Insurance Sales Agent Salary in India
₹214K
20% Low Band Avg
INR ₹250K
Average
₹339K
80% High Band Avg
- Bonus: 28K
- Commission: 42K
Salaries based on experience level
The Average Entry Level salary of Insurance Sales Agent in India is INR ₹240K/yr, this salary increases 24% to ₹299K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 30% from ₹299K/yr to ₹388K/yr.
Salary Compared to India National Average Salary
- Insurance Sales Agent in India Salary
- vs
- India National Average Salary
The Average Salary of Insurance Sales Agent in India is ₹250K/yr. This is +95% higher (₹122,199) compared to India national average salary of ₹128K/yr.
Insurance Sales Agent job description
Job Title: Insurance Sales Agent
Overview/Summary of the role:
An Insurance Sales Agent is a professional who is responsible for selling insurance policies and plans to individuals and businesses. Typically, an Insurance Sales Agent works for an agency or insurance company and meets with clients to help them determine their insurance needs and recommend policies that meet those needs. They also handle administrative duties such as policy renewals and claims processing.
Responsibilities and Duties:
- Develop and maintain relationships with clients to identify and meet their insurance needs
- Sell insurance policies and plans to prospective clients
- Explain coverage details, premiums, and deductibles to clients
- Work with clients to customize plans and create policies that fit their specific needs
Insurance Sales Agent interview questions
Interviewer: Good morning/afternoon. Let's start by telling me a little bit about yourself and your background in insurance sales.
Candidate: Good morning/afternoon. I have been working in the insurance industry for the past 5 years. During that time, I have acquired a lot of experience in selling insurance to clients and managing their accounts.
Interviewer: What inspired you to become an insurance sales agent?
Candidate: I have always been interested in helping people, and I believe that insurance is one of the best ways to help people manage their risks and protect their assets. I enjoy explaining complex insurance policies to clients and finding solutions to their needs.
Interviewer: What techniques do you use to generate leads and acquire new clients?
Candidate: I employ various techniques, including cold calling, networking, referrals, and online marketing campaigns to reach out to potential clients. I always strive to create a relationship with clients and provide them with personalized service.
Insurance Sales Agent Salaries by cities in India
The highest salary for Insurance Sales Agent in India can be found in New Delhi, followed by Chennai 2nd, and Delhi 3rd.