Business Development Manager
2 weeks ago
Business Development Manager
Salary: Up to 7 LPA
Location: Bengaluru
Experience in B2B Service Sales is must.
Role Overview
We are looking for a dynamic and result-driven Manager/Sr. Manager – Corporate Health (Individual Contributor Role) to spearhead the sales of Group Medical Cover (GMC) policies to corporate clients. The ideal candidate will have a strong network, excellent communication skills, and prior experience in selling insurance or financial products to businesses.
Key Responsibilities
- Identify, prospect, and generate new corporate leads for Group Health Insurance (GMC) policies.
- Develop and manage relationships with HR heads, CXOs, and decision-makers of target companies.
- Conduct effective sales presentations, product demos, and negotiate policy terms and pricing.
- Collaborate with insurance partners and internal teams to design customized health insurance solutions including OPD benefits, wellness offerings, and value-added services.
- Achieve monthly/quarterly revenue and premium targets.
- Stay updated on market trends, competitor offerings, and regulatory developments.
- Ensure smooth client onboarding, including documentation, policy issuance, and post-sale service.
- Upsell and cross-sell other General Insurance products and OPD services.
Key Requirements
- Graduate/Postgraduate (MBA preferred).
- Excellent communication skills.
- 2–6 years of B2B sales experience, preferably in insurance or financial services.
- Experience in selling Group Health Insurance, GMC, or Employee Benefits is highly desirable.
- Strong business acumen, negotiation, and interpersonal skills.
- Ability to work independently and manage multiple accounts.
- Proficiency in MS Office and CRM tools.
Preferred Skills
- Existing network with corporate HR teams or admin heads.
- Knowledge of IRDAI regulations related to corporate insurance.
- Experience in managing large accounts and renewals.
- Strong understanding of Bengaluru market.
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