About the role

Territory Manager - Bancassurance

Job Summary:

The Territory Manager - Bancassurance plays a crucial role in driving sales and fostering relationships between financial institutions and insurance providers. This position is responsible for executing business strategies, enhancing client engagements, and ultimately contributing to the organization's growth within the bancassurance sector.

Key Responsibilities:

Develop and implement effective sales strategies to capture market share within the assigned territory.
Build and maintain strong relationships with partner banks and financial institutions to facilitate collaboration and drive sales initiatives.
Monitor and analyze market trends and competitor activities to identify opportunities for growth and improvement.
Provide training and support to bank staff regarding product knowledge and selling techniques to enhance their effectiveness.
Conduct regular meetings with stakeholders to report on performance metrics and discuss strategic improvements.
Ensure compliance with relevant regulations and company policies in all bancassurance operations.
Coordinate marketing efforts and promotional campaigns to support product launches and increase brand visibility.

Requirements:

Bachelor's degree in Business Administration, Finance, or a related field.
5+ years of experience in sales and distribution in the bancassurance or insurance industry.
Strong understanding of the bancassurance landscape and regulatory framework.
Exceptional communication and interpersonal skills for effective client interactions.
Proven track record in achieving sales targets and driving revenue growth.
Ability to analyze data and generate actionable insights for strategy refinement.
Willingness to travel frequently within the designated territory.

Preferred Qualifications:

Master’s degree in Business Administration or a related field.
Experience in managing large accounts with a proven ability to negotiate effectively.
Knowledge of financial products and services beyond traditional insurance offerings.
Certification in sales management or a related discipline is advantageous.
Fluency in multiple languages to support diverse client interactions.

Benefits:

Competitive salary with performance-based bonuses and incentives.
Comprehensive health and wellness benefits including medical, dental, and vision coverage.
Generous paid time off and flexible work arrangements.
Professional development opportunities and ongoing training programs.
Retirement savings plan with company match.
Employee discounts on various financial products and services.
Dynamic work culture that promotes work-life balance and inclusivity.

Territory Manager / Sr. Territory Manager - Banca