Insurance Sales Executive Jobs Opening in Garnet MotorsIndia Pvt. Ltd at Amravati Road, Nagpur
Insurance Sales Executive
Job Description
Key Responsibilities
1. Sales and Lead Generation
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Prospecting: Identify and approach potential clients through cold calls, referrals, door-to-door visits, digital campaigns, or networking events.
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Client Engagement: Schedule meetings with individuals or businesses to understand their insurance needs, financial situation, and risk tolerance.
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Lead Management: Track and follow up on leads consistently to ensure conversion into actual policies.
2. Product Consultation and Policy Customization
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Needs Analysis: Assess the client’s requirements and suggest suitable insurance products such as life insurance, health insurance, vehicle insurance, property insurance, or business liability coverage.
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Policy Explanation: Clearly explain the features, benefits, premium structure, coverage limits, and terms & conditions of different policies.
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Tailoring Solutions: Customize insurance plans as per client requirements while adhering to company and regulatory guidelines.
3. Sales Conversion
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Presenting Proposals: Prepare insurance quotations, illustrations, and proposals that meet client needs and budget.
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Negotiation and Closure: Negotiate terms and premium payments (if applicable) and work toward closing the sale effectively.
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Documentation: Ensure accurate and timely submission of forms, KYC documents, and policy paperwork as per compliance norms.
4. Customer Relationship Management
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Policy Servicing: Assist clients with claims, renewals, updates, endorsements, or cancellations.
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Renewal Reminders: Proactively remind clients about policy expiry dates and encourage timely renewals.
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Cross-Selling and Up-Selling: Introduce clients to additional or enhanced insurance products based on changing life stages or needs.
5. Market Intelligence and Reporting
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Competitor Awareness: Stay informed about competitor insurance offerings, rates, and promotions to maintain a competitive edge.
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Customer Feedback: Collect and report customer feedback to improve product offerings and service experience.
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Sales Reporting: Maintain daily/weekly/monthly reports of client interactions, sales achieved, and follow-up status.
6. Compliance and Ethics
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Regulatory Adherence: Ensure all activities are compliant with IRDAI (Insurance Regulatory and Development Authority of India) or other country-specific insurance regulations.
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Honesty and Transparency: Maintain ethical standards in sales, giving clients accurate information without misleading tactics.
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Confidentiality: Handle all client data with utmost confidentiality and responsibility.
More information about this Insurance Sales Executive Job
Please go through the below FAQs to get all answers related to the given Insurance Sales Executive job
- What are the job requirements to apply for this Insurance Sales Executive job position?
- Ans: A candidate must have a minimum of fresher as an Insurance Sales Executive
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: 12th Pass (HSE)
- 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 Sales Executive is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Insurance Sales Executive position?
- Ans: There are immediate 1 job openings for Insurance Sales Executive in our Organisation.
Job Particulars
About Company
Nagpur 
Freshers 
Salary not disclosed 
LLM, B.Arch, Certificate Course (ITI), Diploma, M Phil / Ph.D, B.Com, B.Pharm, BA, M.Arch, M.Com, M.Pharm, MA, BBA/BBM, BCA, BDS, BE/B.Tech, MBA/PGDM, BEd, BHM, BSc, MCA, MD, MDS, ME/M.Tech, BVSc, CA, CS, ICWA, LLB, MBBS, MEd, MHM, MS, MSc, MSW, PG Diploma, 10th Pass (SSC), 12th Pass (HSE), No Education/Schooling, Upto 9th Std, Vocational Training, B.Design, B.FashionTech, BFA, BAMS, BHMS, MVSc, B.P.Ed, MPEd, B.F.Sc(Fisheries), M.F.Sc(Fisheries), BSW, Other Graduate, Other Post Graduate
Nagpur
Freshers
Salary not disclosed
Any Graduate
Nagpur
Freshers
Salary not disclosed
Any Graduate
Mumbai, Nagpur, Akola
Freshers
Salary not disclosed
Diploma, B.Com, BA
Nagpur
1 to 2 Years
Salary not disclosed
B.Pharm, BE/B.Tech, BSc 
