Business Development Manager - Insurance

Placements24; Windsor Park (TN); Hybrid; USD 65,000 - 100,000; Full time

Benefits offered by this job

Base salary + commission

Medical aid

Retirement fund

Career advancement

East London growth

Job summary

Placements24 is seeking a dynamic Business Development Manager to drive growth for insurance products in East London. You will identify opportunities, build strategic partnerships, and expand market share while coordinating with underwriting, marketing, and claims teams to ensure smooth onboarding and service delivery.

The role emphasizes strategic planning, stakeholder engagement, and closing complex deals to achieve profitability targets in a growth-focused environment.

Qualifications

• Proven track record in business development, sales, or a related role within the insurance industry.
• Strong understanding of insurance products, market dynamics, and sales strategies.
• Excellent negotiation, communication, and presentation skills.
• Demonstrated ability to identify and capitalize on new business opportunities.
• Bachelor's degree in Business Administration, Marketing, or a related field is preferred.

Responsibilities

• Develop and implement strategic plans to achieve profitable sales growth in the assigned territory.
• Identify and cultivate new business opportunities through market research and networking.
• Build and maintain strong relationships with key stakeholders, brokers, and potential clients.
• Negotiate and close complex deals, ensuring alignment with company objectives and profitability targets.
• Analyze market trends and competitor activities to identify opportunities and threats.
• Collaborate with internal teams (underwriting, marketing, claims) to ensure successful client onboarding and service delivery.

Skills

Sales experience

Negotiation

Communication

Presentation

Education

Bachelor's degree in Business Administration or Marketing

Job description

About the Role

Our client is looking for a dynamic and strategic Business Development Manager to drive growth for their insurance products and services in East London . This role focuses on identifying new business opportunities, building strategic partnerships, and expanding the company's market share. You will leverage your industry knowledge and sales acumen to develop and execute effective growth strategies. This position offers the chance to make a significant impact on the company's expansion and success.

Key Responsibilities

• Develop and implement strategic plans to achieve profitable sales growth in the assigned territory.
• Identify and cultivate new business opportunities through market research and networking.
• Build and maintain strong relationships with key stakeholders, brokers, and potential clients.
• Negotiate and close complex deals, ensuring alignment with company objectives and profitability targets.
• Analyze market trends and competitor activities to identify opportunities and threats.
• Collaborate with internal teams (underwriting, marketing, claims) to ensure successful client onboarding and service delivery.

Requirements

• Proven track record in business development, sales, or a related role within the insurance industry .
• Strong understanding of insurance products, market dynamics, and sales strategies.
• Excellent negotiation, communication, and presentation skills.
• Demonstrated ability to identify and capitalize on new business opportunities.
• Bachelor's degree in Business Administration, Marketing, or a related field is preferred.

Benefits

• Competitive base salary with a generous commission and bonus structure.
• Comprehensive medical aid and retirement fund.
• Opportunities for career advancement and leadership development.
• Dynamic and growth-oriented work environment in East London .
• Travel allowances and expenses covered.