Assistant Manager Bancassurance Insurance

Job Title: Assistant Manager – Bancassurance

Department: Bancassurance

Function: Sales and Distribution

Grade: M2A

Location: Head Office – Mumbai

Reports to: Assistant Vice President – Bancassurance

CTC: Up to ₹10 LPA

Work Timing: 10:00 AM to 7:00 PM

Work Days: Monday to Saturday

Role Summary

We are looking for a dynamic and motivated Assistant Manager – Bancassurance to support strategic and program management initiatives for private sector banks and alternate distribution channels. The role focuses on program execution, new partner acquisition, relationship management, and governance to drive business outcomes.

Key Purpose of the Role

• Program Management
• Strategic Planning
• Sales Governance
• Relationship Management
• Target vs. Achievement Tracking for New Partner Acquisition

Key Responsibilities

• Program Management & New Acquisitions
• Manage key business development projects for NBFCs, insurtechs, and other assigned partners.
• Drive execution through coordination with internal teams, aligning resources, setting processes, and tracking deliverables.
• Strategic Planning
• Develop actionable strategies for business expansion based on LOT (Line of Thought) analysis.
• Collaborate with multiple departments and stakeholders to implement growth initiatives and optimize existing opportunities.
• Sales Governance & Budget Achievement
• Monitor performance against business targets from assigned partners.
• Identify areas for improvement, recommend product fitment, and drive corrective actions to achieve revenue goals.
• Relationship Management
• Build and nurture strong relationships with key stakeholders within NBFCs, insurtechs, and partner organizations.
• Ensure alignment on goals, business expectations, and execution plans.
• New Partner Acquisition
• Contribute to acquisition of new partners by identifying opportunities, initiating dialogues, and supporting onboarding processes.
• Ensure 100% target achievement on partner acquisition KPIs.

Qualifications & Experience

Education : MBA (Preferred specialization in Sales, Marketing, Finance or Strategy)

Experience : 0–2 years of experience in BFSI, partnerships, strategy, or business development roles

Key Behavioral Skills

• Customer-centric approach with empathy and care
• Collaborative and trustworthy team player
• Open to feedback and continuous learning
• Adaptable, curious, and open to experimentation
• Results-oriented with strong time management
• Digitally inclined with a focus on innovation
• Uses data to drive decision-making
• Stakeholder-savvy and proactive communicator

Functional Skills

• Strong proficiency in MS Office (Excel, PowerPoint, Word)
• Excellent coordination and stakeholder management
• Clear and effective communication
• Ability to manage multiple priorities and deliver under tight timelines