Corporate Sales (National Role) - General Insurance Broking Job Description Template
The Corporate Sales (National Role) - General Insurance Broking position is responsible for acquiring and managing large corporate clients, driving revenue growth, and ensuring client satisfaction through effective insurance solutions. The role operates at a national level, based in either Mumbai or Delhi.
Responsibilities
- Develop and execute a strategic sales plan to achieve national sales targets.
- Acquire and manage large corporate clients, providing them with tailored insurance solutions.
- Build and maintain strong relationships with key decision-makers and stakeholders.
- Collaborate with internal teams to ensure seamless service delivery and client satisfaction.
- Monitor market trends and competitor activities to identify new business opportunities.
- Prepare and present sales reports, forecasts, and performance analyses.
- Ensure compliance with industry regulations and company policies.
Qualifications
- Bachelor’s degree in Business, Marketing, Finance, or a related field.
- Minimum of 7 years of experience in corporate sales, preferably within the insurance sector.
- Proven track record of achieving sales targets and driving revenue growth.
- Strong knowledge of general insurance products and market trends.
- Exceptional communication, negotiation, and presentation skills.
- Ability to travel as required.
Skills
- Sales Strategy
- Client Relationship Management
- Insurance Broking
- Market Analysis
- Negotiation
- Presentation Skills
- Revenue Forecasting
- Compliance Knowledge
Frequently Asked Questions
A Corporate Sales professional in a national role within General Insurance Broking is responsible for developing and managing relationships with corporate clients across the country. Their duties include identifying insurance needs, proposing solutions, negotiating terms, and ensuring client satisfaction. They play a pivotal role in increasing the market share and revenue of the broking firm by securing new business and maintaining existing accounts.
To become a Corporate Sales professional in General Insurance Broking, candidates typically need a bachelor's degree in business, finance, or a related field. Many positions require relevant experience in sales or insurance. Professional qualifications like a Chartered Insurance Broker or relevant certifications can enhance career prospects. Building strong sales skills, networking, and gaining industry knowledge are crucial steps in this career path.
The average salary for a Corporate Sales professional in General Insurance Broking varies based on factors such as location, experience, and company size. Generally, this role offers a competitive salary structure, often including base pay plus incentives or commissions. Experienced professionals in national roles can expect higher compensation due to the strategic nature and scope of their responsibilities.
Candidates aspiring for a Corporate Sales national role in General Insurance Broking should ideally have a bachelor's degree in finance, business, or a similar discipline. Experience in sales and the insurance industry is highly valued. Professional certifications or courses in insurance broking, risk management, or sales can further enhance qualifications and prepare candidates for the demands of the role.
A Corporate Sales professional in the General Insurance Broking sector must possess strong negotiation, relationship-building, and communication skills. Responsibilities include identifying client needs, proposing insurance solutions, negotiating terms, and managing national client portfolios. Understanding insurance products, market dynamics, and risk management is crucial. Strategic thinking and the ability to drive sales growth are also essential for success.