Bancasurrance Sales Executive
The Bancassurance Division within Insurance companies works very closely with Banks to develop products and sales campaign to meet the requirements of the Bank. The Bancassurance model is very much of a manufacturer relationship with the banks hence close working relationships with Bank partners are crucial. The Bancassurance Division must able to offer the Bank the most feasible and attractive products at the most appropriate time. Under the normal circumstances, in a big insurance company, the Bancassurance Division works hand-in-hand with Product Management, Actuarial and Marketing Divisions.
Key Task
Handle the reporting, planning, and administration of the plans purchased by the client.
Key Skills
- In-depth knowledge of the industry and business.
- Stay up-to-date and well-informed about industry regulations.
- Effective communicator to ensure that the client understands the details of the purchased policy.
- Understands the importance of protecting sensitive financial and personal data.
Who are your employers
- General Insurance Companies
- Reinsurance Companies
- Life Insurance or Assurance Companies
- Banks