Business Development Manager

Galaxy Health Insurance Company Limited; Coimbatore; Sur place; INR 600 000 - 1 200 000; Plein temps

Résumé du poste

Galaxy Health Insurance Company Limited, based in Coimbatore, is hiring a Business Development Manager to drive growth in health, personal accident, and travel insurance.

The role focuses on identifying opportunities, building partnerships with corporate clients and intermediaries, and achieving sales targets while collaborating with underwriting, marketing, and operations teams to ensure a smooth onboarding of clients.

Qualifications

• Strong business development and sales skills including lead generation and closing deals.
• Experience in relationship management and partnership development within insurance or financial services.
• Knowledge of health insurance products and IRDAI regulations.
• Excellent communication and interpersonal skills to explain complex products clearly.
• Ability to work toward targets in a fast-growing organization.
• Bachelor’s degree in Business, Marketing, Finance, or related field; insurance certifications are an advantage.
• Prior health or general insurance sales experience in Coimbatore or nearby markets is preferred.

Responsabilités

• Identify and develop new business opportunities, build relationships with corporate clients, intermediaries, and distribution partners, and drive sales of health, personal accident, and travel insurance products.
• Prospect and qualify leads, present product solutions, negotiate terms, and close deals aligned with targets.
• Conduct market analysis, track competitors, and contribute to local sales strategies for growth and brand visibility.
• Collaborate with underwriting, marketing, and operations to ensure smooth onboarding and high customer satisfaction.

Connaissances

Lead generation

Pipeline management

Negotiation

Relationship management

Insurance knowledge

Formation

Bachelor’s degree in Business/Marketing/Finance

Description du poste

Company Description

Galaxy Health Insurance Company Limited, formerly known as Galaxy Health and Allied Insurance Company Limited, is an IRDAI-licensed standalone health insurer focused on transforming the Indian insurance landscape. Following its IRDAI license acquisition in March 2024, the company is positioned for rapid growth and innovation in health insurance. Galaxy Health Insurance plans to offer comprehensive Health, Personal Accident, and Travel insurance products designed to address the evolving needs of Indian customers. The organization emphasizes agility, customer-centric solutions, and responsible risk management as it expands its presence. Prospective team members can expect to join a dynamic environment with opportunities to shape new offerings and contribute to long-term market impact.

Role Description

The Business Development Manager is a full-time, on-site role based in Coimbatore. The individual in this role will identify and develop new business opportunities, build and manage relationships with corporate clients, intermediaries, and distribution partners, and drive sales of health, personal accident, and travel insurance products. Day-to-day tasks include prospecting and qualifying leads, presenting product solutions, negotiating commercial terms, and closing deals in line with company targets. The role also involves market analysis, competitor tracking, and contributing to local sales strategies that support growth and brand visibility. The Business Development Manager will collaborate with underwriting, marketing, and operations teams to ensure smooth onboarding of clients and high levels of customer satisfaction.

Qualifications

• Strong business development and sales skills, including lead generation, pipeline management, negotiation, and deal closure.
• Experience in relationship management, stakeholder engagement, and partnership development within insurance or financial services.
• Knowledge of health insurance products, regulatory environment (IRDAI), and basic risk and pricing concepts is highly beneficial.
• Excellent communication, presentation, and interpersonal skills, with the ability to explain complex products in a clear and customer-friendly
• Proven ability to work towards targets, prioritize multiple opportunities, and operate effectively in a fast-growing, evolving organization.
• Bachelor’s degree in Business, Marketing, Finance, or a related field; a postgraduate qualification or relevant certifications in insurance are an advantage.
• Prior experience in health insurance or general insurance sales in the Coimbatore region or nearby markets is preferred.