Bancassurance Manager

• Job Title: Branch Manager Bancassurance
• Company: ICICI Prudential Life Insurance
• Location: Branch Offices / Partner Bank Hubs (Pan-India)
• Role Overview
• Lead and grow the life insurance business through bank partner relationships (e.g., ICICI Bank / Bank
• Partners). Responsible for maximizing partner branch activation, driving top-line revenue, managing bank
• stakeholder relationships, and leading a team of Bancassurance Sales Managers.
• Key Responsibilities
• •
• Partner Management: Build and maintain strong relationships with Bank Branch Managers,
• Regional Heads, and key bank staff to ensure priority mindshare for ICICI Pru products
• •
• Business Revenue & Growth: Drive NBP (New Business Premium) targets and ensure high
• product penetration across mapped bank branches.

• Team Leadership: Manage, mentor, and drive performance of Bancassurance Sales Managers

(BSMs/CDMs) deployed across partner branches.

• Branch Activation: Ensure maximum active participation from mapped bank staff through

continuous engagement, training, and incentive alignment.

• Operations & Compliance: Oversee quality of sourcing, persistence rates, clean underwriting,

and full adherence to IRDAI guidelines and joint-compliance norms.

Candidate Profile

• Education: Graduate / Post-Graduate (MBA preferred).
• Experience: 610 years in BFSI/Insurance, with at least 3+ years in a team-leading role within

• •
• Bancassurance or Bank Relationship Management.Skills: Relationship management,
• stakeholder handling, target-driven sales leadership, and deep understanding of life insurance
• products.