Business Development Manager
1 week ago
We are seeking an experienced Insurance Sales Representative to join our team at UpGrad. As a Business Development Manager, you will be responsible for cultivating and maintaining strong relationships with bank representatives and staff. Your primary goal will be to collaborate with banking partners to identify opportunities for cross-selling insurance products and work closely with bank clients to understand their insurance needs.
Responsibilities:
- Partnership Development: Foster and maintain strong relationships with bank representatives and staff.
- Cultivate and maintain strong relationships with bank representatives and staff.
- Collaborate with banking partners to identify opportunities for cross-selling insurance products.
- Client Consultation: Work closely with bank clients to understand their insurance needs.
- Provide expert advice on insurance options that align with clients' financial goals.
- Quoting and Proposal Development: Prepare and present insurance quotes to bank clients.
- Cultivate and maintain strong relationships with bank representatives and staff.
- Sales and Closing: Utilize effective sales techniques to secure insurance sales through banking channels.
- Provide support to banking partners in promoting and selling insurance products.
- Market Analysis: Stay informed about market trends and competitor products.
- Collaborate with the marketing team to develop strategies that align with current market demands.
- Documentation and Compliance: Ensure all sales-related documentation complies with regulatory requirements.
- Stay updated on changes in insurance and banking regulations.
Qualifications:
- Excellent interpersonal and communication skills.
- Ability to navigate and coordinate efforts within a banking environment.
- Results-driven with a track record of meeting or exceeding sales targets.
- Familiarity with insurance and banking regulations and compliance requirements.
Benefits:
- Competitive base salary with performance-based incentives.
- Ongoing training and professional development opportunities.
- Opportunities for career advancement within the company.
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