A Future Generali India Life Insurance Bancassurance job description involves driving life insurance sales through a partner bank's network, achieving sales targets, and managing the relationship with bank staff. Key responsibilities include generating leads from bank customers, conducting product training, cross-selling and up-selling insurance products, and handling the complete sales cycle from proposal to issuance.
Key responsibilities
Sales and target achievement: Meet pre-set business targets by proactively selling life insurance products through the bank's branches.
Lead generation: Drive lead generation initiatives using various methods like customer walk-ins, data mining, and referrals from bank staff and customers.
Relationship management: Build and maintain strong relationships with bank managers and employees to ensure their cooperation and push for sales.
Customer interaction: Meet bank customers, explain product features, customize plans based on their needs, and close sales.
Training and support: Train bank employees (partners SPOC) on Future Generali's products to help them understand and promote them effectively.
Sales cycle management: Follow up on leads, generate proposals, and manage the issuance of policies.
Prospecting: Identify and prospect new business opportunities from the assigned areas to ensure a consistent sales pipeline.
Performance and reporting: Track performance, report on sales activities, and ensure a desired persistency ratio is maintained.
Typical requirements
Education: Minimum graduate degree.
Experience:
Relationship Manager: 0-2 years experience, preferably in insurance sales.