Business Development Manager - Insurance Solutions

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

Job summary

Placements24 in Paarl, Western Cape, seeks an experienced Business Development Manager to drive growth in the insurance space. You will identify opportunities, forge strategic partnerships, and lead revenue growth for the company's diverse product offerings in the region.

The role blends strategy with relationship building through a hybrid model, combining remote work and on-site engagements to expand the market presence.

Qualifications

• Minimum 6 years of experience in business development or sales.

Responsibilities

• Develop and execute strategic business development plans to drive growth.
• Identify and cultivate relationships with brokers and corporate clients.
• Analyze market trends and competitor activities to spot new opportunities.
• Present and promote insurance products to prospective clients.
• Negotiate and close complex deals with mutually beneficial terms.
• Collaborate with underwriting, marketing, and product teams to tailor solutions.
• Maintain a robust sales pipeline with accurate forecasts.
• Represent the company at industry events and networking functions.
• Aim to achieve and exceed sales targets and KPIs.

Skills

Business development

Sales

Relationship building

Negotiation

Market analysis

Job description

About the Role

Our client, a dynamic and rapidly growing provider of innovative insurance solutions, is seeking an experienced Business Development Manager to spearhead growth initiatives in the Paarl, Western Cape region. This role is crucial for identifying new market opportunities, forging strategic partnerships, and driving revenue growth for the company's diverse product offerings. The position operates on a hybrid model, requiring a blend of strategic planning and relationship building both remotely and through on-site engagements within the territory. If you are a driven sales professional with a proven ability to develop business and a deep understanding of the insurance market, this is an exciting opportunity to contribute to our client's success and shape the future of their market presence. We are looking for a proactive leader.

Key Responsibilities

• Develop and execute strategic business development plans to achieve company growth objectives.
• Identify and cultivate relationships with key stakeholders, brokers, and potential corporate clients.
• Analyze market trends, competitor activities, and customer needs to identify new business opportunities.
• Present and promote the company's insurance products and services effectively to prospective clients.
• Negotiate and close complex deals, ensuring mutually beneficial agreements.
• Collaborate with underwriting, marketing, and product development teams to tailor solutions for new markets.
• Manage and maintain a robust sales pipeline, ensuring accurate forecasting.
• Represent the company at industry events, conferences, and networking functions.
• Achieve and exceed defined sales targets and business development KPIs.

Requirements

• A minimum of 6 years of experience in business development, sales, or