Business Development Manager – Bancassurance Channel

SBI Life Insurance Company Limited; India; On-site; INR 600,000 - 1,000,000; Full time

Job summary

A leading insurance company is seeking a Business Development Manager for the Bancassurance Channel to achieve sales targets through bank branches across PAN India. The role involves driving new business initiatives, conducting training sessions, and building strong relationships with Branch Managers and CIFs. Ideal candidates will have 2–6 years of experience in insurance, banking, or financial services, with strong sales skills and good communication abilities. This position offers an opportunity to significantly impact the company's growth in the region.

Qualifications

• 2–6 years of relevant experience in insurance, banking, or financial services is preferred.

Responsibilities

• Achieve sales targets through bank branches.
• Drive new business and revenue growth initiatives.
• Increase number of active branches and CIF productivity.
• Conduct training sessions on products and sales skills.
• Build strong relationships with Branch Managers and CIFs.
• Monitor business performance and key sales metrics.
• Ensure persistency and renewal business targets.
• Support process improvements and operational efficiency.
• Coordinate with internal teams for seamless execution.

Skills

Strong sales and business development skills

Good communication and relationship management

Knowledge of insurance/banking products and processes

Job description

Business Development Manager – Bancassurance Channel

Position: Business Development Manager – Bancassurance Channel

Location: PAN India

Experience: 2–6 years of relevant experience; experience in insurance/banking/financial services preferred

Responsibilities

• Achieve sales targets through bank branches (CIFs)
• Drive new business and revenue growth initiatives
• Increase number of active branches and CIF productivity
• Conduct training sessions on products and sales skills
• Build strong relationships with Branch Managers and CIFs
• Monitor business performance and key sales metrics
• Ensure persistency and renewal business targets
• Support process improvements and operational efficiency
• Coordinate with internal teams for seamless execution

Key Skills

• Strong sales and business development skills
• Good communication and relationship management
• Knowledge of insurance/banking products and processes