Sales & Client Acquisition
Identify potential customers through networking, cold calls, and referrals.
Explain different insurance products (life, health, vehicle, property, etc.).
Achieve sales targets and company-assigned goals.
Client Advisory & Relationship Management
Understand clients’ financial situation and risk appetite.
Recommend suitable insurance plans.
Maintain long-term relationships to encourage renewals and cross-selling.
Policy Servicing & Support
Assist clients with policy purchase, renewal, premium payments.
Help in claim settlement process.
Ensure proper documentation and compliance with IRDAI rules.
Compliance & Reporting
Follow ethical sales practices as per IRDAI regulations.
Maintain daily/weekly sales reports.
Participate in company training sessions.
Fixed Salary (in direct employment with insurance companies).
High Commissions/Incentives on each policy sold (life insurance gives higher % than general insurance).
Performance Bonuses for meeting monthly/quarterly targets.
Allowances (travel, phone, client meetings).
Health insurance for self (sometimes extended to family).
Life or accidental insurance cover (depending on company policy).
Clear promotion path → Senior Agent → Sales Manager → Branch Manager → Development Officer.
Recognition awards (foreign trips, rewards, club memberships like MDRT/Star Performer).
Sponsorship for IRDAI training and advanced certifications.
Flexible working (though full-time, many companies allow flexibility in meeting clients).
High networking opportunities with individuals & businesses.
Chance to earn unlimited income (commissions are performance-based, so earnings grow with effort).
Provident Fund (PF), gratuity, and pension in larger insurers (LIC, SBI Life, etc.).
Retirement benefits and loyalty rewards in some public sector insurers.
Residual/renewal commission income (you keep earning as long as the client keeps the policy active).
🏢 Origins and Evolution The group's roots trace back to 1857 in Pilani, Rajasthan, when Seth Shiv Narayan Birla established a cotton trading business. This venture laid the foundation for what would become the Aditya Birla Group . In 1969, Aditya V... Read More