Business Development Manager

15,200 - 26,000 /month

India First Life

Sector-9 Panchkula, Panchkula

0 - 6+ years Experience in Sales / Business Development

5 Openings

Full Time

Skills Required

Cold Calling

Lead Generation

Job Highlights

Graduate and above

All genders

09:00 AM - 06:00 PM | 6 days working

Job Description

ob Description — Bancassurance Channel (B1 Level)

Position: Bancassurance Officer (B1)
Department: Sales / Distribution – Bancassurance
Reporting To: Bancassurance Manager / Zonal Head

Role Overview

Drive the life insurance distribution business through bank partners (e.g., Union Bank of India tie-up with IndiaFirst Life Insurance). Focus on growing insurance sales, managing partner relationships, and ensuring compliance with bancassurance processes.

Key Responsibilities

Manage and grow bancassurance business through assigned bank partners.
Achieve sales targets for life insurance products (term plans, savings plans, health riders).
Coordinate with bank relationship teams to enhance product penetration.
Train and motivate bank staff/sales teams on product features & sales techniques.
Monitor the sales funnel — leads, conversions, closures, renewals.
Ensure KYC, compliance, and documentation accuracy.
Provide periodic MIS & reports to regional/bancassurance leadership.

Skills & Competencies

Good communication & interpersonal skills
Basic knowledge of life insurance products & bancassurance model
Target-driven with focus on customer engagement
Ability to collaborate with bank staff and internal teams
Analytical mindset for tracking performance metrics

Experience & Education

Bachelor’s degree (preferably in Business/Finance/Marketing)
1–3 years experience in insurance sales / bancassurance / financial sales
Prior exposure to bank partnerships is a plus

Delivery Focus

Drive revenue growth via the Union Bank of India – IndiaFirst Life Insurance channel.
Strengthen partner engagement, product awareness, and sales execution.

Other Details

It is a Full Time Sales / Business Development job for candidates with 0 - 6+ years Experience.

More about this Business Development Manager job

Can freshers or experienced candidates apply for this Business Development Manager role?
Ans : Candidates who have a Graduate and above qualification with 0-7 years of experience can apply for this Business Development Manager role.
What salary is offered for this Business Development Manager job?
Ans : The salary for this Business Development Manager job ranges between ₹15,000-₹26,000 per month.
What are the working days and timings for this job?
Ans : This Business Development Manager job has 6 days working days and timings from 09:00 AM - 06:00 PM.
Do you need to visit the office for this job?
Ans : Yes, candidates need to visit the office and work from the location in Sector-9 Panchkula, Panchkula.
How many openings are available for this position?
Ans : There are 5 openings available for this position.
Is this job open for all genders?
Ans : Yes, this Business Development Manager job is open for both male and female candidates.
What does the role of Business Development Manager involve?
Ans : As a Business Development Manager, your work will involve skills like Cold Calling, Lead Generation. This role is part of Sales / Business Development category.
Where is this job located?
Ans : This Business Development Manager job is located in Sector-9 Panchkula, Panchkula.
What kind of candidate is ideal for this job?
Ans : A candidate with skills like Cold Calling, Lead Generation along with 0-7 years of experience is ideal for this Business Development Manager job.
Why should you apply for this Business Development Manager job?
Ans : This Business Development Manager job offers a salary between ₹15,000-₹26,000 per month. This is a Full Time opportunity and has 5 openings available.