Business Development Manager - Insurance

Placements24; Klerksdorp; On-site; ZAR 520,000 - 780,000; Full time

Benefits offered by this job

Competitive commission and salary

Medical aid

Retirement fund

Performance bonuses

Travel allowances

Job summary

Placements24 in your region is seeking a proactive Business Development Manager to drive growth in the insurance portfolio from Klerksdorp, North West. You will identify opportunities, cultivate broker and corporate client relationships, and close deals to exceed sales targets in a competitive market.

The role offers autonomous leadership, a strong commission structure, and a comprehensive benefits package including medical aid and retirement fund, with travel within Klerksdorp, North West and

Qualifications

• Bachelor’s degree in Business Administration, Marketing, Finance, or related field.
• Minimum of 5 years in business development, sales, or account management, preferably in insurance.
• Proven track record of meeting/exceeding sales targets.

Responsibilities

• Develop and execute strategic business development plans to achieve sales goals.
• Identify and pursue new leads in commercial and personal insurance sectors.
• Build and maintain relationships with brokers, agents, and corporate clients.
• Present and sell the company’s range of insurance products and services.
• Conduct market research and competitive analysis to identify trends.
• Negotiate terms and close deals to meet/exceed targets.
• Represent the company at industry events and networking functions.
• Collaborate with marketing and product teams to tailor offerings.
• Provide market feedback to inform strategic planning.
• Manage the sales pipeline and report on sales activities and forecasts.

Skills

Business development

Sales

Negotiation

Networking

CRM

Presentation

Education

Bachelor's degree (BA/Business)/related field

Tools

CRM software

Job description

About the Role

Our client, a leading force in the insurance industry, is seeking an ambitious and results-driven Business Development Manager to spearhead growth initiatives in Klerksdorp, North West . This strategic role focuses on identifying new business opportunities, cultivating strong relationships with brokers and corporate clients, and driving sales of the company's diverse insurance products. The ideal candidate will possess exceptional networking skills, a deep understanding of the insurance market, and a proven ability to exceed sales targets. You will be instrumental in expanding market share and reinforcing our client's position as a preferred insurance partner. This is a high-impact position offering significant autonomy and the chance to shape the future growth trajectory of the company in the region. We are looking for a proactive leader who thrives in a competitive sales environment.

Key Responsibilities

• Develop and execute strategic business development plans to achieve company sales goals.
• Identify and pursue new leads and opportunities within the commercial and personal insurance sectors.
• Build and maintain strong, long-lasting relationships with key stakeholders, including brokers, agents, and corporate clients.
• Present and sell the company's range of insurance products and services effectively.
• Conduct market research and competitive analysis to identify emerging trends and opportunities.
• Negotiate terms and close deals to meet or exceed sales targets.
• Represent the company at industry events, conferences, and networking functions.
• Collaborate with marketing and product development teams to tailor offerings to market needs.
• Provide market feedback to management to inform strategic planning.
• Manage the sales pipeline and report on sales activities and forecasts.

Requirements

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Minimum of 5 years of proven experience in business development, sales, or account management, preferably within the insurance sector.
• Demonstrated track record of successfully meeting and exceeding sales targets.
• Excellent understanding of insurance products, markets, and sales processes.
• Exceptional networking, negotiation, and presentation skills.
• Strong strategic thinking and planning abilities.
• Proficiency in CRM software and MS Office Suite.
• Ability to work independently, with a high degree of self-motivation and drive.
• Excellent communication and interpersonal skills.
• A valid driver's license and willingness to travel within the assigned territory in Klerksdorp, North West and surrounding areas.

Benefits

• Our client offers a highly competitive salary with an attractive commission structure, uncapped earning potential, and a comprehensive benefits package including medical aid, retirement fund, and performance bonuses.
• The role provides significant opportunities for career advancement and professional development within a leading insurance organization.
• This position is based in our Klerksdorp, North West office, offering a stable and dynamic work environment.
• Additional benefits include travel allowances and access to cutting-edge sales tools and resources.
• Join a team dedicated to innovation and client success.