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Manager - Sales - BFSI (2-4 yrs)
TekPillar
posted 8d ago
In the context of sales manager of life insurance sales, the term "agency channel" describes a distribution strategy in which a network of agents, either working independently or for an insurance firm, sell life insurance products. By serving as middlemen, these agents market and sell life insurance plans to private customers. One of the oldest and most popular strategies in the life insurance sector is the agency channel.
Functions and Accountabilities :
- Agents usually speak with prospective clients in person, over the phone, or web resources, evaluating their requirements and suggesting appropriate life insurance plans.
- They walk clients through the application process and assist them in selecting between various - policy types (term life, whole life, etc.) and coverage amounts.
- Insurance firms spend money on hiring, educating, and assisting agents, giving them the tools they need to sell, handle customers, and understand their products.
- Agents who receive ongoing training are guaranteed to remain current on market trends, new products, and regulatory changes.
- Usually, commissions based on the policies they sell are used to pay agents.
Candidates Requirements :
- Graduation is mandatory
- Minimum 2 years of experience in sales or marketing
- CTC: up to 3.50 LPA + Incentives + Other Benefits
Contact Details:
Aslesha| HR Team
Phone: +91 7383228682
Functional Areas: Sales
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