Job openings for Sales Manager Bancassurance in Ludhiana

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 bank’s 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 bank’s 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.
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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.