Assistant Manager – Bancassurance

💰 ₹21,600 - ₹34,560 (Est.) 📍 Mumbai

Job Description

Location
Vikhroli, Mumbai, Maharashtra
 
Benefits
Pulled from the full job description
 
Full job description
Job Title: Assistant Manager – Bancassurance

Department: Bancassurance

Function: Sales and Distribution

Grade: M2A

Location: Head Office – Mumbai

Reports to: Assistant Vice President – Bancassurance

Work Timing: 10:00 AM to 7:00 PM

Work Days: Monday to Saturday

Role Summary

We are looking for a dynamic and motivated Assistant Manager – Bancassurance to support strategic and program management initiatives for private sector banks and alternate distribution channels. The role focuses on program execution, new partner acquisition, relationship management, and governance to drive business outcomes.

Key Purpose of the Role

Program Management
Strategic Planning
Sales Governance
Relationship Management
Target vs. Achievement Tracking for New Partner Acquisition
Key Responsibilities

Program Management & New Acquisitions
Manage key business development projects for NBFCs, insurtechs, and other assigned partners.
Drive execution through coordination with internal teams, aligning resources, setting processes, and tracking deliverables.
Strategic Planning
Develop actionable strategies for business expansion based on LOT (Line of Thought) analysis.
Collaborate with multiple departments and stakeholders to implement growth initiatives and optimize existing opportunities.
Sales Governance & Budget Achievement
Monitor performance against business targets from assigned partners.
Identify areas for improvement, recommend product fitment, and drive corrective actions to achieve revenue goals.
Relationship Management
Build and nurture strong relationships with key stakeholders within NBFCs, insurtechs, and partner organizations.
Ensure alignment on goals, business expectations, and execution plans.
New Partner Acquisition
Contribute to acquisition of new partners by identifying opportunities, initiating dialogues, and supporting onboarding processes.
Ensure 100% target achievement on partner acquisition KPIs.
Qualifications & Experience

Education : MBA (Preferred specialization in Sales, Marketing, Finance or Strategy)

Experience : 0–2 years of experience in BFSI, partnerships, strategy, or business development roles

Key Behavioural Skills

Customer-centric approach with empathy and care
Collaborative and trustworthy team player
Open to feedback and continuous learning
Adaptable, curious, and open to experimentation
Results-oriented with strong time management
Digitally inclined with a focus on innovation
Uses data to drive decision-making
Stakeholder-savvy and proactive communicator
Functional Skills

Strong proficiency in MS Office (Excel, PowerPoint, Word)
Excellent coordination and stakeholder management
Clear and effective communication
Ability to manage multiple priorities and deliver under tight timelines
Job Type: Full-time

Pay: ₹800,000.00 - ₹1,000,000.00 per year

Benefits:

Provident Fund
Schedule:

Day shift
Application Question(s):

Do you have experience program management and executing business development projects for NBFCs or insurtechs?
Do you have experience monitoring sales performance and driving corrective actions to meet revenue targets?
Do you have experience managing end-to-end program execution in a bancassurance or BFSI environment?
Education:

Master's (Required)
Experience:

Business development: 2 years (Required)
Work Location: In person

 

💡 Quick Summary

Seeking a career-building opportunity? The Assistant Manager – Bancassurance position is now open for candidates interested in the Office Assistant Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Office Assistant Jobs is a plus.

Sponsored

Job Details

Company Name: Opt4solution pvt ltd

Frequently Asked Questions

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The expected salary for Assistant Manager – Bancassurance in Mumbai is ₹21,600 - ₹34,560 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Assistant Manager – Bancassurance is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Assistant Manager – Bancassurance. Previous experience in Office Assistant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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