The Senior Insurance Sales Executive will be responsible for driving sales of insurance products, managing key client relationships, and expanding the company's client base. This senior-level position requires a high degree of expertise in the insurance industry, sales strategies, and team leadership. The role involves selling a variety of insurance products, including life, health, auto, home, and commercial insurance, to both individual and corporate clients.

Key Responsibilities:

Sales Strategy Development & Execution

- Develop and implement strategic sales plans to achieve sales targets for insurance products across various segments.

- Drive new business development by identifying potential clients, generating leads, and converting them into long-term customers.

- Collaborate with the marketing team to create targeted campaigns to increase lead generation.

- Oversee the full sales cycle from prospecting to closing, ensuring smooth transitions and customer satisfaction.

Client Relationship Management

- Establish and maintain strong, long-lasting relationships with existing and new clients.

- Serve as the primary point of contact for high-value clients, providing personalized advice and insurance solutions based on their needs.

- Conduct regular client reviews to assess their insurance needs and offer product updates or changes.

Team Leadership & Mentoring

- Mentor and guide junior sales staff and insurance agents to improve their sales techniques and achieve individual and team sales targets.

- Conduct training sessions and workshops to enhance the team's knowledge of products and sales tactics.

- Collaborate with management to set performance targets, track team progress, and offer constructive feedback.

Product Knowledge & Consultation

- Stay updated on the latest insurance products, industry trends, and regulatory changes to provide accurate advice to clients.

- Analyze clients' needs and recommend tailored insurance solutions based on their personal, business, or organizational requirements.

- Educate clients on the benefits of various insurance policies and ensure they are well-informed about their coverage options.

Performance & Reporting

- Meet and exceed monthly, quarterly, and annual sales targets.

- Prepare and present detailed sales reports, forecasts, and pipeline updates to senior management.

- Utilize CRM systems to manage client interactions and sales progress.

Market Expansion

- Identify and develop new markets and customer segments to drive revenue growth.

- Build partnerships with other financial services or third-party providers to expand the product offering and increase sales opportunities.

Compliance & Risk Management

- Ensure all sales activities comply with legal, regulatory, and company standards.

- Educate clients about policy terms, conditions, exclusions, and any changes in insurance regulations.

- Maintain accurate documentation for all insurance sales, ensuring proper record-keeping for audit and compliance purposes.