Insurance Sales Role (7-15 Yrs) Mumbai/Navi Mumbai (BFSI Sales)

The Senior Insurance Sales Executive will be responsible for driving sales of insurance products, managing key client relationships, and expanding the company s client base. This senior-level position requires a high degree of expertise in the insurance industry, sales strategies, and team leadership. The role involves selling a variety of insurance products, including life, health, auto, home, and commercial insurance, to both individual and corporate clients.Key Responsibilities:Sales Strategy Development & Execution- Develop and implement strategic sales plans to achieve sales targets for insurance products across various segments.- Drive new business development by identifying potential clients, generating leads, and converting them into long-term customers.- Collaborate with the marketing team to create targeted campaigns to increase lead generation.- Oversee the full sales cycle from prospecting to closing, ensuring smooth transitions and customer satisfaction.Client Relationship Management- Establish and maintain strong, long-lasting relationships with existing and new clients.- Serve as the primary point of contact for high-value clients, providing personalized advice and insurance solutions based on their needs.- Conduct regular client reviews to assess their insurance needs and offer product updates or changes.Team Leadership & Mentoring- Mentor and guide junior sales staff and insurance agents to improve their sales techniques and achieve individual and team sales targets.
-Conduct training sessions and workshops to enhance the team s knowledge of products and sales tactics.- Collaborate with management to set performance targets, track team progress, and offer constructive feedback.Product Knowledge & Consultation- Stay updated on the latest insurance products, industry trends, and regulatory changes to provide accurate advice to clients.- Analyze clients needs and recommend tailored insurance solutions based on their personal, business, or organizational requirements.- Educate clients on the benefits of various insurance policies and ensure they are well-informed about their coverage options.Performance & Reporting- Meet and exceed monthly, quarterly, and annual sales targets.- Prepare and present detailed sales reports, forecasts, and pipeline updates to senior management.- Utilize CRM systems to manage client interactions and sales progress.Market Expansion- Identify and develop new markets and customer segments to drive revenue growth.- Build partnerships with other financial services or third-party providers to expand the product offering and increase sales opportunities.Compliance & Risk Management- Ensure all sales activities comply with legal, regulatory, and company standards.- Educate clients about policy terms, conditions, exclusions, and any changes in insurance regulations.- Maintain accurate documentation for all insurance sales, ensuring proper record-keeping for audit and compliance purposes. (ref:updazz.com)

Payroll Type : Permanent