An AI agent that applies to roles like this on employers' own sites. 25 applications free, no card needed.
Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.
Job Description
Senior Manager - Business Development (3-7 yrs)
Role Overview:
We are looking for a dynamic and result-oriented Manager - Business Development (Life Insurance) to drive business growth through strategic partnerships, distribution initiatives, and innovative business solutions. The role demands strong industry knowledge, stakeholder management, and execution capabilities to strengthen Policybazaar's leadership position in the life insurance segment.
Key Responsibilities:
- Own end-to-end P&L responsibility for the Life Insurance vertical, ensuring revenue maximization and cost optimization.
- Drive revenue growth through strategic business development initiatives and partnerships in the Life Insurance segment.
- Monitor and analyze business performance metrics to identify growth opportunities and implement corrective actions.
- Optimize cost and improve overall profitability by driving efficiency in sales processes.
- Collaborate with cross-functional teams (marketing, product, operations, and technology) to deliver sustainable business outcomes.
- Develop and execute strategies to improve margins, enhance customer lifetime value (CLV), and reduce operational leakages.
- Prepare business forecasts, budgets, and financial plans, and track actual performance against targets.
- Identify new revenue streams, alliances, and distribution models to scale the Life Insurance business profitably.
Desired Candidate Profile:
- Experience: 2+ years in Business Development / Sales / Partnerships, MBA from Tier-1 college is preferred.
- Proven track record of driving revenue and achieving business targets
- Excellent negotiation, relationship management, and presentation skills
- Ability to work in a fast-paced, high-growth environment
- Analytical mindset with comfort in handling data-driven decision making
- MBA/PGDM preferred but not mandatory
Skills
OperationsIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
We stay awake and alive because Insurance helps families in financial distress, during the times of death, disability, disease, and accidents, and when families need help most. One incident can destroy a family’s future and development. We hope no one ever faces such a situation, but the truth is millions of people do. Unlike European countries we have poor social security. The rich can still recover from the financial loss, but the poor cannot recover from such a loss easily. Thus we believe we do a noble act by building awareness about such a product. We are against miss selling. Millions of people every year buy Insurance policies without understanding as they are usually told just a few things to sell the product. Many times these are lies or half-truths; as such commitments are rarely documented or recorded. Thus customers start hating insurance and its sellers hurting persistency and growth. This is no way to build a sustainable business. We believe everyone must fully understand what they are buying, and know both the positives and the negatives. They should know the options, and choose what is best for them and their needs. The true value of any insurance policy lies in the payment of a claim, and we will fight the corner of a customer very hard indeed, at the point of claim, and ensure he gets a fair deal from the insurance company. Finally we believe companies must make a profit too, else how can they continue to service customers. Thus we are against customer side fraud. We like customers to make truthful declarations, and not try to cheat the system. All in all, Insurance has a huge role in supporting families in distress, and we will make it viable for every participant, as we said, fairly, transparently, and sustainably.
Similar Jobs
View all
New Business Development / Sales roles in Gurgaon/Gurugram.
One email a day. Unsubscribe any time.
