Associate Sales Manager - Branch Banking

Max Life Insurance; Patna; On-site; INR 4,50,000 - 6,75,000; Full time

Job summary

A leading life insurance company is seeking an Associate Sales Manager for Branch Banking in Patna. You will be responsible for generating new business through collaboration with branch managers and staff. This role requires excellent communication skills and a background in sales. Tasks include strengthening relationships for lead generation, conducting presentations, closing sales, and training bank staff on life insurance products. Candidates should be between 21-28 years old and preferably have their own conveyance.

Qualifications

• 0.6 to 4 years of experience in sales depending on band.
• Good communication skills in English and local language are mandatory.
• Age group: 21-28 years.

Responsibilities

• Strengthen relationships with branch managers and staff for leads.
• Conduct work site activities and presentations.
• Close sales and ensure issuance follow-up.
• Increase customer awareness of Life Insurance solutions.
• Drive reward and recognition programs for bank staff.
• Regularly train bank staff on life insurance concepts.

Skills

Good communication skills – English & regional language

Sales experience

Education

Graduate/ Post Graduate in any discipline

Job description

Associate Sales Manager – Branch Banking

Band: 5/5A/5B

Department: Bancassurance - Yes Bank

JOB SUMMARY:

Takes responsibility of fulfilling leads & prospecting new business from the assigned areas/ branches of channel partner

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.a
• 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.

MEASURES OF SUCCESS:

• Adjusted MFYP (Modal first year premium)
• Number of policies
• Business Leakage including cancellations
• 15th Month collection

MINIMUM/SPECIFIC EXPERIENCE:

• Graduate/ Post Graduate in any discipline
• 0.6 to 2/2 to 3/3-4 years of experience in sales for 5/ 5Arespectively
• Good communication skills – English & regional language (mandatory)
• Age group: 21-28 years
• Preferably has own conveyance