Insurance Sales Executive

Job Junction; Khordha; On-site; INR 200,000 - 350,000; Full time

Job summary

Job Junction in India seeks an Insurance Sales Executive to drive life and health insurance sales through agency channels and bancassurance. The role requires strong communication and a commitment to ethical sales practices.

You will build relationships with agency partners, conduct market research, guide clients in product selection, perform field visits, and ensure regulatory compliance while collaborating with banking teams on cross-sell opportunities.

Qualifications

• Proficiency in agency sales, agency channel management, and direct sales methodologies.
• Familiarity with life and health insurance products available in the market.
• Experience in bancassurance or cross-selling insurance within banking environments is preferable.

Responsibilities

• Develop and implement strategies to generate new business in the insurance sector.
• Establish and maintain relationships with agency partners to enhance sales opportunities.
• Conduct thorough market research to identify potential clients and industry trends.
• Provide guidance and support to clients in selecting suitable insurance products that meet their needs.
• Conduct fieldwork as necessary to engage directly with customers and deliver presentations on insurance offerings.
• Ensure compliance with all regulatory requirements relating to insurance sales practices.
• Collaborate with banking personnel for casa sales initiatives that include insurance products.
• Maintain accurate records of client interactions, sales activities, and follow-ups in accordance with company policies.

Skills

Agency Sales

Channel Management

Direct Sales

Life Insurance

Health Insurance

Bancassurance

Fieldwork

Interpersonal Skills

Ethical Conduct

Job description

Job Title: Insurance Sales Executive

About the Position

The Insurance Sales Executive is responsible for driving sales of life and health insurance products through various channels, including agency sales and bancassurance. This role necessitates a comprehensive understanding of the insurance landscape, effective communication skills, and a commitment to uphold ethical standards within the industry.

Accountabilities

• - Develop and implement strategies to generate new business in the insurance sector.
• - Establish and maintain relationships with agency partners to enhance sales opportunities.
• - Conduct thorough market research to identify potential clients and industry trends.
• - Provide guidance and support to clients in selecting suitable insurance products that meet their needs.
• - Conduct fieldwork as necessary to engage directly with customers and deliver presentations on insurance offerings.
• - Ensure compliance with all regulatory requirements relating to insurance sales practices.
• - Collaborate with banking personnel for casa sales initiatives that include insurance products.
• - Maintain accurate records of client interactions, sales activities, and follow-ups in accordance with company policies.

Skills and Experience Required

• - Proficiency in agency sales, agency channel management, and direct sales methodologies.
• - Familiarity with life and health insurance products available in the market.
• - Experience in bancassurance or cross-selling insurance within banking environments is preferable.
• - Demonstrable capability in fieldwork related to sales processes.
• - Strong interpersonal skills and the ability to communicate complex information clearly.
• - Commitment to ethical conduct, integrity, accuracy, and compliance within all business practices.