Bancassurance Specialist

CA Monk; Pune District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

CA Monk in Pune is seeking a Sr. CAM / BAM for Bancassurance sales in a leading life insurance company.

You will collaborate with bank branches, relationship managers and branch staff to drive life insurance business through the bank channel. With 3+ years total experience and 1+ year in life insurance, you will build relationships, generate and convert leads, achieve monthly and quarterly sales targets, and ensure compliance with company guidelines.

Qualifications

• 3+ years of total work experience
• Minimum 1+ year of experience in Life Insurance
• Experience in Bancassurance / Bank Channel preferred
• Strong communication and relationship management skills
• Target-oriented and comfortable working in a sales-driven environment
• Pune-local candidates who can attend an in-person interview

Responsibilities

• Build and maintain strong relationships with bank branches and banking teams to drive insurance business.
• Work closely with Relationship Managers, Branch Managers and other bank stakeholders for lead generation and business development.
• Identify opportunities within the bank's existing customer base and support cross-selling/up-selling of life insurance products.
• Drive achievement of monthly and quarterly sales targets through the Bancassurance channel.
• Follow up on leads from initial enquiry through conversion and policy issuance.
• Understand customer requirements and recommend suitable life insurance solutions.
• Conduct regular meetings with bank teams to track leads, pipeline, conversions and business performance.
• Build strong relationships with key branch stakeholders to ensure consistent business generation.
• Track sales performance and share regular business updates with the reporting manager.
• Ensure all sales activities are carried out in line with company processes, compliance and regulatory guidelines.

Skills

Sales Experience

Life Insurance

Bancassurance

Relationship Management

Communication Skills

Target Orientation

Job description

About the Role

We are hiring experienced Sr. CAM / BAM professionals for a leading Life Insurance company under its Bancassurance channel.

The role involves working closely with banking teams to drive life insurance business, build strong relationships with bank stakeholders, generate and convert leads, and achieve business targets through the bank channel.

• Build and maintain strong relationships with bank branches and banking teams to drive insurance business.


• Work closely with Relationship Managers, Branch Managers and other bank stakeholders for lead generation and business development.


• Identify opportunities within the bank's existing customer base and support cross-selling/up-selling of life insurance products.


• Drive achievement of monthly and quarterly sales targets through the Bancassurance channel.


• Follow up on leads from initial enquiry through conversion and policy issuance.


• Understand customer requirements and recommend suitable life insurance solutions.


• Conduct regular meetings with bank teams to track leads, pipeline, conversions and business performance.


• Build strong relationships with key branch stakeholders to ensure consistent business generation.


• Track sales performance and share regular business updates with the reporting manager.


• Ensure all sales activities are carried out in line with company processes, compliance and regulatory guidelines.


• For senior-level responsibilities, the role may also involve managing a larger branch portfolio, supporting team members and taking ownership of business targets.

What We’re Looking For

• 3+ years of total work experience


• Minimum 1+ year of experience in Life Insurance


• Experience in Bancassurance / Bank Channel will be preferred


• Strong communication and relationship management skills


• Good understanding of insurance sales and customer handling


• Target-oriented and comfortable working in a sales-driven environment


• Pune-local candidates who can attend an in-person interview will be preferred