About the Role
Our client is seeking a strategic and proactive Insurance Business Development Manager to drive growth initiatives within the Benoni, Gauteng region. This role focuses on identifying new market opportunities, building and nurturing relationships with key partners (brokers, agents, corporate clients), and expanding the company's reach and market share in the insurance sector. The successful candidate will develop and execute robust business development strategies, analyze market trends, and collaborate with internal teams to deliver innovative insurance solutions. This position involves a hybrid work arrangement, offering flexibility while requiring regular engagement within the Benoni area and surrounding territories.
Key Responsibilities
- Develop and implement comprehensive business development strategies to achieve sales targets and expand market presence.
- Identify and prospect for new business opportunities and potential clients within the insurance market.
- Build and maintain strong, long-lasting relationships with brokers, agents, and corporate clients.
- Understand client needs and develop tailored insurance solutions that meet their requirements.
- Analyze market trends, competitor activities, and customer feedback to identify growth opportunities.
- Collaborate with underwriting, marketing, and product development teams to enhance service offerings.
- Prepare and deliver compelling presentations and proposals to prospective clients and partners.
- Negotiate terms and contracts to secure profitable business relationships.
- Monitor sales performance and provide regular reports to senior management.
Requirements
- Proven track record in business development, sales, or account management within the insurance industry.
- Strong understanding of insurance products, markets, and distribution channels.
- Excellent networking, relationship-building, and negotiation skills.
- Strategic thinker with strong analytical and problem-solving capabilities.
- Proficiency in CRM software and presentation tools.
- Ability to travel as required within the designated territory.
- A relevant degree in Business, Marketing, Finance, or a related field is preferred.
- Must be based in or willing to relocate to the Benoni area, with a valid driver's license.
Benefits
- A highly attractive annual salary of ZAR , complemented by performance-based incentives and bonuses.
- Hybrid work model that balances office and remote flexibility.
- Company car and fuel allowance.
- Comprehensive medical aid and provident fund membership.
- Opportunities for career progression and leadership development.
- Exposure to diverse client segments and innovative insurance products.
- A dynamic and results-oriented work environment.