Insurance Business Development Manager

Placements24; Riverton (UT); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Commission and bonus

Career advancement opportunities

Comprehensive health and retirement

Hybrid work arrangement

Job summary

Placements24 is seeking a strategic Insurance Business Development Manager to drive growth from a hybrid work setup. You will identify new business opportunities, build partnerships with brokers and corporate clients, and shape expansion across target markets.

The ideal candidate has 8+ years in insurance business development or sales leadership, a related Bachelor's degree, and proven skills in negotiation, communication and presenting. Travel to meet clients and industry events is required.

Qualifications

• Bachelor's degree in a related field is required.
• 8+ years in BD or sales leadership within insurance.
• Strong knowledge of insurance products, market dynamics, and competitive landscape.
• Excellent communication and presentation abilities.

Responsibilities

• Develop and implement effective business development strategies to achieve sales and growth targets.
• Identify and pursue new business opportunities, partnerships, and market segments within the insurance sector.
• Build and maintain strong relationships with key clients, brokers, and industry influencers.
• Negotiate and close complex deals, ensuring favorable terms and conditions for the company.
• Represent the company at industry events, conferences, and networking functions.
• Collaborate with internal teams, including sales, marketing, and product development, to support business growth initiatives.

Skills

Networking skills

Negotiation

Communication

Presentation skills

Education

Bachelor's degree in Business Administration, Marketing, Finance

Job description

About the Role

Our client is seeking a strategic and proactive Insurance Business Development Manager to drive growth and expand market reach from their Upington office. This role focuses on identifying new business opportunities, building strategic partnerships, and cultivating strong relationships with key stakeholders, including brokers and corporate clients. You will be responsible for developing and executing business development strategies that align with the company's overall growth objectives. The ideal candidate possesses a deep understanding of the insurance market, excellent networking skills, and a proven ability to close deals and foster long-term business relationships. This is a key role for someone passionate about driving commercial success in the insurance sector.

Key Responsibilities

• Develop and implement effective business development strategies to achieve sales and growth targets.
• Identify and pursue new business opportunities, partnerships, and market segments within the insurance sector.
• Build and maintain strong relationships with key clients, brokers, and industry influencers.
• Negotiate and close complex deals, ensuring favorable terms and conditions for the company.
• Represent the company at industry events, conferences, and networking functions.
• Collaborate with internal teams, including sales, marketing, and product development, to support business growth initiatives.

Requirements

• A Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Minimum of 8 years of experience in business development or sales leadership within the insurance industry . Proven track record of successfully driving revenue growth and developing strategic partnerships.
• Excellent understanding of insurance products, market dynamics, and competitive landscape.
• Strong negotiation, communication, and presentation skills.
• Ability to travel as required to meet with clients and attend industry events.

Benefits

• Highly competitive salary with an attractive commission and bonus structure.
• Opportunities for significant career advancement within a growing organization.
• Comprehensive health and retirement benefits.
• A dynamic and collaborative work environment that rewards initiative and results.
• Hybrid work arrangement offering flexibility.