Area Manager - Bancassurance

Area Manager - Bancassurance

Posted by Bajaj Life Insurance Limited

Chennai

Posted: imported by Jeevika

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The incumbent will be responsible for managing branch relationships, achieving business targets, mentoring Relationship Managers, and ensuring growth across the assigned territory.Key ResponsibilitiesDrive Bancassurance business through assigned bank branches.Achieve monthly, quarterly, and annual sales targets.Build and maintain strong relationships with Cluster Heads, Branch Managers, and Bank Officials.Recruit, train, and develop Relationship Managers within the territory.Conduct sales meetings, branch engagement activities, and product training programs.Ensure effective lead generation and conversion through bank channels.Monitor branch-wise productivity and implement action plans.Improve customer penetration and cross-selling opportunities.Maintain compliance and regulatory standards.Analyze market trends and competitor activities to identify growth opportunities.Eligibility CriteriaGraduate / Postgraduate from a recognized university.5-10 years of experience in Bancassurance, Insurance Sales, Banking Sales, or Channel Sales.Minimum 2 years of team handling experience.Strong understanding of Life Insurance products and sales processes.Excellent communication, stakeholder management, and leadership skills.Interested candidates can share their updated resume at [hidden] with the subject line "Application for Area Manager - Bancassurance". Role: Area / Territory Manager,Industry Type: Insurance,Department: BFSI, Investments & Trading,Employment Type: Full Time, PermanentRole Category: Life InsuranceEducationUG: Any Graduateread moreKey SkillsSkills highlighted with ‘‘ are preferred keyskillsTeam HandlingBancassuranceLife InsuranceTeam LeadershipSales ManagementStakeholder ManagementTerritory ManagementArea ManagementCluster ManagementRelationship BuildingBranch ManagementBancassurance SalesBancaInsurance SalesBanca SalesBranch HandlingAbout the companyBajaj Life Insurance Limited 3.8 7.4K employee reviewsFinancial ServicesInsuranceCorporatePrivateServiceFollow65.2k followers OverviewBajaj Life Insurance Limited, formerly known as Bajaj Allianz Life Insurance Company Limited, is one of India’s fastest-growing private life insurers. Our organisation is transitioning to being 100% owned by the Bajaj Group – a household name in India with a 100-year legacy of trust and credibility. As part of Bajaj Finserv Limited, one of the country’s most diversified and respected financial services groups, we bring innovation, a customer-first mindset, and technology-led solutions to the forefront. Today, we stand as a trusted partner to over 3.47 crore Indians in securing their future.At a Glance, numbers you should know₹1.40 Lakh Cr Assets Under Management266%^^^ Solvency Margin99.33%^ Claim Settlement Ratio598 Branches1.61 Lakh+ Insurance Consultants (as on May, 2026)27,300+ Bajaj Life Employees (as on May, 2026)We offer a diverse range of plans to support Life Goals at every stage. Our life insurance products ranging from ULIPs with Zero Allocation Charges to the SISO Investment Approach are built to drive long-term growth. Our holistic term plans address specific needs, whether it’s cover for diabetics, or the Superwoman Term Plan with enhanced critical illness benefits. Every product is thoughtfully designed to meet the Life Goals of millions of Indians.Driven by innovation and inclusivity, we remain committed in enabling customers achieve their Life Goals through value-driven, innovative products that are simple to understand, affordable and designed to address long-term needs such as protection, wealth creation, retirement planning, and more. These offerings are supported by a comprehensive suite of future driven, digital-first services across customer touchpoints, ensuring seamless accessibility and convenience.We have a robust distribution network of 598 branches and over 1,61,681 agents (as on May, 2026), complemented by partnerships with leading Indian banks as well as wide network of corporate agents, providing customers with convenient access to our products. read moreOur CultureOur value system drives each of our actions. Bajaj Allianz Life is an all-inclusive workplace, and we promote an open culture and celebrate our differences and uniqueness. When you are at Bajaj Allianz Life, we'd like you to be engaged, satisfied and motivated, hence our policies, systems and controls are designed to foster a positive and a highly invigorating working environment. This is to ensure you are not only enjoying your day-to-day work but are also getting future ready. We follow a simple, yet effective Inside Out Approach to empower all our colleagues, which is based on our key culture drivers. read moreCompany InfoLink:Bajaj Life Insurance Limited websiteBeware of imposters! Naukri.com does not promise a job or an interview in exchange of money. Fraudsters may ask you to pay in the pretext of registration fee, Refundable Fee…Read moreBajaj Life Insurance Limited rolesyou might be interested inBusiness Development Manager0-5 YrsNew DelhiPosted 9 Days AgoExecutive Sales Manager - ST (Field Sales)0-1 YrsNew Delhi(Lajpat Nagar +6)Posted 5 Days AgoUrgent Hiring ll PSB Bank0 YrsDelhi / NCR(Lajpat Nagar +7)Posted 17 Days AgoKey highlights at Bajaj Life Insurance LimitedSalary & BenefitsHighly ratedWork LifeHighly ratedCompany CultureHighly ratedSalary insightsArea Bancassurance Manager in Bajaj Life Insurance Limited typically earns between₹7.3 - ₹8.1 L/yrSee detailed salary breakupPowered byBenefits & PerksView all540 employees reported these benefitsLearning & Development SupportHealth & Wellness SupportTransport / Travel SupportPerformance BonusFree MealRelocation AssistancePowered by

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