Insurance Sales Executive

Introduction

We are seeking an energetic and results-driven Insurance Sales Executive to join our team. The ideal candidate will be responsible for identifying and developing new business opportunities, understanding client needs, recommending suitable insurance products, and achieving sales targets . This role requires excellent communication skills, a strong understanding of insurance products, and the ability to build and maintain long-term customer relationships. If you are passionate about sales, client servicing, and achieving targets , this is an excellent opportunity to grow your career in the insurance sector.

Key Responsibilities

1. Business Development & Lead Generation

• Identify, develop, and manage new business opportunities in the insurance market.
• Generate leads through networking, cold calling, referrals, digital marketing, and business partnerships.
• Develop and implement strategies to increase client acquisition and achieve revenue growth.
• Build and maintain a pipeline of prospective clients through regular follow-ups and engagement.

2. Client Consultation & Needs Assessment

• Conduct client meetings to understand their insurance needs and financial objectives .
• Analyze client requirements and recommend suitable insurance products, including life, health, motor, property, and general insurance plans.
• Educate clients on various policy options, terms, coverage details, and premium structures.
• Provide customized solutions to meet client needs and ensure customer satisfaction.

3. Sales Presentation & Proposal Preparation

• Prepare and present detailed insurance proposals tailored to client requirements.
• Explain policy features, benefits, inclusions, exclusions, and claim processes in a clear and simple manner.
• Negotiate terms with clients to ensure mutual benefit and close deals successfully.
• Deliver effective product presentations to individuals and corporate clients.

4. Customer Relationship Management

• Maintain strong, long-term relationships with clients by providing ongoing support and after-sales service.
• Handle customer inquiries promptly and resolve issues related to policies, renewals, claims, and payments.
• Keep clients updated on new insurance products, promotional offers, and policy changes.
• Ensure a high level of client satisfaction through consistent communication and support.

5. Sales Tracking & Reporting

• Achieve monthly, quarterly, and annual sales targets as defined by the company.
• Maintain accurate and up-to-date records of client interactions, proposals, policies, and sales activities.
• Prepare regular reports on sales performance, revenue generation, and conversion ratios .
• Provide feedback to the management team on market trends, competitor activities, and customer requirements.

Required Skills & Competencies

Technical Skills

• Strong knowledge of insurance products and policies (life, health, general, and corporate insurance).
• Proficiency in preparing insurance proposals and explaining policy features.
• Basic understanding of financial planning, risk assessment, and compliance requirements .
• Comfortable using CRM...