Deputy Manager - Insurance
SkillLabs
Key Responsibilities
- Drive life insurance sales by achieving monthly, quarterly, and annual business targets.
- Develop and maintain strong relationships with bank branches, channel partners, agents, or customers, depending on the distribution channel.
- Identify customer insurance needs and recommend suitable life insurance products.
- Generate leads through branch referrals, customer interactions, and field activities.
- Recruit, train, motivate, and support advisors or sales executives (if applicable).
- Monitor team performance and ensure productivity targets are met.
- Conduct joint sales calls and assist team members in closing high-value cases.
- Ensure compliance with IRDAI guidelines and company policies.
- Maintain accurate sales records, MIS reports, and documentation.
- Coordinate with underwriting and operations teams for smooth policy issuance.
- Resolve customer queries and provide excellent after-sales service.
- Build long-term customer relationships to improve policy renewals and cross-selling opportunities.
- Analyze market trends and competitor activities to identify business opportunities.
- Conduct regular review meetings and provide performance feedback to team members.
- Ensure high levels of customer satisfaction while maintaining business quality and persistency.
- Bachelor's degree (MBA preferred).
- 3–7 years of experience in life insurance sales.
- Experience in Agency, Bancassurance, Direct Sales, or Alternate Channels.
- Strong leadership, communication, and relationship management skills.
- Good knowledge of life insurance products, sales processes, and regulatory guidelines.
- Ability to achieve sales targets and manage a team effectively.