Sales Manager - Bancassurance

Axis Max Life Insurance Limited; Gujarat; On-site; INR 900,000 - 1,200,000; Full time

Job summary

A leading insurance company is seeking a Sales Manager for Bancassurance in Gujarat. The role involves driving sales growth through partnerships with banks, managing the sales team, and implementing effective strategies. Ideal candidates will have proven sales experience, strong leadership skills, and knowledge of insurance products. This full-time position offers an exciting opportunity to contribute to the company's success.

Responsibilities

• Lead the bancassurance sales team to achieve targets.
• Develop sales strategies to maximize partnerships.
• Build relationships with key stakeholders in partner banks.
• Conduct training for bank staff on insurance products.
• Monitor sales performance metrics and report to management.
• Collaborate with marketing for promotional campaigns.
• Identify new business opportunities in bancassurance.
• Stay updated on industry trends and competitor activities.

Skills

Leadership and team management skills

Communication and interpersonal skills

Sales experience in insurance or financial services

Relationship-building skills

Analytical and problem-solving skills

Results-oriented mindset

Knowledge of insurance products

Tools

CRM software

Sales analytics tools

Microsoft Office Suite

Presentation software

Communication tools

Market research tools

Job description

Job Title: Sales Manager - Bancassurance

Company: Axis Max Life Insurance Limited

Overview

The Sales Manager for Bancassurance will be responsible for driving sales growth through strategic partnerships with banks and financial institutions. This role involves managing the bancassurance sales team, developing and implementing sales strategies, and ensuring the achievement of sales targets. The Sales Manager will also be responsible for building strong relationships with bank partners, conducting training sessions for bank staff on insurance products, and providing ongoing support to enhance sales performance.

Responsibilities

• Lead and motivate the bancassurance sales team to achieve monthly and annual sales targets.


• Develop and implement effective sales strategies to maximize partnership potential.


• Build and maintain strong relationships with key stakeholders in partner banks.


• Conduct training sessions for bank staff to enhance their knowledge of insurance products and sales techniques.


• Monitor sales performance metrics and provide regular reports to senior management.


• Collaborate with marketing teams to design and implement promotional campaigns.


• Identify new business opportunities and contribute to the expansion of the bancassurance program.


• Stay updated on industry trends and competitor activities to ensure competitiveness.

Skills

• Strong leadership and team management skills.


• Excellent communication and interpersonal skills.


• Proven track record in sales, preferably in insurance or financial services.


• Ability to build and maintain relationships with bank partners.


• Strong analytical and problem-solving skills.


• Results-oriented with a focus on achieving targets and driving sales performance.


• In-depth knowledge of insurance products and financial services.

Tools

• Customer Relationship Management (CRM) software.


• Sales analytics and reporting tools.


• Microsoft Office Suite (Excel, PowerPoint, Word).


• Presentation software for training delivery.


• Communication tools (email, messaging apps).


• Market research tools to analyze industry trends.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Sales and Business Development

Industries

• Insurance

This role offers an exciting opportunity to lead sales initiatives in the bancassurance sector, and contribute to the growth and success of Axis Max Life Insurance.