Insurance Sales Officer

Insurance Executive - Sales

Job highlights

• Graduation or above with 1-5 years of experience in sales or insurance; strong communication and leadership skills
• Recruit, train, and motivate a team of Life Insurance Advisors; drive sales and maintain relationships
• Attractive incentives and rewards, fast-track career growth opportunities
• Handle Health / Motor Insurance Sales
• Proven ability to prospect and close high-value corporate clients; strong relationship management and networking skills; analytical mindset
• Identify and engage potential corporate clients; develop and implement sales strategies; maintain client relationships and provide after-sales support

Job description

A. Business Development & Client Acquisition

• Identify and prospect potential corporate clients across target industries, including Large Corporates, MSMEs, and sector-specific businesses.
• Identify engagement opportunities with companies in various industrial sectors to convert business across multiple insurance lines Property, Project, Liability,
• Group Health (GMC), Group Personal Accident (GPA), Marine, Engineering, and other commercial insurance products.
• Build and manage a strong sales funnel to achieve revenue growth, business targets, and overall profitability.
• Generate leads through networking, referrals, cold calls, digital outreach, and participation in business events or industry forums.
• Design and implement effective marketing and sales strategies to promote insurance products and expand market presence.

B. Sales Strategy & Presentation

• Develop and implement sales strategies to achieve assigned business goals and increase market penetration.
• Conduct detailed insurance presentations, product demonstrations, and proposal pitches to clients, highlighting coverage benefits, competitive advantages, and
• value propositions.
• Customize insurance solutions as per the clients risk profile, business requirements, and industry needs.
• Support clients in selecting appropriate insurance products aligned with regulatory and commercial requirements.
• Convert inquiries into sales through effective communication, negotiation, and consultative selling.

C. Client Relationship Management

• Maintain strong, long-term relationships with existing clients to ensure renewals, retention, and cross-selling opportunities.
• Conduct regular client engagement meetings, renewal discussions, and policy servicing follow-ups.
• Provide professional advice regarding policy features, terms, benefits, and coverage options.
• Assist clients with claims processes and provide end-to-end after-sales support for a smooth service experience.
• Act as a trusted advisor by offering insights on risk management and coverage enhancements.

D. Policy Processing & Administration

• Process new policy applications accurately and within the defined timeline.
• Prepare, review, and negotiate policy renewals to achieve maximum client retention.
• Maintain complete and confidential records of proposals, quotations, policy documents, and client communications.
• Ensure compliance with all company procedures and IRDAI regulations in policy documentation and client servicing.
• Submit timely reports on sales activities, renewals, and performance metrics to management.

Job Types: Full-time, Permanent

Pay: ₹200,000.00 - ₹500,000.00 per year

Benefits:

• Cell phone reimbursement
• Provident Fund

Work Location: In person