Deputy Manager - Insurance

SkillLabs; Lucknow; On-site; INR 700,000 - 1,100,000; Full time

Job summary

SkillLabs is seeking a Deputy Manager – Life Insurance to drive sales targets and lead a dedicated team across agency, bancassurance, and direct channels in Lucknow. You will recruit, train, and mentor advisors, coordinate with underwriting and operations, ensure regulatory compliance, and build strong client relationships to improve policy renewals and persistency.

Ideal candidates have 3–7 years of life insurance sales experience and a Bachelor's degree (MBA preferred), with strong leadership

Qualifications

• 3–7 years of experience in life insurance sales
• Strong leadership, communication, and relationship management skills
• Experience in Agency, Bancassurance, Direct Sales, or Alternate Channels
• Good knowledge of life insurance products, sales processes, and regulatory guidelines
• Ability to achieve sales targets and manage a team effectively

Responsibilities

• Drive life insurance sales by achieving monthly, quarterly, and annual targets.
• Develop and maintain relationships with bank branches, channel partners, agents, or customers.
• Identify customer insurance needs and recommend suitable life insurance products.
• Generate leads through branch referrals, customer interactions, and field activities.
• Recruit, train, motivate, and support advisors or sales executives.
• Monitor team performance and ensure productivity targets are met.
• Conduct joint sales calls and assist team members in closing high-value cases.
• Ensure compliance with IRDAI guidelines and company policies.
• Maintain accurate sales records, MIS reports, and documentation.
• Coordinate with underwriting and operations teams for smooth policy issuance.
• Resolve customer queries and provide excellent after-sales service.
• Build long-term customer relationships to improve policy renewals and cross-selling opportunities.
• Analyze market trends and competitor activities to identify business opportunities.
• Conduct regular review meetings and provide performance feedback to team members.
• Ensure high levels of customer satisfaction while maintaining business quality and persistency

Skills

Life insurance sales

Leadership

Communication

Relationship management

Customer relations

Education

Bachelor's degree

MBA preferred

Job description

Deputy Manager – Life Insurance: Roles & Responsibilities

Key Responsibilities

• Drive life insurance sales by achieving monthly, quarterly, and annual business targets.
• Develop and maintain strong relationships with bank branches, channel partners, agents, or customers, depending on the distribution channel.
• Identify customer insurance needs and recommend suitable life insurance products.
• Generate leads through branch referrals, customer interactions, and field activities.
• Recruit, train, motivate, and support advisors or sales executives (if applicable).
• Monitor team performance and ensure productivity targets are met.
• Conduct joint sales calls and assist team members in closing high-value cases.
• Ensure compliance with IRDAI guidelines and company policies.
• Maintain accurate sales records, MIS reports, and documentation.
• Coordinate with underwriting and operations teams for smooth policy issuance.
• Resolve customer queries and provide excellent after-sales service.
• Build long-term customer relationships to improve policy renewals and cross-selling opportunities.
• Analyze market trends and competitor activities to identify business opportunities.
• Conduct regular review meetings and provide performance feedback to team members.
• Ensure high levels of customer satisfaction while maintaining business quality and persistency.

Preferred Qualifications

• Bachelor's degree (MBA preferred).
• 3–7 years of experience in life insurance sales.
• Experience in Agency, Bancassurance, Direct Sales, or Alternate Channels.
• Strong leadership, communication, and relationship management skills.
• Good knowledge of life insurance products, sales processes, and regulatory guidelines.
• Ability to achieve sales targets and manage a team effectively.