Senior Business Development Executive

SBI Life; Kolhapur District, Nagpur District, Amravati; On-site; INR 250,000 - 420,000; Full time

Job summary

SBI Life invites dynamic sales professionals to join its team in Kolhapur district. The role focuses on generating leads, understanding customer financial goals, and recommending suitable life insurance plans.

You will drive conversions, build lasting relationships, and guide clients through KYC and documentation processes. The ideal candidate will excel in communication, negotiation, and working both independently and in a team, with a strong customer-centric approach and awareness of insurance

Qualifications

• Excellent communication and interpersonal skills.
• Strong convincing, negotiation, and relationship-building abilities.
• Target-oriented and self-motivated approach.
• Ability to work independently and as part of a team.
• Basic knowledge of insurance and financial products is an advantage.

Responsibilities

• Generate leads through referrals, networking, cold calling, digital leads, and other sources.
• Meet prospective customers to understand their financial goals and insurance requirements.
• Explain life insurance products, benefits, policy features, premiums, and terms clearly.
• Recommend suitable insurance plans based on customer needs and eligibility.
• Convert leads into new policy sales and achieve monthly/quarterly sales targets.
• Maintain strong relationships with existing and prospective customers.
• Follow up regularly with customers and manage the sales pipeline.
• Assist customers with the application and documentation process.
• Ensure accurate completion of KYC and other required documentation.
• Maintain records of sales activities and customer interactions.
• Follow company policies, regulatory requirements, and ethical sales practices.
• Identify opportunities for cross-selling and referrals.

Skills

Excellent communication

Negotiation

Relationship building

Target oriented

Independent worker

Job description

Role & responsibilities

• Generate leads through referrals, networking, cold calling, digital leads, and other sources.
• Meet prospective customers to understand their financial goals and insurance requirements.
• Explain life insurance products, benefits, policy features, premiums, and terms clearly.
• Recommend suitable insurance plans based on customer needs and eligibility.
• Convert leads into new policy sales and achieve monthly/quarterly sales targets.
• Maintain strong relationships with existing and prospective customers.
• Follow up regularly with customers and manage the sales pipeline.
• Assist customers with the application and documentation process.
• Ensure accurate completion of KYC and other required documentation.
• Maintain records of sales activities and customer interactions.
• Follow company policies, regulatory requirements, and ethical sales practices.
• Identify opportunities for cross-selling and referrals.

Preferred candidate profile

• Excellent communication and interpersonal skills.
• Strong convincing, negotiation, and relationship-building abilities.
• Target-oriented and self-motivated approach.
• Ability to work independently and as part of a team.
• Basic knowledge of insurance and financial products is an advantage.