Business Development Manager (BDM) – Bancassurance Channel

About the RoleAs a Business Development Manager (BDM), you will be responsible for driving insurance sales through a cluster of 34 designated bank branches. This is a frontline sales and relationship management role requiring strong engagement with bank staff and customers. The position offers an exciting opportunity to start or grow your career in insurance and financial services.

Key Responsibilities Sales Target Achievemento Drive and achieve monthly sales targets through bank branches assignedo Ensure activation and consistent productivity of branches Lead Generation & Conversiono Leverage walk-ins, branch referrals, and data mining for lead generationo Convert leads into insurance policy sales through benefit illustration and follow-up Branch Engagemento Build strong relationships with Branch Managers and staffo Conduct regular training and knowledge-sharing sessions to enable bank staff in cross-selling insurance products Customer Interactiono Accompany bank staff on client meetings where requiredo Address customer queries and ensure smooth policy issuance

Performance IndicatorsQuantitative: Achievement of monthly/quarterly/annual insurance sales targets Lead-to-sale conversion ratio Number of active branches per monthQualitative: Relationship quality with bank stakeholders Branch staff enablement and product understanding Customer feedback and satisfaction

Eligibility CriteriaParameter RequirementExperience 06 months (Fresher) OR 6 months+ (preferred in Insurance, Banking, NBFC, Pharma, or FMCG)Education Minimum Graduate (Full-time MBA preferred but not mandatory)Age Limit Below 35 yearsLocation Local candidates only must belong to or reside in the target branch areasLanguage Skills Proficiency in Malayalam and basic English communication skills essential

Location - GoaPondaPanjimNavelimNuvemMaharashtraMancharWarjeAgricultural Market Yard, PuneSaswadDeepali Nagar, NasikKarnatakaBijapurKeralaKolloorkkadCochin Convent Road JunctionVarapuzhaNallanchira, TrivandrumAnayaraAttiparaMeenakulamPattomKazhakuttamKumarapuramKallambalamPoojappuraIndian Institute of Space Science & Technology, ValiyamalaMavelikara Kurathiyad