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249 Max Life Insurance Jobs

Associate Manager - Sales (Bancassurance)

1-5 years

Rajkot

1 vacancy

Associate Manager - Sales (Bancassurance)

Max Life Insurance

posted 1y ago

Job Description

  • The Associate Manager - Sales (Bancassurance) is responsible for driving sales and achieving business targets related to bancassurance products and services
  • This role involves working closely with banking partners and managing a team of sales professionals to generate revenue and increase market penetration

Key Responsibilities:

  • Sales Strategy Development: Develop and implement effective sales strategies to achieve business objectives, including identifying target markets, setting sales targets, and determining product positioning
  • Relationship Management: Build and maintain strong relationships with banking partners, including banks, financial institutions, and insurance companies, to maximize business opportunities and enhance customer experience
  • Team Management: Lead and motivate a team of sales professionals, providing guidance, coaching, and training to ensure their success in meeting sales targets and delivering exceptional customer service
  • Product Promotion: Collaborate with the marketing team to develop and execute promotional campaigns, sales materials, and training programs to support the sales efforts of bancassurance products and services
  • Market Research and Analysis: Conduct market research and competitive analysis to identify market trends, customer needs, and opportunities for business growth
  • Utilize data-driven insights to refine sales strategies and improve sales performance
  • Performance Monitoring: Track and monitor sales performance, analyze sales data, and generate reports to evaluate the effectiveness of sales strategies, identify areas for improvement, and make data-driven recommendations
  • Compliance and Regulatory Compliance: Ensure adherence to relevant laws, regulations, and compliance requirements in the insurance and banking sectors
  • Stay updated with industry developments and recommend necessary changes to policies and procedures
  • Customer Relationship Management: Foster strong relationships with customers, addressing their queries, resolving complaints, and ensuring customer satisfaction
  • Maintain a high level of customer service and professionalism

Qualifications and Skills:

  • Bachelor's degree in Business Administration, Marketing, or a related field
  • Proven experience in sales, preferably in the bancassurance or insurance industry
  • Strong leadership and team management skills
  • Excellent communication and interpersonal skills
  • Ability to build and maintain relationships with key stakeholders
  • Analytical mindset and ability to utilize data for decision-making
  • Sound knowledge of insurance products, banking processes, and regulations

Employment Type: Full Time, Permanent

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What people at Max Life Insurance are saying

4.2
 Rating based on 239 Associate Sales Manager reviews

Likes

Policy issuance very first

  • Salary - Excellent
    +6 more
Dislikes

Nothing every thing is good

    Read 239 Associate Sales Manager reviews

    Associate Sales Manager salary at Max Life Insurance

    reported by 667 employees
    ₹2 L/yr - ₹5 L/yr
    18% less than the average Associate Sales Manager Salary in India
    View more details

    What Max Life Insurance employees are saying about work life

    based on 5.2k employees
    52%
    46%
    53%
    99%
    Flexible timing
    Monday to Saturday
    Within city
    Day Shift
    View more insights

    Max Life Insurance Benefits

    Job Training
    Soft Skill Training
    Health Insurance
    Work From Home
    Team Outings
    Education Assistance +6 more
    View more benefits

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