Sales Manager Bancassurance - Full Time

ABP Empower

Amritsar

On-site

INR 800,000 - 1,200,000

Full time

12 days ago

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Benefits offered by this job

Annual Bonus

Job summary

ABP Empower in India seeks a Bancassurance Sales Manager to drive life insurance sales through banking partner networks by actively managing partner relationships, achieving revenue targets, and training bank staff to present products effectively.

You will serve as the bridge between ABP Empower and the partner banks, lead relationship management, coordinate with operations for policy issuance, renewals and claims, and guide field teams to maximize cross‑selling opportunities.

Qualifications

  • Bachelor's degree in any discipline; MBA in marketing or finance preferred.
  • 1–6 years of proven experience in Life Insurance sales, bancassurance preferred.
  • Strong communication, negotiation and interpersonal abilities; comfortable with sales metrics.

Responsibilities

  • Relationship management with bank branch managers, tellers, and relationship officers to promote offerings.
  • Drive cross-selling and up-selling to meet monthly and annual targets.
  • Train bank staff on products, pitches, and regulatory guidelines.
  • Coordinate with internal operations for policy issuance, renewals and claims processing.

Skills

Communication
Negotiation
Interpersonal skills
Sales targets

Education

Bachelor's degree in any discipline
MBA in marketing or finance (preferred)

Job description

A Bancassurance Sales Manager drives insurance product sales through banking partner networks by managing partner relationships, hitting revenue targets, and training bank staff.

Role Overview

Bancassurance involves selling insurance policies life insurance through a partner banks branch network. As a Sales Manager, you act as the bridge between the insurance company and the partner bank.

Key Responsibilities

Relationship Management: Build strong, daily working bonds with bank branch managers, tellers, and relationship officers to promote insurance offerings. Sales Target Achievement: Drive cross-selling and up-selling of insurance policies to the banks existing and walk-in customer base to meet monthly and annual business goals. Staff Training: Train bank employees on insurance products, sales pitches, and regulatory guidelines so they can confidently recommend policies. Lead Conversion: Assist bank staff in closing high-value sales, conducting joint client meetings, and processing customer leads efficiently. Operations and Service Support: Coordinate with internal operations teams to ensure smooth policy issuance, renewals, and claims registration for bank clients.

Requirements and Qualifications

Education: A bachelor's degree in any discipline (an MBA in marketing or finance is often preferred).

Experience: 1 to 6 years of proven experience in Life Insurance) sales, specifically in bancassurance or life insurance.

Skills: Strong communication, negotiation, interpersonal abilities, and comfort working toward strict sales metrics.

  • Experience

    1 - 5 Years

  • No. of Openings

    15

  • Education

    Graduate

  • Role

    Sales Manager Bancassurance

  • Industry Type

    Insurance / Claims

  • Gender

    [ Male / Female ]

  • Job Country

    India

  • Type of Job

    Full Time

  • Work Location Type

    Work from Office

  • Benefits include

    Annual Bonus

  • Face Interview Location

    Chandigarh

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