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Financial and insurance services branch managers
Salary range for the majority of workers in the selected occupation - from ₹ 124.34 to ₹ 631.26 per hour - 2019.
Financial and insurance services branch managers plan, direct, and coordinate the branches of institutions that provide financial and insurance services, such as banks, building societies, credit unions and insurance companies. They provide advice and assistance to clients on financial and insurance matters.
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Duties and tasks
- Overseeing the selection, training and performance of staff
- Monitoring credit extension decisions
- Managing budgets, controlling expenditure and ensuring the efficient use of resources
- Establishing and maintaining relationships with individual and business customers
- Approving or rejecting, or coordinating the approval or rejection of, lines of credit for commercial, real estate and personal loans
- Examining, evaluating and processing loan and insurance applications
- Providing advice and assistance to customers on their financial and insurance needs and on matters such as changes in law that may affect customers
- Planning, directing and coordinating the activities of staff in the branch
- Coordinating cooperation with other branches of the company
- Conducting financial investigations
- Overseeing the flow of cash and financial instruments, and the preparation of financial and regulatory reports
