Senior Insurance Business Development Manager

9 hours ago


Bengaluru, Karnataka, India Anand Rathi Insurance Brokers Ltd Full time
About the Role

We are seeking a skilled Senior Insurance Business Development Manager to join our team at Anand Rathi Insurance Brokers Ltd. This is an excellent opportunity for a results-driven professional to drive business growth and expand our corporate sales portfolio.

Key Responsibilities
  • Client Relationship Management:
    • Build and maintain strong relationships with corporate clients by understanding their insurance needs and offering tailored solutions.
    • Act as the main point of contact for clients, ensuring timely responses to inquiries and concerns.
  • Sales Target Achievement:
    • Set and achieve ambitious sales targets by identifying new business opportunities and upselling to existing corporate clients.
    • Develop and implement effective sales strategies to drive revenue growth and meet business objectives.
  • Market Analysis and Prospecting:
    • Conduct market research to identify potential corporate clients and market trends relevant to the insurance industry.
    • Prospect new clients, analyze their risk profiles, and create compelling insurance proposals tailored to their needs.
  • Policy Presentation and Negotiation:
    • Deliver persuasive presentations to clients, explaining insurance solutions and negotiating policy terms and conditions to secure deals.
    • Collaborate with underwriters and insurers to negotiate favorable terms on behalf of clients.
  • Documentation and Compliance:
    • Ensure accurate and complete documentation of policies, contracts, and client information in compliance with company policies and regulatory requirements.
    • Adhere to all legal and compliance standards while handling client transactions and business operations.
Requirements

To succeed in this role, you will need:

  • A deep understanding of the insurance industry and its dynamics.
  • Excellent communication and interpersonal skills.
  • The ability to build strong relationships with clients and stakeholders.
  • A proven track record of achieving sales targets and driving business growth.
  • Strong analytical and problem-solving skills.
Compensation Package

We offer a competitive compensation package, including:

  • A salary range of ₹60,000 - ₹80,000 per month.
  • A performance-based bonus structure.
  • A comprehensive benefits package, including health insurance and retirement plans.


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