Insurance Financial Advisor

An Insurance Financial Advisor is responsible for selling insurance products and managing, maintaining client relationships, processing insurance policies, and ensuring smooth communication between clients, insurance companies, and internal teams. Their role involves both administrative and customer service tasks, ensuring that policies are properly handled and clients receive excellent service.

Job Description of an Insurance Financial Advisor

Key Responsibilities :

Client Management :

Build and maintain relationships with clients to understand their insurance needs.

Provide guidance on policy options and assist in selecting appropriate coverage.

Handle client inquiries, complaints, and policy modifications.

Policy Administration :

Process applications, endorsements, renewals, and cancellations of insurance policies.

Ensure all policy documents are accurately prepared and sent to clients.

Maintain and update client records in the system.

Sales and Business Development :

Identify potential clients and promote insurance products.

Cross-sell or upsell additional insurance services.

Meet sales targets and contribute to the growth of the insurance portfolio.

Claims Assistance :

Guide clients through the claims process and ensure timely submission of required documents.

RENUMERATION

1. COMMISSION (STRICTLY)

2. ALLOWANCE

3. HMO

4. COMPANY COOPERATIVE