virtual bancassurance manager

HDFC Life; Coimbatore District; On-site; INR 400,000 - 650,000; Full time

Job summary

HDFC Life seeks a Bancassurance Sales professional to drive channel performance across bancassurance and agency streams in Coimbatore area. You will develop strong bank partnerships and implement revenue-growing strategies.

You'll analyze market trends, coordinate cross-functional launches, and ensure regulatory compliance while achieving business targets. Excellent communication and negotiation skills are essential for success.

Qualifications

• 1-5 years of Bancassurance Sales experience.
• Strong bancassurance knowledge and distribution networks.
• Excellent communication and negotiation with banks.
• Ability to analyze MIS data for decision making.

Responsibilities

• Manage Bancassurance channel sales performance, identifying areas of improvement and implementing strategies to increase revenue growth.
• Develop and maintain strong relationships with bank partners, ensuring seamless integration of insurance products into their offerings.
• Collaborate with cross-functional teams to launch new product initiatives, promotions, and campaigns across multiple channels (bancassurance & agency).
• Analyze market trends, competitor activity, and customer needs to inform business decisions and optimize sales strategies.
• Ensure compliance with regulatory requirements while driving business results.

Skills

Bancassurance sales

Data analysis

Relationship building

Communication skills

Job description

Roles and Responsibilities

• Manage Bancassurance channel sales performance, identifying areas of improvement and implementing strategies to increase revenue growth.
• Develop and maintain strong relationships with bank partners, ensuring seamless integration of insurance products into their offerings.
• Collaborate with cross-functional teams to launch new product initiatives, promotions, and campaigns across multiple channels (bancassurance & agency).
• Analyze market trends, competitor activity, and customer needs to inform business decisions and optimize sales strategies.
• Ensure compliance with regulatory requirements while driving business results.

Desired Candidate Profile

• 1-5 years of experience in Bancassurance Sales or related field (Insurance/Life Insurance).
• Strong understanding of bancassurance industry dynamics, including product knowledge and distribution networks.
• Excellent communication, negotiation, and interpersonal skills for effective relationship-building with banks/partners.
• Ability to analyze data-driven insights from MIS reports to drive informed decision-making.