Relationship manager – Bancassurance

Fulcrum Pvt Ltd is seeking a skilled Relationship Manager Bancassurance to join a reputable bank in the banking sector. This role involves working onsite in Karachi, contributing to a dynamic and growth-oriented environment. The ideal candidate holds a bachelor's degree and has four to five years of relevant experience in client relationship management within financial services, particularly in bancassurance. The Relationship Manager plays a crucial role in promoting general insurance products, building customer trust, and providing tailored financial advice. This position demands excellent sales and negotiation skills as well as a strategic approach to cross-selling insurance solutions to meet client needs and drive business growth. The Relationship Manager will not manage a team but must demonstrate independent initiative in generating leads and achieving monthly sales targets. Working Monday to Friday from 9:00 AM to 5:00 PM, this permanent role offers a competitive salary range of PKR 150,000 to 170,000. Candidates will thrive by combining deep insurance product knowledge with outstanding client relationship capabilities to strengthen the banks market position through effective bancassurance strategies.
Responsibilities
 

• Promote general insurance products effectively at assigned bank branches to increase penetration and awareness.
• Develop and maintain strong, trust-based relationships with customers to ensure long-term engagement and satisfaction.
• Generate new sales leads by identifying potential clients and leveraging existing customer relationships.
• Achieve monthly and quarterly sales targets through proactive sales efforts and consistent follow-up.
• Provide expert financial advice based on clients needs to tailor insurance solutions that align with their financial goals.
• Employ cross-selling strategies to promote additional insurance products and enhance product portfolio uptake.
• Collaborate with bank staff to integrate bancassurance services seamlessly within the branch operations.
• Maintain up-to-date knowledge of insurance products, industry trends, and regulatory requirements to offer informed guidance to clients.
• Monitor market developments and competitor activity to adapt sales strategies accordingly.
• Document client interactions and maintain accurate records to support sales processes and reporting requirements.