Senior Manager - Bancassurance

HDFC ERGO

13 - 19 years

Pune

Posted: 25/06/2025

Job Description

Description:  We will be hiring at Area Sales Manager (ASM) level in the B4 Branch Banking channel sharing the required details:

Brief about the vertical: B4 Branch Banking 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: Area Sales Manager 

Reports to: Zonal Sales Manager

Grade: M1/M2 (Sr. Manager/Assistant Vice President)

Key Roles & Responsibilities:

Bancassurance strategy & execution

  • Designing, implementing and executing strategies for continuous growth. Further, discussing and allocating the penetration percentage to the team
  • Ensuring achievement of the GWP (Gross Written Premium) numbers, market share and the penetration of the budgeted numbers 
  • 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 5 to 7 Sales Managers

Engagement with channel

  • Ensuring team and channel management through product training and R&R (Rewards & 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 the internal team via huddles 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 will be preferred

Key Requirements- Experience & Skills:

  • Efficient team management, channel management, communication skills
  • Proven experience of 8+ 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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