What Does an Insurance Sales Consultant Do?

Insurance consultants are professionals who use insurance expertise to assist with billing and claims consulting.

Insurance consultant

Right!

Insurance consultants are professionals who use insurance expertise to assist with billing and claims consulting.

Chinese name

Insurance consultant

Attributes

Occupation

Industry

Insurance

Use

Customized insurance plan issue and claim consultation

Insurance consultants are not the same as pharmaceutical agents. An insurance consultant is a business person of an insurance company. Its main responsibility is to act as a bridge between the insurance company and the insured.

The first is to introduce the various businesses of the insurance company, especially the newly launched insurance types, to the insured, and in particular to organize the insured to participate in various business lectures organized by the insurance company;

The second is to promptly remind the insured to pay in accordance with the situation

Knowledge requirements:

Insurance consultants are an important part of the insurance market mechanism. With the development of the insurance industry, various types of expertise have been formed, which can generally be divided into: original insurance consultants (narrowly defined insurance consultants) and reinsurance consultants.

Former insurance consultant

The original insurance consultant refers to the intermediary directly between the policyholder and the original insurer, and directly accepts the entrustment of the policyholder. According to the nature of the business, the original insurance consultants can be divided into non-life insurance consultants and life insurance consultants.

1. Non-life insurance consultants

A non-life insurance consultant is a special intermediary who introduces various types of property, liability, benefits and other insurance business, mediates between the two parties to the insurance contract, promotes the establishment of the insurance contract, and charges a commission for this purpose. The non-life insurance consultant needs to Type, risk status, requirements of the insured, financial balance, etc. Arrange insurance plans and provide risk management recommendations for the insured, and provide relevant advice when out of insurance. Due to the wide and complex inner space of non-life insurance, this requires non-life insurance consultants not only to have relevant knowledge of insurance, activities, finance, finance, etc., but also to understand the details of the subject matter of the insurance itself, and to be familiar with the market situation of the insurance. Arrange the insurance plan to consider comprehensively, and fully protect the interests of the insured when making insurance claims.

2. Life insurance consultant

A life insurance consultant is an intermediary who selects an insurer on behalf of the insured person in the life insurance market, handles insurance procedures on behalf of the insurer, and receives commissions from the insurer for this purpose. Due to the professional nature of life insurance, life insurance consultants must have certain life insurance actuarial knowledge, integrate and quantify various payment items, correctly calculate the true rate of each life insurance type, and then compare the insurance prices of the companies correctly. Combining the credibility of each company, the quality of service, and the protection needs of the policyholder, the most reasonable insurance proposal is proposed. In addition, life insurance has a long-term nature. The insurance consultant should help the policyholder analyze the policy cash value, surrender money and the cost of regaining protection when surrendering or changing the policy, and strive to help the policyholder obtain the best protection at the lowest cost.

Reinsurance consultant

Reinsurance consultants are intermediaries who facilitate the establishment of reinsurance relationships between reinsurance branch companies and branch companies. They regard the branch companies as their customers and choose to enter the company on the premise of obtaining more favourable conditions for the branch companies and charge them by the branch. The commission paid by the company to join the company, at the same time provide services including collection of sub-insurance premiums, payment of amortized compensation and reciprocal exchange business. As a reinsurance consultant, you must be familiar with the insurance market and work with many policyholders, insurers and reinsurers. To maintain extensive and regular contacts, at the same time, it must have rich professional knowledge and practical experience, and have considerable technical consulting capabilities, so as to obtain favorable conditions for the spin-off company. Due to the strong international nature of the reinsurance business, it is very important to make full use of reinsurance consultants, especially the reinsurance of huge insurance. In fact, many huge reinsurance businesses are facilitated by reinsurance consultants. In countries with developed western insurance businesses, reinsurance consultants with special advantages can offer many attractive insurances for the insurers of huge insurance in their country under favorable conditions. And reinsurance programs, so as to organize many insurers with small financial strength and limited scale to form reinsurance groups to undertake huge insurance.