The Cluster Manager – Bancassurance will be responsible for driving life insurance sales through partner bank branches within the assigned cluster. The role involves managing bank relationships, driving revenue targets, leading a team of Relationship Managers/BDMs, and ensuring business growth through the banca channel.

Key Responsibilities:

1. Business Development & Sales

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Drive life insurance sales through partner bank branches.

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Achieve cluster-level premium targets (APE / FYP / RWRP).

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Develop and implement sales strategies to maximize revenue.

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Monitor daily sales performance and pipeline management.

2. Relationship Management

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Build solid relationships with Bank Cluster Heads, Branch Managers, and key stakeholders.

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Ensure regular engagement with banking partners.

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Conduct joint sales calls with Relationship Managers.

3. Team Management

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Lead, mentor, and manage a team of Relationship Managers / Banca Officers.

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Conduct regular performance reviews and training sessions.

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Ensure productivity per RM as per company benchmarks.

4. Training & Activation

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Conduct training sessions for bank staff on life insurance products.

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Drive activation of new bank branches within the cluster.

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Improve product penetration across mapped branches.

5. Compliance & Process Adherence

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Ensure adherence to IRDAI guidelines and company compliance standards.

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Maintain documentation and process accuracy.

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Ensure proper issuance and persistency ratios.

6. Reporting & MIS

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Track daily/weekly/monthly sales numbers.

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Share MIS and performance reports with senior management.

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Monitor persistency and quality parameters.

Eligibility Criteria:

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Graduate / Post Graduate (MBA preferred).

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5–10 years of experience in Life Insurance / Bancassurance.

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Minimum 2–3 years of team handling experience.

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Strong experience in banca channel sales.

Key Skills Required:

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Strong leadership & team management skills

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Excellent relationship management

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📌 Cluster Manager- Patiala
🏢 Skywings Advisors
📍 Patiala