Insurance Business Development Manager

Placements24; Gqeberha; Hybrid; ZAR 480,000 - 900,000; Full time

Benefits offered by this job

Base salary + uncapped commission

Incentives & bonuses

Medical aid & retirement

Company car or travel allowance

Sales training & development

Supportive leadership

Growth opportunities

Generous annual leave

Job summary

Placements24 is seeking an experienced Insurance Business Development Manager for Port Elizabeth to drive revenue growth through strategic partnerships and new business acquisition. You will engage brokers and intermediaries, tailor insurance solutions, and expand our footprint in the Eastern Cape and Port Elizabeth markets.

The ideal candidate has 5+ years in insurance sales or business development, a proven track record of meeting quotas, and strong negotiation and presentation skills.

Qualifications

• A Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Minimum of 5 years of proven experience in sales or business development, preferably within the insurance industry.
• Demonstrated ability to meet and exceed sales quotas.
• Excellent understanding of insurance products and services.
• Strong negotiation, communication, and presentation skills.
• Ability to build and maintain strong client relationships.
• Proficiency in CRM software and MS Office Suite.
• A valid driver's licence and willingness to travel within the Eastern Cape.

Responsibilities

• Develop and execute strategic sales plans to achieve revenue and growth targets.
• Identify and pursue new business opportunities within the insurance sector.
• Build and maintain strong relationships with clients, brokers, and partners.
• Understand client needs and offer appropriate insurance products and solutions.
• Prepare and deliver compelling proposals and presentations to prospective clients.
• Negotiate contracts and close business deals to drive revenue growth.
• Collaborate with marketing to develop lead generation strategies.
• Stay informed about market trends and industry developments.
• Provide market feedback to product development and underwriting teams.
• Achieve and exceed individual sales targets and contribute to team goals.

Skills

Sales

Negotiation

Communication

Presentation

Relationship building

CRM

MS Office

Travel

Education

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

Tools

CRM software

MS Office Suite

Job description

About the Role

Our client, a dynamic and growing insurance firm, is actively seeking a results-oriented Insurance Business Development Manager to join their team in Port Elizabeth. This role is central to expanding our client's market presence and driving revenue growth through strategic partnerships and new business acquisition. You will be responsible for identifying potential clients, building strong relationships with brokers and intermediaries, and developing tailored insurance solutions to meet diverse business needs. The ideal candidate will possess a proven track record in sales and business development within the financial services sector, coupled with a deep understanding of the insurance market in Eastern Cape. This is a fantastic opportunity to contribute to the success of a leading organization in the thriving Port Elizabeth business community.

Key Responsibilities

• Develop and execute strategic sales plans to achieve company revenue and growth targets.
• Identify and pursue new business opportunities within the insurance sector.
• Build and maintain strong, long-lasting relationships with key clients, brokers, and strategic partners.
• Understand client needs and offer appropriate insurance products and solutions.
• Prepare and deliver compelling proposals and presentations to prospective clients.
• Negotiate contracts and close business deals to drive revenue growth.
• Collaborate with marketing teams to develop effective lead generation strategies.
• Stay informed about market trends, competitor activities, and industry developments.
• Provide market feedback to product development and underwriting teams.
• Achieve and exceed individual sales targets and contribute to team goals.

Requirements

• A Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
• Minimum of 5 years of proven experience in sales or business development, preferably within the insurance industry.
• Demonstrated ability to meet and exceed sales quotas.
• Excellent understanding of insurance products and services.
• Strong negotiation, communication, and presentation skills.
• Ability to build and maintain strong client relationships.
• Proficiency in CRM software and MS Office Suite.
• A valid driver's license and willingness to travel within the Eastern Cape region.
• Experience in the Port Elizabeth market is highly advantageous.
• Self-motivated with a proactive approach to business development.

Benefits

• Attractive base salary plus uncapped commission structure.
• Performance incentives and bonus opportunities.
• Comprehensive medical aid and retirement fund benefits.
• Company car or travel allowance.
• Extensive sales training and professional development opportunities.
• Supportive team environment and access to senior leadership.
• Opportunity to grow with a reputable insurance provider in Port Elizabeth.
• Generous annual leave allowance.