Responsibilities:

Generating maximum business

The first role of the insurance advisor is to generate as much new business for the insurance company as possible. This can be achieved by selling the maximum number of policies to his/her clients. An insurance advisor, therefore, should approach as many individuals as possible and try to position the company’s insurance policies in the individual’s financial needs if possible.

Persistency

Just selling insurance policies is not enough. The insurance advisor should also ensure that he/she can retain the customers of the company. Persistency is an important factor in the insurance company’s revenue. Persistency shows how many policyholders are continuing with the same plan with the same insurance company. Persistency is particularly important in case of life insurance policies which are long term plans. Under these policies, the continuity of the plan for the stipulated tenure is in the best interests of the insurance company as well as the policyholder. The insurance advisor should, therefore, ensure that his existing clients continue their insurance coverage without fail.

Promoting the insurance company

Another role of the insurance advisor is to promote the insurance company with which he/she is associated. Only when customers trust an insurance company would they buy the company’s policies. The advisor should, therefore, build a positive brand image of the insurance company in the eyes of his/her clients and improve the company’s goodwill.

Requirements:

Strong verbal and written communication skills.

A professional appearance.

On-going training in the latest products and benefits.

Attendance at product launches and seminars.

Compliance according to state regulations and policies.

Bajaj Allianz General Insurance Company Limited is a joint venture between Allianz SE, the world’s leading insurer, and Bajaj Finserv Limited. The Company received the certificate of registration from IRDA on 2nd May 2001 to conduct general insurance business in India. Bajaj Allianz General Insurance, today, is one of the largest private insurer in the industry with offices in over 1100 towns and cities. The Company has continuously been expanding its operations to reach out to its customers.

The Company recently changed its brand identity to ‘Caringly Yours’ to reposition itself in the minds of Indian consumers as a brand that protects and cares about customer’s financial worries around their most prized possessions - their health, home & content, vehicles, businesses etc. With this, the Company not just aims to take its service to the next level, but also seeks to provide the best customer experience at every touchpoint and make insurance a pull rather than a push product.