Sales Manager General Insurance (Mumbai)

Sales Manager General Insurance (Mumbai)

07 Aug
|
Latin Manharlal
|
Mumbai

07 Aug

Latin Manharlal

Mumbai

Job Title: General Insurance Sales Manager Broker Channel

Company: Latin Manharlal Group

Job Summary

Latin Manharlal Group is looking for a dynamic and result-oriented General Insurance Sales Manager – Broker Channel to drive business growth through the Sub-broker distribution network. The ideal candidate will be responsible for developing and managing relationships with insurance brokers, generating new business opportunities, and achieving sales targets across retail and commercial general insurance products.

Key Responsibilities

Develop and manage business through the broker channel to achieve monthly, quarterly, and annual sales targets.

Build and maintain strong relationships with insurance brokers, intermediaries, and channel partners.

Identify and onboard new brokers to expand the distribution network.

Drive sales of General Insurance products, including Motor, Health, Fire, Marine, Engineering, Liability, Property, and Miscellaneous Insurance.

Conduct regular meetings, product presentations, and training sessions for brokers to enhance product knowledge and increase business generation.

Provide timely quotations, policy servicing, renewals, and claim support in coordination with internal teams.

Monitor market trends, competitor activities, and customer requirements to identify business opportunities.

Collaborate with underwriting, operations, and claims teams to ensure seamless customer service.

Prepare MIS reports, sales forecasts, pipeline reports, and business performance reviews.

Ensure compliance with IRDAI regulations, company policies, and underwriting guidelines.

Drive profitability by maintaining healthy business mix and quality of portfolio.

Participate in promotional campaigns, broker engagement programs, and business development initiatives.

Desired Candidate Profile

Educational Qualification

Graduate in any discipline.

MBA (Marketing/Finance)



or equivalent qualification will be preferred.

Insurance certifications (IRDAI, III, or equivalent) will be an added advantage.

Experience

Minimum 5 years of experience in General Insurance Sales through the Broker Channel.

Experience working with General Insurance Companies, Insurance Brokers, or Corporate Agencies.

Proven track record of achieving sales targets and managing broker relationships.

Required Skills

Strong understanding of General Insurance products and underwriting processes.

Excellent broker relationship management and business development skills.

Knowledge of IRDAI regulations and insurance compliance requirements.

Strong negotiation, presentation, and communication skills.

Ability to analyze market opportunities and develop sales strategies.

Proficiency in Microsoft Excel, PowerPoint, and CRM systems.

Strong problem-solving and customer relationship management abilities.

Ability to work independently and manage multiple broker accounts.

Key Competencies

Sales and Business Development

Broker Relationship Management

Negotiation and Influencing Skills

Customer Service Orientation

Strategic Thinking

Target-Driven Approach

Team Collaboration

Analytical and Decision-Making Skills

Time Management and Planning

Key Performance Indicators (KPIs)

Achievement of sales and premium targets.

Growth in broker network and active broker engagement.

New business acquisition and policy renewals.

Portfolio profitability and business quality.

Customer and broker satisfaction.

Timely servicing and resolution of broker queries.

Compliance with regulatory and internal processes.

Why Join Latin Manharlal Group?

Opportunity to work with a growing financial services organization.

Exposure to a diverse portfolio of General Insurance products.

Performance-driven culture with attractive career growth opportunities.

Collaborative work workplace with continuous learning and development.

📌 Sales Manager General Insurance (Mumbai)
🏢 Latin Manharlal
📍 Mumbai

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