Job Title: Insurance Sales Executive
Overview:
The Insurance Sales executive leads the sales function within the insurance division, driving revenue growth, developing strategies, and managing a team of sales professionals. This role requires strong leadership, deep industry knowledge, and a proven track record in achieving sales targets while building long-term client relationships.
Key Responsibilities:
Sales Leadership & Strategy
- Develop and execute sales strategies to achieve company growth and revenue targets.
- Identify new business opportunities and market segments to expand the client base.
- Set sales goals, forecasts, and performance metrics for the team.
- Monitor market trends, competitors, and regulatory changes to adjust strategies accordingly.
Team Management & Development
- Lead, mentor, and motivate a team of insurance sales managers/agents.
- Provide training, coaching, and performance evaluations to maximize productivity.
- Foster a high-performance sales culture focused on customer satisfaction and results.
Client Relationship Management
- Build and maintain strong relationships with high-value clients, brokers, and corporate accounts.
- Oversee the resolution of client issues to ensure excellent service and retention.
- Represent the company at networking events, conferences, and industry functions.
Operational & Financial Oversight
- Prepare and manage the sales budget, forecasts, and reports.
- Track KPIs and present performance updates to senior leadership.
- Ensure compliance with insurance regulations, policies, and ethical standards.
Product & Market Development
- Collaborate with underwriting, product, and marketing teams to design competitive offerings.
- Provide feedback on customer needs, product improvements, and market demands.
- Stay updated on insurance products (life, health, general, commercial, etc.) to guide the team effectively.
Skills & Qualifications:
- Strong leadership and team management skills.
- Excellent communication, negotiation, and presentation abilities.
- Deep knowledge of insurance products, sales processes, and industry regulations.
- Analytical mindset with the ability to interpret sales data and market trends.
- Ability to build trust-based relationships with clients and stakeholders.
Typical Requirements:
- Bachelor’s degree in Business, Finance, Marketing, or related field (Master’s preferred).
- 3 to 6 years of insurance sales experience.
- Proven track record of meeting or exceeding sales targets in insurance.
Job Type: Full-time
Application Question(s):
- How many years of experience do you have in the Insurance Industry?
- Have you worked in General Insurance, Motor Insurance, and Health Insurance?
- Kindly Mention your expected salary