Business Development Managers

Company Description IndiaFirst Life is a fast-growing life insurance company that began operations in 2009 as the 22nd entrant to 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 LLC. The company achieved break-even and declared profits within five years, placing it among a select group of insurers in India. IndiaFirst Life now reaches customers across more than 1,000 cities and towns through over 12,000 points of sale. Its CustomerFirst ideology and strong focus on digitalization drive innovative, tech-enabled solutions across the entire value chain.

Role Description This is a full-time, on-site Business Development Manager role based in Varanasi. The Business Development Manager will be responsible for driving sales of life insurance products, acquiring new customers, and deepening relationships with existing customers through field visits and regular follow-ups. The role involves building and managing relationships with bank branches and channel partners, training and motivating front-line staff, and ensuring achievement of sales targets. The individual will analyze local market potential, identify new business opportunities, and implement sales and marketing initiatives aligned with company strategies. The Business Development Manager will also maintain accurate sales records, ensure compliance with regulatory and internal guidelines, and provide timely reports and feedback to leadership.

Qualifications

• Proven experience in sales or business development, preferably in life insurance, banking, or financial services.
• Strong relationship management skills with the ability to work closely with channel partners and customers.
• Solid understanding of insurance or financial products, with the ability to explain product features and benefits clearly.
• Strong communication, negotiation, and presentation skills.
• Goal-oriented mindset with the ability to work under targets and manage time effectively.
• Graduate degree in any discipline; a postgraduate degree or professional certification in finance, insurance, or management is an advantage.
• Comfort with basic digital tools, CRM systems, and reporting dashboards.
• Ability to work on-site across assigned locations in and around Varanasi and travel locally as required.
• High level of integrity, customer focus, and adherence to regulatory and company compliance standards.