To build and maintain strong progressive partnership with the Bank in the assigned Cluster, by supporting and contributing to bank partner's strategy, adhering to the bank's norms and agreed guidelines, achieving operational excellence thereby delivering best in class pre and post sales and support services, ensuring speed in delivery and achieving company's business targets and promoting business growth.

Job Context:

- Bancassurance is the insurance distribution model wherein the bank allows an insurance company to sell its products to the bank's client base. Company tied up with Bank in March 2024 to sell its insurance products through the Branch Banking Channel.

- Open Architecture model empowers the customers now to select their Life insurance plans from more than one insurer as per their choice at competitive prices. It also lowers chances of Mis selling, with the intervention of multiple regulators like Reserve Bank of India (RBI) and Insurance Regulatory and Development Authority of India (IRDAI).

- Build effective relationship with the bank partner and become their first preferred insurer

- Plan and achieve business targets through the team of CM, FLS and SPs in the bank

- Ensure to increase SP Activisation and selling of greater NOPs through the Team of CM and FLS for greater distribution of company's products

- Ensure selling of right Product Mix as defined by the organisation to achieve overall business growth and profits.

- Identify and implement new business opportunities within the allocated area to enhance penetration

- Implement activities / programs designed at the organisational level to build great visibility, promote branding and strengthen our relationship with the bank.

- Train and appraise the bank staff on company's products thereby creating a mind space and easy recall for them.

- Ensure right method of business acquisition and absolutely 0 % mis selling

- Enable the Team of CM to train FLS in order to independently sell company'sproducts by mapping customer needs correctly

- Support the team of CM and FL on closing critical Sales call by demonstrating and mentoring them.

- Support and guide the CM Team to ensure smooth functioning of the internal cross functional Teams and help them to overcome any roadblocks in policy logging and issuance

- Train the team of CM and FLS to carry out end to end process of policy logging and issuance first time right to ensure speedy delivery and 0% leakage

- Establish efficient methods to respond to customer queries and maintain persistency levels.

- Enable Team to cross sell and Upsell company's products as per the customer requirements