A Bancassurance Relationship Manager (RM) typically acts as the link between the insurance company and the bank branch, driving insurance business through the bank’s customer base. Key Responsibilities Business Generation Achieve monthly/quarterly insurance targets. Generate new business through bank customers. Focus on premium, NOP, term plans, and other insurance products. Bank Branch Relationship Maintain strong relationships with Branch Managers and bank staff. Conduct regular branch visits. Coordinate with bank employees for customer referrals and leads. Lead Management Collect leads from the bank branch. Follow up with customers and convert leads into policies. Ensure daily lead entry and proper lead tracking. Customer Meeting & Sales Meet customers referred by the bank. Understand their financial/protection needs. Explain suitable insurance products, benefits, premiums, and terms. Close sales and complete documentation. Policy & Process Management Coordinate login, documentation, medical requirements, underwriting and issuance. Follow up on pending cases until policy issuance. Ensure correct and timely submission of documents.



Renewal & Persistency Follow up on renewal premiums. Support customers to maintain policies. Reduce policy lapses and improve persistency. Daily Reporting Update daily login, premium, leads, meetings and collections. Share commitments and achievement reports with the Area/Regional Manager. Training & Activation Train and motivate bank staff to generate insurance leads. Conduct product updates and sales discussions. Activate inactive branches/staff and improve business productivity. Significant KPIs NOP (Number of Policies) Premium / APE Term Plan Business Lead Generation & Conversion Renewal Collection Branch Activation Customer Meetings Policy Issuance Target Achievement In simple terms: Bank branch → Lead → Customer meeting → Insurance proposal → Login → Medical/Underwriting → Policy issuance → Renewal & customer servicing.

Pay: ₹20,000.00 - ₹30,000.00 per month

Benefits:

- Flexible schedule
- Health insurance
- Leave encashment
- Life insurance
- Provident Fund

Experience:

- ISO 20000: 1 year (Required)

Work Location: In person

📌 Relationship Manager (Bancassurance) (India)
🏢 Bajaj Life Insurance
📍 India