Cluster Sales Manager - Bancssurance - Yes Bank - Indore

HDFC Life; Indore District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

HDFC Life is seeking an experienced leader to manage a team of sales professionals focused on Bancassurance partnerships in India. The role involves developing and executing strategies to grow life insurance penetration through bank channels, while collaborating with branch and relationship managers to identify new business opportunities.

The ideal candidate has 8-13 years of experience in Bancassurance or insurance sales, with a strong understanding of banking products and financial services,

Qualifications

• 8-13 years of experience in Bancassurance or similar industry (insurance sales).
• Strong understanding of banking products, life insurance, and other financial services.
• Proven track record in achieving sales targets through effective leadership and strategy execution.

Responsibilities

• Manage a team of sales professionals to achieve business targets through Bancassurance partnerships.
• Develop and execute strategies to increase life insurance penetration and opportunities with bank customers.
• Collaborate with branch managers and relationship managers to identify potential clients and develop new business leads.
• Analyze market trends, competitor activity, and customer needs to inform sales strategy development.
• Ensure compliance with regulatory requirements and internal policies related to bancassurance operations.

Skills

Sales Leadership

Bancassurance

Strategic Planning

Job description

Roles and Responsibilities

• Manage a team of sales professionals to achieve business targets through Bancassurance partnerships.
• Develop and execute strategies to increase life insurance penetration and opportunities with bank customers.
• Collaborate with branch managers and relationship managers to identify potential clients and develop new business leads.
• Analyze market trends, competitor activity, and customer needs to inform sales strategy development.
• Ensure compliance with regulatory requirements and internal policies related to bancassurance operations.

Desired Candidate Profile

• 8-13 years of experience in Bancassurance or similar industry (insurance sales).
• Strong understanding of banking products, life insurance, and other financial services.
• Proven track record in achieving sales targets through effective leadership and strategy execution.