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Sr Insurance Specialist
Standard Chartered
posted 14d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Summary
Reporting to Cluster head, the position is responsible for managing the sale of Life Insurance products to the clientele of the Bank across channels and all cities in that region with special focus on the analysis and satisfaction of these Customers financial as well as Insurance needs and objectives.
RESPONSIBILITIES
- Generate new business to achieve defined sales and revenue targets.
- Keeping In and out knowledge of the products being sold by him.
- Create proper comparison of the similar products in other companies.
- Create and manage an effective Sales Tracker to measure and manage their activity levels.
- Continuously improve the quality of sale and key sales ratios by attending the trainings arranged for them, if required.
- Providing timely MIS as required relating to the various aspects of the business-Applied, business lead generation, Issued business, product mix, lapsation etc
- Conduct a credit report on customers to find out what sort of insurance rates they can be given, explain to customers what sort of coverage they are getting, and what kind of monetary values the insurance company will payout in the event of damage to the insured.
- Ensuring complete customer satisfaction starting from the first payment of premium till the claim management.
- Liasoning with Insurance Company s representatives on a regular basis.
- Ensure timely and accurate compliance to all statutory requirements. To check if all the required documents and forms are in place, wherever applicable.
- Minimum Qualification should be graduation.
- Experience in Sales and relationship management.
- Experience in handling similar role in financial industry would be an advantage but not a pre-requisite.
- Strong communication and negotiation skills with the ability to influence customers.
- Strong orientation towards internal customer satisfaction and servicing.
- Level of the individual has high dependency on technical ability and personal effectiveness.
- Candidate should be IRDA certified before commencing servicing / closure of leads.
Key Responsibilities
Governance
- Display exemplary conduct and live by the Group s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Lead the [country / business unit / function/[team] to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Qualifications
- Insurance
- Bancassurance
- Product knowledge
Employment Type: Full Time, Permanent
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People are getting interviews at Standard Chartered through
People are getting interviews through
(based on 173 Standard Chartered interviews)
Job Portal
Referral
Campus Placement
Company Website
Walkin
Recruitment Consultant
25%
23%
9%
7%
6%
6%
24% candidates got the interview through other sources.
High
Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What people at Standard Chartered are saying
Rating based on 4 Senior Insurance Specialist
reviews
Anonymous · Life Insurance
in Mumbai
Likes
Only the brand name.
Dislikes
Work culture and seniors doing nothing. Even a simple MIS that they have to present they want that also to be made by juniors. Pathetic culture in some departments. 5 days official but need to work on 1st, 3rd and 5th sat. No overtime.
Read 4 reviewsSenior Insurance Specialist salary at Standard Chartered
reported by
20
employees
with 6-18
years exp.
₹8.5
L/yr - ₹12
L/yr
49%
more
than the average Senior Insurance Specialist Salary in India
View more details
What Standard Chartered employees are saying about work life
based on 4.3k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Standard Chartered Benefits
Submitted by Company
Time-off Being part of an inclusive culture Support for wellbeing challenges Proactive wellbeing support Flexible working
Submitted by Employees
View more benefits 
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Standard Chartered Hyderabad / Secunderabad Office Location
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