Retail Sales INSURANCE BROKING

Company Description

Accurate Risk Managers and Insurance Brokers is a leading Insurance Consulting and Risk Advisory firm, known for its expertise in Employee Benefits Consulting within the insurance sector. The company offers comprehensive solutions in Risk Management, Risk Mitigation, and Insurance Placement, customized to address the complex and evolving needs of its clients. By providing integrated services across the entire insurance lifecycle—ranging from strategic advisory to ongoing management and optimization—Accurate ensures tailored solutions that drive long-term business resilience. Their value-driven insights empower clients to enhance operational effectiveness and meet their strategic objectives.

Job Title: Retail Sales Executive – Insurance Broking

To generate new business and manage existing client relationships by promoting retail insurance products (Health, Motor, Personal Accident, Travel, etc.) through effective sales and service delivery.

1.       Business Development & Sales

2.       Generate leads through cold calling, references, walk-ins, and marketing campaigns.

3.       Identify customer insurance needs and offer suitable retail insurance products (Health, Motor, etc.).

4.       Achieve monthly and quarterly sales targets.

5.       Cross-sell and up-sell insurance products.      

6.       Build and maintain strong relationships with individual and small business clients.

7.       Provide prompt post-sales service and assistance with policy renewals, endorsements, and claims support.

8.       Ensure a high level of customer satisfaction and retention.

9.       Coordinate with underwriters and operations teams for policy issuance and servicing.

10.  Collect and verify documents required for policy processing.

11.  Ensure accurate data entry and timely reporting.          

12.  Keep updated on insurance products, competitors, and market trends.

13.  Provide feedback on product improvements and customer expectations.

14.  Adhere to IRDAI and company compliance guidelines.

15.  Maintain confidentiality and accuracy in customer records and transaction

Qualifications & Skills:

1.       Graduate in any discipline (MBA preferred).

2.       Minimum 1–3 years of experience in retail insurance sales / insurance broking / financial services.

3.       Strong communication and negotiation skills.

4.       Customer-oriented approach with problem-solving ability.

5.       Basic understanding of insurance products and digital platform

Key Performance Indicators (KPIs):

1.       Achievement of sales targets (Health, Motor, etc.)

2.       Customer retention and satisfaction rate

3.       Policy renewal ratio

• 4.       Cross-sell ratio