The Business Development Executive – Motor & Medical Insurance is responsible for generating new business opportunities, promoting insurance products, building and maintaining client relationships, and achieving sales targets. The role involves identifying customer needs, providing suitable insurance solutions, and ensuring excellent customer service throughout the sales process.
Key Responsibilities
- Generate leads and identify potential customers for motor and medical insurance products.
- Contact prospective clients through calls, emails, referrals, and field visits.
- Explain insurance products, coverage options, benefits, and policy terms to customers.
- Prepare and share quotations based on customer requirements.
- Assist customers with policy issuance, renewals, endorsements, and claims coordination.
- Build and maintain strong relationships with existing and new clients.
- Achieve monthly and annual sales targets set by the organization.
- Follow up on leads and maintain an updated customer database.
- Coordinate with insurance partners and internal teams to ensure smooth processing of policies.
- Stay updated on insurance products, market trends, and regulatory requirements.
- Prepare sales reports and submit regular performance updates to management.
- Ensure high levels of customer satisfaction and retention.
Required Qualifications
- Bachelor's Degree in any discipline.
- 1–3 years of experience in insurance sales, business development, or customer relationship management preferred.
- Freshers with strong communication and sales skills may also apply.