Business Development Manager

Company Description

SBI General Insurance, established in 2009, has grown significantly from 17 branches in 2011 to over 170 branches across India. We have served over 10 crore customers through our diverse multi-distribution channels, including Bancassurance, Agency, Broking, Retail Direct Channels, and Digital partnerships. Leveraging a network of over 22,000 SBI branches, agents, financial alliances, and digital partners, we deliver insurance solutions to both urban and rural areas, ensuring accessibility nationwide. Our comprehensive product portfolio addresses the needs of retail, corporate, SME, and rural customers, providing coverage through both digital and physical channels.

Role Description

We are seeking an experienced Business Development Manager to join our team in an on-site, full-time capacity based in Vadodara. The role involves identifying new business opportunities, building and maintaining strong relationships with clients and partners, and achieving sales targets. Responsibilities include analyzing market trends, presenting proposals, negotiating deals, collaborating with internal teams, and participating in initiatives to enhance overall business growth.

Qualifications

• Strong skills in business development, client relationship management, and sales planning
• Excellent analytical and market research abilities to identify opportunities and trends
• Effective communication and negotiation skills to drive successful partnerships
• Understanding of insurance products and industry standards is highly advantageous
• Proven ability to work in a fast-paced and target-driven environment
• Bachelors degree in Business Administration or a related field; MBA is a plus
• Prior experience in the financial or insurance sector is beneficial
• Proficiency with CRM tools and MS Office Suite