Insurance Business Development Specialist

11 hours ago


Hyderabad, Telangana, India Anand Rathi Insurance Brokers Ltd Full time

Company Overview:

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Anand Rathi Insurance Brokers Ltd is a renowned insurance brokerage firm committed to delivering exceptional insurance solutions to its corporate clients. With a strong focus on building long-term relationships and understanding client needs, we strive to drive business growth through innovative insurance strategies.

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Salary:

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The successful candidate can expect a competitive salary in the range of ₹25 lakhs to ₹40 lakhs per annum, depending on experience.

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Job Description:

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As an Insurance Business Development Specialist at Anand Rathi Insurance Brokers Ltd, you will play a pivotal role in driving business growth by actively engaging with corporate clients, understanding their risk profiles, and offering tailored insurance solutions that align with their business objectives.

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Key Responsibilities:

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  • Client Relationship Management:

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    You will build and maintain strong relationships with corporate clients by understanding their insurance needs and offering customized solutions.

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    Act as the primary point of contact for clients, ensuring timely responses to inquiries and concerns.

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  • Sales Target Achievement:

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    You will set and achieve ambitious sales targets by identifying new business opportunities and upselling to existing corporate clients.

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    Develop and implement effective sales strategies to drive revenue growth and meet business objectives.

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  • Market Analysis and Prospecting:

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    You will conduct market research to identify potential corporate clients and market trends relevant to the insurance industry.

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    Prospect new clients, analyze their risk profiles, and create compelling insurance proposals tailored to their needs.

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  • Policy Presentation and Negotiation:

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    You will deliver persuasive presentations to clients, explaining insurance solutions and negotiating policy terms and conditions to secure deals.

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    Collaborate with underwriters and insurers to negotiate favorable terms on behalf of clients.

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  • Documentation and Compliance:

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    You will ensure accurate and complete documentation of policies, contracts, and client information in compliance with company policies and regulatory requirements.

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    Adhere to all legal and compliance standards while handling client transactions and business operations.

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Required Skills and Qualifications:

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To be successful in this role, you should possess:

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  • A Bachelor's degree in a relevant field such as finance, marketing, or business administration.

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  • At least 3-5 years of experience in insurance sales or a related field.

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  • Strong communication and interpersonal skills.

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  • Ability to work in a team environment and collaborate with cross-functional teams.

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  • Proficiency in MS Office and other productivity tools.

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Benefits:

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We offer a comprehensive benefits package, including:

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  • A competitive salary and bonus structure.

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  • Ongoing training and development opportunities.

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  • A dynamic and supportive work environment.

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  • Access to a wide range of employee benefits, including health insurance, retirement plans, and more.

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How to Apply:

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If you are a motivated and results-driven individual looking to take your career to the next level, please submit your resume and a cover letter outlining your experience and qualifications.

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We thank all applicants for their interest; however, only those selected for an interview will be contacted.

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Language: en



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