Star Union Dai-ichi Life Insurance - Territory Manager (3-4 yrs)

Responsibilities:

- Develop and implement effective sales strategies to achieve and exceed business targets within the designated Raipur territory.

- Build and maintain strong, collaborative relationships with branch managers and staff at partner banks.

- Act as the primary point of contact for partner bank branches regarding life insurance products, sales processes, and support.

- Ensure full compliance with all relevant regulatory guidelines and company policies in all sales activities.

- Conduct regular training sessions and provide ongoing support to bank sales teams to enhance their knowledge of life insurance products and sales techniques.

- Analyze market trends, competitor activities, and customer needs within the Raipur territory to identify opportunities for growth.

- Provide valuable feedback to the company on market conditions, product offerings, and customer service to drive continuous improvement.

- Monitor sales performance and track progress against targets, implementing corrective actions as needed.

- Collaborate effectively with cross-functional teams, including product development, marketing, and operations, to ensure seamless support for the territory.

- Prepare and present regular reports on territory performance, sales activities, and market insights to regional leadership.

- Drive initiatives to enhance customer satisfaction and build long-term customer relationships.

- Adhere to ethical sales practices and promote the company's values.

- Be willing to travel extensively within the Raipur territory to effectively manage relationships and support partner bank branches.

Qualifications:

- Proven experience in sales, business development, and relationship management, preferably within the financial services or insurance sector.

- Strong knowledge of life insurance products and the relevant regulatory guidelines.

- Excellent communication, negotiation, and interpersonal skills, with the ability to build rapport and influence stakeholders.

- Demonstrated ability to analyze market trends and develop effective sales strategies.

- Proven track record of achieving and exceeding sales targets.

- Degree in Business Administration, Finance, or a related field.

- Willingness to travel extensively within the designated Raipur territory.

Good to Have:

- Experience working with cross-functional teams and providing training to sales personnel.

- Knowledge of the local market conditions and customer preferences in Raipur.

- Existing relationships with bank branches in the Raipur region.

- Familiarity with CRM systems and sales reporting tools.