Insurance Sales Executive Jobs Opening in Vibe Insurance at Banashankari, HSR, Jayanagar, Bangalore
Insurance Sales Executive
Job Description
Key Responsibilities
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Sales and Lead Generation:
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Identify and generate leads through referrals, networking, cold calling, and other sales methods.
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Promote a range of insurance products, including life, health, auto, and property insurance, to individuals or businesses.
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Develop and maintain a sales pipeline to ensure a consistent flow of prospects and clients.
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Qualify leads by assessing the customer's needs and matching them with appropriate insurance policies.
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Customer Consultation:
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Meet with prospective clients to discuss their insurance needs and financial goals.
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Conduct thorough needs assessments to recommend the best insurance products.
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Explain policy options, coverage details, terms, and exclusions in an understandable manner.
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Provide personalized solutions based on the client’s unique requirements and risk profile.
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Sales Presentations:
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Prepare and deliver clear, persuasive sales presentations to individuals and business clients.
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Demonstrate the benefits and value of insurance policies through in-person meetings, phone calls, or online platforms.
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Address any questions or concerns regarding policy terms, premiums, and claims processes.
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Close sales by overcoming objections and ensuring the client understands the policy details.
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Client Relationship Management:
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Build long-term relationships with clients by maintaining regular communication and providing exceptional customer service.
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Assist clients with policy renewals, amendments, and claims submissions.
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Follow up with existing customers to ensure satisfaction, gather referrals, and identify opportunities for additional sales.
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Act as the first point of contact for clients who need assistance with their insurance policies.
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Sales Target Achievement:
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Meet or exceed monthly, quarterly, and annual sales targets and quotas.
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Track and manage progress towards sales goals and report regularly to management on performance.
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Utilize CRM tools to manage leads, track interactions, and monitor progress in the sales funnel.
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Participate in promotional campaigns or contests to enhance sales performance.
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Market Research and Competitor Analysis:
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Stay up-to-date on market trends, new products, and competitors in the insurance industry.
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Understand changes in insurance laws and regulations that may affect clients’ policies.
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Adjust sales strategies to align with market conditions and competitive offerings.
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Documentation and Reporting:
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Ensure that all paperwork related to sales, policies, claims, and renewals is completed accurately and submitted in a timely manner.
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Maintain accurate and organized records of customer information, policy details, and sales activities.
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Submit regular reports on sales activities, forecasts, and progress towards targets to the sales manager or senior leadership.
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Compliance and Ethical Selling:
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Ensure that all sales activities adhere to legal and regulatory requirements within the insurance industry.
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Uphold the company’s ethical standards by providing clear, honest, and transparent information to clients.
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Maintain confidentiality of client information and follow company guidelines for data protection.
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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, BBA/BBM, 12th Pass (HSE)
- What are the salary requirements for this job?
- Ans: The salary range is between 10000 and 15000 Monthly. The Salary will depend on the interview. This Insurance Sales Executive is a Full Time in Bangalore.
- 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
Bangalore 
Freshers 
Salary not disclosed 
12th Pass (HSE)
Bangalore
Freshers
Salary not disclosed
12th Pass (HSE)
Bangalore
Freshers
Salary not disclosed
10th Pass (SSC), 12th Pass (HSE)
Bangalore
1 to 3 Years
Salary not disclosed
B.Com, BA, BCA, BSc, 10th Pass (SSC), 12th Pass (HSE), Vocational Training
Bangalore
Freshers
Salary not disclosed
BA, BBA/BBM
Bangalore, Kolar, Mangalore
Freshers
Salary not disclosed
Diploma, B.Com, BA, BBA/BBM, 12th Pass (HSE)
Bangalore
Freshers
Salary not disclosed
B.Com, BA, BBA/BBM, BCA, BE/B.Tech, BSc, BBS, BMS
Delhi, Bangalore, Mumbai
Freshers
Salary not disclosed
BBA/BBM, MBA/PGDM, Master in Marketing, Master of International Business
Bangalore
Freshers
Salary not disclosed
B.Com
Bangalore
1 to 3 Years
Salary not disclosed
B.Com, BA, BBA/BBM, BHM, LLB
Bangalore
Freshers
Salary not disclosed
Diploma, B.Com, BA, BBA/BBM, 12th Pass (HSE)
Bangalore
1 to 3 Years
Salary not disclosed
B.Com, BBA/BBM
Bangalore
1 to 3 Years
Salary not disclosed
BBA/BBM
Bangalore
Freshers
Salary not disclosed
BBA/BBM
Bangalore
0 to 3 Years
Salary not disclosed
BA, BBA/BBM
Bangalore
Freshers
Salary not disclosed
Diploma, B.Com, BA, BBA/BBM, BHM, Vocational Training, BTTM, Other Graduate
Bangalore
Freshers
Salary not disclosed
B.Com, M.Com, BBA/BBM, MBA/PGDM
Bangalore
Freshers
Salary not disclosed
12th Pass (HSE)
Bangalore
3+ Years
Salary not disclosed
B.Com, BA, M.Com, MA, BBA/BBM, MBA/PGDM, BBS, MBS
Bangalore
Freshers
Salary not disclosed
B.Com, BA, BBA/BBM, MBA/PGDM, BSc 
