Head of Corporate/Group Insurance Sales (Life Insurance)

Job Description

Title: Head of Corporate/Group Insurance Sales (Life Insurance)

Company Name: Astha Life Insurance Company Limited

Vacancy: 01

Age: Na

Job Location: Dhaka (Mohakhali)

Salary: Negotiable

Experience:

• 8 to 15 years
• The applicants should have experience in the following business area(s): Insurance

• Bachelor/Honors
• Masters

• 8 to 15 years
• The applicants should have experience in the following business area(s): Insurance

• Age 35 to 50 years.

• Working experience in Corporate/Group Insurance Sales (B2B) is preferred.

• Strong communication & negotiation skills.

• Knowledge of insurance products & IDRA regulations

• .Ability to Analyze corporate risk profiles.

• Sales-driven mindset with a target-oriented approach.

• Proficiency in MS Office & CRM tools

• Develop and implement strategic corporate sales plans that align with the company’s long-term business growth objectives.

• Lead and oversee the corporate sales function for Group Life and Health Insurance products to drive sustainable revenue growth.

• Identify and establish long-term relationships with corporate clients and strategic partners to drive sales and service of Group Insurance.

• Supervise, guide, and mentor the corporate sales team to consistently achieve monthly, quarterly, and annual sales targets through effective planning and performance management.

• Identify potential corporate clients, SMEs, factories, banks, and other organizations for group insurance.

• Explain policy benefits, premium structures, and claim processes to clients.

• Understand company needs and offer customized group insurance solutions.

• Negotiate premium rates, coverage, and terms with corporate clients with keeping focus on competitor.

• Work closely with the actuarial, and operations teams to ensure smooth policy issuance, documentation, and renewals

• Provide post-sales support and training, including policy modifications, endorsements and ensure timely premium collection and policy updates.

• Maintain accurate sales records and reports for management review.

• Meet and exceed monthly, quarterly, and annual sales targets.

• Maintain knowledge of insurance regulations, IDRA policies, and company guidelines.

• Follow ethical sales practices and ensure customer satisfaction.

• Attractive Salary Package (Negotiable).

• Two Festival Bonous and One Noboborsho Bonus.

• Provident Fund.

• Group Insurance Coverage.

• Subsidized Lunch Facilities.