Employer Login | Partner Login | Candidate Login
WhatsApp Logo Chat us Call Logo Call us
← Back to jobs

Senior Insurance Specialist

Standard Chartered — Lucknow, LUCKNOW

Apply Now
Experience 0-5 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

Job Summary

Reporting to Cluster head, the position is accountable for handling the sale of Life / General Insurance products to the clientele of the Bank spanning channels and all cities in that region with special concentrate on the analysis and satisfaction of these Customers’ financial as well as Insurance needs and objectives.

Core Responsibilities

•    Generate new business to deliver on defined sales and revenue targets.
•    Keeping In and out understanding of the products being sold by him.
•    Create proper comparison of the similar products in other companies.
•    Create and handle an effective Sales Tracker to measure and run their activity levels.
•    Continuously enhance the quality of sale and core sales ratios by attending the trainings arranged for them, if required.
•    Giving timely MIS as required relating to the several aspects of the business-Applied, business lead generation, Issued business, product mix, lapsation etc
•    Conduct a credit report on customers to find out what sort of insurance rates they can be given, explain to customers what sort of coverage they are getting, and what kind of monetary values the insurance company will payout in the event of damage to the insured.
•    Securing complete customer satisfaction starting from the first payment of premium till the claim management.
•    Liasoning with Insurance Company’s representatives on a regular basis. 
•    Ensure timely and accurate compliance to all statutory needs. To check if all the required documents and forms are in place, wherever applicable

Competencies and Experience

Must-have Abilities
•    Insurance
•    Bancassurance
•    Product understanding

Motivations

•    Incentives one of the best in the industry 
•    Development Path & Learning 

Qualifications

•    Key Experiences-Background in Life / General /Bancassurance sales and Business Development.
•    Certifications / Qualifications (only where mandatory)-Graduation / IRDAI Certification 
•    Languages-English & Hindi
•    Minimum Qualification should be graduation.
•    Exposure to Sales and relationship management.
•    Track record in handling similar position in financial industry would be an advantage but not a pre-requisite.
•    Robust communication and negotiation abilities with the capacity to influence customers.
•    Robust orientation towards internal customer satisfaction and servicing.
•    Level of the individual has high dependency on technical ability and personal effectiveness.
•    Person should be IRDA certified before commencing servicing / closure of leads.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our customers, communities, and each other. We question the status quo, love a challenge and enjoy finding new openings to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
 
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you team up with us, you'll see how we value difference and advocate inclusion.
 
Together we:
 
Do the right thing and are assertive, challenge one another, and live with integrity, while putting the customer at the heart of what we do
Never settle, continuously striving to strengthen and innovate, keeping things simple and learning from doing well, and not so well
Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to create for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
 
Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
Time-off such as annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
Flexible working options based around home and office locations, with flexible working patterns.
Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human competencies, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
A continuous learning culture to support your progress, with chances to reskill and upskill and access to physical, virtual and digital learning.
Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, over our teams, business functions and geographies - everyone feels respected and can realise their full potential.

This Senior Insurance Specialist vacancy is based in Lucknow.

Frequently Asked Questions

What are the eligibility criteria for the Senior Insurance Specialist job at Standard Chartered?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Senior Insurance Specialist at Standard Chartered?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Senior Insurance Specialist at Standard Chartered.

Is prior experience required for this position?

This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Senior Insurance Specialist role at Standard Chartered?

You can apply directly using the Apply Now button on this page, which will take you to Standard Chartered's application process for this role.