Business Development Manager (General Insurance)

Job Summary

Business Development Manager (Bdm)

1. Client Acquisition & Portfolio Development

• Leverage existing networks to onboard clients with portfolios of $1 million or more.
• Identify, engage, and convert prospective clients to expand the company’s insurance portfolio.

2. Sales & Revenue Growth

• Consistently achieve and exceed sales targets by promoting general insurance products.
• Maximize revenue through effective cross-selling and up-selling strategies.

3. Relationship Management

• Build and maintain strong, long-term client relationships to ensure satisfaction and retention.
• Act as a trusted advisor, delivering tailored insurance solutions aligned with client needs.

4. Market Research & Strategy

• Monitor industry trends, competitor offerings, and evolving client requirements.
• Collaborate with the sales team to design and execute strategic business development plans.

5. Coordination & Compliance

• Partner with internal teams to ensure seamless onboarding, policy issuance, and client servicing.
• Adhere to company policies, legal regulations, and industry standards.

6. Reporting

• Prepare and present regular sales reports, highlighting revenue progress and client engagement metrics.

Key Requirements

• **Experience:**
• 3–5 years in business development, sales, or account management within the insurance industry.
• **Portfolio Management:**
• Demonstrated success in managing client portfolios of at least $1 million.
• **Education:**
• Bachelor’s degree in Business Administration, Finance, or related field (preferred).
• **Skills:**
• Strong interpersonal and communication abilities.
• Proven track record of meeting and exceeding sales targets.
• Proficiency in CRM tools and MS Office Suite.
• **Attributes:**
• Self-motivated, customer-focused, and able to thrive in a competitive sales environment.