Insurance KPIs
Insurance KPIs include key performance indicators as follows:
1. Financial Perspective
• Increase in profit per sales executive.
• % increase in training cost.
• Annual Salary.
• Incentives as % of salary.
2. Operational Perspective
• Number of sales targets achieved.
• % decrease in employee turnover.
• % of renewed policies to the number of policies sold.
• % of policy lapses or missed payments.
3. Customer Perspective
• % decrease in customer complaints.
• Percentage of upgraded policies.
• Number of referrals generated from customers.
• Number of customer focused products developed.
4. Training Perspective
• Number of motivational training sessions.
• Number of quality and feedback intiatives introduced.
• Number of Training sessions.
• Number of brainstorming sessions.
These KPI can apply for Insurance Balanced Scorecard.
Related insurance documents:
• Insurance job descriptions
• Insurance interview questions
• Key performance indicators examples (all KPI for marketing, sales, HR, manufacturing …)
• KPI ebooks (download free and ref all ebooks related to KPI application).
Top ebooks
1. Ebook: Phrases For Performance Appraisals.
2. Ebook: Ultimate Guide To Job Interview Answers.
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