Job Description

Company Description

Life Insurance Corporation (LIC) is a state-owned public sector life insurance corporation and the largest financial institution and life insurance organization in India. It has 8 zonal offices, 109 divisional offices, and 2048 fully computerized branches across India, including 992 satellite offices in rural areas. LIC has been serving the people and nation since 1956 and played a significant role in spreading life insurance among the masses and mobilization of people's money. Our mission is to create a trans-nationally competitive financial conglomerate that is of significance to societies and the pride of India.

Role Description

We are looking for an experienced Insurance Advisor (Marketing & Sales) to join our team in Indore, with the flexibility for some remote work. As an Insurance Advisor, you will be responsible for providing insurance policy recommendations, generating leads, and meeting sales targets. This is a full-time hybrid role, implying that the role is located in Indore but some work from home is acceptable.

Qualifications

• Prior experience in sales, customer service, or insurance and financial services is preferred
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team in a fast-paced environment
• An eagerness to learn and adapt to new challenges and opportunities
• Basic computer skills and familiarity with various insurance products and services.

Why Choose LIC?

• Sky's the limit for your income.
• Opportunities to recruit advisors under you.
• Personal office, high-end car advance (interest-free), and more.
• Be your own boss with flexible working hours.

Life-time commission and club membership.

• Festival advance, gratuity, medi-claim, term insurance, hereditary commission payable to heirs.

Remuneration

• For Policies with Terms of more than 15 years: 25%+10%(bonus) commission for all the 1st year premiums, then in the second and 3rd years yeah the advisor will get 7.5% each, followed by the advisor will get 5% every year throughout the policy term.
• Term 10-14 years: 20%+8%(bonus) for 1st-year premium, then in the 2nd and 3rd year advisor will get 7.5% each, followed by that the advisor will get 5% every year throughout the policy term.
• Term 5-9 years: 10%+4%(bonus) for 1st-year premium and then the advisor will get 5% every year throughout the policy term.
• For other terms, the Commission is based on the products.

Why Would a customer want to buy a LIC Policy

• To Cut the Taxes since all the premiums paid to a LIC Life insurance policy is exempted from tax up to 150, 000 according to Section 80C of the IT Act, and all premiums paid to LICs Health Insurance policies are exempted from tax up to 50, 000 according to Section 80D of IT Act.
• And The Maturity or Death benefits of LIC are Exempted from tax according to Section 10(10D) of the IT Act
• Good Investment + Insurance opportunity as the customer not only gets Life cover but also various Bonuses on maturity from LICs Annual Profits which is huge compared to any other financial organization in India.

How to Get Started

If you're interested in joining our sales team, contact us via SMS, call, or WhatsApp at +91-7049244678. You can also apply by sending an email to sheetalchouhan479@licindia.com

Job Types: Full-time, Part-time, Permanent, Fresher

Pay: From ?10,000.00 per month

Expected hours: 10 per week

Benefits:

• Life insurance

Schedule:

• Monday to Friday
• Morning shift
• Weekend availability

Supplemental pay types:

• Commission pay

Work Location: In person