Insurance Sales Executive Jobs Opening in Navnit Insurance Broking at Andheri East, Andheri West, Mumbai
Insurance Sales Executive
Job Description
Position Summary
We are looking for a proactive, driven, and customer-oriented Insurance Sales Executive to join our growing team. The ideal candidate will be responsible for identifying potential clients, understanding their insurance needs, and selling suitable insurance policies such as life insurance, health insurance, vehicle insurance, general insurance, or investment-linked insurance plans.
The role requires excellent communication, interpersonal, and consultative selling skills. The Insurance Sales Executive plays a key role in educating customers on risk management and helping them make informed financial protection decisions. Whether working in a branch office or in the field, the advisor is expected to build lasting client relationships and meet sales targets consistently.
Key Responsibilities
1. Prospecting and Lead Generation
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Identify and develop a strong pipeline of potential clients through cold calling, referrals, digital marketing, networking events, and walk-ins.
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Build and maintain relationships with existing customers for renewals and upselling.
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Attend community, business, or social events to generate new leads.
2. Needs Assessment and Consultation
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Conduct in-depth discussions with clients to understand their financial goals, risk appetite, family obligations, and life stage.
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Recommend appropriate insurance products based on their needs such as:
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Term Life Insurance
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Whole Life / Endowment Plans
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Health & Critical Illness Plans
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Motor Insurance
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Unit-Linked Insurance Plans (ULIPs)
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Retirement and Child Education Plans
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3. Product Presentation and Sales Conversion
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Explain policy features, benefits, terms, premiums, and coverage limitations clearly and transparently.
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Provide product comparisons to help customers make informed choices.
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Guide clients through the application, documentation, and premium payment process.
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Meet or exceed assigned monthly, quarterly, and annual sales targets.
4. Post-Sales Service and Policy Management
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Assist clients with policy issuance, endorsements, claims filing, renewals, and policy servicing.
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Follow up with customers on payment reminders, maturity benefits, and bonus updates.
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Maintain accurate records of client interactions and policy details in CRM or sales databases.
5. Compliance and Professional Conduct
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Ensure all sales activities adhere to IRDAI (Insurance Regulatory and Development Authority of India) or local regulatory guidelines.
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Maintain a thorough understanding of company products, underwriting criteria, and risk assessment procedures.
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Attend regular training programs and product briefings to stay updated with market offerings and policies.
6. Reporting and Coordination
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Submit daily, weekly, and monthly sales reports to the reporting manager.
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Collaborate with branch teams, underwriters, and customer service teams to ensure smooth policy issuance.
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Maintain a high level of customer satisfaction and trust.
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: B.Com, BA, 12th Pass (HSE), Other Graduate, Other Course
- What are the salary requirements for this job?
- Ans: The salary range is between 13000 and 15000 Monthly. The Salary will depend on the interview. This Insurance Sales Executive is a Full Time in Mumbai.
- 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.
