Insurance Advisor Jobs Opening in Reputed Insurance Company at Chromepet, Madipakkam, Medavakkam, Chennai
Insurance Advisor
Job Description
Key Responsibilities:
1. Client Acquisition and Lead Generation:
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Identify potential clients through various channels such as cold calling, networking, referrals, community events, or digital platforms.
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Conduct initial outreach to explain insurance services and schedule consultations.
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Use CRM tools, telecalling, or door-to-door campaigns to build a database of prospects.
2. Needs Assessment and Product Recommendation:
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Conduct thorough financial needs analysis for clients to determine appropriate insurance coverage based on their life stage, goals, income, and dependents.
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Explain the features, benefits, and limitations of various insurance products (e.g., life insurance, term plans, health insurance, motor insurance, ULIPs, endowment plans, retirement plans).
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Recommend the most suitable policies and riders based on customer profiles and needs.
3. Sales and Policy Issuance:
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Guide clients through the entire application and documentation process for policy issuance.
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Clearly communicate premium amounts, payment modes, policy terms, maturity benefits, claim process, and cancellation options.
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Ensure all forms, documents, and declarations are filled accurately and submitted on time.
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Coordinate with the underwriting or back-office teams to ensure timely policy issuance.
4. Customer Relationship Management:
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Build long-term relationships with clients by maintaining regular contact and updating them about new policies or product revisions.
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Provide annual policy reviews and suggest top-ups, renewals, or changes based on evolving client needs.
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Assist clients with premium payments, policy renewals, and online services.
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Provide guidance and support during claim settlement processes, ensuring customer satisfaction.
5. Reporting and Documentation:
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Maintain daily activity records including client meetings, follow-ups, sales closed, and revenue earned.
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Use CRM systems or spreadsheets to track performance metrics and policy status.
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Submit weekly or monthly reports to the branch or sales manager.
6. Compliance and Ethics:
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Ensure compliance with all IRDAI (Insurance Regulatory and Development Authority of India) guidelines and company policies.
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Maintain client confidentiality and handle personal data responsibly.
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Avoid mis-selling by ensuring that all information provided to clients is transparent and accurate.
7. Training and Skill Development:
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Attend regular product training, sales workshops, and certification programs conducted by the company or regulatory bodies.
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Stay updated on new insurance products, market trends, taxation rules (like Section 80C, 10(10D) of Income Tax Act), and changes in insurance regulations.
More information about this Insurance Advisor Job
Please go through the below FAQs to get all answers related to the given Insurance Advisor job
- What are the job requirements to apply for this Insurance Advisor job position?
- Ans: A candidate must have a minimum of 1 year experience as an Insurance Advisor
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com, BA, 12th Pass (HSE), 10th Pass (SSC)
- What are the salary requirements for this job?
- Ans: The salary range is between 5000 and 6000 Monthly. The Salary will depend on the interview. This Insurance Advisor is a Part Time in Chennai.
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Insurance Advisor is a work from home job?
- Ans: Yes,its a Work from Home Job.
- How many job vacancies are opening for the Insurance Advisor position?
- Ans: There are immediate 1 job openings for Insurance Advisor in our Organisation.
Job Particulars
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