Insurance Sales Executive
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New
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Job summary
An Insurance Sales Executive identifies prospects, and sells insurance policies (life, health, property, and motor) to individuals or businesses to grow the company's client base. Responsibilities include generating leads, assessing client needs, providing quotes, closing sales, and managing client relationships.
Min Qualification:
HND
Experience Level:
No Experience
Experience Length:
No Experience/Less than 1 year
Job descriptions & requirements
Responsibilities:
- Sales Generation: Actively seek new business opportunities through cold calling, networking, referrals, and following up on leads.
- Customer Needs Assessment: Analyze client risk profiles to recommend and customize suitable insurance policies.
- Policy Processing: Guide clients through application, underwriting, and policy issuance processes.
- Relationship Management: Maintain client records, assist with renewals, and provide ongoing service to ensure satisfaction.
- Target Achievement: Meet or exceed daily, weekly, and monthly sales targets and Key Performance Indicators (KPIs).
- Compliance: Maintain up-to-date knowledge of insurance products, industry trends, and regulatory requirements.
Requirements:
- Education: A Bachelor's degree or HND in Business Administration, Marketing, or a related field is typically preferred.
- Experience: years of experience are not required, but experience in the insurance or financial services sector will be an advantage
- Skills: Strong negotiation, persuasion, and closing abilities.
- Communication: Exceptional verbal and written communication skills for building client relationships.
- Attributes: Highly self-motivated, goal-oriented, resilient, and capable of working independently.
- Technical Knowledge: Understanding of insurance products (life, motor, home) and ability to analyze client needs.
- Tools: Proficiency in Microsoft Office Suite and CRM software.
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