Murugappa Group - Senior Business Development Manager - Corporate Broking - Non Motor Insurance - Chola MS General Insurance

Description:

Chola MS General Insurance (Murugappa Group) is looking to onboard a high-performing Senior BDM Corporate Broking to drive growth in the Non-Motor Insurance portfolio through corporate brokers.
This is a mid-senior level role requiring strong expertise in broker-driven business, client relationship management, and underwriting coordination across complex insurance products.
Role Overview:
The role involves managing and expanding the Non-Motor insurance portfolio, driving new business through broker networks, ensuring renewals, and maintaining profitability across multiple product lines.
Key Responsibilities:1. Business Development & Revenue Growth:- Drive business targets through corporate broker channels in the Non-Motor segment

• Expand portfolio by acquiring new corporate clients and strengthening existing relationships

• Ensure profitable underwriting and balanced product mix across portfolios

• Drive renewals and persistency across key accounts

2. Broker & Partner Management:

- Build and strengthen relationships with key brokers and intermediaries

• Conduct regular broker meetings, performance reviews, and joint client visits

• Act as a strategic partner to brokers for business growth and client acquisition

3. Technical & Risk Advisory:

- Work closely with underwriting teams to structure solutions and pricing strategies

• Assess client risk exposures and support brokers with risk notes and proposals

• Provide inputs on product positioning and risk coverage across industries

4. Cross-functional Coordination & Servicing:

- Liaise with Underwriting, Operations, and Claims teams for seamless delivery

• Ensure timely policy issuance, servicing, and query resolution

• Track claims and provide updates to brokers and clients

Products Covered:

- Fire / Industrial All Risk (IAR)

• Marine (Cargo & Hull)

• Workmen Compensation (WC)

• Group Personal Accident (GPA)

• Engineering (CAR, EAR, MBD, CPM)

• Liability (Public, Product, D&O, Professional Indemnity)

• Package & Asset Policies

Skills & Qualifications:

- 3 - 8 years of experience in Non-Motor / Corporate Insurance

• Strong exposure to broker-driven business models

• In-depth understanding of underwriting principles and risk assessment

• Excellent relationship management, negotiation, and stakeholder handling skills

• Strong communication and presentation capabilities

• Target-driven with a customer-centric approach

Eligibility Criteria:

- Qualification: Postgraduate / MBA preferred

• Age: Up to 35 years