Relationship Manager Banca

Full Time

    IDBI Federal Life Insurance Co. Ltd.

  • Posted Date : 23 May 2017
  • Job Views : 571
  • Job Applicants : 2
Job Details
  • Experience : 1 - 3 years
  • Industry : Banking / Financial Services / Broking
  • Other Salary Offerd: not mention
  • Functional Area : Banking / Insurance / Financial Services
  • Number of Vacancy : 15
  • Role : Bancassurance Executive / Manager
  • Job Location : Bengaluru / Bangalore ,Mysore
  • Gender : Both
  • Qualification : Any graduate(Any)
Job Description

1.Sales: Accept leads generated from in-branch lead generators as well as warm leads provided by the bank from the database as well as generate own leads. Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from the companys product range, gain customer agreement to purchase, accurately complete sales documentation.

2. Incentive programs: Cascade the incentive programs & ensure complete success in implementation of the same. Sales completion process: Responsible for sales completion by facilitating completion of medical reports & ensuring prompt issue of policy document, New markets/segments: Explore opportunities to develop new markets/ segments in line with company sales strategy from time to time.

3. Cross Sell/ Up-Sell: Build a good customer base in order to explore opportunities to cross-sell & up-sell, Obtain referral to further prospects where appropriate.

4. Relationship Building:Build long term relationship with the bank staff & clients by responding appropriately to all bank/client queries either directly received or forwarded by the service company.
Know all the branch managersrelationship managers & employees of all assigned branches on a personal level.

5. Customer Relationship Management: Arrange meetings of banks branch managers & staff with existing clients at least once a year, acknowledging birthdays & anniversaries to review their financial circumstances & life insurance needs as well as to obtain referrals to further prospects.

6. After Sales Service: Accept & follow up on suggestions, request & complaints received from clients, ensure claim requests are serviced

7. Performance review: Proactively ensure performance review by submitting various sales reports as per agreed frequencies in order to ensure performance targets are achieved & exceeded, ensure meetings with manager to agree on targets & to review performance. Use these forums to discuss issues of business development.

8. Training & Development:
Participate in relevant training arranged by the company, take initiative to keep abreast of developments in products & services, company policies, procedures, sales process & organization. Keep up to date with market developments by reading newspapers, journals & through personal contacts.
Deliver the snap modules at bank branch level as formulated by the training team

9. Supporting colleagues & bank sales team: Support other Relationship Managers and the bank sales team where requested by the sales manager by coaching them in company knowledge, products, services & selling skills, accompanying them on client visits & modeling relevant behavior.

Need Candidates from Life insurance only

Skills Required

Key Requirements
      Please refer to the Job description above
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