Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited.
Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.
Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.
#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply
Job Description:
Job Title: Associate Sales Manager - Bancassurance
Company Name: Axis Max Life Insurance
Job Description:
The Associate Sales Manager - Bancassurance will be responsible for driving sales and maintaining relationships with bank partners to promote and sell life insurance products. This role involves collaborating closely with the bank's sales teams to identify potential customers and execute effective sales strategies. The Associate Sales Manager will be tasked with expanding the customer base by providing product knowledge, conducting training, and ensuring compliance with regulatory standards. Additionally, the role requires monitoring sales performance, developing sales initiatives, and achieving sales targets.
Key Responsibilities:
- Establish and maintain strong relationships with bank partners.
- Train bank staff on life insurance products and their benefits.
- Identify and pursue new sales opportunities within the bank’s customer base.
- Support bank sales teams in achieving monthly and quarterly sales targets.
- Monitor market trends and competitive landscape to optimize sales strategies.
- Ensure compliance with all regulatory requirements and company policies.
- Conduct regular performance reviews and provide feedback to bank staff.
- Collaborate with internal teams to enhance product offerings and customer service.
Skills and Tools Required:
- Strong sales and negotiation skills.
- Excellent communication and interpersonal skills.
- Ability to build and maintain relationships with clients and partners.
- Proficiency in analyzing market data and sales reports.
- Knowledge of insurance products and the bancassurance channel.
- Familiarity with CRM software and sales tracking tools.
- Ability to work collaboratively in a team-oriented setting.
- Strong problem-solving abilities and attention to detail.
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
Qualifications:
- Bachelor’s degree in Business Administration, Finance, Marketing, or a related field.
- Minimum of 2-4 years of experience in sales, preferably in insurance or financial services.
- Prior experience in bancassurance will be an added advantage.
- Relevant certifications in insurance sales will be beneficial.