Website:
bajajlifeinsurance.com
Job details:
Company Description Bajaj Life Insurance is one of India’s fastest-growing life insurance companies, offering a broad portfolio of solutions including ULIPs, term plans, retirement, and child policies to support diverse financial goals. The company serves over 3.47 crore policyholders, manages assets under management of ₹1.34 lakh crores, and maintains a strong 99.33% claim settlement ratio with a 266% solvency margin, reflecting financial stability and reliability. Its product suite includes innovative offerings such as zero allocation charge ULIPs, India’s first term plan for diabetics, flexible income plans like Bajaj Life ACE, and specialized solutions for women. With a robust distribution network of thousands of branches, over 1.61 lakh insurance consultants, and leading bank partnerships, Bajaj Life emphasizes customer-first service and convenient digital engagement. The organization fosters innovation and collaboration among 27K+ employees and has been repeatedly recognized as a top employer and digital insurance leader.
Role Description The Relationship Manager – PSF Channel at Bajaj Life will manage and grow business sourced through partners in the PSF (Preferred Sales Force) channel, focusing on life insurance products and long-term customer relationships. This full-time role, based on-site in New Delhi, involves regular interaction with channel partners, training and supporting their sales teams, and driving sales targets through effective relationship building and product positioning. Responsibilities include identifying new business opportunities, ensuring high-quality customer service, monitoring performance metrics, and implementing strategies to improve conversion and persistency. The role also includes coordinating with internal teams for smooth policy issuance, compliance adherence, and resolution of partner and customer queries, while maintaining accurate reporting and documentation. The Relationship Manager is expected to represent Bajaj Life’s values, uphold regulatory and company guidelines, and contribute to the growth of the PSF channel in the region.
Qualifications
- Strong relationship management, networking, and stakeholder engagement skills to build and sustain partnerships in the PSF channel.
- Sales and business development capabilities, including target achievement, opportunity identification, and pipeline management.
- Customer service and query resolution skills, with a focus on delivering clear information, timely support, and high satisfaction levels.
- Knowledge of life insurance products, basic financial concepts, and regulatory guidelines relevant to insurance distribution.
- Effective communication, presentation, and interpersonal skills for partner training, product explanation, and negotiation.
- Organizational and reporting skills, including comfort with CRM or sales tracking tools and MS Office (Excel, PowerPoint, Word).
- Ability to work on-site in New Delhi, travel locally as needed, and collaborate with cross-functional teams.
- Bachelor’s degree in business, finance, marketing, or a
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