What Jobs are available for Insurance Sales Executive in India?

Profile: Life Insurance - Sales Executive

Experience: 1-3 years ( Prior experience in life insurance sales/financial services preferred. (2 years))

Salary Range: upto 22k-25k ( Could be negotiated depending upon experience)

We are seeking a motivated Life Insurance Sales Executive . The candidate will be responsible for promoting and selling life insurance policies, providing detailed product information, conducting client meetings, and building long-term customer relationships. This full-time role requires strong communication and presentation skills, with prior experience in life insurance or financial services preferred.

• Promote and sell life insurance policies directly to customers.

• Provide complete information on product features, premium structures, and benefits.

• Conduct client meetings and presentations when necessary.

• Build and maintain long-term client relationships.

• Achieve assigned business targets.

• Male/Female candidates with good communication and presentation skills.

• Prior experience in life insurance sales/financial services preferred. (2 years)

• Goal-oriented, confident, and customer-focused.

• Ability to understand client needs and recommend suitable solutions.

• Lead the design, development, and pricing of new life insurance products.
• Conduct in-depth market research and competitor analysis to identify product opportunities.
• Develop sophisticated financial models for pricing, reserving, and forecasting.
• Ensure product profitability and solvency by setting appropriate premiums and reserves.
• Collaborate with underwriting to establish risk assessment guidelines.
• Work with actuarial teams to conduct experience studies and recommend adjustments.
• Ensure compliance with all relevant insurance regulations and accounting standards.
• Present actuarial findings and recommendations to senior management.
• Mentor and guide junior actuaries and analysts.
• Stay abreast of industry trends, emerging risks, and new actuarial techniques.

• Fellowship in a recognized Actuarial Society (e.g., FIA, FSA, FCAS) or equivalent.
• Minimum of 10 years of progressive experience in actuarial roles within the life insurance sector.
• Extensive experience in product development, pricing, and financial modeling.
• Deep understanding of life insurance products, markets, and regulatory environments.
• Proficiency in actuarial software and programming languages (e.g., Prophet, Moses, R, Python).
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication and presentation skills, with the ability to explain complex concepts clearly.
• Proven leadership and team management capabilities.

• Develop, price, and maintain profitability of new and existing life insurance products.
• Perform complex actuarial calculations and modeling using specialized software.
• Analyze policy data, market trends, and financial reports to inform product development and pricing strategies.
• Develop and implement pricing assumptions, including mortality, lapse rates, expenses, and investment returns.
• Conduct experience studies to monitor the performance of existing products and update assumptions as needed.
• Assist in the preparation of regulatory filings and actuarial reports.
• Collaborate with underwriting, product development, marketing, and finance teams to ensure product viability and market competitiveness.
• Perform asset-liability management analysis to optimize financial performance.
• Assess the financial impact of regulatory changes and market dynamics on product portfolios.
• Mentor junior actuarial staff and provide technical guidance.
• Present findings and recommendations to senior management in a clear and concise manner.
• Ensure compliance with all relevant actuarial standards and company policies.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards or completion of actuarial exams (e.g., Society of Actuaries (SOA) or Institute and Faculty of Actuaries (IFoA)).
• Minimum of 4-6 years of actuarial experience in the life insurance industry.
• Strong proficiency in actuarial modeling software (e.g., Prophet, AXIS, MoSes) and tools like Excel and VBA.
• Solid understanding of life insurance products, principles, and regulations.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong communication and presentation abilities.
• Ability to work effectively in a team environment and manage multiple projects simultaneously.
• Experience with database management and SQL is a plus.
• This role operates on a hybrid basis, requiring attendance at the Bhopal, Madhya Pradesh, IN office for a portion of the week.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Associate or Fellow designation from a recognized actuarial society (e.g., IAI, SOA, CAS).
• Minimum of 5 years of actuarial experience, with a focus on life insurance.
• Proficiency in actuarial software and modeling tools (e.g., Prophet, GGY Axis).
• Strong understanding of life insurance products, pricing methodologies, and reserving principles.
• Experience with regulatory requirements and compliance in the insurance industry.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong programming skills (e.g., SQL, Python, R) are a plus.
• Effective communication and presentation skills, with the ability to explain complex concepts to non-actuaries.
• Detail-oriented with a commitment to accuracy and quality.
• Ability to work independently and collaboratively in a team environment.

• Develop and maintain actuarial models for pricing new and existing life insurance products, ensuring competitive positioning and profitability.
• Perform regular experience studies (morbidity, mortality, lapse rates) to inform pricing assumptions and monitor product performance.
• Conduct asset-liability management (ALM) analysis to ensure the financial stability and risk mitigation of insurance liabilities.
• Assist in the preparation of statutory and regulatory financial statements, ensuring compliance with all relevant guidelines.
• Collaborate with underwriting, marketing, product development, and finance teams to provide actuarial insights and support strategic initiatives.
• Perform ad-hoc analysis and financial projections to support business decision-making.
• Contribute to the development and implementation of new actuarial software and tools.
• Mentor and guide junior actuarial staff, fostering their professional development.
• Stay current with industry trends, regulatory changes, and emerging risks relevant to the life insurance sector.
• Communicate complex actuarial concepts and results clearly and concisely to both technical and non-technical audiences.
• Assist in the valuation of insurance reserves and embedded value calculations.
• Participate in the design and testing of new product features and enhancements.
• Support the development of risk management frameworks and capital modeling initiatives.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field.
• Progress towards or completion of actuarial exams (e.g., ACET, FSA, FIA) is highly desirable.
• Minimum of 5 years of actuarial experience in the life insurance industry.
• Strong proficiency in actuarial modeling software (e.g., Prophet, ALFA) and data analysis tools (e.g., SQL, R, Python).
• Excellent understanding of life insurance products, principles, and regulatory requirements.
• Demonstrated experience in pricing, reserving, or financial modeling for life insurance.
• Advanced analytical and problem-solving skills, with meticulous attention to detail.
• Strong communication and interpersonal skills, enabling effective collaboration in a remote setting.
• Ability to manage multiple projects simultaneously and meet strict deadlines.
• Proficiency in Microsoft Excel and PowerPoint.
• Experience with data visualization tools is a plus.

• Develop, implement, and maintain actuarial models for pricing new life insurance products and reviewing existing ones.
• Perform complex reserving calculations in compliance with regulatory requirements (e.g., IRDAI guidelines).
• Analyze mortality, morbidity, and lapse data to inform product development and risk assessment.
• Conduct profitability analysis and sensitivity testing for various product lines.
• Assist in the preparation of regulatory filings and statutory financial statements.
• Collaborate with product development, underwriting, claims, and finance teams to provide actuarial insights.
• Stay updated on industry trends, new regulations, and best practices in actuarial science.
• Contribute to the enhancement of actuarial systems and processes.
• Support internal and external audits of actuarial data and methodologies.
• Mentor junior actuarial staff and provide technical guidance.
• Prepare clear and concise reports and presentations for management and stakeholders.

• Passed at least 5 actuarial examinations from a recognized professional actuarial body (e.g., Institute of Actuaries of India, SOA, CAS).
• Minimum of 5 years of experience in the life insurance industry, with a focus on pricing and reserving.
• Strong analytical and quantitative skills, with proficiency in actuarial software and tools (e.g., Prophet, ALDONZA, R, Python, SQL).
• Excellent understanding of life insurance products, regulations, and financial reporting.
• Proficiency in Microsoft Excel and other relevant software.
• Strong communication and interpersonal skills, with the ability to explain complex concepts to non-actuaries.
• Ability to work independently and as part of a team in a hybrid work environment.
• Detail-oriented with a strong commitment to accuracy and quality.

• Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
• Analyze financial data to assess the profitability and solvency of life insurance products.
• Assist in the design and pricing of new life insurance products.
• Perform reserve calculations and ensure adequacy of reserves.
• Evaluate capital requirements and risk exposure.
• Support financial planning and strategic decision-making with actuarial insights.
• Collaborate with underwriting, product development, and finance teams.
• Ensure compliance with regulatory requirements and actuarial standards.
• Mentor junior actuarial staff and review their work.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Minimum of 5 years of actuarial experience, with a focus on life insurance.
• Progress towards or completion of actuarial designations (e.g., ACAS, FCAS, ASA, FSA) is required.
• Proficiency in actuarial software (e.g., Prophet, GGY Axis) and programming languages (e.g., R, Python, SQL).
• Strong analytical, problem-solving, and statistical modeling skills.
• Excellent written and verbal communication skills, with the ability to explain complex concepts.
• Experience working in a remote environment is essential.
• Detail-oriented and highly organized.