A banca channel job involves working with banks to sell insurance products. Responsibilities include developing relationships with bank partners, achieving sales targets, providing customer service, and conducting sales presentations. Strong communication, interpersonal, and sales skills are essential.
Here's a more detailed breakdown:
Key Responsibilities:
Relationship Management:
Building and maintaining strong relationships with bank staff and management to drive sales.
Sales Target Achievement:
Meeting or exceeding sales targets for insurance products through the banca channel.
Product Promotion:
Conducting sales presentations and product training sessions for bank staff and customers.
Customer Service:
Providing excellent customer service to bank partners and their clients.
Sales Process Management:
Managing the sales process from lead generation to closure, ensuring proper documentation and compliance.
Market Analysis:
Monitoring market trends and competitor activity to adapt sales strategies.
Reporting and Analysis:
Tracking sales performance, identifying areas for improvement, and providing regular reports.
Cross-selling and Up-selling:
Identifying opportunities to cross-sell or up-sell insurance products to existing bank customers.
Training and Support:
Providing training and support to bank staff on insurance products and sales techniques.
Required Skills:
Sales and Relationship Management: Proven experience in sales and building strong client relationships.
Communication and Interpersonal Skills: Excellent verbal and written communication skills.
Product Knowledge: Understanding of insurance products and financial services.
Problem-Solving and Analytical Skills: Ability to analyze sales data and identify solutions.