Business Development Manager - Insurance

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

Benefits offered by this job

Hybrid work arrangement

Comprehensive medical aid and pension

Car allowance and travel expenses

Career advancement opportunities

Job summary

Placements24 is seeking a dynamic Business Development Manager to expand insurance market presence in the Eastern Cape. This hybrid role balances remote prospecting with in-person client engagement and broker partnerships.

You will identify new business opportunities, drive revenue growth, and build strong relationships with brokers and corporate clients. A proven sales track record in insurance is essential.

Qualifications

• Minimum of 5 years in business development or sales within the insurance industry.
• Proven track record of meeting or exceeding sales quotas and revenue targets.
• Strong understanding of insurance products and the competitive landscape.
• Excellent negotiation, communication, and presentation skills.

Responsibilities

• Develop and execute strategic plans to achieve sales targets and expand the client base in the assigned territory.
• Identify and pursue new business opportunities through market research, networking, and lead generation.
• Build and maintain strong, long-lasting relationships with key stakeholders, including brokers, agents, and corporate clients.
• Present and articulate the company's insurance solutions and value proposition effectively.
• Negotiate and close deals, ensuring profitable and mutually beneficial agreements.
• Provide market feedback to product development and marketing teams to enhance offerings.

Skills

Negotiation

Communication

Presentation

Networking

Education

Business Administration

Marketing

Job description

About the Role

Our client is seeking a dynamic and results-driven Business Development Manager to expand their market presence in the Eastern Cape region. This hybrid role requires a strategic thinker who can balance remote prospecting with in-person client engagement and partner collaborations. You will be responsible for identifying new business opportunities, building strong relationships with brokers and corporate clients, and driving revenue growth for the company's diverse insurance products. This is a high-impact position for a seasoned sales professional with a passion for the insurance industry and a proven track record of success. Join a thriving team that values initiative, strategic thinking, and customer-centric solutions.

Key Responsibilities

• Develop and execute strategic plans to achieve sales targets and expand the client base in the assigned territory.
• Identify and pursue new business opportunities through market research, networking, and lead generation.
• Build and maintain strong, long-lasting relationships with key stakeholders, including brokers, agents, and corporate clients.
• Present and articulate the company's insurance solutions and value proposition effectively.
• Negotiate and close deals, ensuring profitable and mutually beneficial agreements.
• Provide market feedback to product development and marketing teams to enhance offerings.

Requirements

• Minimum of 5 years of experience in business development or sales within the insurance industry.
• Proven track record of meeting or exceeding sales quotas and revenue targets.
• Strong understanding of insurance products and the competitive landscape.
• Excellent negotiation, communication, and presentation skills.
• Ability to work independently and collaboratively in a hybrid work environment.
• Relevant degree in Business Administration, Marketing, or a related field is preferred.

Benefits

• Generous base salary plus uncapped commission structure.
• Hybrid work arrangement offering flexibility across Port Elizabeth and surrounding areas.
• Comprehensive medical aid and retirement fund contributions.
• Car allowance and travel expenses covered.
• Opportunities for career advancement and professional networking.