Corporate sales- Employee Benefit Practice

4 weeks ago

Delhi, Delhi, India Anand Rathi Insurance Brokers Ltd Full time

Role Purpose

The purpose of the Corporate Sales- Employee Benefit Practice Role is to drive business growth in Employee benefit practice by actively engaging with corporate clients, understanding their risk profiles, and offering insurance solutions that align with their business objectives. The role involves establishing strong client relationships, meeting sales targets, and ensuring client satisfaction.

Key Expectations of the Role

Client Relationship Management:

  • Build and maintain strong relationships with corporate clients by understanding their insurance needs and offering tailored solutions.
  • Act as the main point of contact for clients, ensuring timely responses to inquiries and concerns.

Sales Target Achievement:

  • Set and achieve ambitious sales targets by identifying new business opportunities and upselling to existing corporate clients.
  • Develop and implement effective sales strategies to drive revenue growth and meet business objectives.

Market Analysis and Prospecting:

  • Conduct market research to identify potential corporate clients and market trends relevant to the insurance industry.
  • Prospect new clients, analyze their risk profiles, and create compelling insurance proposals tailored to their needs.

Policy Presentation and Negotiation:

  • Deliver persuasive presentations to clients, explaining insurance solutions and negotiating policy terms and conditions to secure deals.
  • Collaborate with underwriters and insurers to negotiate favorable terms on behalf of clients.

Documentation and Compliance:

  • Ensure accurate and complete documentation of policies, contracts, and client information in compliance with company policies and regulatory requirements.
  • Adhere to all legal and compliance standards while handling client transactions and business operations.

Personal Qualifications

  • Educational Background: A bachelor's degree in business, marketing, insurance, finance, or a related field is preferred.
  • Experience: Prior experience in corporate sales for Employee Benefits practice, business development, or a similar role within the insurance industry is advantageous.
  • Certifications: Relevant certifications in sales, business development, or insurance broking are beneficial.
  • Technology Proficiency: Proficient in using CRM systems, Microsoft Office suite (Word, Excel, PowerPoint), and sales-related software.

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