BUSINESS DEVELOPMENT MANAGER

Peerless Financial Products Distribution Ltd.; Warangal; On-site; INR 300,000 - 400,000; Full time

Benefits offered by this job

Statutory Benefits: PF & ESI

Statutory Bonus

Group Medical Cover

Group Term Insurance

Mobile & Conveyance Allowance

Job summary

A financial services company in Warangal is seeking a Business Development Manager to drive growth through the Agency Channel. The role involves recruiting, developing, and managing agents while achieving sales targets. Candidates should have a graduate degree and 1-3 years of experience in business development or channel sales, with a preference for local candidates. Attractive CTC and benefits are offered, including insurance and allowances.

Qualifications

• 1-3 years of experience in business development or channel sales.
• Prior experience in handling Agency / Intermediary Channel is mandatory.
• Local candidate preferred.

Responsibilities

• Drive business growth through the Agency Channel by recruiting, developing, and managing agents.
• Identify and onboard new agents to expand market reach and revenue.
• Achieve assigned sales targets and revenue goals.

Skills

Business development

Channel management

Communication skills

Negotiation skills

Analytical skills

Problem-solving

MS Excel

PowerPoint

CRM tools

Education

Graduate

Job description

Drive business growth through the Agency Channel by recruiting, developing, and managing agents.

Key Roles & Responsibilities

• Drive business growth through the Agency Channel by recruiting, developing, and managing agents.
• Identify and onboard new agents to expand market reach and revenue.
• Build strong, long‑term relationships with agents to ensure sustained business performance.
• Achieve assigned sales targets, revenue goals, and productivity metrics for the agency channel.
• Plan and execute channel development strategies in line with organizational objectives.
• Conduct regular meetings, training programs, and engagement activities for agents.
• Monitor agent performance and provide continuous guidance, coaching, and motivation.
• Support agents with product knowledge, sales tools, and marketing initiatives.
• Track market trends, competitor activities, and customer feedback to identify new opportunities.
• Ensure compliance with company policies, regulatory guidelines, and internal processes.
• Prepare and submit periodic MIS reports on agency performance, pipeline, and closures.
• Coordinate with internal teams (Operations, Underwriting, Finance, HR) for smooth business execution.

Key Performance Indicators

• Agent onboarding and activation
• Revenue and target achievement
• Agent productivity and retention
• Market expansion and penetration

Requirements

Key Skills & Competencies

• Strong business development and channel management skills
• Excellent communication, negotiation, and interpersonal abilities
• Result‑oriented with strong analytical and problem‑solving skills
• Ability to manage multiple agents
• Proficiency in MS Excel, PowerPoint, and CRM tools

Qualifications & Experience

• Graduate
• 1–3 years of experience in business development or channel sales
• Prior experience in handling Agency / Intermediary Channel is mandatory
• Local Candidate Preferred

Benefits

• CTC: ₹3.0 – ₹4.0 LPA
• Statutory Benefits: PF & ESI, as per applicability
• Bonus: Statutory Bonus
• Insurance Benefits: Group Medical Cover (GMC) & Group Term Insurance (GTI), as per policy
• Mobile & Conveyance: Reimbursement / allowance as per company norms