Officer to Manager-Corporate/Group Insurance Sales (Life Insurance)

Job Description

Title: Officer to Manager-Corporate/Group Insurance Sales (Life Insurance)

Company Name: Astha Life Insurance Company Limited

Vacancy: 02

Age: 26 to 36 years

Location: Dhaka (Mohakhali)

Salary: Negotiable

Experience:
∎ 2 to 6 years
∎ The applicants should have experience in the following business area(s):Insurance
∎ Freshers are also encouraged to apply.

Published: 22 Mar 2025

Education:
∎ Bachelor of Business Administration (BBA), Master of Business Administration (MBA)

Requirements:

Additional Requirements:
∎ Age 26 to 36 years
∎ Working experience in Corporate/Group Insurance Sales (B2B) is preferred.
∎ Strong communication & negotiation skillsKnowledge of insurance products & IDRA regulations
∎ Ability to Analyze corporate risk profilesSales-driven mindset with a target-oriented approach
∎ Proficiency in MS Office & CRM tools
∎ Working experience in Corporate/Group Insurance Sales (B2B) is preferred.
∎ Strong communication & negotiation skillsKnowledge of insurance products & IDRA regulations
∎ Ability to Analyze corporate risk profilesSales-driven mindset with a target-oriented approach
∎ Proficiency in MS Office & CRM tools

Responsibilities & Context:
∎ Identify potential corporate clients, SMEs, factories, banks, and other organizations for group insurance.
∎ Build and maintain relationships with HR managers, CFOs, and decision-makers of companies.
∎ Develop sales strategies and action plans to achieve business targets.
∎ Conduct market research to identify opportunities and competitor analysis.
∎ Explain policy benefits, premium structures, and claim processes to clients.
∎ Understand company needs and offer customized group insurance solutions.
∎ Prepare quotations and proposals based on company size and risk assessment.
∎ 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.
∎ Self-disciplined and ready to travel anywhere in the country when situation seems so.
∎ 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.
∎ Should prefer Company interest before self-interest when deemed necessary.
∎ Identify potential corporate clients, SMEs, factories, banks, and other organizations for group insurance.
∎ Build and maintain relationships with HR managers, CFOs, and decision-makers of companies.
∎ Develop sales strategies and action plans to achieve business targets.
∎ Conduct market research to identify opportunities and competitor analysis.
∎ Explain policy benefits, premium structures, and claim processes to clients.
∎ Understand company needs and offer customized group insurance solutions.
∎ Prepare quotations and proposals based on company size and risk assessment.
∎ 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.
∎ Self-disciplined and ready to travel anywhere in the country when situation seems so.
∎ 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.
∎ Should prefer Company interest before self-interest when deemed necessary.

Compensation & Other Benefits:
∎ Attractive Salary Package (Negotiable).
∎ Two Festival Bonous and One Noboborsho Bonus.
∎ Provident Fund.
∎ Group Insurance Coverage.
∎ Subsidized Lunch Facilities.
∎ Attractive Salary Package (Negotiable).
∎ Two Festival Bonous and One Noboborsho Bonus.
∎ Provident Fund.
∎ Group Insurance Coverage.
∎ Subsidized Lunch Facilities.

Workplace:
∎ Work at office

Employment Status: Full Time

Gender:
∎ Only Male

Job Location: Dhaka (Mohakhali)

Company Information:
∎ Astha Life Insurance Company Limited
∎ SKS Tower, Level-12, Mohakhali
∎ (Army Welfare Trust)

Address::
∎ SKS Tower, Level-12, Mohakhali
∎ (Army Welfare Trust)

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 21 Apr 2025

Category: Marketing/Sales