Senior Business Development Officer
3 days ago
We are seeking a Senior Business Development Officer to join our team and drive sales of our General Insurance products through an agency channel. The successful candidate will have a strong understanding of the insurance industry, excellent leadership and communication skills, and a proven track record of achieving sales targets.
About the Role:The Senior Business Development Officer will be responsible for developing and implementing effective sales strategies to achieve the branch's sales objectives. This includes monitoring market trends and competitor activities, collaborating with other departments, and building strong relationships with key stakeholders.
Key Responsibilities:- Business Development:
- Develop and implement effective sales strategies to achieve the branch's sales objectives.
- Monitor market trends and competitor activities to identify new opportunities and adjust sales strategies accordingly.
- Collaborate with the underwriting, claims, and operations departments to ensure smooth and efficient processes.
- Build strong relationships with key stakeholders, including agents, brokers, and customers.
- Team Management:
- Recruit, hire, and onboard high-performing USMs.
- Provide ongoing training and development to the team to enhance their product knowledge, sales skills, and customer service abilities.
- Set clear performance expectations and monitor team performance closely.
- Conduct regular team meetings to communicate company goals, strategies, and updates.
- Operational Excellence:
- Evaluate compliance with all regulatory requirements and company policies and procedures.
- Manage the branch's operational expenses to optimize costs.
- Implement effective systems and processes to streamline workflows and improve efficiency.
The ideal candidate will possess a postgraduate degree from a recognized university and have 3-5 years of experience in team management, preferably in the insurance industry. Strong knowledge of General Insurance products and industry regulations is essential, as well as excellent leadership, communication, and interpersonal skills. A proven track record of achieving sales targets and building high-performing teams is also required.
Salary and Benefits:Our offer includes an estimated salary of ₹30 lakhs per annum, commensurate with experience. Additional benefits include a comprehensive health insurance plan, paid time off, and opportunities for professional growth and development.
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