Assistant Vice President - Bancassurance

HDFC ERGO

18 - 25 years

Mumbai

Posted: 25/06/2025

Job Description

Bancassurance strategy & execution

  • In charge of executing efficient and aggressive business strategies and achieving the budget
  • Responsible for encouraging the diversity and controlling the attrition 
  • Estimating sales volume and profit for existing and new items (MCOR-Marginal Combined Operating Ratio)
  • Responsible for sourcing business from all the products that they manage as per the budget
  • Responsible for direct reporting of 6 Zonal Sales Manager & 1 Key Accounts Manager

Engagement with channel

  • Maintaining team and channel relationship 
  • management and ensuring the same is adhered by the internal team members
  • Proposing contest with the channel partners to help achieve the business numbers

Coordination with internal & external team 

  • Coordinating with the product team for product or system development along with the changes on the product as well as coordinating with the HR team for recruitment purpose
  • Daily coordination with their internal team via hurdles calls or one to one call

Compliance & Adherence

  • Ensuring all the activities including conducting contests to following new and existing processes are following the required compliance and adherence requirement

Key Requirements- Education & Certificate:

  • Post Graduate from a reputed institute will be preferred

 

 

Key Requirements- Experience & Skills:

  • Excellent communication & coordinating skills are required
  • Proven experience of 17+ years in the similar role is required
  • Preference will be given to the candidate with existing sales knowledge & bancassurance industry

About Company

HDFC ERGO General Insurance is a leading private sector general insurance company in India, formed as a joint venture between HDFC Ltd. and ERGO International (a part of the Munich Re Group). The company offers a wide range of insurance products including health, motor, travel, home, and commercial insurance. Known for its customer-centric approach, strong digital infrastructure, and quick claims processing, HDFC ERGO serves millions of individuals and businesses across the country, making it a trusted name in the Indian insurance industry.

Services you might be interested in

One-Shot Campaign

Reach out to ideal employees in one shot!

The intelligent campaign for reaching out to the ideal audience to whom you can ask for help (guidance or referral).