Business Development Manager - Insurance Solutions

Placements24; Rustenburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive base salary

Uncapped commission

Car allowance

Travel expenses covered

Medical aid

Provident fund

Career progression

Training programs

Vibrant culture

Impact on growth trajectory

Incentive programs

Job summary

Placements24 is seeking a proactive Business Development Manager to lead growth in Rustenburg, North West. The role focuses on identifying new corporate opportunities, forging partnerships, and expanding market presence in the insurance sector.

You will drive sales, meet revenue targets, and build a strong pipeline of clients. The ideal candidate has a proven track record in insurance sales, exceptional networking skills, and the ability to work independently across a broad territory.

Qualifications

• At least 6 years in business development or sales within insurance.
• Proven track record of meeting or exceeding sales targets.
• Extensive knowledge of the insurance market, products and services.
• Excellent networking, interpersonal and communication skills.
• Strong presentation and negotiation abilities.
• Experience identifying and capitalizing on new business opportunities.
• Proficient with CRM and sales management tools.
• Bachelor's degree in Business, Marketing, Finance or related field.
• Ability to work independently and manage a broad territory.
• Strategic thinking and problem-solving capabilities.

Responsibilities

• Develop and execute strategic business development plans to achieve company objectives.
• Identify and pursue new sales opportunities within commercial and corporate insurance markets.
• Build and maintain strong relationships with brokers, industry leaders, and potential clients.
• Conduct market research to identify emerging trends and opportunities for new product development.
• Prepare and deliver compelling presentations and proposals to prospective clients.
• Negotiate and close deals, ensuring mutually beneficial agreements.
• Collaborate with marketing teams to develop effective lead generation strategies.
• Represent the company at industry events, conferences, and networking functions.
• Monitor sales performance and provide regular reports on progress and pipeline status.
• Contribute to overall business strategy and expansion efforts.

Skills

Networking

Sales

CRM software

Negotiation

Presentations

Market research

Education

Bachelor's degree in Business/Marketing/Finance

Tools

CRM software

Sales management tools

Job description

About the Role

Our client, a rapidly expanding insurance provider, is seeking a proactive and results-driven Business Development Manager to spearhead growth initiatives in Rustenburg, North West . This exciting role focuses on identifying new business opportunities, forging strategic partnerships, and expanding our client's market presence within the insurance sector. You will be instrumental in driving sales, achieving revenue targets, and building a strong pipeline of corporate clients. The ideal candidate possesses exceptional networking abilities, a deep understanding of the insurance landscape, and a proven track record in sales and business development. This is a fantastic opportunity to take a leading role in shaping the future growth of a dynamic insurance company. We are looking for an ambitious individual who can identify market needs and translate them into successful business strategies.

Key Responsibilities

• Develop and execute strategic business development plans to achieve company objectives.
• Identify and pursue new sales opportunities within the commercial and corporate insurance markets.
• Build and maintain strong, long-lasting relationships with key stakeholders, including brokers, industry leaders, and potential clients.
• Conduct market research to identify emerging trends and opportunities for new product development.
• Prepare and deliver compelling presentations and proposals to prospective clients.
• Negotiate and close deals, ensuring mutually beneficial agreements.
• Collaborate with marketing teams to develop effective lead generation strategies.
• Represent the company at industry events, conferences, and networking functions.
• Monitor sales performance and provide regular reports on progress and pipeline status.
• Contribute to overall business strategy and expansion efforts.

Requirements

• A minimum of 6 years of experience in business development, sales, or a related role within the insurance industry.
• Proven track record of meeting or exceeding sales targets.
• Extensive knowledge of the insurance market, products, and services.
• Exceptional networking, interpersonal, and communication skills.
• Strong presentation and negotiation abilities.
• Demonstrated ability to identify and capitalize on new business opportunities.
• Proficiency in CRM software and sales management tools.
• A Bachelor's degree in Business, Marketing, Finance, or a related field.
• Ability to work independently and manage a broad territory.
• Strategic thinking and problem-solving capabilities.

Benefits

• Highly competitive base salary plus uncapped commission structure.
• Attractive car allowance and travel expenses covered.
• Comprehensive medical aid and provident fund.
• Significant opportunities for career progression.
• Access to ongoing professional development and training programs.
• A vibrant and supportive company culture.
• The chance to make a significant impact on the company's growth trajectory.
• Incentive programs and performance recognition awards.