Relationship Manager - Bancassurance

Paradigmit Technology Services; YSR Kadapa, Parvathipuram Manyam, Sri Sathya Sai; On-site; INR 300,000 - 350,000; Full time

Benefits offered by this job

Health insurance

Incentives and performance-based pay

Career growth opportunities

Job summary

Paradigmit Technology Services is seeking an experienced Banca Relationship Manager to drive sales of Crop Insurance and other General Insurance products through bank branches in India. You will build and maintain strong relationships with bank branch personnel and customers, generating leads and converting them into insured business.

The role requires 3+ years in Bancassurance/General Insurance Sales, excellent communication and negotiation skills, and the ability to work independently across

Qualifications

• Minimum 3 years of experience in Bancassurance / General Insurance Sales.
• Experience in selling General Insurance, Crop Insurance, Motor, Health, Commercial, or other insurance products preferred.
• Strong understanding of the Bancassurance sales model.
• Proven track record of achieving sales targets.
• Strong customer relationship and branch relationship management skills.
• Excellent communication, negotiation, and interpersonal skills.
• Good sales orientation with the ability to generate and convert leads.
• Strong follow-up and relationship-building capabilities.
• Ability to work independently and manage assigned territories.

Responsibilities

• Drive sales of Crop Insurance and other General Insurance products through the assigned bank branches.
• Build and maintain strong relationships with Bank Branch Managers, Bank Staff, and Customers.
• Generate insurance business through the bank's existing customer base.
• Work closely with bank employees to identify potential customers and generate leads.
• Conduct customer meetings and explain insurance products, benefits, coverage, and policy terms.
• Convert leads into successful insurance sales and achieve monthly/annual business targets.
• Ensure regular follow-up with customers for proposals, documentation, renewals, and policy issuance.
• Develop strong relationships with key stakeholders within the assigned bank branches.
• Conduct sales activities, customer awareness sessions, and product presentations whenever required.
• Track daily sales performance and maintain accurate MIS/reporting.
• Ensure compliance with company and regulatory guidelines during the sales process.
• Identify opportunities to increase business through cross-selling and up-selling of insurance products.
• Travel within the assigned territory/branch network as required.

Skills

Bancassurance sales

General insurance sales

Bank relationship management

Lead generation

Negotiation

Communication

Customer relationship

Territory management

Education

Bachelor's degree

Job description

We are looking for an experienced and result-oriented Banca Relationship Manager to join our Bancassurance Sales team.

Key Responsibilities

• Drive sales of Crop Insurance and other General Insurance products through the assigned bank branches.
• Build and maintain strong relationships with Bank Branch Managers, Bank Staff, and Customers.
• Generate insurance business through the bank's existing customer base.
• Work closely with bank employees to identify potential customers and generate leads.
• Conduct customer meetings and explain insurance products, benefits, coverage, and policy terms.
• Convert leads into successful insurance sales and achieve monthly/annual business targets.
• Ensure regular follow-up with customers for proposals, documentation, renewals, and policy issuance.
• Develop strong relationships with key stakeholders within the assigned bank branches.
• Conduct sales activities, customer awareness sessions, and product presentations whenever required.
• Track daily sales performance and maintain accurate MIS/reporting.
• Ensure compliance with company and regulatory guidelines during the sales process.
• Identify opportunities to increase business through cross-selling and up-selling of insurance products.
• Travel within the assigned territory/branch network as required.

Candidate Requirements

• Bachelors degree in Business, Finance, Agriculture, or any relevant discipline.
• Minimum 3 years of experience in Bancassurance / General Insurance Sales.
• Experience in selling General Insurance, Crop Insurance, Motor, Health, Commercial, or other insurance products will be preferred.
• Strong understanding of the Bancassurance sales model.
• Proven track record of achieving sales targets.
• Strong customer relationship and branch relationship management skills.
• Excellent communication, negotiation, and interpersonal skills.
• Good sales orientation with the ability to generate and convert leads.
• Strong follow-up and relationship-building capabilities.
• Ability to work independently and manage assigned territories.

Preferred Candidate Profile

Candidates from General Insurance / Bancassurance companies with experience working closely with banks and bank branches will be preferred.

Candidates should have:

• Bancassurance Experience + General Insurance Sales + Bank Relationship Management + Target Achievement

Compensation & Benefits

• CTC: 3.0 3.5 LPA
• Performance-based incentives
• Health insurance and other employee benefits
• Professional development and career growth opportunities

Important Hiring Requirement

This is a critical and immediate hiring requirement. Candidates must meet the required experience, General Insurance/Bancassurance exposure, sales capability, and location criteria before profiles are shared.

Immediate Joiners / Short Notice Candidates will be preferred.