10 Nov
|
Canara HSBC Life Insurance
|
Madurai
10 Nov
Canara HSBC Life Insurance
Madurai
Company Description Canara HSBC Life Insurance Company Limited, incorporated in 2007, is a joint venture led by Canara Bank and HSBC Insurance (Asia Pacific) Holdings Limited, with Punjab National Bank and other public shareholders as investors. Headquartered in Gurugram, Haryana, the company operates through more than 100 branch offices across India with a strong bancassurance-led distribution model. For over 17 years, it has offered a wide range of life insurance solutions, including term plans, retirement products, credit life, and employee benefit schemes, through partner banks and digital channels.
The organization combines the trust and reach of leading public and private banks to serve customers in Tier 1, 2, and 3 cities. Guided by its “Promises Ka Partner” philosophy, Canara HSBC Life Insurance focuses on simpler insurance offerings and faster claim processes to support customer commitments.
Role Description The Distribution Manager role is a full time, on-site position based in Madurai.
The Distribution
Manager is responsible for driving sales and business growth through bancassurance and other distribution channels, ensuring achievement of targets for assigned regions or branches. Day-to-day activities include managing and supporting partner bank branches, planning and executing sales strategies, monitoring performance metrics, and providing regular reporting. The role involves training and mentoring frontline sales teams,
coordinating marketing initiatives, and strengthening relationships with key stakeholders to enhance product penetration.
The Distribution
Manager will also ensure compliance with regulatory and company guidelines, maintain high standards of customer service, and collaborate closely with internal teams to optimize processes and outcomes.
Qualifications
- Strong sales and distribution management skills, with experience in driving targets and managing multi-channel or bancassurance networks.
- Proficiency in relationship management and stakeholder engagement, particularly with bank partners and branch leadership.
- Capability in planning, performance monitoring, and data-driven decision-making using sales and productivity metrics.
- Experience in coaching, training, and developing sales teams to improve product knowledge and selling skills.
- Good understanding of life insurance products, regulatory requirements, and compliance standards.
- Excellent communication and presentation skills, with the ability to collaborate across functions and work in a fast-paced environment.
- Bachelor’s degree in business, finance, marketing, or a related field; an advanced degree or relevant professional certification in insurance or financial services is an advantage.
- Prior experience in life insurance, financial services, or bancassurance distribution in regional markets similar to Madurai is preferred.
📌 Distribution Manager (Madurai)
🏢 Canara HSBC Life Insurance
📍 Madurai