Insurance Sales Executive

Position Overview

We are looking for a dynamic, ambitious, and result-oriented Insurance Sales Executive to join our growing team. The ideal candidate will be responsible for generating new business , selling insurance policies , building client relationships , and achieving sales targets . This role involves understanding customer needs, recommending suitable insurance products, and providing personalized financial solutions . Whether you are a fresher with strong communication skills or an experienced sales professional, this position offers excellent career growth opportunities in the insurance sector.

Key Responsibilities

1. Sales & Business Development

• Identify potential customers and approach them to explain available insurance products .
• Promote and sell life insurance, health insurance, vehicle insurance, term plans, and investment-linked policies .
• Generate leads through cold calling, referrals, networking, social media, and field visits .
• Achieve individual and team sales targets consistently.

2. Customer Relationship Management

• Understand client requirements, assess their financial goals, and suggest suitable insurance plans.
• Build and maintain strong, long-term relationships with existing customers.
• Follow up regularly with clients to provide updates and renew policies.
• Ensure a positive customer experience through effective communication and personalized service.

3. Policy Guidance & Consultation

• Educate clients about the benefits, coverage, terms, and conditions of various insurance policies.
• Assist customers in selecting the right insurance plans based on their needs and budgets.
• Explain claim settlement procedures, premium payment schedules, and policy exclusions.
• Stay updated on new insurance products and market trends to advise clients better.

4. Documentation & Compliance

• Handle documentation for policy issuance, renewals, and claims processing.
• Ensure complete and accurate KYC verification and maintain client records.
• Follow regulatory compliance as per IRDAI guidelines and company policies.
• Maintain transparency and integrity in all customer dealings.

5. Reporting & Coordination

• Prepare daily, weekly, and monthly sales reports for the management team.
• Coordinate with the back-office team for policy approvals, claims, and after-sales support.
• Participate in sales meetings, training sessions, and team discussions.
• Work closely with supervisors to improve strategies and enhance conversion rates.

Required Skills & Competencies

Technical / Product Skills:

• Basic understanding of insurance products, financial planning, and risk management (preferred but not mandatory) .
• Familiarity with policy documents, premium calculations, and claim processes.

Sales & Communication Skills:

• Strong persuasion, negotiation, and closing skills .
• Excellent verbal and written communication in English, Hindi, and local languages.
• Ability to present information clearly and handle customer queries confidently.