Business Development Manager - Insurance

Placements24; Southampton; Hybrid; GBP 31,000 - 49,000; Full time

Benefits offered by this job

Car allowance & travel expenses

Medical & retirement benefits

Professional development

Leadership training

Dynamic work environment

Job summary

Placements24 is seeking a strategic Business Development Manager to drive growth in the insurance sector. The role focuses on identifying opportunities, forming partnerships, and executing growth strategies across Randburg and surrounding areas.

The ideal candidate has at least 5 years in business development or sales within insurance, with strong negotiation and networking skills and proficiency in CRM and MS Office.

Qualifications

• Bachelor's degree in business, marketing or related field.
• Minimum 5 years in business development, sales or partnerships, insurance preferred.
• Proven track record of meeting growth targets and building relationships.
• Strong communication, presentation and networking abilities.

Responsibilities

• Identify and pursue new business opportunities and strategic partnerships within the insurance sector.
• Develop and execute business development strategies to achieve revenue and growth targets.
• Build and maintain relationships with brokers, agents, and corporate clients.
• Analyze market trends and customer needs to inform initiatives.
• Prepare and deliver compelling business proposals and presentations.
• Negotiate and close deals with favorable terms.
• Collaborate with marketing and sales to implement GTM strategies.
• Represent the company at industry events and conferences.

Skills

Strategic thinking

Negotiation

Relationship mgmt

Sales leadership

CRM

Education

Bachelor's degree in Business/Marketing

Tools

CRM software

MS Office

Job description

About the Role Our client is seeking a strategic and results-oriented Business Development Manager to drive growth and expand market reach for their insurance products in Randburg, Gauteng. This role involves identifying new business opportunities, building strategic partnerships, and developing innovative strategies to increase market share. The ideal candidate will have a strong understanding of the insurance landscape, a proven track record in business development, and exceptional networking and negotiation skills. You will be responsible for forging relationships with brokers, corporate clients, and other stakeholders to drive profitable growth. This is a key position within our client's organization, contributing directly to their success in the competitive Gauteng market. We are looking for a proactive leader with a passion for innovation and a commitment to delivering value to clients and the company.

Key Responsibilities

• Identify and pursue new business opportunities and strategic partnerships within the insurance sector.
• Develop and execute business development strategies to achieve revenue and growth targets.
• Build and maintain strong relationships with key stakeholders, including brokers, agents, and corporate clients.
• Analyze market trends, competitor activities, and customer needs to inform business development initiatives.
• Prepare and deliver compelling business proposals and presentations.
• Negotiate and close deals, ensuring favorable terms and conditions.
• Collaborate with marketing and sales teams to develop and implement go-to-market strategies.
• Represent the company at industry events and conferences.

Requirements

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Minimum of 5 years of experience in business development, sales, or strategic partnerships, preferably within the insurance industry.
• Proven track record of achieving business growth targets.
• Strong understanding of the insurance market and its key players.
• Excellent negotiation, communication, and presentation skills.
• Demonstrated ability to build and maintain relationships with senior-level contacts.
• Proficiency in CRM software and MS Office Suite.
• Strategic thinking and problem-solving capabilities.
• Ability to travel as needed within Randburg and surrounding areas.

Benefits

• Competitive base salary plus uncapped commission and performance bonuses.
• Car allowance and travel expenses covered.
• Comprehensive medical and retirement benefits.
• Opportunities for professional development and leadership training.
• Dynamic and collaborative work environment.
• Significant potential for career advancement.
• Access to a strong network and resources.