Insurance Agent/Advisor

LIC

Jogeshwari East, Mumbai Metropolitan Region

₹7,000 - ₹58,000 monthly*

Fixed

7000 - ₹15000

Average Incentives*

43,000

Earning Potential

58,000

You can earn more incentive if you perform well

Field Job

Part Time

Full Time

Any experience

No English Required

Job Details

Interview Details

Job highlights

Urgently hiring

35 applicants

Benefits include: Annual Bonus, Flexible Working Hours, Laptop, Health Insurance

850 fee charged by company HR

WHY? - IRDA Exam

Job Description

### LIC Agent Job Profile


**Role and Responsibilities:**

- **Client Interaction:** First contact for insurance, helping individuals, families, and businesses select appropriate policies.

- **Policy Sales:** Specialize in various insurance types: property, casualty, life, health, disability, and long-term care.

- **Claims Assistance:** Help policyholders settle claims and provide financial analysis to minimize risk.

- **Record Keeping:** Prepare reports, maintain records, and seek out new clients.


**Types of Insurance:**

- **Property & Casualty:** Covers financial losses from accidents, fire, theft, and other damages.

- **Life Insurance:** Provides benefits to beneficiaries upon policyholder’s death, and can include annuities for retirement income.

- **Health Insurance:** Covers medical expenses, including dental, short-term, and long-term disability.


**Training:**

- **Duration:** 17-18 days of training covering IRDA requirements and LIC products.

- **Content:** Includes theoretical and practical sessions, communication skills, and relationship management.

- **Support:** Continuous support from Development Officers and management for business growth.


**Career Development:**

- **Initial Phase:** One-on-one meetings with Development Officers for business and career development.

- **Advanced Opportunities:** Potential to become a Development Officer and manage a team.


**Rewards and Recognition:**

- **Performance-Based Rewards:** Competitions, club memberships (e.g., Corporate Club, Chairman’s Club).

- **Special Clubs:** Qualify for seminars at domestic and international locations.

- **MDRT:** Opportunity to join the Million Dollar Round Table, an exclusive global advisors club.


**Key Points:**

- **Job Opportunities:** Good for college graduates and those with strong sales skills.

- **Earnings Potential:** High earnings possible but depends on commission; some may switch careers if income goals are not met.

- **Additional Products:** Increasingly selling financial products like mutual funds and retirement funds.

Job role

Department

Banking / Insurance / Financial Services

Role / Category

Insurance Sales

Employment type

Full Time & Part Time

Shift

Day Shift

Job requirements

Experience

Any experience

Education

10th or Below 10th

Past role/category experience

General Insurance, Health Insurance, Life Insurance, Sales Management, Credit Card Sales, Insurance Sales

Skills

Insurance, Insurance sales, Financial insurance, Medical insurance, Policy Advising, Insurance reporting, Life insurance, Insurance advisor, General insurance, Insurance management

English level

No English Required

Age limit

23 - 60 years

Gender

Any gender

About company

Name

LIC

Address

LIC branch 89A, Satellite Classic, 1st floor, station road, Jogeshwari East, Mumbai - 400060 Jogeshwari East, Mumbai Metropolitan Region

Job posted by LIC

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