Assistant Manager – Bancassurance

Location
Vikhroli, Mumbai, Maharashtra
 
Benefits
Pulled from the full job description
 
Full job description
Job Title: Assistant Manager – Bancassurance

Department: Bancassurance

Function: Sales and Distribution

Grade: M2A

Location: Head Office – Mumbai

Reports to: Assistant Vice President – Bancassurance

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 Behavioural 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
Job Type: Full-time

Pay: ₹800,000.00 - ₹1,000,000.00 per year

Benefits:

Provident Fund
Schedule:

Day shift
Application Question(s):

Do you have experience program management and executing business development projects for NBFCs or insurtechs?
Do you have experience monitoring sales performance and driving corrective actions to meet revenue targets?
Do you have experience managing end-to-end program execution in a bancassurance or BFSI environment?
Education:

Master's (Required)
Experience:

Business development: 2 years (Required)
Work Location: In person

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