Assistant Manager to Manager, Bancassurance – Sales

Job Description

Title: Assistant Manager to Manager, Bancassurance – Sales

Company Name: Shanta Life Insurance PLC

Vacancy: --

Age: At least 30 years

Job Location: Chattogram

Salary: Negotiable

Experience:

Published: 2026-06-16

Application Deadline: 2026-07-07

Education:

Requirements:

Skills Required:

Additional Requirements:

• Age At least 30 years

• Education: Minimum Bachelor’s degree from any discipline 

• Experience: Around 6 - 8 years of experience, preferably in financial services sector Strong understanding of bancassurance business models and insurance products.

• Proven track record of achieving sales targets through partnership channels.

• Excellent relationship management and stakeholder engagement skills.

• Strong analytical and business planning capabilities.

• Ability to lead training initiatives and motivate partner sales teams.

• Effective communication, negotiation, and presentation skills.

• Ability to work in a fast-paced and target-driven environment.

1. Bancassurance Business Development

• Develop and execute bancassurance sales strategies to achieve business targets.

• Identify growth opportunities within existing banking partnerships and explore new partnership opportunities.

• Drive sales performance across assigned bank branches and channels.

• Monitor market trends and competitor activities to identify business opportunities.

2. Relationship Management

• Build and maintain strong relationships with bank management, branch managers, and key stakeholders.

• Act as the primary point of contact between Shanta Life and partner banks.

• Ensure effective coordination and communication with banking partners to enhance business performance.

• Resolve partner concerns and maintain high levels of stakeholder satisfaction.

3. Sales Performance Management

• Achieve assigned premium, policy issuance, and revenue targets.

• Monitor branch-wise sales performance and provide regular business updates.

• Analyze sales data and implement corrective actions to improve productivity.

• Ensure effective sales pipeline management and conversion of leads into policy sales.

4. Training and Capability Development

• Conduct product and sales training sessions for bank employees and relationship managers.

• Develop sales campaigns, product awareness programs, and customer engagement initiatives.

• Provide ongoing coaching and support to bank staff to enhance insurance selling capabilities.

• Ensure partner teams remain updated on product features, compliance requirements, and sales processes.

5. Customer Acquisition and Service Excellence

• Support bank branches in identifying customer needs and recommending suitable insurance solutions.

• Ensure a seamless customer experience throughout the sales and policy issuance process.

• Work closely with operations and customer service teams to address customer queries and service issues.

• Promote customer retention and policy persistency initiatives.

6. Compliance and Governance

• Ensure all bancassurance activities comply with company policies, regulatory requirements, and ethical sales practices.

• Maintain accurate sales records, reports, and documentation.

• Monitor adherence to operational procedures and risk management guidelines.

• Support internal audits and compliance reviews when required.

7. Reporting and Business Analysis

• Prepare regular sales reports, business reviews, and management presentations.

• Track key performance indicators (KPIs) and identify areas for improvement.

• Provide insights and recommendations to optimize bancassurance performance.

• Support strategic planning and budgeting activities related to the bancassurance channel.