Job Description
Role Description
Role Title
Business Development – Bancassurance
Function
Bancassurance
Locations
Mumbai
Job Purpose
To drive the Bancassurance business by identifying, pitching, and closing new bank tie ups aligned with the purpose of the organisation.
Roles & Responsibilities
Responsible for prospecting and pipeline creation for bank partners and potential business opportunity from the universe of all types of domestic banks in India
Developing bank-specific plans and strategies to develop a healthy sales pipeline across these various large corporate / group companies
Owns responsibility for outreach to banks Identifies new opportunities for bank collaborations
Builds relationships with new banks at the CXO level
Identify key personnel at banks driving the Bancassurance and set up meetings with them.
Driving the corporate program(s) leveraging key relationships existing within the firm and other contacts, tracking opportunities, and driving actions to maximise on bank partnerships
Aligning the strategic objectives of the organisation with those of the bank partner and working with bank teams across functions to arrive at common goals is a key deliverable
Developing content to support client meetings and exploratory conversations for senior management meetings
Prepare the pre-sales strategies and market intelligence on the prospect
Proactively generate ideas to develop and harness existing bank relationships for new business opportunities
Develop new long-term relationships to increase sales performance
Meet and exceed monthly & quarterly sales/meetings targets assigned to them
Experience and Qualification
Min
Education Qualification
MBA/ Post-Graduate/ Graduate
Relevant Work Experience and requirements
5-10 Years of relevant experience business development, Financial Services/Insurance background preferred.
Extensive experience across the complete sales cycle from lead mining to final closure.
Should have excellent communication skills and ability to present and have conversations with C-suite people
Confident and smart personality.
Should be willing to travel
Language Proficiency
English, Hindi
Role Title
Business Development – Bancassurance
Function
Bancassurance
Locations
Mumbai
Job Purpose
To drive the Bancassurance business by identifying, pitching, and closing new bank tie ups aligned with the purpose of the organisation.
Roles & Responsibilities
Responsible for prospecting and pipeline creation for bank partners and potential business opportunity from the universe of all types of domestic banks in India
Developing bank-specific plans and strategies to develop a healthy sales pipeline across these various large corporate / group companies
Owns responsibility for outreach to banks Identifies new opportunities for bank collaborations
Builds relationships with new banks at the CXO level
Identify key personnel at banks driving the Bancassurance and set up meetings with them.
Driving the corporate program(s) leveraging key relationships existing within the firm and other contacts, tracking opportunities, and driving actions to maximise on bank partnerships
Aligning the strategic objectives of the organisation with those of the bank partner and working with bank teams across functions to arrive at common goals is a key deliverable
Developing content to support client meetings and exploratory conversations for senior management meetings
Prepare the pre-sales strategies and market intelligence on the prospect
Proactively generate ideas to develop and harness existing bank relationships for new business opportunities
Develop new long-term relationships to increase sales performance
Meet and exceed monthly & quarterly sales/meetings targets assigned to them
Experience and Qualification
Min
Education Qualification
MBA/ Post-Graduate/ Graduate
Relevant Work Experience and requirements
5-10 Years of relevant experience business development, Financial Services/Insurance background preferred.
Extensive experience across the complete sales cycle from lead mining to final closure.
Should have excellent communication skills and ability to present and have conversations with C-suite people
Confident and smart personality.
Should be willing to travel
Language Proficiency
English, Hindi
💡 Quick Summary
Seeking a career-building opportunity? The Bancassurance | Business Development 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.
