Relationship Manager Bancassurance

About the role

Union Assurance PLC, a licensed life insurance company in Sri Lanka regulated by the Insurance Regulatory Commission of Sri Lanka, is hiring a full-time, on-site Relationship Manager Bancassurance in Kandy. The role develops and manages insurance business through bank partner channels, building relationships with bank staff, providing product training and supporting joint sales to increase life insurance penetration among bank customers.

Key responsibilities

• Identify customer needs and present suitable life insurance solutions
• Build strong relationships with bank staff, provide product training and support joint sales activities
• Ensure a high standard of service and follow-up
• Monitor sales performance, prepare reports and coordinate campaigns and promotions
• Ensure compliance with company and regulatory guidelines
• Collaborate with internal teams to resolve customer issues quickly and protect the brand image

Required profile

• Strong relationship management and client service skills, able to work with bank staff and customers
• Sales and business development experience in financial services or insurance, with a record of meeting or exceeding targets
• Degree in Business, Finance, Marketing or a related field preferred
• Ability to work on-site in Kandy in a dynamic, target-driven environment

Required skills

• Good communication, presentation and negotiation skills; ability to explain insurance products clearly
• Organizational and reporting skills, with attention to detail and ability to track and analyse sales results
• Understanding of life insurance products, bancassurance operations and regulatory requirements (insurance or banking experience is an advantage)
• Basic proficiency with office productivity tools such as MS Office and digital platforms for reporting and communication