Associate Sales Manager - Branch Banking

Job Description

Job TitleAssociate Sales ManagerLocationBranch Name (as per requirement)DepartmentBancassuranceFunctionBancassurance YBL - SalesReporting toCenter ManagerBand5AFunction Summary

TheBancassurance Department within Axis Max Life Insurance plays a critical role in driving the distribution of life insurance products through our strategic partnership with Yes Bank. This department leverages Yes Bank’s existing customer base and infrastructure to offer insurance solutions.

Bancassurance Department serves as a bridge between Axis Max Life Insurance Company and Yes Bank, ensuring that insurance products are effectively marketed and sold to a wide customer base, while maintaining high standards of customer service, compliance, and performance.

Below is a summary of the key functions typically performed by the Bancassurance Department:

Sales and Distribution Management

Customer Relationship Management

Compliance and Regulatory Oversight

Job Summary

This role involves establishing and strengthening relationships with branch managers and staff to generate leads, the candidate will actively participate in branch activities. The incumbent will be responsible for closing sales and ensuring follow-up on issuance.

A key aspect of the role is to increase the bank’s customer awareness about life insurance solutions and achieve targeted penetration of cross-sell within the branch’s customer base. The candidate will effectively drive reward and recognition programs for bank staff and regularly train them on life insurance concepts and new product introductions.

Key Responsibilities

Establishing strengthening relationship with branch manager staff to gain leads from them.

Involvement in work site activities (putting up stalls and making presentations in corporate.

Closing sale and following up on issuance.

Increasing bank’s customer awareness about Life Insurance solutions and achieve the targeted penetration on cross sell within the branch’s customer base.

Drive effectively the Reward and recognition programs launched for the bank staff.

Train the bank staff regularly on concepts in life insurance and new product introductions.

Key skills required

Communication skills

Strategic thinking

Product Knowledge

Problem solving

Time management

Customer relationship management

Deal closing skills

Goal oriented

Customer centricity.

Desired qualification and experience

Graduate/ Post Graduate in any discipline

2 to 4 years of experience in sales

Good communication skills – English regional language (preferred)

Age group: 22-28 years

Preferably has own conveyance