Position Summary:
The position will be responsible for all aspects of relationship management & distribution with regards to all Bank Partner Accounts within the organization. The Head of Bancassurance role encompasses overall responsibility to the day to day management and interface. The role will be responsible for the Strategic Planning and Sales Execution of all matters relating to Bancassurance and will have specific performance objectives and be accountable for delivery. In addition, the role will be responsible for the Leadership, Team Management and Development of a team of Sales Managers (both Regional and Area) as well as Channel Heads.
Roles and Responsibilities
* The candidate will need to have a proven track record of success with regard to Business Development, enhancing existing Bank Relationships and credible Man-Management experience.
* Set up new partnerships and maintain existing business partnerships.
* Effective budgeting & cost management and overall P&L responsibility for the Bancassurance Business vertical.
* As a Senior Member of the Partnership Distribution Team he/she will be expected to contribute both positively and meaningfully in relation to all aspects of Sales Planning, execution and people Management within a wider scope with regard to overall Partnership Distribution issues. * Ensure ALL Leading Sales Indicators are in line with pre-agreed Business Plan (Number of cases/Case size/Cases per branch/Written vs issued).
* Achieve agreed sales delivery objectives within pre- defined Promotional Costs/Budgets. Overall responsibility to ensure a FULL and credible sales team is in place at all times to support the respective partners sales activities
* Plan, manage and deliver against Regional/Area Sales Manager Recruitment plan as specified by Chief Partnership Distribution Officer
* Ensure a robust, clearly defined, transparent Business Plan is in place with all Primary partners to enable achievement of business objectives (Volume targets/Budgets/Promotional Plans/Product Development/P&L)
* Create meaningful, effective and collaborative relationships with key Senior Management contacts with respective partners. Implement robust reporting templates by partner/sales region and teams to ensure daily analysis of sales performance is available.
Desired Candidate Profile
* Minimum of 16-20 years business experience with demonstrated executive leadership related to banks, sales and marketing preferably in a financial services company.
If you feel interested kindly revert with an updated cv at vi*************h@pr**********e.in
Keyskills: bancassurance sales Team Management Banca Channel Development partner leadership team handling retail sales business development Channel Management retail
Pramerica stands for Prudential of America.In India, Pramerica Life Insurance Limited is a JV company of Prudential International Insurance Holdings, Ltd., a fully owned subsidiary of Prudential Financial, Inc.; which is a 140 year old corporation and has operations in the United States, Asia, E...