Assistant Vice President - Bancassurance

Key Roles & Responsibilities:

Bancassurance strategy & execution

· In charge of executing efficient and aggressive business strategies and achieving the budget

· Responsible for the top-line and bottom-line financial numbers

· Estimating sales volume and profit for existing and new items (MCOR-Marginal Combined Operating Ratio)

· Designing, implementing and executing strategies for continuous growth

· In charge of the profitability management of the zone

· Periodic reviewing of team performance and setting agendas

· Responsible for managing a volume of 10 Crore

· Responsible for the training needs of the team

· Ensuring ample manpower requirements

· Responsible for encouraging the diversity and controlling the attrition

· Accountable for the increase in Gross written Premium, Market share

· Responsible for attending the High Net-worth Individuals (HNI)

· Responsible for sourcing business from all the products that they manage as per the budget

· Responsible for approximately direct reporting of 6 to 7 Sales Managers

Engagement with channel

· Maintaining team and channel relationship management and ensuring the same is adhered by the internal team members

· Increasing engagement with Channel partners through product training, drives or contests and conducting Indoor/outdoor activities to get the required business numbers

Coordination with internal & external team

· Manage relationship across the bank internally & externally

· Ensure relationship managing between Bancassurance and daily coordination with their internal team via huddle 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:

· Efficient team management, channel management, communication skills

· Proven experience of 10+ years is required

· Preference will be given to the candidate with existing sales knowledge & bancassurance industry