Manager – Product and Business Development (Bancassurance) (PO-SPO)
Job Description
Title: Manager – Product and Business Development (Bancassurance) (PO-SPO)
Company Name: Trust Bank Ltd.
Vacancy: --
Age: At most 42 years
Job Location: Anywhere in Bangladesh
Salary: --
Experience:
- At least 5 years
- The applicants should have experience in the following business area(s): Banks,Insurance
Published: 2025-07-23
Application Deadline: 2025-08-10
Education:
- Masters
Requirements:
- At least 5 years
- The applicants should have experience in the following business area(s): Banks,Insurance
Skills Required:
Additional Requirements:
- Age At most 42 years
Strong understanding of life/general/health insurance products.
Strategic thinking and data-driven decision-making.
Excellent interpersonal and stakeholder management skills.
Knowledge of banking processes, compliance, and regulatory framework.
Proficiency in MS Excel, PowerPoint, CRM systems.
Responsibilities & Context:
1.Product Management
a) Evaluate, select, and manage the suite of insurance products offered via the bank.
b) Analyze product performance and customer feedback to recommend product enhancements or new offerings.
c) Ensure product suitability, competitiveness, and compliance with regulatory guidelines.
d) Coordinate with insurance partners on product rollouts, changes, and updates.
2. Strategic Business Development
a) Formulate and execute business development strategies to increase bancassurance revenue and market penetration.
b) Identify cross-sell and up-sell opportunities within the bank’s customer base.
c) Leverage data analytics to drive campaign-based selling and product personalization.
3. Sales Enablement & Training
a) Collaborate with sales teams and regional branches to set and monitor performance targets.
b) Work with training teams to design and implement regular training programs for front-line staff.
c) Develop sales tools, product pitches, FAQs, and objection handling techniques.
d) Monitor field effectiveness and recommend corrective actions for underperforming zones.
4. Partner & Stakeholder Management
a) Act as the primary interface between the bank and insurance partners for product and business development initiatives.
b) Ensure alignment of bank and partner KPIs, incentives, and growth targets.
c) Coordinate joint marketing campaigns and customer engagement activities.
d) Conduct regular performance re+9views with insurers and internal stakeholders.
5. Governance, Compliance, and Reporting
a) Ensure all products and processes comply with IRDA and Bangladesh Bank’s guidelines.
b) Maintain documentation and audit trails for regulatory inspections.
c) Prepare and present periodic MIS/reports on sales, revenue, channel productivity, and product performance.
Job Other Benifits:
Employment Status: Full Time
Job Work Place:
Company Information:
Gender: Male and Female can apply
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Category: Bank/ Non-Bank Fin. Institution
