Sales Manager Job in Madurai at Magma HDI

Responsibilities:

• Develop and implement strategic sales plans to drive business growth and increase market share for health insurance products.
• Set ambitious sales targets for the team and monitor performance. Take proactive measures to ensure targets are met or exceeded consistently.
• Stay updated with market trends, customer needs, and competitors' activities. Use this information to identify potential business opportunities and stay ahead in the market.
• Build and maintain strong relationships with key clients, brokers, and partners to expand the company's customer base and improve customer retention.
• Continuously evaluate the sales process and identify areas for improvement to streamline operations and enhance efficiency.
• Prepare regular sales reports and performance analyses for the management team. Utilize data-driven insights to make informed business decisions.
• Ensure adherence to industry regulations, company policies, and ethical practices in all sales activities.
• Develop an in-depth understanding of the health insurance products offered by the company and effectively communicate their benefits to clients.
• Conduct sales presentations to potential clients and explain the features and advantages of the health insurance products.
• Work with the senior management to allocate resources effectively and manage the sales department budget.

Requirements:

• Proven experience as a Sales Manager or in a similar sales leadership role within the health insurance industry.
• Strong track record of achieving and exceeding sales targets.
• Excellent leadership skills with the ability to build and inspire a high-performing sales team.
• In-depth knowledge of health insurance products, industry trends, and market dynamics.
• Exceptional communication, negotiation, and interpersonal skills.
• Analytical mindset with the ability to use data to drive decision-making.
• Demonstrated ability to develop and implement effective sales strategies.
• Bachelor's degree in Business Administration, Marketing, or a related field. A relevant master's degree is a plus.
• Relevant certifications in insurance or sales management will be advantageous.
• A self-motivated and result-oriented individual with a strong sense of accountability.
• Willingness to travel as required for business needs.

With over 65 products across various categories, we have solutions to secure all major risks in the general insurance sphere. From retail products like Motor (Car, Two-wheeler, Commercial Vehicles, Tractors), Health, Personal Accident, Home to commercial products like Fire, Engineering, Liability, Marine, our wide array of covers coupled with high-quality and agile service delivery have been the pillars of our foundation.