Business Development Manager: General Insurance

Policy Manthan Insurance Broking Private Limited; Thane; On-site; INR 600,000 - 900,000; Full time

Job summary

Policy Manthan Insurance Broking Private Limited in Thane seeks a Business Development Manager for General Insurance to drive new client acquisition and revenue growth. You will lead meetings, assess risk profiles, and propose suitable general insurance solutions for corporate and retail clients.

The role requires building strong insurer partnerships for quotations and policy placement, managing renewals, and maintaining sales pipelines in a target-driven, on-site environment in Thane.

Qualifications

• Bachelor’s degree in business, finance, insurance, or a related field.
• IRDAI broker training is an advantage.
• Experience in general insurance broking or corporate insurance sales preferred.

Responsibilities

• Identify and acquire new corporate and retail general insurance clients.
• Build and maintain strong client relationships and drive revenue growth.
• Coordinate with insurer partners for quotations, negotiations, and policy placement.
• Oversee renewals, endorsements, and client servicing.
• Maintain accurate sales pipelines and contribute to strategic market initiatives.

Skills

Lead generation

Negotiation

Client relationships

Policy placement

General insurance knowledge

Education

Bachelor's in business/finance/insurance

IRDAI broker training

Tools

CRM systems

MS Office

Job description

Company Description Policy Manthan Insurance Broking Private Limited is a dynamic General and Life Insurance Broking firm focused on delivering customized, transparent insurance solutions to businesses and individuals. The organization specializes in comprehensive risk protection through expert advisory services and partnerships with trusted insurers. With a strong emphasis on client needs, portfolio optimization, and end-to-end policy management, Policy Manthan ensures appropriate coverage and value. The team is driven by integrity, innovation, and a passion for simplifying insurance decisions, making insurance more accessible, efficient, and meaningful. Policy Manthan operates from its registered office in Thane, Maharashtra, under IRDAI Registration No. 1108, valid through November 2028.

Role Description The Business Development Manager: General Insurance is a full-time, on-site role based in Thane. This position is responsible for identifying and acquiring new corporate and retail clients for general insurance products, building and maintaining strong relationships, and driving revenue growth. Day-to-day tasks include prospecting leads, conducting client meetings, understanding client risk profiles, and recommending suitable general insurance solutions. The role involves coordinating with insurer partners for quotations, negotiations, and policy placement, as well as overseeing renewals, endorsements, and client servicing. The Business Development Manager will collaborate with internal teams on proposals, maintain accurate sales pipelines and reports, and contribute to strategic initiatives that expand market presence.

Qualifications

• Strong business development and sales skills, including lead generation, negotiation, and closing, specifically within general insurance.
• Solid understanding of general insurance products (e.g., health, motor, property, liability) and risk assessment for corporate and retail clients.
• Client relationship management abilities, with competence in stakeholder communication, presentation, and solution-based consulting.
• Analytical and organizational skills for preparing proposals, managing pipelines, and handling documentation and compliance.
• Bachelor’s degree in business, finance, insurance, or a related field; relevant insurance certifications or IRDAI broker training are an advantage.
• Previous experience in general insurance broking, underwriting, or corporate insurance sales is highly beneficial.
• Comfort working in an on-site, target-driven environment in Thane, with adaptability, integrity, and a customer-centric approach.