Insurance Advisor

10,000 - 25,000 /month

Random

Mulund, Mumbai

1 - 4 years Experience in Customer Support / TeleCaller

5 Openings

Full Time

Job Highlights

Industry Type: Life Insurance

Graduate and above

All genders

6 days working | Day Shift

Job Description

We required staff for the Life Insurance Department. Below is the JD for your reference

Required Minimum 2 Years of Experience in the same field.

Job Description – Life Insurance Department Executive/Officer

Location- Mulund

Employment Type: Full-time

Salary Range: 20K to 25K,

Educational Requirement : Minimum Graduate

Gender: Female (Preferable) , Male

Role Overview

The Life Insurance Department Executive is responsible for managing all LIC (Life Insurance Corporation of India), HDFC Life , Bajaj Life related operations within the firm, including policy servicing, client coordination, documentation, and follow-up. The role ensures smooth execution of all insurance processes and supports financial advisors by providing accurate and timely information.

Key Responsibilities

1. Policy Servicing & Operations

Handle new LIC policy proposals, form filling, documentation, and submission.

Track policy issuance status and follow up with LIC branches as required.

Manage renewal premium reminders, collections, and payment follow-ups.

Assist clients with policy loan processing, surrender, revival, nomination changes, and other servicing requests.

2. Client Coordination & Support

Act as a primary point of contact for LIC-related queries from clients.

Provide clients with policy details, benefits, maturity information, and statements.

Schedule meetings for advisors with clients for new policy planning or portfolio reviews.

3. Documentation & Compliance

Maintain updated records of all client policies in CRM or internal systems.

Ensure 100% accuracy in proposal forms, KYC documents, and declarations.

Handle compliance requirements related to IRDAI and LIC guidelines.

4. Reporting & Administration

Prepare daily/weekly reports on policy issuance, renewals, and pending cases.

Coordinate with the branch/DO/BO staff for updates and escalations.

Support the financial advisory team with product comparisons and illustrations.

Other Details

It is a Full Time Customer Support / TeleCaller job for candidates with 1 - 4 years of experience.

More about this Insurance Advisor job

What qualifications and experience are required for this Insurance Advisor position?
Ans : Candidates should have a Graduate and above qualification with 1-4 years of experience.
What is the salary and job type for this role?
Ans : The salary for this Insurance Advisor job ranges between ₹10,000-₹25,000 per month. This is a Full Time job.
What shift and timings does this job follow?
Ans : This Insurance Advisor job follows a Day shift.
Do you need to visit the office for this job?
Ans : Yes, candidates need to visit the office and work from the location in Mulund, Mumbai.
How many vacancies are there for this Insurance Advisor job?
Ans : There are 5 vacancies for this Insurance Advisor role.
Is this job open for all genders?
Ans : Yes, this Insurance Advisor job is open for both male and female candidates.
What is the job location for this position?
Ans : The job location for this Insurance Advisor position is Mulund, Mumbai.
What makes this Insurance Advisor job a good opportunity?
Ans : This Insurance Advisor job is a good opportunity as it offers a salary between ₹10,000-₹25,000 per month. This is a Full Time job and has 5 openings.