Deputy Manager - Bancassurance

HDFC ERGO

2 - 5 years

Pune

Posted: 25/06/2025

Job Description

Description: We will be hiring at National Sales Manager (NSM) level in the B1 HDFC BANK channel sharing the required details:

Brief about the vertical: B1 HDFC BANK Channel

This role will fall under the Bancassurance vertical. Among the 2 major sub-divisions of bancassurance namely HDFC BANK and the Key Relationship Group (KRG), this role will be under the HDFC BANK vertical. The employee will be responsible for the following work under this Channel:

Role: National Sales Manager

Reports to: Head of Department

Grade: SM1

Key Roles & Responsibilities:

Bancassurance strategy & execution

·Designing strategies for continuous growth. Further, allocating the penetration percentage targets of HDFC products and retail assets to the team

·Ensuring maximization of profit through cross-selling health insurance to personal, business and gold loans

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

·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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