Insurance Manger

3 weeks ago

Hyderabad, Telangana, India Beta Trading Company (Motilal Oswal) Full time

Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.

Responsibilities


•          Sales Generation: Actively prospect for new clients through various lead generation activities, including networking, referrals, cold calling, and leveraging digital platforms.


•          Client Consultation: Conduct thorough needs assessments to understand clients' insurance requirements and financial situations.


•          Product Knowledge: Develop and maintain a comprehensive understanding of all insurance products offered by the company, including their features, benefits, and limitations.


•          Customized Solutions: Recommend and sell appropriate insurance policies to meet individual and business clients' needs, ensuring they understand the coverage and terms.


•          Quotation and Proposal Generation: Prepare accurate and competitive insurance quotes and proposals.


•          Policy Application and Processing: Guide clients through the application process, ensuring all necessary documentation is completed accurately and submitted in a timely manner.  


•          Client Relationship Management: Build and maintain strong, long-lasting relationships with clients, acting as their trusted advisor for all their insurance needs.


•          Policy Servicing: Provide ongoing support to clients, including assisting with policy renewals, endorsements, and claims processes.


•          Sales Targets and Reporting: Achieve and exceed sales targets as set by the company. Maintain accurate sales records and provide regular reports on sales activities and progress.


•          Industry Knowledge: Stay updated on industry trends, competitor activities, and new insurance products and regulations.


•          Compliance: Adhere to all company policies, procedures, and regulatory requirements.


•          Networking: Actively participate in networking events and build relationships with potential referral sources.


•          Continuous Learning: Participate in ongoing training and development programs to enhance product knowledge and sales skills.

Qualifications


•          Proven experience in sales, preferably within the insurance industry. Candidates with strong sales backgrounds in other sectors and a willingness to learn about insurance are also encouraged to apply.


•          Excellent communication, negotiation, and interpersonal skills with the ability to build rapport and trust with clients.


•          Strong understanding of sales principles and techniques.  


•          Ability to explain complex information clearly and concisely.


•          Customer-centric approach with a strong focus on providing excellent service.


•          Self-motivated, target-driven, and results-oriented with a proven track record of achieving sales goals.


•          Ability to work independently and as part of a team.


•          Strong organizational and time-management skills.  


•          Proficiency in basic computer applications and CRM software (preferred).  


•          [Specify any required licenses or certifications, e.g., IRDAI license]. If not currently licensed, a willingness to obtain the necessary licenses is essential.

Pay Structure

Insurance Managers

Up to 24 Lacks

Expected joining date – Immediate to 15 days

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