Sales Associate- Life Insurance sales -Financial Consultant
Experience
Job Location
Education
Bachelor of Business Administration, Bachelor of Arts, Any Graduation
Nationality
Indian, Filipino, Pakistani, Sri Lankan
Gender
Benefits
Medical Insurance, Visa, Life Insurance
Job Description
Roles & Responsibilities
- Leading Insurance Provider in UAE-
- Life Insurance sales- (others who dont have interest to work in life insurance sales -dont apply)
- Identifying the potential clients from UAE market for our top class Life Insurance plans suitable for their family protection,Asset building,children education,Retirement solutions based on their need basis.
- Good and regular Income potential with Guaranteed career growth for Goal oriented and dedicated , challenging sales personality.
- Develop and maintain relationships with clients to understand their financial needs and recommend appropriate life insurance products.
- Conduct thorough financial analysis to identify areas where life insurance coverage is needed and provide tailored solutions to clients.
- Generate leads through networking, referrals, and cold calling to expand client base and achieve sales targets.
- Stay updated on industry trends, product knowledge, and regulations related to life insurance to provide accurate and informed advice to clients.
- Prepare and present sales proposals to clients, highlighting the benefits and features of life insurance products.
- Assist clients in completing application forms and documentation required for life insurance policies.
- Coordinate with underwriters to ensure timely processing of applications and policy issuance.
- Provide ongoing customer support by addressing client inquiries, resolving issues, and assisting with policy servicing.
- Collaborate with team members and sales managers to develop sales strategies and achieve team goals.
- Maintain accurate records of client interactions, sales activities, and policy details for reporting and future reference.
Desired Candidate Profile
- Age minimum 28 yrs and above
- Education:3 years graduation – certificate attested from Uae embassy and MOFA
- Bachelor’s degree in finance, business administration, or a related field.
- Relevant industry certifications such as Life Insurance License or Certified Financial Planner (CFP) preferred.
- Minimum of 2 years of experience in life insurance sales or financial consulting.
- Strong knowledge of insurance products, financial planning, and investment strategies.
- Experience in prospecting, lead generation, and client acquisition.
- Ability to build and maintain strong relationships with clients.
- Excellent communication and presentation skills in English.
- Self-motivated, goal-oriented, and able to work independently or as part of a team.
- Strong analytical and problem-solving abilities.
- Experience Minimum-2 years of sales Experience any field preferably Banking or real estate or Concept selling ( out door sales)
Driving License:
Valid UAE license taken as additional value for selection of candidates.
( 2 no’s of Business Associates and 1 no’s Business Development Officer based on experience and potentiality of candidates)
Contact
+971525643786 ( WhatsApp only)
Employment Type
Full Time
Company Industry
Insurance
Department / Functional Area
Sales Business Development
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we can help you with information on becoming a sales associate in the life insurance industry or working as a financial consultant. Here’s an overview of these roles and some steps you can take to pursue them:
1. Sales Associate – Life Insurance:
– Responsibilities: As a sales associate in life insurance, your primary role is to sell life insurance policies to individuals or businesses. This involves prospecting potential clients, explaining policy options, and assisting with the application and underwriting process.
– Skills and Qualifications:
– Strong interpersonal and communication skills
– Knowledge of life insurance products and industry regulations
– Sales and negotiation abilities
– Ability to build and maintain client relationships
– Detail-oriented and organized
2. Financial Consultant:
– Responsibilities: As a financial consultant, you provide advice and guidance to clients regarding their financial goals and help them make informed decisions about investments, retirement planning, insurance, and other financial matters. You may work independently or with a financial institution.
– Skills and Qualifications:
– Strong knowledge of financial products, markets, and investment strategies
– Excellent communication and presentation skills
– Analytical and problem-solving abilities
– Understanding of regulatory requirements
– Relevant certifications (e.g., Certified Financial Planner, Chartered Financial Analyst) may be beneficial but not always required.
Steps to pursue these roles:
1. Education and Training:
– Obtain a high school diploma or equivalent.
– Pursue a bachelor’s degree in finance, economics, business, or a related field. Although not always mandatory, a degree can enhance your prospects.
– Consider obtaining relevant certifications, such as the Life Insurance License or Certified Financial Planner (CFP) designation, to demonstrate your expertise.
2. Gain Experience:
– Seek entry-level positions in sales or financial services to gain practical experience and develop your skills.
– Join internships or apprenticeship programs with insurance companies or financial advisory firms to learn the industry and gain exposure.
3. Networking and Building Relationships:
– Attend industry events, seminars, or conferences to meet professionals in the field.
– Join professional organizations and online communities related to insurance or finance.
– Leverage your existing network to explore potential opportunities and seek mentorship.
4. Job Search:
– Explore job boards, company websites, and professional networks for open positions.
– Tailor your resume and cover letter to highlight relevant skills and experiences.
– Prepare for interviews by researching the company and practicing common interview questions.
Remember that specific requirements and processes may vary depending on your location and the employer’s preferences. It’s advisable to research the specific qualifications and regulations applicable in your area.
Good luck with your pursuit of a sales associate or financial consultant role in the life insurance industry!