Insurance Sales Executive

2 weeks ago

Lower Parel Mumbai Maharashtra, India BTW Financial Services & Imf Pvt Ltd Full time ₹ 3,00,000 - ₹ 6,00,000 per year

Key Duties and Responsibilities

A. Business Development & Client Acquisition

  • Identify and prospect potential corporate clients across industries including Large Corporates, MSMEs, and sector-specific businesses.
  • Develop engagement opportunities to acquire business across multiple insurance lines — Property, Project, Liability, Group Health (GMC), Group Personal Accident (GPA), Marine, Engineering, and other commercial insurance products.
  • Build and manage a strong sales funnel to achieve revenue growth, business targets, and profitability.
  • Generate leads through networking, referrals, cold calling, digital outreach, and participation in industry events or forums.
  • Design and execute marketing and sales strategies to promote insurance products and expand market presence.

B. Sales Strategy & Presentation

  • Develop and implement effective sales strategies to achieve assigned goals and increase market penetration.
  • Conduct detailed insurance presentations, product demos, and proposal pitches to clients, emphasizing coverage benefits and value propositions.
  • Customize insurance solutions as per client risk profiles, business needs, and industry standards.
  • Guide clients in selecting appropriate insurance products aligned with regulatory and commercial requirements.
  • Convert leads into confirmed sales through strong negotiation and consultative selling.

C. Client Relationship Management

  • Maintain long-term relationships with existing clients to ensure renewals, retention, and cross-selling.
  • Conduct regular client meetings, renewal discussions, and policy servicing follow-ups.
  • Provide expert advice on policy terms, benefits, and coverage options.
  • Support clients during claim processes, ensuring a smooth and transparent experience.
  • Act as a trusted advisor, offering insights on risk management and policy optimization.

D. Policy Processing & Administration

  • Process new policy applications accurately within defined timelines.
  • Prepare, review, and negotiate policy renewals to maximize client retention.
  • Maintain confidential records of proposals, quotations, policy documents, and communications.
  • Ensure compliance with company procedures and IRDAI regulations.
  • Submit timely sales and renewal performance reports to management.

E. Market Research & Intelligence

  • Stay updated on industry trends, emerging risks, and competitor activities in the corporate insurance segment.
  • Analyze opportunities in new industries, geographies, and client segments.
  • Share market insights, client feedback, and competitive intelligence with management to refine strategies.

F. Training, Professional Development & Teamwork

  • Participate in regular product and sales training sessions to enhance insurance and regulatory knowledge.
  • Collaborate with internal teams to achieve collective business goals.
  • Uphold professionalism, punctuality, and integrity in all dealings.
  • Take ownership of performance metrics and continuously seek improvement.

G. Compliance & Reporting

  • Ensure adherence to company policies and IRDAI compliance standards.
  • Maintain accurate documentation of sales activities, client interactions, and policy data.
  • Prepare and submit MIS reports, forecasts, and performance reviews to management.
  • Recommend corrective measures and strategy improvements to enhance productivity

Job Type: Full-time

Pay: ₹24, ₹25,000.00 per month

Work Location: In person

  • Insurance Sales Executive

    8 hours ago

    Lower Parel, Mumbai, Maharashtra, India Gentoro People Consulting Full time

    **Position: Travel Insurance Executive** **Experience: 1-3yrs** **Location: Lower Parel, Mumbai** **Objective: - ** Drive corporate travel insurance sales by generating qualified leads, educating stakeholders, preparing competitive quotations, and ensuring seamless policy issuance and service. **Key Responsibilities**: **a) Lead Generation and Business...

  • Insurance Sales

    6 days ago

    Mumbai, Maharashtra, India MAX LIFE INSURANCE COMPANY Full time

    Greetings from Max/Kotak/Edelwiess Hiring for the post of Agency/Direct/Banca Channel - JOB RESPONSIBILITIES: **Job Title**: Insurance Sales Executive **Channel**: Agency / Direct / Banca **Location**: Mumbai **Qualification**: 10th / 12th Pass / Graduate **Experience**: Freshers & Experienced Welcome **Job Type**: Full-time **Salary**: Fixed + Attractive...

  • Insurance Sales Executive

    4 days ago

    Chandivali, Mumbai, Maharashtra, India Coverfox Insurance Broking Full time

    The role is to initiate, enable and conclude health insurance sales for customers as a telecaller through the call/contact centre setup. The incumbent will report to the Team Leader for the vertical. We are seeking a dedicated and motivated Tele caller to join our team, responsible for driving insurance sales, specifically in the areas of motor and health...

  • Insurance Sales Executive

    4 days ago

    Pune, Maharashtra, India Bajaj Allianz Life Insurance Full time

    Part time business opportunity..... Designation: 1) Insurance Sales Executive. (Must have sales Skills.) 2) Sr. Insurance Sales Business Development Manager. (Must have Recruitment Business development skills) Highest Incentives with Fixed Salary. Work from Home Job with flexible time. Age - 24yrs-75yrs. Education - 12th pass/Graduate/Masters. **Job...

  • Travel Insurance Executive

    4 days ago

    Lower Parel, Mumbai, Maharashtra, India Gentoro People Consulting Full time

    Position: Travel Insurance Executive Experience: 1-3yrs Location: Lower Parel, Mumbai Objective: - Drive corporate travel insurance sales by generating qualified leads, educating stakeholders, preparing competitive quotations, and ensuring seamless policy issuance and service. Key Responsibilities: a) Lead Generation and Business Development: - Identify...

  • Insurance Sales Executive

    2 days ago

    Pune, Maharashtra, India Policy Planner Insurance Brokers Pvt Ltd Full time

    The Sales Insurance Executive is responsible for driving sales growth by identifying and acquiring new clients, as well as maintaining and expanding relationships with existing clients. The role requires a deep understanding of insurance products, excellent communication skills, and the ability to develop and implement effective sales strategies. **Key...

  • B2B Travel Insurance Outreach Executive

    2 days ago

    Lower Parel, Mumbai, Maharashtra, India BTW Financial Services & Imf Pvt Ltd Full time ₹ 2,50,000 - ₹ 3,00,000 per year

    Lead nationwide B2B outreach to corporate HR/Admin decision-makers, travel agencies, and overseas education consultancies to generate and convert leads for travel insurance (corporate business travel and student travel). Build partnerships, drive pipeline growth, and execute multi-channel prospecting strategies across India.Key responsibilities:● Corporate...

  • Senior Sales Executive

    1 week ago

    Lower Parel, Mumbai, Maharashtra, India Purple Paani Full time ₹ 4,80,000 per year

    Job Title: Sales Executive / Senior Sales Executive – Agency ChannelLocation: Mumbai, Pune, Jaipur, Chandigarh, Ludhiana, and BhatindaExperience: 1–3+ years in General Insurance Agency Channel (Travel & Health preferred)Role Overview:We are looking for experienced Sales Executives / Senior Sales Executives with a proven background in General Insurance...

  • Sales Executive

    1 week ago

    Lower Parel, Mumbai, Maharashtra, India Purple Paani Full time ₹ 3,00,000 - ₹ 6,00,000 per year

    Job Title: Sales Executive – Agency ChannelLocation: MumbaiExperience: FresherRole Overview:We are looking for enthusiastic and motivated fresh graduates to join our Agency Channel Sales team for travel insurance. This role is ideal for individuals who want to start their career in the insurance sector and are eager to learn, grow, and succeed in sales.Key...

  • Sales Executive

    1 week ago

    Lower Parel, Mumbai, Maharashtra, India Super Scholar Full time

    **Job Title**: Sales Executive **Department**: Sales **Reports To**: Sales Manager **Job Summary**: A Sales Executive is responsible for driving company sales by sourcing new clients and maintaining relationships with existing clients. The role involves understanding customer needs, presenting appropriate solutions, and negotiating terms to close sales...