Deputy Manager - Bancassurance

HDFC ERGO

2 - 5 years

Mumbai

Posted: 25/06/2025

Job Description


Key Roles & Responsibilities:

Bancassurance strategy & execution

· Designing strategies for continuous growth. Further, allocating the penetration percentage targets to the team

· Ensuring maximization of profit through cross-selling of products

· Regular interaction and co-ordination with the line managers, channel partners, Third-Party Team (TPT) and line team of the bank

· Maintaining profitable product mix along with estimating sales volume and profit for existing and new items

· Providing the required training to the team and providing periodic review of team performance and setting agenda

· Responsible for timely hiring, maintaining and encouraging the diversity and controlling the attrition

· Responsible for grooming and hand-holding of the direct reportee's including Key Accounts Manager and up to 4 Zonal Sales Managers

Engagement with channel

· Ensuring team and channel management through product training and R&R (Reward & Recognition) drives

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

Coordination with internal & external team

· Daily coordination with their internal team via huddle calls or one to one call along with managing relationship across the bank internally & externally

· Relationship managing between interdepartmental teams


Compliance & Adherence

· Ensuring all the activities including conducting R&R (Rewards & Recognition) to following new and existing processes are following the required compliance and adherence requirements

Key Requirements- Education & Certificate:

· Post Graduate from a reputed institute

Key Requirements- Experience & Skills:

· Efficient team management, channel management, communication skills

· Proven experience of 17+ years is required

· Preference will be given to the candidate with Bancassurance industry background

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.

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