Business Development Manager - Insurance - B2B Sales, Institutional Sales, ERP

Position Summary

The Business Development Manager - Insurance will be responsible for advancing the organization's growth objectives within the insurance domain. This role necessitates a strong track record in business development and B2B sales, with specific emphasis on driving institutional sales. The incumbent will leverage their expertise to identify new opportunities, establish key relationships, and formulate strategies that enhance market presence.

Principal Responsibilities

• Formulate and execute comprehensive business development strategies aligned with sales objectives.
• Identify and engage potential business opportunities in the insurance sector targeting institutions.
• Establish and nurture productive relationships with key stakeholders in the institutional landscape.
• Collaborate with cross-functional teams to design and implement effective marketing initiatives.
• Conduct thorough market analysis to ascertain trends, customer needs, and competitor strategies.
• Develop and present tailored proposals to prospective clients, ensuring alignment with their objectives.
• Monitor sales performance indicators and provide regular updates on progress towards business targets.

Eligibility and Qualifications

• Proven experience in business development, particularly in B2B sales with a focus on insurance products.
• Demonstrated understanding of institutional sales methodologies.
• Excellent verbal and written communication skills.
• Strong analytical capability to assess market dynamics.
• Familiarity with ERP systems is an added advantage.

Key Competencies

• Strategic thinking and planning skills.
• Strong negotiation abilities.
• Proficient relationship-building capabilities.
• High level of professionalism and integrity.