Business Development Manager - Corporate Insurance

Placements24; Vereeniging; Hybrid; ZAR 800,000 - 1,200,000; Full time

Benefits offered by this job

Commission incentives

Company car

Travel allowance

Health insurance

Pension plan

Training opportunities

Job summary

Placements24 seeks a seasoned Business Development Manager to drive growth in the corporate insurance sector from Vereeniging, Gauteng. You will identify, pursue, and secure new corporate clients, building relationships with C-suite executives and risk managers.

You will develop sales strategies, present solutions, and coordinate with underwriting and claims teams to deliver comprehensive coverage. A proven track record in corporate sales and travel readiness are essential.

Qualifications

• Bachelor's degree in business, finance, marketing or related discipline.
• Minimum of 6 years of proven experience in business development or corporate sales.
• Demonstrated success in acquiring and managing large corporate accounts.
• Proficiency with CRM software and Microsoft Office Suite.
• Willingness to travel within Gauteng and beyond as needed.
• Based in or willing to relocate to Vereeniging.

Responsibilities

• Develop and implement business development strategies to acquire new corporate clients in commercial insurance.
• Identify and prospect potential clients, engaging C-suite and risk managers.
• Understand client needs and tailor insurance solutions accordingly.
• Prepare and deliver presentations and proposals to prospective clients.
• Negotiate terms, pricing, and conditions to secure profitable business.
• Manage the end‑to‑end sales cycle from lead to close.
• Collaborate with underwriting, claims, and service teams for onboarding and satisfaction.
• Monitor market trends to identify opportunities and threats.
• Aim to exceed regional sales targets and revenue growth.
• Represent the company at industry events and conferences.

Skills

Sales strategy

Negotiation

Relationship management

Presentation skills

Education

Bachelor's degree in Business/Finance/Marketing

Tools

CRM software

Microsoft Office

Job description

About the Role

Our client, a leading international insurer, is seeking an ambitious and experienced Business Development Manager to drive growth within their Corporate Insurance division, based in Vereeniging . This strategic role focuses on identifying, developing, and securing new corporate clients, building strong relationships with key decision-makers, and expanding market share within Gauteng . The ideal candidate will possess a deep understanding of the corporate insurance landscape, exceptional sales and negotiation skills, and a proven ability to deliver revenue growth. You will be responsible for developing and executing strategic sales plans, managing the sales pipeline, and collaborating with underwriting and claims teams to provide comprehensive solutions.

Key Responsibilities

• Develop and implement effective business development strategies to acquire new corporate clients in the commercial insurance sector.
• Identify and prospect potential clients, building relationships with C-suite executives and risk managers.
• Understand the unique insurance needs and risk profiles of corporate clients and tailor solutions accordingly.
• Prepare and deliver compelling presentations and proposals to prospective clients.
• Negotiate terms, conditions, and pricing with clients to secure profitable business.
• Manage the entire sales cycle from lead generation to closing deals.
• Collaborate closely with underwriting, claims, and service teams to ensure seamless client onboarding and ongoing satisfaction.
• Monitor market trends, competitor activities, and regulatory changes to identify new opportunities and threats.
• Achieve and exceed ambitious sales targets and revenue growth objectives for the region.
• Represent the company at industry events, conferences, and networking functions.

Requirements

• Bachelor's degree in Business, Finance, Marketing, or a related discipline.
• Minimum of 6 years of proven experience in business development or corporate sales, preferably within the insurance or financial services industry.
• Demonstrated success in acquiring and managing large corporate accounts.
• Strong understanding of corporate insurance products (e.g., Property, Liability, Marine, Financial Lines).
• Exceptional sales, negotiation, and presentation skills.
• Excellent interpersonal and relationship-building abilities.
• Strategic thinking and ability to develop effective sales plans.
• Proficiency in CRM software and Microsoft Office Suite.
• Must be willing to travel within the Gauteng region and occasionally beyond.
• Must be based in or willing to relocate to Vereeniging .

Benefits

• Highly competitive salary and generous commission structure.
• Comprehensive health, life, and disability insurance.
• Pension fund and other retirement benefits.
• Significant opportunities for professional development and international training.Company car and travel allowance.
• Access to a broad range of innovative insurance products and solutions.
• A challenging and rewarding career opportunity in a leading global firm located in Vereeniging .