Business Development Manager - Corporate Insurance

Placements24; Welkom; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive base salary

Commission and bonus

Medical aid

Retirement fund

Career development

Travel allowance

Hybrid work

Job summary

Placements24 in Welkom, Free State, is seeking a Business Development Manager to identify and pursue corporate insurance opportunities, build relationships with decision-makers, and tailor insurance solutions to client needs.

The ideal candidate will have a proven sales track record in corporate insurance (Property, Liability, Marine, D&O), strong negotiation and presentation skills, and the ability to work autonomously in a hybrid environment with regional travel.

Qualifications

• Minimum 5 years in business development or sales in corporate insurance.
• Proven track record of achieving sales targets and developing new business.
• Knowledge of corporate insurance products (Property, Liability, Marine, D&O).
• Excellent negotiation, communication and presentation skills.

Responsibilities

• Identify and develop new business opportunities within the corporate insurance market.
• Build and maintain strong relationships with key decision-makers at prospective client companies.
• Conduct needs analyses to understand client requirements and risks.
• Develop and present customized insurance proposals and solutions.
• Negotiate contract terms and close deals to meet or exceed sales targets.
• Collaborate with underwriting and claims teams to ensure seamless service delivery.
• Stay informed about market trends, competitor activities, and regulatory changes impacting corporate insurance.
• Represent the company at industry events, conferences, and networking functions.
• Provide market feedback to internal teams to inform product development and strategy.
• Achieve and exceed assigned sales quotas and business development objectives.

Skills

Negotiation

Communication

Presentation

CRM software

Networking

Education

Bachelor's degree in Business/Marketing/Finance

Tools

CRM software

Sales tools

Job description

Business Development Manager - Corporate Insurance

9320, Free State Placements24

Posted today

full-time

About the Role Our client, a distinguished provider of corporate insurance solutions, is seeking an ambitious and results-driven Business Development Manager to join their team in Welkom, Free State . This role is pivotal in identifying and pursuing new business opportunities within the corporate sector, forging strong relationships with potential clients, and expanding our client's market share. The Business Development Manager will be responsible for developing and implementing strategic sales plans, understanding client needs, and crafting tailored insurance solutions. The ideal candidate will possess excellent negotiation skills, a deep understanding of corporate insurance products, and a proven track record in business development and sales. This is an exciting opportunity to contribute to the growth of a respected insurance firm in Welkom , driving revenue and building lasting partnerships. We are looking for a dynamic professional who thrives in a target-oriented environment and is passionate about delivering value to corporate clients. Join us and play a key role in shaping our client's commercial success in the Free State region.

Key Responsibilities

• Identify and develop new business opportunities within the corporate insurance market.
• Build and maintain strong relationships with key decision-makers at prospective client companies.
• Conduct needs analyses to understand client requirements and risks.
• Develop and present customized insurance proposals and solutions.
• Negotiate contract terms and close deals to meet or exceed sales targets.
• Collaborate with underwriting and claims teams to ensure seamless service delivery.
• Stay informed about market trends, competitor activities, and regulatory changes impacting corporate insurance.
• Represent the company at industry events, conferences, and networking functions.
• Provide market feedback to internal teams to inform product development and strategy.
• Achieve and exceed assigned sales quotas and business development objectives.

Requirements

• A relevant degree in Business, Marketing, Finance, or a related field.
• Minimum of 5 years of experience in business development, sales, or a related role within the corporate insurance sector.
• Proven track record of achieving sales targets and developing new business relationships.
• In-depth knowledge of corporate insurance products and services (e.g., Property, Liability, Marine, Directors & Officers).
• Excellent negotiation, communication, and presentation skills.
• Strong networking and relationship-building capabilities.
• Ability to analyze client needs and develop tailored solutions.
• Proficiency in CRM software and sales management tools.
• Self-motivated, results-oriented, and able to work independently.
• A valid driver's license and willingness to travel within the designated region.

Benefits

• Competitive base salary plus an attractive commission and bonus structure.
• Comprehensive medical aid, retirement fund, and other employee benefits.
• Opportunities for career advancement and professional development.
• A dynamic and supportive work environment in Welkom .
• Generous travel allowance and other business-related expenses covered.
• Potential for hybrid work arrangements depending on business needs.