The Banaskantha Mercentile Co. Operative Bank
Website:
bmcbbank.com
Job details:
Company Description The Banaskantha Mercentile Co. Operative Bank is a cooperative banking institution headquartered on Sardar Gunj Road in Palanpur, Gujarat, India. The bank serves individuals, businesses, and local communities with a range of financial and banking services. With a strong regional presence, it focuses on building long-term customer relationships and supporting economic development in Gujarat. The bank promotes reliable, customer-centric services and values integrity, transparency, and community engagement. Prospective team members can expect a workplace that emphasizes collaboration, professional growth, and service excellence.
Role Description The Insurance Representative is a full-time, on-site role based in the Greater Palanpur Area. This position is responsible for promoting and selling insurance products, explaining coverage options, and guiding customers through policy selection and enrollment. Daily tasks include meeting with customers, assessing their needs, preparing insurance proposals, processing applications, and maintaining accurate records of policies and client interactions. The role also involves coordinating with internal banking and finance teams, resolving customer inquiries and claims-related issues, and ensuring compliance with relevant regulations and bank policies. The Insurance Representative is expected to achieve sales targets while providing consistent, high-quality customer service and supporting the bank’s overall insurance business growth.
Qualifications
- Candidates should possess skills in Insurance Sales and a solid understanding of Insurance products and services.
- Candidates should possess skills in Insurance Brokerage and knowledge of related regulatory and compliance requirements.
- Candidates should possess skills in Finance, including basic financial analysis and an understanding of banking operations.
- Candidates should possess strong Customer Service skills, with the ability to communicate clearly, listen actively, and resolve issues effectively.
- Strong interpersonal and negotiation skills, with the ability to build trust and long-term relationships with customers.
- Ability to work with targets, manage time effectively, and handle multiple customer accounts and inquiries.
- Proficiency in basic computer applications and familiarity with CRM or banking systems is beneficial.
- Relevant diploma or degree in finance, business, or a related field is preferred; prior experience in insurance or banking is an advantage.
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