Corporate Sales (PAN India) - General Insurance Broking Company Job Description Template
As a Corporate Sales professional at our General Insurance Broking Company, you will spearhead sales initiatives across India, focusing on acquiring new corporate clients and nurturing existing relationships. Your role will involve strategic planning, market analysis, and the delivery of customized insurance broking solutions to meet client needs.
Responsibilities
- Identify and target potential corporate clients across India.
- Develop and implement strategic sales plans to achieve company objectives.
- Build and maintain strong, long-lasting client relationships.
- Negotiate and close agreements with clients.
- Understand client needs and provide tailored insurance solutions.
- Collaborate with underwriters and insurance companies to secure optimal terms for clients.
- Monitor market trends and competitor activities to identify opportunities for growth.
- Prepare and deliver presentations and proposals to prospective clients.
- Meet and exceed sales targets and KPIs.
Qualifications
- Bachelor’s degree in Business, Marketing, Finance, or a related field.
- Proven experience in corporate sales, preferably in the insurance industry.
- Strong understanding of general insurance products and services.
- Demonstrated ability to develop and implement sales strategies.
- Excellent communication and negotiation skills.
- Ability to work independently and as part of a team.
- Willingness to travel extensively across India.
Skills
- Sales strategy development
- Client relationship management
- Negotiation
- Market analysis
- Presentation skills
- Insurance product knowledge
- Business acumen
- CRM software proficiency
Frequently Asked Questions
A Corporate Sales professional in a General Insurance Broking Company is responsible for identifying and developing relationships with corporate clients to sell insurance products. They analyze business risks, customize insurance solutions, stay updated with market trends, and coordinate with underwriters and claims teams. They play a pivotal role in achieving sales targets and maintaining client satisfaction.
To become a Corporate Sales team member in a General Insurance Broking Company, candidates typically need a bachelor's degree in business, finance, or related fields. Experience in sales, marketing, or insurance is advantageous. Developing skills in negotiation, customer relationship management, and having a solid understanding of insurance products is crucial. Networking and continuous learning in the insurance sector are also beneficial.
The average salary for a Corporate Sales professional in the General Insurance sector can vary based on factors such as experience, location, and company size. Generally, compensation includes a base salary and possibly commissions or bonuses tied to sales performance. In addition, benefits like health insurance, retirement plans, and professional development opportunities may be offered.
Qualifications for a Corporate Sales role in a General Insurance Broking Company typically include a bachelor's degree in fields such as business administration, marketing, or finance. Professional certifications related to insurance or sales can enhance a candidate's profile. Additionally, strong communication, analytical skills, and experience in sales or customer service are valuable qualifications for this role.
A successful Corporate Sales professional in a General Insurance Broking Company should possess strong communication and negotiation skills, an understanding of insurance products, and the ability to analyze clients' business risks. Responsibilities include meeting sales targets, developing client relationships, customizing insurance solutions, and staying informed about industry trends to provide strategic advice to clients.