AM/Manager/Senior Manager/AVP - Sales - Insurance Broking

PRUDENT

Company Name, Profile, Work Culture: The Prudent Insurance Brokers team is the key driving force of the company. We are driven by intense professional pride to excel and deliver. Our team comprises over 450 professionals from diverse backgrounds, bringing with them rich experience to understand better our clients businesses and risks. It is the combination of the deep understanding of our clients businesses, our insurance capabilities, and every team members credibility, flexibility and integrity that has led to Prudent s success.

Our head office is at Mumbai, and our branch offices are at Gurgaon, Noida, Bangalore, Chennai, Hyderabad and Pune. We have servicing capability in Ahmedabad and Kolkata.

Website- http://www.prudentbrokers.com/

Industry: Insurance Broking

Functional Area: Sales

Point of Contact - 7022267700.

Number of Vacancies: 6

Keywords: Asst Manager, Manager, Senior Manager, AVP, Sales Manager, General Insurance, Insurance, Sales, Business Development, Business Development Manager.

Job Title / Designation: Asst. Manager, Manager, Senior Manager, AVP (depending on potential)

Job Description:

- Identify marketing opportunities by studying client's requirement; defining market, competitor's share, and competitor's strengths and weaknesses; forecasting projected business; establishing targeted market share.

- Planning & Implementation of the marketing plans in employee benefits insurance programs and other lines.

- This position also involves understanding the client's industry to provide them best solutions related to corporate Insurance program.

- Business Intelligence - Be the eyes and ears in the market and constantly be in touch with the updates in Insurance Industry.

- Conceptualize new initiatives for increasing sales and top of mind recall amongst potential corporate clients and to leverage Prudent's brand.

- Creating a database or prospective clients. Maintaining constant touch with them by identifying key stakeholder on corporate Insurance program.

- Sustain rapport with key accounts by making periodic visits; exploring specific needs; anticipating new opportunities.

- Update job knowledge by participating in programs on Insurance set up by IRDA; reading professional publications; maintaining personal networks; participating in professional organizations.

Key Functions & Roles of the Candidate:

- Understanding the prospect/client's business and risk exposures.

- Conducting Insurance Program reviews and identifying gaps.

- Assisting the prospect/client in filling up detailed risk questionnaires and explaining coverage terms to them.

- Sending the proposal form to insurance companies to procure quotations.

- Making comparison of the terms in the quotations received from the various insurance companies.

- Negotiating the terms and conditions received from the insurers to meet the client's requirements.

- Meeting the client with the recommendation of cover.

- Cross verification of the policy terms and conditions.

Specific Skill Set: Experience in sales domain required

Minimum/Maximum/ Work Experience Required: 3 years

Annual CTC: 7-14 lakhs CTC

Location(s) of Job: Bangalore

Minimum Education Requirements: Graduate

No of rounds of Interviews: 4

Work Timings: 9-5

Travel & Allowance: Yes

Languages: English/Hindi/Local Language optional

Relocation & Reimbursement: Not applicable

Any other skill set: Good sales candidates