Business Development Manager

Company Description IndiaFirst Life is a fast-growing life insurance company that began operations in November 2009 as the 22nd entrant in the Indian life insurance industry. It is promoted by Bank of Baroda and Union Bank of India, with additional investment from Carmel Point Investments India Private Limited backed by Warburg Pincus. The company achieved break-even within five years and has since established a strong presence across more than 1,000 cities and towns through over 12,000 points of sale. IndiaFirst Life focuses on delivering value through advanced digital initiatives and a CustomerFirst ideology that drives all aspects of its business. Applicants can expect to join an organization that emphasizes innovation, customer-centric solutions, and long-term growth.

Role Description The Business Development Manager role at IndiaFirst Life is a full-time, on-site position based in Gaya. The role involves identifying and developing new business opportunities, building and managing relationships with distribution partners, corporate clients, and individual customers, and driving sales of life insurance products in the assigned territory. The Business Development Manager will be responsible for achieving sales targets, conducting regular market visits, organizing customer and partner engagement activities, and providing product presentations and training to channel partners. The role also includes monitoring market trends, competitor activities, and customer feedback to support strategic planning and contribute to sustainable business growth. Collaboration with internal teams such as operations, underwriting, and customer service is essential to ensure a seamless customer experience.

Qualifications

• Proven experience in business development, sales, or relationship management, preferably in life insurance or financial services.
• Strong communication, negotiation, and interpersonal skills to build and maintain effective partnerships with diverse stakeholders.
• Ability to analyze market trends, identify opportunities, and develop strategies to achieve and exceed sales targets.
• Comfort with using digital tools, CRM systems, and standard office software to manage leads, reporting, and day-to-day activities.
• Bachelors degree in business, finance, marketing, or a related field; a postgraduate qualification or relevant certifications in insurance or sales would be an advantage.
• Self-motivated, goal-oriented, and able to work independently while collaborating effectively with cross-functional teams.
• Willingness to travel within the Gaya region and surrounding areas as required for business development activities.