General Insurance sales Executive

Key Responsibilities:

• Sales and Business Development:
• Identify and prospect potential clients through various channels (e.g., cold calling, referrals, networking, market research, online leads).
• Conduct needs analysis with prospective clients to understand their insurance requirements and financial situation.
• Present and explain various general insurance products (e.g., motor, health, home, travel, commercial, property, liability) and their benefits, terms, and conditions clearly and concisely.
• Customize insurance programs and provide quotes to suit individual or business needs.
• Negotiate policy terms and conditions with clients and, when necessary, with underwriters.
• Close sales and achieve or exceed assigned sales targets and performance metrics.
• Prepare and submit applications, process policy issuance, and maintain accurate client records.
• Client Relationship Management:
• Build and maintain strong, long-term relationships with clients to foster trust and loyalty.
• Provide excellent pre- and post-sales support, addressing client inquiries, concerns, and policy-related questions promptly.
• Assist clients with policy renewals, modifications, and endorsements.
• Guide clients through the insurance claims process when necessary.
• Conduct periodic reviews of clients' insurance needs, especially after life-changing events, and recommend appropriate adjustments to their policies.
• Market Knowledge and Compliance:
• Stay updated with the latest general insurance products, market trends, and industry developments.
• Maintain a thorough understanding of insurance regulations, compliance standards (e.g., IRDAI in India), and ethical sales practices.
• Participate in training programs and continuous education to enhance product knowledge and sales skills.
• Reporting and Administration:
• Prepare and present sales reports, forecasts, and performance metrics to management.
• Maintain accurate and organized client databases and sales pipelines, often using CRM software.
• Collaborate with internal teams (e.g., underwriting, claims, marketing) to ensure seamless service delivery and resolve client issues.

Job Types: Full-time, Permanent

Pay: ₹146,948.33 - ₹718,764.96 per year

Work Location: On the road