Senior Regional Insurance Manager

IDFC FIRST Bank

Chennai District

On-site

INR 1,800,000 - 3,200,000

Full time

48 hours ago
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Job summary

IDFC FIRST Bank is seeking a Senior Regional Insurance Manager to drive insurance performance across the designated zone by coordinating with internal verticals and external partners. The role emphasizes activation, lead generation, product alignment, training, and compliance, serving as the primary interface for insurance solutions for staff and customers.

The role requires deep knowledge of insurance products, strong stakeholder management, and a customer-centric approach to deliver compliant,

Qualifications

  • Minimum 12+ years of relevant experience in insurance sales, bancassurance, or financial services.
  • Strong understanding of insurance products and bancassurance operations.
  • Excellent stakeholder management and interpersonal skills.

Responsibilities

  • Engage with all business verticals within the region to drive insurance activation and lead flow.
  • Collaborate with Regional Managers and branch teams to ensure the right product offerings are aligned with customer needs.
  • Monitor and enhance insurance productivity across branches, ensuring optimal product mix and customer retention.
  • Act as the go-to resource for insurance-related queries and solutions for bank staff and customers.
  • Drive customer-centric insurance solutions based on need analysis and product suitability.

Skills

Insurance products
Bancassurance operations
Stakeholder management
Team leadership
Compliance
Training & process alignment
Analytical mindset
Business communication

Education

Graduation: Any discipline (Full-Time)
MBA/PGDM (Preferred)

Job description

Job Requirements
About the Role

The Senior Regional Insurance Manager is responsible for driving insurance business performance across the assigned zone or region by engaging with internal business verticals and external partners. The role focuses on increasing activation, lead generation, and product alignment based on customer needs. It also involves ensuring compliance, training, and certification across teams, while acting as the primary interface for insurance-related solutions and support for bank staff and customers.

Key Responsibilities
Primary Responsibilities
  • Engage with all business verticals within the region to drive insurance activation and lead flow.
  • Collaborate with Regional Managers and branch teams to ensure the right product offerings are aligned with customer needs.
  • Monitor and enhance insurance productivity across branches, ensuring optimal product mix and customer retention.
  • Act as the go-to resource for insurance-related queries and solutions for bank staff and customers.
  • Drive customer-centric insurance solutions based on need analysis and product suitability.
Secondary Responsibilities
  • Liaise with external stakeholders and insurance partners to build synergies and ensure alignment.
  • Oversee training, certification, and process adherence across teams to maintain compliance.
  • Ensure consistent delivery of insurance services in line with regulatory and internal standards.
Managerial & Leadership Responsibilities
  • Provide indirect leadership across various business verticals and structures within the bank.
  • Demonstrate maturity in handling employee, partner, and customer queries related to insurance.
  • Foster a culture of customer centricity, compliance, and continuous improvement.
  • Attract and retain top talent while promoting digital enablement and automation in insurance servicing.
What We Are Looking For
Education
  • Graduation: Any discipline (Full-Time)
  • Postgraduation: MBA / PGDM (Preferred)
Experience
  • Minimum 12 +years of relevant experience in insurance sales, bancassurance, or financial services.
Skills and Attributes
  • Strong understanding of insurance products and bancassurance operations.
  • Excellent stakeholder management and interpersonal skills.
  • Ability to drive performance across diverse teams and business units.
  • Compliance-oriented with a focus on training and process alignment.
  • Analytical mindset with a customer-first approach.
  • Fluent in English with strong business communication skills.
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