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Sales or Business Development

Bengaluru, KA
Job Code:
600,000 To 1,500,000 Monthly
  • Insurance
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Job Details

PRUDENTCompany Name, Profile, and Work CultureThe 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// Insurance Broking Functional Area Sales Point of Contact for CV s / Email ID Smitha- - 997296633. Number of Vacancies 6 Asst Manager, Manager, Senior Manager, AVP, Sales Manager, General Insurance, Insurance, Sales, Business Development, Sales, Business Development Manager, service, client servicing Job Title / DesignationSales or Business Development TeamSales Position Manager to AVP - SalesProduct All lines of InsuranceSalary band 6-15 lakhs (negotiable based on the candidate)Location BangaloreJob Description Planning & Implementation of the marketing plans in employee benefits insurance programs. And other lines. This position also involves understanding the clients 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.Identify marketing opportunities by studying clients requirement; defining market, competitor's share, and competitor's strengths and weaknesses; forecasting projected business; establishing targeted market share.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. Role & Responsibilities Understanding the prospect/clients 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.Servicing the account by ensuring timely endorsement issuance and advocating on behalf of the client at the time of claim or any other requirements. NOTE The candidate should have excellent communication skills. He/she should have a dynamic personality and the ambition to accelerate in career.Servicing PositionsAccount Manager/Senior Account Manager/Practice Leader - Client ServicingProduct - Employee Benefits/Corporate Group HealthLocation - BangaloreSkills/Qualifications - Experience in handling corporate medical insurance is a mustSalary band Account Manager - 3-5 Lakhs/Senior Account Manager - 5-7 lakhs CTC, Team or Practice leader 7-10 lakhs per annumRole & Responsibilities 1. Servicing corporate clients on all aspects on Insurance services.2. Responsible for Liaisoning and Retention of major Corporate Clients.3. Monthly/quarterly meetings with corporate clients on review and analysis.4. Giving Business Presentation for Corporate and other Group Policies.5. Liaisoning with Insurance Companies for retention and service improvement6. Have detailed knowledge of the working process of an Insurance company and the corporateMinimum/Maximum/ Work Experience Required 3 yearsAnnual CTC Sales or Business Development Team- 6-15 Lakh p.a and Account Manager/Senior Account Manager/Practice Leader - Client Servicing- 7-10 Lakh p.a Location(s) of Job BangaloreMinimum Education Requirements Graduate No of rounds of Interviews 4Work Timings 9 - 5 Travel & Allowance YesEnglish/Hindi/Local Language optional Relocation & Reimbursement Not applicableAny other skill set Good sales candidates
Additional Degree: BA (Arts) | B.Com. (Commerce) | B.Pharm. (Pharmacy) | B.Plan. (Planning) | B.Sc. (Science) | BBA/ BBM/ BBS | BCA (Computer Application) | Diploma-Other Diploma | B.Ed. (Education) | BHM (Hotel Management)

Experience: 3-6


Corporate Sales | Relationship/Account Servicing
Applying for this job will take you to an external site


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