Insurance Advisor

A *Financial Advisor in banking* *Core Roles & Responsibilities* *1. Client Relationship Management* - Understand customer’s financial goals, income, risk appetite, and life stage - Build long-term trust and act as primary point of contact for all financial needs - Regular portfolio reviews and updates based on life changes *2. Financial Planning & Advisory* - Create personalized financial plans: savings, investments, tax, retirement - Advise on asset allocation across FDs, RDs, mutual funds, bonds, PPF, NPS - Guide on loan products: home loans, personal loans, education loans, credit cards *3. Product Sales & Targets* - Recommend suitable bank/third-party products: insurance, demat, mutual funds, PMS - Meet monthly/quarterly targets for AUM, CASA, loans, and fee income - Ensure products match customer profile - no misselling *4. Risk Profiling & Compliance* - Conduct risk assessment before suggesting any investment - Follow RBI, SEBI, IRDAI guidelines and internal bank compliance - Maintain proper KYC, documentation, and disclosures - Explain risks clearly - no guaranteed return promises *5. Portfolio Monitoring* - Track client investments and suggest rebalancing when needed - Keep clients updated on market changes, interest rate shifts, new products - Flag underperforming investments and suggest alternatives *6. Cross-selling & Revenue Generation* - Identify opportunities to deepen banking relationship - Promote digital banking, net banking, mobile apps for convenience - Help bank grow CASA deposits, fee income, and third-party revenue