Wealth Manager - Annuity Sales

Company Description

At Shriram Life Insurance, our mission is to protect every Indian family, especially those most vulnerable to financial uncertainty, with the safety net of life insurance. We focus on delivering affordable, high-quality solutions tailored for the average Indian through a customer-centric approach. Our commitment to both rural and urban India ensures that 40% of our business comes from rural areas. Leveraging technology-led innovation, we provide seamless service through digital solutions like ShriMithra, Astra, ShriA, and Smart Suraksha Card. We uphold decades of trust, operational excellence, and strong core values.

Position Overview:

As an Annuity Sales Representative, you will be responsible for promoting and selling annuity products to potential clients. You will utilize your knowledge of financial products, particularly annuities, to assess clients' needs and recommend appropriate solutions. This role requires strong communication skills, a deep understanding of financial markets, and the ability to build and maintain relationships with clients.

Key Responsibilities:

Client Engagement: Interact with potential clients to understand their financial goals and objectives. Educate them on the features and benefits of annuity products.

Sales: Identify opportunities for selling annuities based on clients' financial profiles and investment preferences. Present annuity options and recommend suitable products that align with clients' needs.

Relationship Management: Build and maintain long-term relationships with clients by providing personalized service and ongoing support. Address any concerns or questions clients may have regarding their annuity investments.

Compliance: Ensure compliance with all relevant regulations and guidelines governing the sale of annuity products. Adhere to industry standards and company policies to maintain integrity and transparency in all interactions with clients.

Market Research: Stay informed about market trends, competitor offerings, and regulatory changes affecting the annuity industry. Use this knowledge to adapt sales strategies and effectively position the company's annuity products in the market.

Documentation: Prepare and complete all necessary paperwork and documentation related to annuity sales transactions. Ensure accuracy and compliance with regulatory requirements.

Performance Tracking: Monitor and track sales performance metrics, such as conversion rates and revenue targets. Take proactive steps to achieve sales goals and maximize revenue opportunities.

Qualifications:

Bachelor's degree in finance, business, or a related field (preferred).

Previous experience in sales or financial services, with a focus on annuity products.

Strong understanding of annuities, including different types, features, and tax implications.

Excellent communication and interpersonal skills.

Proven ability to build and maintain client relationships.

Detail-oriented with strong organizational skills.

Ability to work independently and as part of a team.