Sr- Manager Insurance Sales
- Finvasia
- 10 - 18 years
- Mohali, Chandigarh
- 1 month ago
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Job Description
Role & responsibilities
Sales Strategy & Execution: Develop and implement sales strategies that promote the growth of life insurance, health insurance, vehicle insurance, home insurance, and corporate insurance solutions. Ensure that the sales strategies align with Finvasia overall business objectives and market expansion goals.
Preferably from Insurance Broking
- Team Leadership & Development: Lead, mentor, and motivate the insurance sales team to consistently achieve sales targets. Conduct regular performance evaluations, identify training needs, and cultivate a high-performance culture within the team.
- Revenue & Target Management: Set clear and achievable revenue targets for each insurance product category. Track sales performance, manage the sales pipeline, and ensure that all targets are met or exceeded to maximise profitability.
- Business Development: Identify and capitalise on new business opportunities by establishing relationships with potential clients across sectors. Collaborate with internal teams to create customised insurance solutions for clients needs.
- Client Relationship Management: Build and maintain strong, long-term relationships with key clients. Understand their insurance needs and provide tailored solutions that enhance customer satisfaction and foster long-term partnerships.
- Market Analysis & Competitor Insights: Stay up to date with market trends, industry developments, and competitor offerings. Use this market intelligence to refine sales strategies, stay competitive, and identify growth opportunities within the insurance sector.
- Collaboration with Cross-Functional Teams: Collaborate closely with internal teams from Marketing, Operations, Risk Management, and Claims to ensure seamless execution of the sales process, from prospecting to policy issuance and customer service.
- Reporting & Analytics: Prepare regular reports for senior management, detailing sales performance, market dynamics, and forecasts. Use data and insights to refine sales strategies, improve conversion rates, and drive continuous growth.
- Compliance & Risk Management: Ensure that all sales activities comply with regulatory guidelines and Finvasias compliance framework. Promote ethical sales practices and ensure that risks related to client acquisition and insurance policy sales are mitigated
Preferred candidate profile :-
a.Excellent communication, negotiation, and presentation skills.
b. Strong ability to drive results in a high-pressure environment and meet sales targets.
c. Excellent analytical and problem-solving skills.
d. In-depth knowledge of various insurance products (Life Insurance, Health Insurance, Vehicle Insurance, Home Insurance, Corporate Insurance) and their markets.
e. Demonstrated experience in developing strategic sales plans, sales forecasts, and managing team performance in the insurance space.
f. Leadership and team management skills with a focus on team development, motivation and success
Perks and benefits
Well drafted incentive plan along with the salary best and at par the industry norms
Job Classification
Industry: Financial ServicesFunctional Area / Department: BFSI, Investments & Trading,
Role Category: Trading, Asset & Wealth Management
Role: Sales Manager
Employement Type: Full time
Contact Details:
Company: FinvasiaLocation(s): Mohali, Chandigarh
Keyskills: Health Insurance Sales Sales Life Insurance Direct Channel Sales General Insurance Sales
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