Business Development Manager - Insurance

Placements24

Bloemfontein

On-site

ZAR 600,000 - 850,000

Full time

6 days ago
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Benefits offered by this job

Company vehicle
Travel allowance
Medical aid
Retirement fund
Career development opportunities

Job summary

Placements24 is seeking a strategic and results-driven Business Development Manager to drive growth in Bloemfontein's insurance division. You will identify opportunities, form partnerships, and expand market reach through brokers and corporate clients.

The role rewards strong commercial acumen, exceptional networking, and deep understanding of the insurance landscape in the region, with travel within the Bloemfontein area and beyond to fuel revenue growth.

Qualifications

  • Proven experience in business development or strategic sales in financial services or insurance.
  • Proven ability to identify and close new opportunities.
  • Excellent networking, negotiation and communication skills.
  • Strong understanding of the insurance market and products.

Responsibilities

  • Identify and pursue new business opportunities and partnerships in insurance.
  • Develop and implement business development strategies aligned with objectives.
  • Build relationships with brokers, financial advisors and corporate clients.
  • Analyze market trends and customer needs to identify growth areas.
  • Negotiate and finalize partnership agreements and sales contracts.

Skills

Strategic sales
Networking
Negotiation
Insurance knowledge

Job description

About the Role

Our client is seeking a strategic and results-oriented Business Development Manager to drive growth within their insurance division in Bloemfontein . This role focuses on identifying new market opportunities, establishing strategic partnerships, and expanding the company's reach within the regional insurance landscape. You will be responsible for developing and executing business development strategies, managing key relationships with brokers and corporate clients, and contributing to the overall revenue growth of the organization. The ideal candidate possesses strong commercial acumen, excellent networking skills, and a deep understanding of the insurance market dynamics in Bloemfontein and surrounding areas, aiming to foster innovation and market leadership.

Key Responsibilities
  • Identify and pursue new business opportunities and strategic partnerships within the insurance sector.
  • Develop and implement effective business development strategies aligned with company objectives.
  • Build and nurture strong relationships with key stakeholders, including brokers, financial advisors, and corporate clients.
  • Analyze market trends, competitor activities, and customer needs to identify growth areas.
  • Negotiate and finalize partnership agreements and sales contracts.
  • Represent the company at industry events, conferences, and networking functions.
Requirements
  • Proven experience in business development or strategic sales, preferably within the financial services or insurance industry.
  • Demonstrated success in identifying and closing new business opportunities.
  • Excellent networking, negotiation, and communication skills.
  • Strong understanding of the insurance market and product offerings.
  • Ability to travel within the Bloemfontein region and occasionally nationally.
Benefits
  • Highly competitive salary and performance-based bonuses.
  • Company vehicle and travel allowance.
  • Comprehensive medical aid and retirement fund benefits.
  • Significant opportunities for career advancement and professional development.
  • A dynamic and growth-focused work environment.
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