Business Development Executive Jobs Opening in Navinchandra Group at Vadodara-Others, Bharuch, Surat, VadodaraLess

Industry: Health & Life InsuranceJob Description A Business Development Executive (BDE) in the health and life insurance industry plays a crucial role in driving business growth by identifying potential clients, building strong relationships, and promoting insurance products that safeguard individuals and families against financial uncertainties. The role goes beyond sales; it requires strategic thinking, market understanding, and the ability to align customer needs with appropriate insurance solutions. This position is ideal for ambitious, target-driven, and customer-focused individuals who want to build a career in one of the fastest-growing industries. The BDE is often the bridge between the insurance company and the customer, ensuring a smooth journey from initial interaction to policy issuance and after-sales service. Key Responsibilities Client Acquisition & Lead Generation Identify potential clients through networking, referrals, corporate tie-ups, and lead databases. Approach individuals, families, and businesses to understand their insurance needs. Generate leads through activities such as cold calling, field visits, seminars, and digital campaigns. Build and manage a strong sales pipeline to ensure consistent conversions. Sales & Business Growth Present life and health insurance products in a clear and persuasive manner. Match customer requirements with suitable insurance plans, explaining benefits, premiums, and coverage details. Achieve monthly and quarterly sales targets set by the organization. Cross-sell additional insurance products like riders, top-ups, or group policies. Client Relationship Management Develop long-term professional relationships with customers to ensure renewals and referrals. Provide timely support during policy renewals, premium payments, and claim settlements. Address customer concerns, ensuring a positive experience with the company. Build trust by being transparent, ethical, and customer-oriented. Market Research & Strategy Study market trends and customer behavior to identify opportunities for growth. Stay updated on competitor products and pricing strategies. Provide feedback to management on customer needs and potential new product offerings. Contribute ideas for marketing campaigns and promotional activities. Collaboration & Teamwork Coordinate with underwriters, operations, and claim departments for smooth service delivery. Work closely with marketing teams to align sales strategies with campaigns. Share best practices with peers and support new team members in onboarding. Compliance & Documentation Ensure that all sales are carried out as per IRDAI guidelines and company policies. Collect and verify customer documents required for policy issuance. Maintain accurate records of sales, client interactions, and revenue performance. Safeguard sensitive customer information and maintain confidentiality. Skills & Competencies Required Sales & Negotiation Skills Ability to convince customers with strong persuasion techniques. Skilled in closing deals while maintaining professionalism and ethics. Confidence in handling objections and converting rejections into opportunities. Communication & Interpersonal Skills Excellent verbal and written communication. Ability to explain complex insurance concepts in simple terms. Empathetic approach in dealing with customers’ concerns. Business Acumen Understanding of financial planning, life coverage, and healthcare needs. Awareness of insurance products such as term plans, health policies, critical illness covers, and riders. Strong analytical skills to evaluate customer profiles and suggest appropriate products. Organizational & Technical Skills Ability to manage leads, sales pipelines, and reports effectively. Comfortable using CRM tools, MS Office, and digital communication platforms. Strong time management and multi-tasking ability. Personal Attributes Goal-oriented and self-motivated. Resilient and able to thrive under pressure. Ethical, trustworthy, and committed to delivering value to clients.More information about this Business Development Executive JobPlease go through the below FAQs to get all answers related to the given Business Development Executive jobWhat are the job requirements to apply for this Business Development Executive job position? Ans: A candidate must have a minimum of 1 to 3 year experience as an Business Development Executive What is the qualification for this job? Ans: The candidate can be a Graduate from any of the following: Diploma, B.Com, BA, BBA/BBM, BSc, 12th Pass (HSE) What is the hiring Process of this job? Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.This Business Development Executive is a work from home job? Ans: No ,its not a Work from Home Job. How many job vacancies are opening for the Business Development Executive position? Ans: There are immediate 1 job openings for Business Development Executive in our Organisation. Diploma, B.Com, BA, BBA/BBM, BSc, 12th Pass (HSE)