Job Code: JSLP-3665
Industry: Healthcare
Location: Ernakulam
Job Title: Insurance Executive
Job Description: The Insurance Executive is responsible for developing and managing client relationships, identifying business opportunities, achieving sales targets, and ensuring customer satisfaction. This role involves assessing client needs, offering tailored insurance solutions, and maintaining compliance with industry regulations.
Responsibilities may include but are not limited to, confirm your Job Descriptions with the Interviewer:
Client Management:
- Build and maintain strong relationships with new and existing clients.
- Understand clients’ insurance needs and provide appropriate recommendations.
- Respond promptly to client inquiries and concerns.
Sales and Business Development:
- Generate new business leads and convert them into clients.
- Achieve sales targets through effective planning and execution.
- Cross-sell and upsell insurance products to maximize client value.
Policy Management:
- Explain policy details, coverage, and exclusions to clients.
- Assist clients in filling out insurance applications and ensure accurate documentation.
- Monitor policy renewals and ensure timely communication with clients.
Risk Assessment and Underwriting Support:
- Collaborate with underwriters to evaluate risk and determine appropriate premiums.
- Gather and analyze relevant client data to facilitate risk assessment.
Compliance and Reporting:
- Ensure adherence to industry regulations and company policies.
- Maintain accurate and up-to-date records of all client interactions and transactions.
- Prepare periodic sales and performance reports for management review.
Market Research and Strategy:
- Stay informed about market trends, competitor offerings, and regulatory changes.
- Contribute to the development of marketing and sales strategies to enhance the company’s market presence.
Qualifications and Skills:
- Bachelor’s degree in Business Administration, Finance, Insurance, or related field.
- Minimum 1 year of experience in ECHS, CGHS &TPA’S
- Excellent communication, negotiation, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Proficiency in insurance management software and MS Office Suite.
- Knowledge of local insurance laws and regulations.