Company Description Canara HSBC Life Insurance Company Limited, incorporated in 2007, is a joint venture backed by Canara Bank, HSBC Insurance (Asia Pacific) Holdings Limited, Punjab National Bank, and other public shareholders. Headquartered in Gurugram, Haryana, the company operates more than 100 branch offices across India with a strong bancassurance-led model. It offers a broad portfolio of life insurance solutions, including term plans, retirement solutions, credit life, and employee benefit products for individual and group customers.

Distribution is driven through partner banks such as Canara Bank, HSBC Bank, and other bancassurance partners across Tier 1, 2, and 3 cities, supported by digital channels. Guided by its “Promises Ka Partner” philosophy, the company focuses on simpler insurance offerings and faster claim processes to help customers protect and fulfill their long-term financial commitments.

Role Description The Cluster Business Head role is a full-time, in office position based in Nellore, responsible for driving business growth and profitability across an assigned cluster of branches. This role oversees sales performance, develops and executes local business plans, and ensures achievement of insurance sales targets through bancassurance and other approved distribution channels.

The Cluster Business

Head leads, mentors, and motivates branch and frontline teams, ensuring consistent activity management, pipeline tracking, and adherence to company processes and compliance standards.



Day-to-day responsibilities include building strong relationships with partner bank stakeholders, monitoring key metrics, conducting regular reviews, and implementing initiatives to improve customer acquisition, retention, and cross-sell. The role also involves coordinating training and capability-building activities, ensuring superior customer experience, and providing market feedback to influence product, pricing, and promotional strategies.

Qualifications

- Strong sales and business development capabilities, including experience in driving revenue, managing sales pipelines, and achieving ambitious targets in financial services or insurance.
- Proven leadership and people management skills, with a track record of leading teams, coaching performance, and managing stakeholder relationships across multiple branches or regions.
- Commercial acumen and strategic thinking, with the ability to analyze market trends, interpret business reports, and develop localized plans to grow cluster profitability.
- Operational and process management skills, including experience in compliance, risk management, activity tracking, and implementing standardized sales and service processes.
- Excellent communication, negotiation, and interpersonal skills, with the ability to engage senior bank officials, internal teams, and customers effectively.
- Graduate degree in any discipline; a postgraduate degree or professional qualification in business, finance, or insurance is preferred.
- Relevant experience in life insurance, bancassurance, or banking, ideally in a regional or cluster leadership role.
- Comfort with using CRM tools,

📌 Cluster Business Head (Nellore)
🏢 Canara HSBC Life Insurance
📍 Nellore