POSP Coordinator Jobs in Chennai Insurance Company
⚡ Hiring Now🏫 Chennai Insurance Company Employment Zones
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 POSP Coordinator positions in Chennai's private Insurance Company sector. This is a full-time opportunity with a reputed Insurance and Financial Services employer in Chennai offering competitive salary, structured growth, and a professional work environment. Tamil communication skills are preferred alongside English for professional and business interaction in Chennai.
📌 Key Responsibilities
- Recruit and onboard Point of Sales Persons (POSPs) through partnerships with common service centres, shops, and self-employed individuals
- Train POSPs on approved insurance products, sales process, and IRDAI POSP compliance requirements
- Monitor POSP activity levels, premium generation, and product mix on a weekly basis
- Support POSPs with customer queries, proposal submission, and digital sales tools
- Ensure POSP certificate renewals and compliance with IRDAI POSP regulations
- Achieve monthly POSP-channel premium targets by driving POSP productivity
- Maintain POSP database and submit activity reports to branch management
🎓 Qualifications and Requirements
- Any graduate degree from a recognized university
- 1 - 3 Years of experience in insurance POSP channel or financial product distribution
- Valid IRDAI POSP Certificate or willingness to obtain it during induction
- Basic knowledge of general and health insurance products approved for POSP distribution
- Good communication skills in Tamil for interacting with local POSP partners
- Proficiency in basic MS Office and mobile-based insurance sales apps
- Self-motivated with ability to manage a distributed network of POSPs across Chennai geography
- Good Tamil and English communication skills for team coordination and client interaction in Chennai.
✅ Required Skills
🏆 Certifications and Qualifications
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 ?
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 is POSP in insurance and why is it important in Chennai?
POSP (Point of Sales Person) is a simplified insurance distribution model introduced by IRDAI allowing individuals with minimal training to sell pre-approved simple insurance products. In Chennai, POSPs include shopkeepers, CSC operators, travel agents, and self-employed individuals who sell motor, health, and term insurance products as a supplementary income source.
What is the salary for POSP Coordinator in Chennai insurance companies?
POSP Coordinators with 1-3 years experience earn Rs.18,000 - Rs.48,000 per month in Chennai plus productivity incentives for POSP channel premium generation. Companies like Bajaj Allianz, HDFC ERGO, and Star Health actively build POSP networks through dedicated coordinators in Chennai.
How many products can a POSP sell in Chennai?
IRDAI limits POSPs to pre-approved simple products: motor insurance (TP and OD), standard individual health (Arogya Sanjeevani), standard term life, personal accident, and travel insurance. POSPs cannot sell complex products like ULIP, endowment, or commercial insurance. This simplicity makes onboarding faster.
What is the salary for POSP Coordinator in Chennai Insurance Company in
A POSP Coordinator in Chennai earns between Rs.24,500 and Rs.54,500 per month in July 2026, depending on experience, skills, and employer.
What experience is required for POSP Coordinator jobs in
1 - 3 Years of relevant experience is typically required for POSP Coordinator positions in Chennai's private Insurance Company sector.
வேலை விவரம் - தமிழில்
Chennai-ல் POSP Coordinator வேலைவாய்ப்பு. மாத சம்பளம் ரூ.24,500 முதல் ரூ.54,500 வரை. 1 - 3 Years અனுபவம் தேவை. Insurance Company-ல் Full Time பணி. ஆர்வமுள்ளவர்கள் Jobzi மூலம் விண்ணப்பிக்கலாம்.