The Business Development Manager (Insurance) is responsible for leading and managing the sales function, driving revenue growth, and expanding market presence. This role involves developing strategic relationships across corporate, SME, and retail segments while ensuring high-quality service delivery.
Key Responsibilities
Sales & Business Development
Develop and implement sales strategies to achieve and exceed revenue targets.
Identify and pursue new business opportunities across corporate, SME, and retail markets.
Build strong relationships with businesses, institutions, and individual clients.
Prepare and present tailored insurance proposals and solutions.
Team Leadership
Lead, mentor, and motivate the sales team to achieve performance goals.
Conduct regular performance reviews and coaching sessions.
Client & Portfolio Management
Oversee client onboarding, renewals, and retention strategies.
Ensure high service standards and resolve client escalations effectively.
Reporting & Compliance
Prepare accurate sales forecasts, reports, and pipeline updates.
Ensure compliance with regulatory requirements and internal policies.
Requirements
Experience:
Minimum 5 years’ experience in insurance sales or brokerage, with leadership exposure.
Proven success in achieving sales targets and managing client portfolios.
Academic Qualifications:
Bachelor’s degree in Business, Insurance, Finance, or a related field.
Professional insurance certifications (e.g., DIP (IIK) ACII/CII) are an added advantage.