably has own conveyance.

Responsibilities

• Establishing & strengthening relationship with branch manager & staff to gain leads from them.
• Involvement in work site activities (putting up stalls and making presentations in corporate).
• Closing sale and following up on issuance.
• Increasing bank’s customer awareness about Life Insurance solutions and achieve the targeted penetration on cross sell within the branch’s customer base.
• Drive effectively the Reward and recognition programs launched for the bank staff.
• Train the bank staff regularly on concepts in life insurance and new product introductions.

Skills

Communication skills

Strategic thinking

Product Knowledge

Problem solving

Time management

Customer relationship management

Deal closing skills

Goal oriented

Customer centricity

Education

Graduate/ Post Graduate in any discipline

Job description

Associate Sales Manager - Branch Banking

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About Axis Max Life

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited(“MFSL”) and Axis Bank Limited.

Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.

Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Job Description

Job Title
Associate Sales Manager

Location
Branch Name (as per requirement)

Department
Bancassurance

Function
Bancassurance YBL - Sales

Reporting to
Center Manager

Band
5A

Function Summary

The Bancassurance Department within Axis Max Life Insurance plays a critical role in driving the distribution of life insurance products through our strategic partnership with Yes Bank. This department leverages Yes Bank’s existing customer base and infrastructure to offer insurance solutions.

Bancassurance Department serves as a bridge between Axis Max Life Insurance Company and Yes Bank, ensuring that insurance products are effectively marketed and sold to a wide customer base, while maintaining high standards of customer service, compliance, and performance.

Below is a summary of the key functions typically performed by the Bancassurance Department:

• Sales and Distribution Management
• Customer Relationship Management
• Compliance and Regulatory Oversight

Job Summary

This role involves establishing and strengthening relationships with branch managers and staff to generate leads, the candidate will actively participate in branch activities. The incumbent will be responsible for closing sales and ensuring follow-up on issuance.

A key aspect of the role is to increase the bank’s customer awareness about life insurance solutions and achieve targeted penetration of cross-sell within the branch’s customer base. The candidate will effectively drive reward and recognition programs for bank staff and regularly train them on life insurance concepts and new product introductions.

Key Responsibilities

• Establishing & strengthening relationship with branch manager & staff to gain leads from them.
• Involvement in work site activities (putting up stalls and making presentations in corporate.
• Closing sale and following up on issuance.
• Increasing bank’s customer awareness about Life Insurance solutions and achieve the targeted penetration on cross sell within the branch’s customer base.
• Drive effectively the Reward and recognition programs launched for the bank staff.
• Train the bank staff regularly on concepts in life insurance and new product introductions.

Key skills required

• Communication skills
• Strategic thinking
• Product Knowledge
• Problem solving
• Time management
• Customer relationship management
• Deal closing skills
• Goal oriented
• Customer centricity.

Desired qualification and experience

• Graduate/ Post Graduate in any discipline
• 2 to 4 years of experience in sales
• Good communication skills – English & regional language (preferred)
• Age group: 22-28 years
• Preferably has own conveyance

About Axis Max Life Insurance

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture between Max Financial Services Limited(“MFSL”) and Axis Bank Limited. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per the annual audited financials for FY2023-24, Axis Max Life Insurance has achieved a gross written premium of INR 29,529 Cr. For more information, please visit the company website at www.maxlifeinsurance.com.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

State

Branch

Department

Bancassurance

Function

Bancassurance YBL Branch Banking - Sales