Invoq Loop Insurance Brokers is looking for a Business Development Executive in Mumbai, India. The candidate should have a Bachelor’s degree in a quantitative field and at least 2 years of experience in account management or business development. Responsibilities include acquiring new relationships with insurers, negotiating better pricing, and contributing to sales strategies. The role requires strong negotiation skills, attention to detail, and fluency in English and Hindi, with an excitement for travel and networking.
Qualifications
Minimum 2 years of experience in account management or business development roles.
Experience in operational roles in high-growth startups is a big plus.
Excited to travel and build relationships.
Responsibilities
Seek and acquire new working relationships with Insurers.
Travel to underwriting offices to develop partner relationships.
Analyze and identify gaps in existing quote requests.
Skills
Negotiation skills
Attention to detail
Fluency in English
Fluency in Hindi
Familiarity with G Suite
Familiarity with Microsoft Office
Education
Bachelor’s degree in a quantitative field
Tools
Microsoft Excel
Job description
Responsibilities
Seek and acquire new working relationships with Insurer main office & their associated branches
Travel to underwriting offices to develop partner relationships and drive better prices on EB products
Analyze and identify gaps in existing quote requests to optimize pricing on large insurance deals
Suggest better terms and negotiate with insurers directly to support our placements analysts
Contribute to our overall Sales & Growth engagement strategy with Insurers and TPAs
Interact with the Sales and retention team, help analyze claims, policies, and negotiate better quotes from insurers
Contribute to special projects with Sales Head, Pricing Head, CEO, CRO, and COO
Share pricing insights and best practices with teammates
What we are looking for:
Bachelor’s degree in a quantitative field(Preferably engineers) and min 2+ years of experience in account management/client management/business development roles
Experience in operational/business development roles in high growth startups a big plus
Strong negotiation skills & attention to detail
Familiarity with G Suite and Microsoft office, including Excel
Fluency in English, Hindi &/or other relevant regional languages
Excited to travel, meet people, and build life-long relationships
Strong ownership mindset along with a hunger to learn and iterate