Job Opening: Bajaj Life InsuranceField Sales | Life Insurance | ₹5–15 LPA
Company: Bajaj Life Insurance
Department: Sales & Business Development
Job Type: Full-Time
Job Location: Multiple locations across India
Salary: ₹5 LPA – ₹15 LPA, depending on experience and current CTC
Experience: 2–10+ years preferred
Qualification: Graduate in any discipline
Work Mode: Field Sales
1. Bajaj Life Insurance is looking for dynamic, experienced, and target-oriented sales professionals to drive life insurance business, develop customer relationships, and expand market presence. The selected candidates will be responsible for generating new business, acquiring customers, developing distribution channels, and achieving assigned sales targets.
Candidates with experience in life insurance, BFSI, banking, financial services, or direct field sales are encouraged to apply.
1. Key Responsibilities
- Generate recent business through field sales and customer acquisition.
- Promote life insurance products, including term insurance, savings plans, investment-linked plans, and retirement solutions.
- Identify prospective customers through market visits, referrals, networking, and lead generation.
- Meet customers to understand their financial needs and recommend suitable insurance products.
- Achieve monthly, quarterly, and annual sales targets.
- Build and maintain long-term customer relationships.
- Follow up with prospective customers to convert leads into policies.
- Ensure accurate documentation and timely policy issuance.
- Maintain customer satisfaction and support policy renewals.
- Follow company policies and applicable IRDAI regulations.
- Prepare sales reports and maintain daily activity records.
For managerial positions:
- Lead and manage a sales team or insurance advisor network.
- Recruit, train, and motivate sales professionals.
- Monitor team productivity and business performance.
- Develop strategies to increase revenue and market penetration.
1. Salary Structure Based on Experience
The following is an indicative recruitment budget, not an official Bajaj Life Insurance pay scale. ExperienceSuitable DesignationIndicative Annual CTC2–3 yearsSales Manager / Relationship Manager₹5–7 LPA3–5 yearsSenior Sales Manager₹6–9 LPA5–7 yearsArea Sales Manager / Team Leader₹8–11 LPA7–10 yearsBranch Sales Manager / Area Manager₹10–13 LPA10+ yearsSenior Branch Manager / Regional Sales Manager₹12–15 LPA
Actual compensation depends on location, sales performance, relevant industry experience, team-handling responsibilities, and the employer's approved salary budget. Incentives may be additional.
1. Candidate Requirements
- Graduation in any discipline; an MBA may be preferred for managerial roles.
- Relevant experience in life insurance, BFSI, banking, or field sales.
- Strong communication, negotiation, and customer-handling skills.
- Ability to achieve business targets in a competitive environment.
- Willingness to travel and conduct regular field visits.
- Good relationship-building and problem-solving abilities.
- Team management experience for senior positions.
- Knowledge of life insurance products and sales processes is an advantage.
1. Key Skills
- Life Insurance Sales
- Field Sales & Business Development
- Customer Acquisition
- Lead Generation
- Relationship Management
- Sales Target Achievement
- Insurance Product Sales
- Team Handling & Leadership
- Market Development
- Negotiation & Communication
1. Compensation & Benefits
- Competitive fixed salary based on experience.
- Performance-linked incentives, subject to the applicable compensation plan.
- Growth opportunities opportunities.
- Professional training and development.
- Employee benefits as per company policy.
Short JD for WhatsApp or Job Portals Hiring: Bajaj Life Insurance – Field Sales
Position: Sales Manager / Senior Sales Manager / Area Sales Manager
Industry: Life Insurance / BFSI
Experience: 2–10+ years
Salary: ₹5–15 LPA, based on experience
Location: Multiple locations across India
Qualification: Graduate
Job Responsibilities:
- Drive life insurance sales and customer acquisition.
- Generate leads and conduct field visits.
- Achieve monthly and annual business targets.
- Build customer relationships and close sales.
- Manage sales teams and insurance advisors for applicable managerial roles.
Required Skills: Field Sales, Life Insurance, BFSI Sales, Business Development, Relationship Management, and Team Handling. Interested candidates can share their updated resumes for consideration.
One important question: Which type of field sales position are you hiring for?
- Direct Sales – Selling life insurance directly to customers.
- Agency Sales – Recruiting and managing insurance advisors.
- Banca Sales – Selling insurance through bank branches.
- Team Handling / Branch Management – Managing salespeople and achieving branch targets.
Pay: ₹483,000.00 - ₹1,610,000.00 per year
Benefits
- Flexible schedule
- Health insurance
- Internet reimbursement
- Leave encashment
- Life insurance
- Paid sick time
- Paid time off
- Provident Fund
Work Location: In person
📌 Deputy Branch Manager (Mumbai)
🏢 Qvizo
📍 Mumbai