Corporate Sales Manager Jobs in Chennai Insurance Company
⚡ Urgent Requirement🏢 Chennai Insurance Industry - Where to Find These Jobs
Chennai is one of India's most important insurance industry cities, home to Star Health and Allied Insurance (India's largest standalone health insurer), regional offices of all major life and general insurers, and a large insurance operations workforce. The city employs over 1.5 lakh insurance professionals across sales, operations, claims, underwriting, and technology.
Anna Salai, T. Nagar, Nungambakkam, and Guindy are the primary insurance employment zones in Chennai. Key private sector employers include Star Health Insurance, HDFC Life, ICICI Prudential Life, SBI Life, Bajaj Allianz Life, Tata AIA, Max Life Insurance, HDFC ERGO, ICICI Lombard, and Bajaj Allianz General Insurance.
📋 Job Description
Jobzi is sourcing qualified candidates for Corporate Sales Manager positions in Chennai insurance companies. This role is with a leading private sector life insurer, general insurer, or health insurance company in Chennai. You will be part of India's growing insurance industry with strong career growth and competitive compensation.
📌 Key Responsibilities
- Acquire and manage large corporate accounts for group health, group life, GTLA, and key-man insurance products
- Build C-suite relationships with CEOs, CFOs, and HR Directors of large companies in Chennai
- Prepare customized insurance proposals, benefit design options, and pricing comparisons for RFPs
- Achieve annual corporate premium targets by growing existing accounts and acquiring new logos
- Manage end-to-end corporate account relationship including onboarding, claims coordination, and renewal
- Represent the insurer at industry events, CII meets, and HR forums in Chennai
- Coordinate with underwriting, actuarial, and operations teams for competitive and efficient corporate servicing
🎓 Qualifications and Requirements
- MBA or any graduate with 6-12 years of B2B insurance sales or corporate account management experience
- Strong knowledge of group insurance products: group health, GTLA, EDLI, keyman, and WC policies
- Experience dealing with HR, Finance, and procurement heads of large companies
- Track record of acquiring and retaining large corporate accounts with Rs.1 crore+ annual premium
- Valid IRDAI license for respective insurance category
- Strong proposal writing and presentation skills for C-suite audiences
- Good networking within Chennai's corporate community: manufacturing, IT, healthcare, and retail sectors
✅ Required Skills
🏆 Certifications Valued
IRDAI Insurance Agent License, POSP Certificate, IRDA Composite License, NISM Series certifications, IC-33 (Life Insurance), IC-38 (General Insurance), IC-57 (Health Insurance), Licentiate / Associate / Fellow of Insurance Institute of India (III)
❓ Frequently Asked Questions
Which areas in Chennai have the most insurance company jobs?
Anna Salai (Mount Road), T. Nagar, Nungambakkam, Thousand Lights, and Guindy are Chennai's primary insurance employment zones. Star Health Insurance's headquarters in Nungambakkam is one of the largest single insurance employers. T. Nagar hosts branch offices of nearly every major insurer.
What is the average insurance company salary in Chennai in 2026?
Insurance salaries in Chennai range from Rs.15,000 for entry-level policy servicing roles to Rs.1,50,000+ for senior managers in underwriting, product, and medical affairs. Sales professionals with good incentive achievement earn Rs.60,000 - Rs.2,00,000 total monthly compensation.
What IRDAI certifications are required for insurance jobs in Chennai?
IRDAI agent license (IC-33 for life, IC-38 for general) is mandatory for field sales and advisory roles. The Insurance Institute of India offers Licentiate, Associate, and Fellowship qualifications valued for underwriting, claims, and senior roles. POSP certificate is required for point-of-sales person roles.
What does a Corporate Sales Manager do in a Chennai insurance company?
Corporate Sales Managers at Chennai insurance companies acquire and manage large employer accounts for group health, group life, and liability insurance. They work with HR and finance teams of Chennai's IT companies, manufacturers, healthcare networks, and logistics firms to design employee benefits programs and win group insurance mandates.
What is the salary for Corporate Sales Manager in Chennai insurance in 2026?
Corporate Sales Managers with 6-12 years experience earn Rs.50,000 - Rs.1,25,000 per month in Chennai with significant variable incentives on corporate premium production. Top performers managing Rs.10 crore+ annual premium portfolios earn total CTC of Rs.20 lakh - Rs.40 lakh.
What industries in Chennai are the largest corporate insurance buyers?
IT and IT services companies on OMR (TCS, Infosys, HCL, Cognizant), manufacturing companies in Oragadam and Sriperumbudur, healthcare networks (Apollo, Fortis, MIOT), logistics companies, and large retail chains are the biggest corporate insurance buyers in Chennai for group health and life policies.
What is the salary for Corporate Sales Manager in Chennai 2026?
A Corporate Sales Manager in Chennai earns between Rs.50,000 and Rs.1,25,000 per month in June 2026, depending on experience, insurer, and performance.
What experience is required for Corporate Sales Manager jobs in Chennai?
6 - 12 Years of relevant experience is required for Corporate Sales Manager roles in Chennai insurance companies. Domain knowledge of insurance products and IRDAI regulations is strongly valued.