Branch Head Banca|Life Insurance|Gujarat

Job Description

JOB TITLE: BRANCH HEAD-BANCA|LICompany Overview: We are currently recruiting for the role of Branch Head within leading life insurance companies specializing in Bancassurance (Banca).Key Responsibilities:
• Drive Insurance Sales: Take charge of insurance sales through the Bancassurance channel, ensuring targets are met and strategic business objectives are achieved.
• Branch Operations Management: Efficiently manage operations at bank branches in collaboration with channel partners to enhance efficiency and deliver superior business outcomes.
• Stakeholder Engagement: Regularly engage with cluster heads and bank personnel to align operations with overarching business goals and ensure smooth execution.
• Support Relationship Manager (RM) Performance: Provide strategic guidance and support to Relationship Managers (RMs) to help them meet sales targets, emphasizing persistency and productivity.
• Recruitment and Training: Oversee high-quality recruitment efforts in the assigned territory. Conduct comprehensive training sessions at bank branches, engage with high-net-worth clients, and conduct performance reviews with Sales Managers and Branch Managers for continuous improvement.
• Monitoring and Reporting: Utilize advanced Management Information Systems (MIS) to meticulously monitor sales metrics, coordinate contests, and manage effective training initiatives for both channel partners and internal teams.
• Issue Resolution and Support: Provide expert guidance to channel partners employees and internal RMs on various operational aspects such as submissions, policy issuance, and timely resolution of customer inquiries.
• Relationship Management: Foster strong relationships with Bank Cluster Heads to evaluate business performance, promote collaboration, and drive operational efficiencies.
• Sales Performance Oversight: Monitor case volumes and product mix to ensure consistent achievement of sales targets by both team members and individual contributors.
• HR Coordination: Collaborate closely with the HR department to strategically plan recruitment activities and provide crucial support to RMs in their professional development.
• Process Adherence: Maintain strict adherence to Standard Operating Procedures (SOPs) and sales processes to uphold operational standards and ensure compliance with regulatory requirements.
• Business Targets: Successfully achieve New Business (NB) premium targets, activate RMs effectively, and maintain a diversified product portfolio to maximize revenue opportunities.
If interested, please feel free to call us @hidden_mobile or can mail us onneha.verma@lavyaassociates.com.

Keyskills :
insurancebanca salesbfsi salessalesinsurance salesbancassurance sales