VP -General Insurance MAGNUM INSURANCE BROKING PRIVATE LIMITED

  • company name MAGNUM INSURANCE BROKING PRIVATE LIMITED
  • working location Office Location
  • job type Full Time

Experience: 5 - 5 years required

Pay:

Salary Information not included

Type: Full Time

Location: Maharashtra

Skills: Client Acquisition, presentation skills, Relationship management, Communication, Analytical skills, Leadership, Direct Sourcing, General Insurance Expertise, Closing Skills, Market Awareness

About MAGNUM INSURANCE BROKING PRIVATE LIMITED

Job Description

Company Description Magnum Insurance Broking Private Limited, established in 2013, is a leading Indian insurance broker offering a diverse range of general and life insurance products from esteemed providers. Recognized for our commitment to customer service and comprehensive solutions, we recently received the Best Customer Service award, highlighting our dedication to excellence and customer satisfaction. Role Description Business Development: Direct Sourcing: Identify and engage new clients directly in the market. Client Acquisition: Focus on acquiring SME and corporate clients by understanding their unique insurance needs. Product Knowledge: General Insurance Expertise: Have a thorough understanding of products such as: Fire and Burglary Insurance Workers" Compensation Insurance Marine Insurance Various bespoke insurance products tailored to client needs. Sales Strategy: Presentation Skills: Ability to articulate the value of insurance products effectively. Prepare and deliver compelling presentations to potential clients. Closing Skills: Strong aptitude for closing deals, securing contracts, and achieving sales targets. Market Awareness: Stay informed about industry trends, competitor offerings, and regulatory changes that may affect clients and their insurance needs. Relationship Management: Build and maintain relationships with clients, ensuring high levels of customer satisfaction and retention. Collaborate with underwriting and claims departments to ensure a smooth client experience. Desired Skills and Qualifications Experience: Proven track record in sales within the insurance sector, particularly with direct business sourcing. Communication: Excellent verbal and written communication skills for effective presentations and negotiations. Analytical Skills: Ability to assess client needs and tailor proposals accordingly. Leadership: Lead and motivate a sales team, fostering a high-performance culture. Personal Attributes Proactive Attitude: Willingness to engage with the market and clients directly. Results-Driven: Focus on achieving sales goals and targets, with a strong work ethic. ,