Corporate Agency Manager

This vacancy is for leading Life Insurance Company supported by one of the largest bank of the world. This will be for Banca Channel.

Responsibilities

Bancassurance Sales Strategy: Develop and implement a comprehensive sales strategy for the Bancassurance channel in alignment with the company's overall sales objectives

Set ambitious sales targets and develop plans to achieve them

Relationship Management: Build and maintain strong relationships with partner banks, including key decision-makers and stakeholders

Collaborate with bank representatives to understand their business goals, customer needs, and market dynamics

Work closely with the bank's sales teams to train, motivate, and support them in promoting insurance products to their customers

Monitor market trends, competitor activities, and customer preferences to identify sales opportunities and adapt sales strategies accordingly

Collaborate with the marketing team to develop and implement promotional campaigns and sales support materials

Product Knowledge and Training: Stay updated on insurance products, industry trends, and regulatory requirements

Provide training and product knowledge sessions to bank employees to enhance their understanding of insurance offerings and enable effective cross-selling

Sales Performance Analysis: Analyze sales data, performance metrics, and key performance indicators (KPIs) to evaluate the effectiveness of sales strategies and activities

Identify areas of improvement and implement corrective actions to achieve sales targets

Compliance and Risk Management: Ensure compliance with regulatory requirements, internal policies, and industry standards

Stay updated on insurance laws and regulations affecting the Bancassurance channel

Implement effective risk management practices to mitigate operational and compliance risks associated with sales activities

Relationship with Insurance Providers: Foster strong relationships with insurance providers and underwriter

Qualifications

UG: Any Graduate

PG: Any Postgraduate