General Insurance Sales Manager( Corporate/SME)
Magnum Insurance Broking Private Limited
General Insurance Sales Manager( Corporate/SME)
Magnum Insurance Broking Private Limited
Somajiguda, Hyderabad
₹60,000 - ₹100,000 monthly
Fixed
₹60000 - ₹100000
Earning Potential
₹100,000
Job Details
Interview Details
Job highlights
Urgently hiring
5 applicants
Job Description
Job Title: General Insurance Sales Manager (Corporate / SME)
Department: Business Development / Corporate Sales
Location: Hyderabad (or as applicable)
Reporting To: Business Head / Associate Partner
Job Summary
The General Insurance Sales Manager will be responsible for acquiring new Corporate and SME clients
and growing an assigned portfolio through cross-selling and relationship management. This is a front-
end, revenue-focused role that requires strong prospecting capability, consultative selling skills, and the
ability to build long-term relationships with CFOs, HR Heads, Promoters, and Risk Managers. The role
focuses on driving premium growth while delivering a high-quality advisory experience in line with the
company’s ethical and client-centric positioning.
Key Responsibilities
1. New Business Development (Hunter Role)
Identify, prospect, and onboard new SME and Corporate clients across target industries.
Generate fresh leads through networking, referrals, cold outreach, industry events, and channel
partnerships.
Pitch General Insurance solutions to decision-makers including CFOs, HR Heads, Promoters, and
Risk Heads.
Participate in tenders, RFPs, and corporate insurance evaluations.
Consistently achieve monthly, quarterly, and annual premium and revenue targets.
2. Account Management & Portfolio Growth (Farmer Role)
Manage and grow an assigned book of existing Corporate and SME clients.
Cross-sell and up-sell multiple lines of General Insurance such as:
Property, Marine, Engineering, Liability, Motor, Cyber, and Specialty lines.
Identify coverage gaps and business expansion opportunities within existing accounts.
Drive renewals, retention, and wallet-share growth year-on-year.
Build long-term, trust-based relationships with key client stakeholders.
3. Client Advisory & Solution Positioning
Understand client business models, operations, and risk exposures at a high level.
Position customized insurance programs in coordination with the underwriting / ops team.
Present quote comparisons, coverage recommendations, and value propositions clearly to
clients.
Articulate differentiation based on coverage quality, claims support, and service reliability (not
just price).
4. Insurer & Market Coordination (Commercial Interface Only)
Work closely with internal underwriting and placement teams for quotes, negotiations, and
policy issuance.
Maintain strong working relationships with insurance company sales and marketing teams.
Gather market intelligence on pricing trends, insurer appetite, and competitor activity.
Leverage insurer relationships to support competitive positioning and deal closures.
5. Revenue, Reporting & Performance Management
Own premium, revenue, and collection targets for assigned accounts.
Track sales pipeline, lead status, conversion ratios, and closure timelines.
Prepare periodic sales performance reports for management.
Ensure timely follow-ups for premium payments and policy confirmations.
6. Claims Interface & Service Support (Client-Facing Only)
Act as the primary point of contact for clients during claim intimations.
Coordinate with the internal claims team to ensure smooth claim documentation and follow-
ups.
Use claims service quality as a key retention and relationship-building lever.
Skills & Competencies
Strong corporate sales and business development capability
Consultative selling and relationship-building skills
Excellent communication, presentation, and negotiation skills
Ability to engage CXOs and senior decision-makers
Result-oriented mindset with strong closure ability
Understanding of General Insurance products and market dynamics
High ethical standards and client-first attitude
Self-driven with strong time and territory management skills
Qualifications & Experience
Graduate degree in any discipline (MBA preferred)
10–15 years of experience in Corporate / SME Insurance Sales or Insurance Broking
Proven track record in new client acquisition and premium growth
Experience selling Property, Liability, Marine, Engineering, Motor, and Specialty lines
Strong network within SME and mid-corporate segments (preferred)
IRDAI certification (if applicable) preferred
Key Performance Indicators (KPIs)
New client acquisition count
Premium volume and revenue growth
Renewal retention ratio
Cross-sell / up-sell penetration
Sales pipeline conversion rate
Collection efficiency
Client satisfaction and referrals
Job role
Work location
VV Vintage Boulevard, Raj Bhavan Road, Lumbini Classic Apartment, Somajiguda, Hyderabad, Telangana, India
Department
Sales & BD
Role / Category
BD / Pre Sales
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 10 years
Education
Graduate
Skills
B2B Sales, B2C sales, SMB sales
English level
Good (Intermediate / Advanced) English
Age limit
25 - 45 years
Gender
Any gender
About company
Name
Magnum Insurance Broking Private Limited
Address
VV Vintage Boulevard, Raj Bhavan Road, Lumbini Classic Apartment, Somajiguda, Hyderabad, Telangana, India
Job posted by Magnum Insurance Broking Private Limited
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