Urgent job opportunity For Manager For Motor Insurance
- PolicyBoss
- 2 - 7 years
- Mumbai
- 11 days ago
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Job Description
Sales Manager - Commercial Vehicle Insurance
Department: Retail
Sales General Insurance
Location:
As per business requirement
Reporting To:
Regional Manager / Branch Head
Job Summary
We are seeking an experienced and result-oriented Sales Manager Commercial Vehicle Insurance to drive business growth in the commercial vehicle segment. The role involves acquiring new customers, managing channel partners and fleet clients, achieving sales targets, and ensuring high levels of customer satisfaction.
Key Responsibilities
- Drive sales of Commercial Vehicle Insurance products, including:
- Goods Carrying Vehicles
- Passenger Carrying Vehicles
- Fleet Insurance
- Motor Package Policies
- Third-Party and Comprehensive Insurance
- Develop and maintain relationships with:
- Fleet owners
- Transporters and logistics companies
- Automobile dealers
- DSAs and channel partners
- Corporate clients
- Generate new business opportunities and expand the customer base.
- Achieve monthly, quarterly, and annual sales targets.
- Manage renewals and cross-selling opportunities to maximize revenue.
- Conduct market research and monitor competitor activities.
- Coordinate with underwriting and operations teams to ensure smooth policy issuance and claim servicing.
- Recruit, train, and motivate channel partners and sales teams to enhance productivity.
- Maintain MIS reports and provide regular updates to management.
- Ensure compliance with IRDAI guidelines and company policies.
Desired Candidate Profile
Educational Qualification
- Graduate or undergraduate.
Experience
- 410 years of experience in General Insurance sales.
- Minimum 23 years of experience in Commercial Vehicle Insurance, Fleet Insurance, or Motor Insurance.
Required Skills
- Strong knowledge of Commercial Vehicle Insurance products.
- Experience in handling fleet and transporter accounts.
- Relationship management and business development skills.
- Excellent negotiation and communication abilities.
- Team handling and leadership capabilities.
- Good understanding of insurance operations and underwriting processes.
- Proficiency in MS Office and CRM tools.
Key Performance Indicators (KPIs)
- Premium achievement against assigned targets.
- New customer acquisition.
- Renewal retention ratio.
- Cross-selling and upselling performance.
- Channel partner productivity.
- Portfolio profitability and persistency.
Compensation
- Attractive Fixed Salary
- Performance-Based Incentives
- Travel Allowance and Reimbursements
- Medical and Insurance Benefits
Preferred Industry Background
- General Insurance Companies
- Insurance Broking Firms
- Motor Insurance Aggregators
- Fleet Insurance Specialists
- Automobile Dealerships and Commercial Vehicle Financing Companies
Job Classification
Industry: InsuranceFunctional Area / Department: Sales & Business DevelopmentRole Category: Retail & B2C SalesRole: Direct Sales ExecutiveEmployement Type: Full timeContact Details:
Company: PolicyBossLocation(s): Mumbai
Keyskills: Vehicle Insurance Commercial Vehicle Motor Insurance Sales
PolicyBoss
Founded in 2001, PolicyBoss.com is one of Indias fastest growing Insurtech companies with a CAGR of 30% over the past 5 years. We have a broker distribution network of over 30 offices across 25 cities and a partner network of 800+ locations with a customer base of 5 million. We ended FY22 with prem...
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