A Kotak Life Insurance banca channel job role typically involves a sales or management position focused on selling insurance through bank branches. The main duties include recruiting and training bank staff (partners) to sell life insurance, generating and closing leads through the bank's customer base, and ensuring the partner channel remains productive and meets sales targets.
Key responsibilities
Channel management: Train and support the partner bank's employees on insurance products and sales processes.
Sales generation: Help partners generate leads, track sales, and achieve sales targets.
Partner development: Nurture the relationship with the partner bank and help its staff grow their insurance sales careers.
Customer-facing activities: Assist partners in customer interactions, understanding their needs, and recommending suitable products.
Feedback and improvement: Gather feedback from partners and customers to improve the selling process and product offerings.
Common job titles
Banca Channel Sales Manager
Bancassurance Sales Manager
Sales Manager - Banca Channel
Alternate Channel - Key Account Manager (KAM)