Bancassurance Specialist

About Edelweiss Life Insurance

Founded in July 2011, Edelweiss Life Insurance is dedicated to safeguarding individuals' aspirations through carefully crafted life insurance offerings. The company prides itself on innovation, simplicity, and a contemporary approach that aligns with modern customer expectations. Committed to a customer-first philosophy, it provides need-based and innovative insurance products via diverse distribution channels across India, ensuring accessible support and solutions.

Role Overview

The Bancassurance Specialist role, based on-site in Thrissur, Kerala, focuses on expanding the life insurance business by partnering with bank branches within the assigned territory. This position requires cultivating and sustaining productive relationships with bank personnel, delivering regular training on products, and supporting bank staff in recognizing and converting potential insurance sales.

Key Responsibilities

• Engage with prospective clients referred by partner banks, assess their insurance needs, and propose suitable life insurance plans.
• Consistently meet sales and revenue goals while maintaining exceptional customer service standards.
• Support proposal documentation processes and ensure compliance with company policies and regulatory requirements.
• Report regularly on branch performance metrics and provide feedback on market trends.
• Participate actively in local sales campaigns and promotional initiatives to boost product visibility and business growth.

Qualifications and Skills

• Strong relationship-building and sales abilities, capable of effective collaboration with both bank staff and customers.
• Solid understanding of life insurance products and fundamental financial concepts, with the capacity to communicate solutions clearly and responsibly.
• Excellent communication, presentation, and negotiation skills.
• A customer-centric approach focused on need-based selling and fostering long-term client relationships.
• Demonstrated ability to meet targets, manage time efficiently, and handle multiple stakeholders or branches.
• Comfortable using basic digital tools and CRM or sales tracking systems relevant to bancassurance or financial services.
• Preferably prior experience in bancassurance, life insurance, or related financial services sales.
• Bachelor’s degree in any field; additional certifications in insurance or finance are advantageous.
• Knowledge of local market conditions in Thrissur and willingness to work on-site at banking locations.