Insurance Sales Manager

Insurance Sales Manager

Key Responsibilities:

1. Sales & Business Development:

• Develop and execute strategic sales plans to achieve and exceed targets.
• Identify new business opportunities and expand the customer base.
• Promote life, health, general, or corporate insurance products.

2. Team Management & Recruitment:

• Recruit, train, and mentor insurance agents and sales executives.
• Set sales targets, monitor performance, and provide regular coaching.
• Conduct training sessions on insurance products, sales techniques, and compliance.

3. Customer Relationship Management:

• Build and maintain strong relationships with clients and business partners.
• Address customer concerns and ensure high-quality service delivery.
• Develop cross-selling and up-selling strategies to maximize policyholder engagement.

4. Market Research & Competitor Analysis:

• Stay updated on industry trends, competitor strategies, and regulatory changes.
• Provide feedback to the product and marketing teams for business improvements.
• Plan and execute local marketing campaigns and promotional activities.

5. Compliance & Reporting:

• Ensure adherence to IRDAI regulations and company policies.
• Prepare detailed sales reports, performance reviews, and market analysis.
• Maintain accurate documentation and oversee policy processing.

Required Skills & Qualifications:

• Bachelor's degree in Business Administration, Finance, or a related field.
• 3-7 years of experience in insurance sales, with at least 2 years in a managerial role.
• Strong knowledge of life, health, or general insurance products.
• Proven track record in team management and achieving sales targets.
• Excellent communication, negotiation, and leadership skills.
• Proficiency in CRM software and MS Office (Excel, PowerPoint, Word).

Preferred Qualifications:

• IRDAI certification and a deep understanding of insurance regulations.
• Experience in Bancassurance, agency sales, or corporate insurance.
• Ability to manage large sales teams and remote sales operations.

Work Environment & Benefits:

• Competitive salary + performance-based incentives.
• Medical insurance, travel allowances, and professional training.
• Career growth opportunities in regional and national sales leadership.
• If you are a results-driven professional passionate about driving insurance sales, we'd love to hear from you!