Insurance manger

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 Option 1 (Fixed + Commission): Compensation Structure · Fixed Salary: ₹50,000 per month (for candidates with 5–7 years of experience). · Sales Target: ₹5,00,000 per month. · Incentive: 50% commission on the revenue earned from sales exceeding the monthly target of ₹5,00, Salesmen (4–5 yrs. experience) Option 1 (Fixed Pay + Commission): Compensation Structure · Fixed salary: ₹40,000 per month. · Sales Target: ₹5,00,000 per month. · Incentive: 50% commission on the revenue earned from sales exceeding the monthly target of ₹5,00,000. Option 2 – Commission Only · Incentive: 50% commission on the revenue earned on a monthly sales target of 5 lakhs per month. · Enhanced Incentive: Commission increases to 75% on the revenue earned once monthly sales exceed ₹5,00,000. We are also willing on board fresher's or candidates with relatively low experience under a commission only model. Expected joining date – Immediate to 15 days

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