Dear Aspirant,

Greetings from SUD Life Insurance...!!!

We have an opening for the position of Territory Manager - Banca Channel at our Chennai location.

Candidates with experience in Bancassurance, Insurance Sales are invited to apply.

Position Details

Job Title: Territory Manager- Banca Channel

Channel: Bancassurance Channel

Locations: Chennai & Thanjavur.

Industry: Insurance (Mandatory)

Qualification: Any Graduate

Experience: 5 to 10 years in the Insurance Industry

Key Responsibilities:

Team Handling Role: 6-8 team of RM's

Sales & Business Development

- Achieve monthly, quarterly, and annual sales targets for the assigned territory.
- Drive life insurance sales through partner bank branches.
- Generate leads and convert them into insurance business.
- Ensure consistent growth in premium collection and policy issuance.
- Identify recent business opportunities within the assigned banking network.

Relationship Management

- Build and maintain strong relationships with Branch Managers and bank staff.
- Act as the primary point of contact between the insurance company and partner bank branches.
- Resolve partner concerns and ensure high levels of service satisfaction.
- Conduct regular branch visits and business reviews.

Training & Activation

- Train bank employees on insurance products, sales processes, and regulatory guidelines.
- Conduct joint customer meetings with bank relationship managers.
- Organize sales campaigns, customer awareness programs, and branch activation activities.




- Motivate bank staff through engagement and recognition programs.

Customer Engagement

- Understand customer financial and protection needs.
- Recommend suitable insurance solutions.
- Maintain high standards of customer service and compliance.
- Ensure proper documentation and policy issuance processes.

Performance Monitoring

- Track branch-wise sales performance.
- Analyze sales trends and identify improvement opportunities.
- Prepare and submit daily, weekly, and monthly sales reports.
- Monitor productivity and business conversion ratios.

Compliance & Governance

- Ensure adherence to IRDAI regulations and company policies.
- Maintain audit-ready documentation and records.
- Follow ethical selling practices and customer-first principles.

Key Performance Indicators (KPIs)

- Premium achievement against target.
- Number of policies sold.
- Active bank branch productivity.
- Lead conversion ratio.
- Customer retention and persistency.
- Training sessions conducted.
- Partner engagement score.

Eligibility Criteria:

Experience in Life Insurance is mandatory

Strong Banca channel exposure

Proven people management and leadership capabilities

Track record of driving business growth and team productivity

Interested Candidates Please share your updated resume at: [email protected]

Contact Details

Sriranganathan D (phone hidden) [email protected]

Join SUD Life Insurance and be a part of our exciting growth journey in the Banca Channel!

Thanks & Regards,

Sriranganathan D

SUD Life Insurance

📌 Territory Manager - Banca Channel - Chennai - Tamil Nadu
🏢 Star Union Dai ichi Life Insurance (SUD Life)
📍 Chennai