Cluster head - Bancassurance

Role & responsibilities

• Sales & Revenue Generation: Drive life insurance penetration and meet overall premium and revenue targets across the assigned circle.
• Partner Management: Build and nurture relationships with Banking Partners, Circle Heads, and Branch Managers to maximize channel activation. [1, 2]
• Team Leadership: Recruit, train, and mentor a large sales hierarchy, including Cluster Managers, Area Managers, and Relationship Managers.
• Strategy & Campaigns: Design and execute regional sales promotions, customer engagement activities, and Rewards & Recognition (R&R) programs.
• Compliance & Training: Ensure the Bancassurance team maintains high operational compliance and conducts regular product training for bank staff

Preferred candidate profile

• Experience: Typically 8 to 15+ years in the Life Insurance industry, specifically within Bancassurance and Banking Alliances.
• Education: Minimum Graduate in any discipline; Post-graduate degree (MBA/PGDM) or certifications are preferred.
• Skills: Strong expertise in Open Architecture partnerships, strategic bank collaboration, and large-scale team management.