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IDBI Federal Life Insurance Co. Ltd.

IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India"s premier development and commercial bank, Federal Bank, one of India"s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. In this venture, IDBI Bank owns 48% equity while Federal Bank and Ageas own 26% equity each. At IDBI Federal, we endeavor to deliver products that provide value and convenience to the customer. Through a continuous process of innovation in product and servic... Read More

Address      First Floor, Tradeview, Oasis Complex, Kamala City, P. B. Marg, Lower Parel (West), Mumbai Maharashtra India
Website      /www.idbifederal.com
Holding      No Holding Details

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Relationship Manager (bancassurance) - Kottayam/ T

We have urgent opening for our own organization IDBI Federal life insurance co. Ltd for the position of Relationship Manager- bancassurance. Job location: Kottayam/ Thiruvalla/ Thodupuzha Exp required: 1 to 6 years Position Title: Relationship Manager Position Reports to: Branch Head Job profile: Sales: Accept leads generated from in-branch lead generators as well as warm leads provided by the bank from the database as well as generate own leads. Make appointments, explore the customers financial needs in life-related investment and insurance needs areas, select appropriate product to meet these needs from the companys product range, gain customer agreement to purchase, accurately complete sales documentation. Incentive programs: Cascade the incentive programs & ensure complete success in implementation of the same. Sales completion process: Responsible for sales completion by facilitating completion of medical reports & ensuring prompt issue of policy document. New markets/segments: Explore opportunities to develop new markets/ segments in line with company sales strategy from time to time. Cross Sell/ Up-Sell: Build a good customer base in order to explore opportunities to cross-sell & up-sell, Obtain referral to further prospects where appropriate. Relationship Building: Build long term relationship with the bank staff & clients by responding appropriately to all bank/client queries either directly received or forwarded by the service company. Know all the branch managers, relationship managers & employees of all assigned branches on a personal level. Customer Relationship Management: Arrange meetings of banks branch managers & staff with existing clients at least once a year, acknowledging birthdays & anniversaries to review their financial circumstances & life insurance needs as well as to obtain referrals to further prospects. After Sales Service: Accept & follow up on suggestions, request & complaints received from clients, ensure claim requests are serviced. Performance Review: Proactively ensure performance review by submitting various sales reports as per agreed frequencies in order to ensure performance targets are achieved & exceeded, ensure meetings with manager to agree on targets & to review performance. Use these forums to discuss issues of business development. Training & Development: Participate in relevant training arranged by the company, take initiative to keep abreast of developments in products & services, company policies, procedures, sales process & organization. Keep up to date with market developments by reading newspapers, journals & through personal contacts. Deliver the snap modules at bank branch level as formulated by the training team. Supporting colleagues & bank sales team: Support other Relationship Managers and the bank sales team where requested by the sales manager by coaching them in company knowledge, products, services & selling skills, accompanying them on client visits & modeling relevant behavior. If interested kindly revert back with your updated profile on hrsourcing3@idbifederal.com Salary:Not Disclosed by Recruiter Industry:Insurance Functional Area:Financial Services, Banking, Investments, Insurance Role Category:Life Insurance/Financial Services Role:Sales/Business Development-Manager

Other Job Information

Vacancy type:

Full Time

Contact Mode:

not provided

Fax:

not provided

Contact Name:

HR

Job Duration:

not provided

Phone:

not provided

Email:

hrsourcing9@idbifederal.com

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