Deputy Manager - Bancassurance

HDFC ERGO General Insurance; Ranchi; On-site; INR 550,000 - 750,000; Full time

Job summary

HDFC ERGO General Insurance seeks a Deputy Manager - Bancassurance in Ranchi to drive bancassurance sales and manage bank channel partnerships. The role focuses on health, motor, and SME insurance across East India branches, with emphasis on lead generation and renewals.

The ideal candidate should have 1-5 years of experience in insurance sales, a Graduate degree, and strong collaboration with HDFC Bank channels. This is a permanent full-time position located in Ranchi.

Qualifications

• 1-5 years of relevant experience required.
• Experience in motor, health and SME insurance preferred.
• Familiarity with bancassurance channel and bank partnerships beneficial.

Responsibilities

• Engage with HDFC Bank branch stakeholders to generate leads and drive business.
• Handle fresh health, motor and home insurance opportunities across bank branches.
• Maintain renewal percentages across branches and ensure branch activation for health and non-health business.

Skills

Graduate

Education

Graduate

Job description

• India>East>Jharkhand>Ranchi>Ranchi>Ranchi>1602>Branch

End Date 13 Dec 2026

Required Experience 1 - 5 years

Basic Section

New Job Title Deputy Manager - Bancassurance

No. Of Openings 1

Grade JM2

Campus/Non Campus Non Campus

Employment Type Permanent

Organisational

Company HDFC ERGO General Insurance

Legal Entity HDFC ERGO General Insurance

SBU/ Channel BANCA

Business Function Sales

Cost Center B2 - HDFC Bank Auto

Cost Center Code 1843

Department Retail Business Group

Function Bancassurance Group

Business Zone NA

Job Role Sales Manager

Country India

Region East

State Jharkhand

City Ranchi

Physical Branch Ranchi

Branch Ranchi

Branch Code 1602

Type of Office Branch

Skills

Skill

Graduate

CERTIFICATION

Working Language

Job Description

Role

Location

As per the list

Reports to

Will be reporting ASM

Category

Reporting (Team)

Direct

Grade

JM1/JM2

Ergo as an Employer

• Creating Value by Valuing People
• Transparent& Fair Remunerations and Benefits

About HDFC Ergo

HDFC ERGO is a 51:49 joint venture firm between HDFC and ERGO International AG, one of the insurance entities of the Munich Re Group in Germany operating in the insurance field under the BFSI sector. The company offers products in the retail, corporate and rural sectors. The retail sector products are health, motor, travel, home, personal accident, and cyber security policy. Corporate products include liability, marine, and property insurance.

Our vision is to be the most admired insurance company that enables the continued progress of customers by being responsive to their needs.

Key Roles&Responsibilities (KRA/KPI)

• Engagement with HDFC Bank Branch stakeholders getting leads and driving business through them,
• Doing Fresh Health, Motor and home insurance of business GWP across cluster of Bank Branches.
• Maintaining Renewal percentage across Branches
• To maintain Branch Activation of Bank cluster branches with Health and Non health business

Key Requirements - Experience & Skills

• Experience in for handling business of motor, health and SME lines.
• Motor and Health insurance knowledge.
• Work in team and cross functional environment and with HDFC bank channel partner.