Insurance Sales Executive
Life Insurance Corporation of India
Gwalior, Madhya Pradesh, India · Full Time
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- Experience
- Any
- Salary
- INR -12,000 – INR -12,000 / month
- Openings
- 1
- Posted
- 1 week ago
- Work mode
- In office
- Resume
- Required to apply
Where you'll work
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Job description
Job Overview and Daily Activities
As an Insurance Sales Executive, your daily schedule will include preparing a list of five potential contacts each morning to approach for discussions. During the day, you will meet with two to three clients, guiding them through various insurance plans using digital tools such as laptops or mobile devices. In the evening, you are expected to follow up with clients by phone to prompt form completion. Additionally, on a weekly basis, you will visit the LIC branch (such as CBO-1) for meetings with the Divisional Officer or Assistant Divisional Officer.
Compensation Details
- First-year commission ranges between 25% and 35% of the premium amount.
- Renewal commissions from 5% to 7.5% continue for more than five years.
- Additional financial rewards include bonuses and gratuities upon achieving Club Member status and qualifying for MDRT recognition.
Required Attributes and Skills
- Proficient communication skills in Hindi to effectively interact with clients.
- High level of trustworthiness, given the responsibility of managing clients' financial matters.
- Patience is essential since success in insurance sales depends on building trust rather than exerting pressure.