Senior Business Development Manager- General Insurance (225-1014)

The Senior Business Development Manager for General Insurance plays a pivotal role in driving growth and expanding market share for a company within the insurance industry. This role is ideal for a seasoned professional with a deep understanding of general insurance products, market dynamics, and sales strategies. As a Senior Business Development Manager, you will be responsible for identifying new business opportunities, forging strategic partnerships, and fostering long-term relationships with clients. You will be expected to harness your expertise to craft proposals, negotiate terms, and secure deals that align with the company's growth objectives. Your leadership and strategic insights will be crucial in steering the business towards sustained profitability and competitive advantage.

Responsibilities

• Develop and implement business development strategies to achieve company sales targets.
• Identify and pursue new business opportunities within the general insurance sector.
• Build and maintain strong relationships with clients and stakeholders.
• Collaborate with cross-functional teams to create compelling insurance propositions.
• Conduct market research to stay informed on industry trends and competitor activities.
• Lead negotiations and close complex deals with key clients and partners.
• Prepare and deliver engaging presentations and proposals to prospects and clients.
• Manage and nurture a high-performance sales team, providing coaching and guidance.
• Monitor and report on sales metrics and adjust strategies as needed for growth.
• Organize and participate in industry events and conferences to enhance brand visibility.
• Ensure compliance with industry regulations and company policies in all business dealings.
• Collaborate with the marketing team to develop promotional campaigns and materials.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• Minimum of 7 years of experience in business development within general insurance.
• Proven track record of achieving sales targets and driving business growth.
• Strong understanding of general insurance products and market trends.
• Excellent interpersonal and communication skills, both verbal and written.
• Ability to build and maintain beneficial relationships with clients and stakeholders.
• Strong analytical and problem-solving skills with a strategic mindset.
• Ability to lead and inspire a team, fostering a high-performance culture.
• Proficiency in using CRM software and sales-related technology tools.