Business Development Manager - Insurance Solutions

Placements24; Southampton; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

Placements24 is seeking a Business Development Manager in the UK to drive growth in the insurance tech space. The role focuses on identifying new business opportunities, building strong client relationships, and closing deals with insurance clients.

The position requires excellent sales acumen, a solid understanding of the insurance industry, and a proven ability to meet sales targets. A hybrid work model is offered to balance client-facing and strategic work.

Qualifications

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Proven track record of success in business development, sales, or related roles.

Responsibilities

• Identify and pursue new business opportunities within the insurance sector, targeting potential clients and partners.
• Develop and implement strategic sales plans to achieve company objectives and sales quotas.
• Build and maintain strong, long-lasting relationships with key decision-makers at prospective and existing client organizations.
• Understand client needs and tailor insurance solution offerings to meet those requirements.
• Prepare and deliver compelling presentations and proposals to potential clients.
• Negotiate contract terms and close sales deals effectively.
• Represent the company at industry events, conferences, and trade shows.
• Collaborate with internal teams (e.g., product development, marketing, customer success) to ensure client satisfaction.
• Monitor market trends and competitor activities to identify opportunities and threats.
• Provide regular reports on sales pipeline, forecasts, and performance to senior management.

Skills

Sales

Relationship building

Education

Bachelor's degree in Business Administration, Marketing, Finance

Job description

About the Role

Our client, a dynamic insurance technology provider, is seeking an ambitious and results-oriented Business Development Manager to drive growth and expand market reach for their innovative insurance solutions. This role, based in the bustling hub of Randburg, Gauteng, will focus on identifying new business opportunities, building strong client relationships, and closing deals within the insurance sector. The ideal candidate will possess excellent sales acumen, a deep understanding of the insurance industry, and a proven ability to achieve sales targets. The hybrid work model allows for flexibility, combining client-facing activities with strategic planning and administrative tasks. Join a forward-thinking company and make a significant impact in the competitive insurance technology market in Randburg .

Key Responsibilities

• Identify and pursue new business opportunities within the insurance sector, targeting potential clients and partners.
• Develop and implement strategic sales plans to achieve company objectives and sales quotas.
• Build and maintain strong, long-lasting relationships with key decision-makers at prospective and existing client organizations.
• Understand client needs and tailor insurance solution offerings to meet those requirements.
• Prepare and deliver compelling presentations and proposals to potential clients.
• Negotiate contract terms and close sales deals effectively.
• Represent the company at industry events, conferences, and trade shows.
• Collaborate with internal teams (e.g., product development, marketing, customer success) to ensure client satisfaction.
• Monitor market trends and competitor activities to identify opportunities and threats.
• Provide regular reports on sales pipeline, forecasts, and performance to senior management.

Requirements

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Proven track record of success in business development, sales, or