Business Development Manager - Insurance

Placements24; LegKraal Gate; On-site; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Medical and dental benefits

Retirement benefits

Career progression opportunities

Job summary

Placements24 is seeking a dynamic Business Development Manager to drive growth in the South African insurance market, focusing on identifying new opportunities and expanding the company’s presence in Mahikeng.

You will develop and execute sales strategies, manage key relationships with brokers and partners, and lead negotiations to secure strategic partnerships and contracts. A proven track record in insurance sales and revenue growth is essential for success.

Qualifications

• Bachelor's degree in relevant field.
• Proven experience in business development or strategic sales in insurance.
• Track record of achieving sales targets and revenue growth.
• Strong networking, negotiation, and communication skills.

Responsibilities

• Identify and pursue new business opportunities in the insurance market.
• Build relationships with brokers, partners, and clients.
• Lead negotiations and finalize partnerships and sales contracts.
• Analyze market trends to identify strategic advantages.
• Collaborate with internal teams to deliver products to new clients.

Skills

Business development

Strategic sales

Networking

Negotiation

Communication

Insurance knowledge

Education

Bachelor's degree in Business Administration, Marketing, Finance, or related field

Job description

About the Role

Our client is seeking a dynamic and results-oriented Business Development Manager with expertise in the insurance sector to drive growth in Mahikeng. This role focuses on identifying new business opportunities, building strategic partnerships, and expanding the company's market presence. You will be responsible for developing and executing sales strategies, managing key relationships, and achieving ambitious growth targets. This is a pivotal role for an ambitious professional looking to make a significant impact in the evolving insurance market.

Key Responsibilities

• Develop and implement strategic plans to identify and pursue new business opportunities in the insurance market.
• Build and nurture strong relationships with brokers, partners, and potential clients.
• Lead negotiations and finalize partnership agreements and sales contracts.
• Analyze market trends and competitor activities to identify strategic advantages.
• Collaborate with internal teams to ensure seamless delivery of products and services to new clients.

Requirements

• Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Proven experience in business development or strategic sales, with a strong background in insurance.
• Demonstrated success in achieving sales targets and driving revenue growth.
• Excellent networking, negotiation, and communication skills.
• Strategic thinker with a deep understanding of the insurance landscape.

Benefits

• Highly competitive salary with an attractive commission and bonus structure.
• Comprehensive medical, dental, and retirement benefits.
• Significant opportunities for career advancement and leadership within the company.
• Access to extensive training and development resources.
• A challenging and rewarding role within a growing insurance organization.