Manager Business Development, Medical and Life Business

The job holder is responsible for generating revenue from medical insurance products and life Insurance products, signing up new clients, managing client relationships, and cross-selling other bank products.

Requirements

• Prospect new business from Bank customers through RMs and non-Bank customers
• Prepare and negotiate insurance quotations to prospective customers and follow up to closure
• Place cover with the underwriters and follow up with the underwriting team
• Develop tailor-made insurance packages for customers, in partnership with insurers
• Create product awareness across the Bank network
• Implement new products through various distribution channels
• Periodically evaluate product performance and give feedback on product improvement
• Maintain strong relationships with customers to ensure business retention/Renewal
• Conduct training on existing/new Bancassurance products to BMs/RMs/ROs/CSs