Insurance Executive - Jalandhar, Punjab, India - WIZE ENTERPRISE
Description
Job Title:
Insurance Executive (Female)
Job Summary:
The Insurance Executive (Female) is responsible for managing client accounts, providing insurance solutions, and ensuring customer satisfaction. They play a vital role in sales, client retention, and maintaining strong relationships with insurance providers.
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Responsibilities:
-
Client Relationship Management:
- Build and maintain strong relationships with clients, understanding their insurance needs and requirements.
- Act as the main point of contact for clients, addressing inquiries, resolving issues, and providing assistance as needed.
- Conduct regular followups to ensure client satisfaction and retention.
Sales and Insurance Solutions:
- Identify and pursue new sales opportunities to expand the client base.
- Analyze clients' insurance needs and recommend appropriate coverage options.
- Prepare and present insurance proposals to clients, explaining coverage details, terms, and premiums.
Policy Administration:
- Coordinate with insurance carriers to process policy issuance, endorsements, and claims.
- Ensure accuracy and completeness of client records and documentation.
Market Research and Analysis:
- Stay informed about industry trends, market conditions, and competitor offerings.
- Conduct market research to identify potential clients and areas for business growth.
Compliance and Regulation:
- Ensure compliance with insurance regulations, policies, and procedures.
- Stay updated on changes in insurance laws and regulations, implementing necessary adjustments.
Administrative Tasks:
- Maintain organized files and records of client interactions, transactions, and policies.
- Generate reports, track sales metrics, and provide updates to management as required.
Qualifications:
- Bachelor's degree in business, finance, insurance, or related field.
- Proven experience in insurance sales, account management, or customer service.
- Relevant insurance certifications or licenses (e.g., state insurance license) preferred.
- Strong sales and negotiation skills.
- Excellent communication and interpersonal abilities.
- Attention to detail and strong organizational skills.
- Ability to work independently and as part of a team.
- Proficiency in MS Office and insurance management software.
Skills:
- Client relationship management
- Sales and business development
- Insurance knowledge and expertise
- Market research and analysis
- Compliance and regulatory understanding
- Administrative and organizational skills
Work Environment:
The Insurance Executive typically works in an office setting, interacting with clients, insurance providers, and colleagues. They may also spend time visiting clients' premises or attending networking events to generate leads and build relationships.
The work environment can be fast-paced, requiring multitasking and effective time management to meet sales targets and provide excellent customer service.
Job Types:
Full-time, Fresher
Pay:
₹8, ₹31,552.05 per month
Benefits:
- Cell phone reimbursement
- Paid sick time
Schedule:
- Day shift
Supplemental pay types:
- Performance bonus
- Yearly bonus
Experience:
- total work: 1 year (preferred)
Work Location:
In person
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