Senior Executive - Bancassurance

HDFC ERGO General Insurance; Ambala; On-site; INR 500,000 - 600,000; Full time

Job summary

HDFC ERGO General Insurance in Ambala invites an experienced Senior Executive - Bancassurance to lead bancassurance strategy and execution at our branch. You will coordinate with bank partners, drive growth, manage a team of sales managers, ensure budgeted GWP targets, and maintain strong channel relationships with the bank.

The role requires graduate education and 1–4 years of relevant experience in sales or bancassurance, and offers permanent, full‑time employment at a busy retail banking

Qualifications

• Graduate degree required.
• 1–4 years of relevant experience preferred, in bancassurance or sales.

Responsibilities

• Bancassurance strategy & execution.
• Designing, implementing and executing strategies for continuous growth; allocate penetration targets.
• Ensure achievement of GWP numbers, market share, and budgeted targets.
• Regular interaction and coordination with line managers, channel partners, third-party teams and bank line teams.
• Provide training to the team and conduct periodic performance reviews.
• Responsible for hiring, managing diversity, and controlling attrition.
• Groom and mentor direct reports including 5–7 Sales Managers.
• Maintain channel relationship management and ensure adherence by internal teams.

Education

Graduate

Job description

End Date 12 Jun 2027

Required Experience 1 - 4 years

Basic Section

New Job Title Senior Executive - Bancassurance

No. Of Openings 1

Grade JM1

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 B1 HDFC Bank HL

Cost Center Code 1879

Department Retail Business Group

Function Bancassurance Group

Business Zone NA

Job Role TM Branch Banking

Country India

Region North

City Ambala

Physical Branch Ambala

Branch Ambala

Branch Code 1452

Type of Office Branch

Skill

Graduate

Job Description

• Bancassurance strategy & execution
• ? Designing, implementing and executing strategies for continuous growth. Further, discussing and
• allocating the penetration percentage to the team
• ? Ensuring achievement of the GWP (Gross Written Premium) numbers, market share and the penetration of
• the budgeted numbers
• ? Regular interaction and co-ordination with the line managers, channel partners, third-party team (TPT) and
• line team of the bank
• ? Providing the required training to the team and providing periodic review of team performance and setting
• agenda
• ? Responsible for timely hiring, maintaining and encouraging the diversity and controlling the attrition
• ? Responsible for grooming and hand-holding of the direct reportee's including 5 to 7 Sales Managers
• Engagement with channel
• ? Ensuring team and channel management through product training and R&R (Rewards & Recognition)
• drives
• ? Maintaining channel relationship management and ensuring the same is adhered by the internal team
• members Coordination with internal & external team
• ? Daily coordination with the internal team via huddles calls or one to one call along with managing
• relationship across the bank internally & externally
• Compliance & Adherence
• ? Ensuring all the activities including conducting R&R (Rewards & Recognition) to following new and existing