Job Description
Location
Vikroli, Mumbai, Maharashtra
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 sales 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 the 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: ₹80,000.00 - ₹100,000.00 per month
Schedule:
Day shift
Supplemental Pay:
Performance bonus
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?
Work Location: In person
Vikroli, Mumbai, Maharashtra
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 sales 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 the 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: ₹80,000.00 - ₹100,000.00 per month
Schedule:
Day shift
Supplemental Pay:
Performance bonus
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?
Work Location: In person
💡 Quick Summary
Seeking a career-building opportunity? The Assistant manager- Bancassurance position is now open for candidates interested in the Bank 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 Bank Jobs is a plus.