Insurance Executive

Position: Insurance Executive

Experience: 1 to 2 Years in Insurance

Education: Graduate in any stream

Area of Applicability: South Gujarat

Base Location: Surat

Candidates Preferred from: Banking Sector Or NBFC, DSA Channel

Skill Requirements:

Ø Product Knowledge

Ø Financial Skills

Ø Customer Service

Ø Confidentiality

Ø Professionalism

Ø Statutory and regulatory Awareness

Ø Negotiation Skill

Ø Presentation Skill

Ø Team work Approach

Ø Communication skills

Ø Self-development

Ø Computer Skill

Role & Responsibilities – Insurance Sales Executive

A) Sales & Business Development

• Generate leads through client meetings, referrals, cold calls, and networking.
• Understand client needs and recommend suitable insurance products (life, health, general, etc.).
• Achieve assigned monthly and quarterly sales targets.
• Actively cross-sell other financial products like FD, mutual funds, or investments as guided by Insurance Head.
• Participate in sales campaigns, promotional activities, and client engagement programs.

B) Client Relationship Management

• Present insurance options clearly, avoiding information overload.
• Educate clients about product features, premium, claim settlement, and other key terms.
• Maintain regular follow-up with clients on proposal status, renewal reminders, and after-sales service.
• Resolve client queries promptly and escalate complex issues to Insurance Head when required.
• Ensure high customer satisfaction and build long-term relationships.

C) Documentation & Process Handling

• Collect and verify all necessary documents from clients before submission.
• Fill out insurance application forms accurately and assist clients with the process.
• Coordinate with the back office for processing and approvals.
• Track applications, renewal due dates, and pending proposals.
• Ensure compliance with company policies, government rules, and regulatory requirements.

D) Reporting & Coordination

• Update daily sales reports and submit them to Insurance Head.
• Maintain updated client records in the company CRM.
• Share client feedback, competitor insights, and market updates with the team.
• Work closely with the back-office team for smooth processing and servicing.

E) Training & Development

• Attend product and sales training sessions conducted by the company.
• Stay updated with new insurance products, industry developments, and regulatory changes.
• Implement feedback and guidance given by Insurance Head for performance improvement.

F) Expense & Conduct

• Ensure cost-effective client servicing and business development activities.
• Maintain ethical conduct, transparency, and professionalism in all dealings.

Job Type: Full-time

Pay: ₹15,000.00 - ₹30,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Life insurance
• Paid sick time
• Provident Fund

Work Location: In person