Insurance Business Development Manager

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

Benefits offered by this job

Hybrid work model

Executive health benefits

Retirement planning

Travel opportunities

Equity options

Job summary

Placements24 is seeking an Insurance Business Development Manager for a leading financial services group in Sandton. This senior role focuses on identifying new business opportunities, forging strategic partnerships, and expanding market share in the insurance sector.

You will collaborate with sales, marketing, and product teams to drive revenue growth, negotiate contracts, and represent the company at industry events.

Qualifications

• Minimum 8 years in business development, sales management, or related strategic role in financial services or insurance.
• Proven track record of developing and implementing growth strategies.
• Strong understanding of the insurance market, products, and regulatory environment.
• Excellent negotiation, communication, and presentation skills.
• Demonstrated ability to build and maintain stakeholder relationships.
• Degree in business, finance, or marketing preferred.

Responsibilities

• Develop and execute strategic plans to drive insurance sales and growth.
• Cultivate and manage relationships with partners, brokers, and corporate clients.
• Analyze market trends and customer needs to identify new opportunities.
• Lead negotiations for new business contracts and partnerships.
• Collaborate with internal teams to deliver products to new clients.
• Represent the company at industry events and networking functions.

Skills

Negotiation

Communication

Presentation skills

Relationship management

Strategic planning

Stakeholder management

Education

Business/Finance/Marketing degree

Job description

About the Role

Our client, a leading financial services group with a strong presence in the insurance market, is seeking a results-driven Insurance Business Development Manager to lead strategic growth initiatives in Sandton . This senior role focuses on identifying new business opportunities, forging strategic partnerships, and expanding market share within the competitive insurance landscape. You will work closely with sales, marketing, and product development teams to drive revenue growth and enhance the company's market position. This is a prime opportunity for a seasoned professional to shape the future of a significant business in one of Africa's premier financial districts.

Key Responsibilities

• Develop and execute strategic plans to achieve sales and growth objectives in the insurance sector.
• Identify, cultivate, and manage relationships with key partners, brokers, and corporate clients.
• Analyze market trends, competitive activities, and customer needs to identify new product and service opportunities.
• Lead negotiations for new business contracts and partnerships, ensuring favorable terms.
• Collaborate with internal teams to ensure seamless delivery of products and services to new clients.
• Represent the company at industry events, conferences, and networking functions.

Requirements

• Minimum of 8 years of experience in business development, sales management, or a related strategic role within the financial services or insurance industry .
• Proven track record of successfully developing and implementing growth strategies.
• Strong understanding of the insurance market, products, and regulatory environment.
• Excellent negotiation, communication, and presentation skills.
• Demonstrated ability to build and maintain strong stakeholder relationships.
• A relevant degree in business, finance, or marketing is preferred.

Benefits

• Highly attractive base salary, significant performance bonuses, and equity options.
• Hybrid work model providing flexibility and access to state-of-the-art facilities.
• Comprehensive executive health benefits and retirement planning.
• Opportunities for international travel and professional networking.
• A dynamic and high-impact role in the vibrant business center of Sandton .