Lead impactful sales strategies at a leading insurance organization. Collaborate with experts to drive market expansion and revenue growth. Enhance your career in a dynamic, hybrid work environment.
Business Development Manager
in Marketing & Sales PermanentJob Detail
Job Description
Overview
- Drive sales strategies to achieve revenue goals within the insurance industry.
- Collaborate with underwriting teams and stakeholders to identify growth opportunities.
- Develop strategic sales plans to expand market presence and achieve targets.
- Maintain strong relationships with clients, brokers, and insurance partners.
- Analyze market trends and competitor activities to refine strategies.
- Prepare and present sales reports, forecasts, and budgets to management.
- Ensure compliance with industry regulations and company policies.
- Promote teamwork and innovation within the sales team.
Key Responsibilities & Duties
- Generate new business leads and promote A&H insurance products.
- Implement sales and distribution plans to achieve revenue targets.
- Report on pipeline progression and sales metrics regularly.
- Identify market opportunities and develop effective strategies.
- Collaborate with underwriting teams to develop client proposals.
- Negotiate terms and close high-value contracts with clients.
- Coordinate with cross-functional teams to align business objectives.
- Evaluate and improve sales processes and tools for efficiency.
Job Requirements
- Bachelor's degree in Business Administration, Sales, or related field.
- Minimum of 3 years of sales experience in the insurance industry.
- Strong knowledge of insurance products and market trends.
- Proven ability to develop and execute successful sales strategies.
- Excellent communication and negotiation skills.
- Analytical mindset for interpreting data and driving performance.
- Proficiency in sales software and Microsoft Office Suite.
- Existing network within the insurance industry is desirable.
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