Insurance Business Development Manager

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

Benefits offered by this job

Company car

Travel allowance

Medical insurance

Dental coverage

Vision coverage

International travel

Hybrid work culture

Job summary

Placements24 in Vereeniging is seeking an Insurance Business Development Manager to drive growth in the regional market. You will identify opportunities, forge partnerships, and expand market presence in the insurance sector through strategic plans and effective client engagement.

The role combines remote flexibility with essential in-person meetings, requiring strong negotiation, relationship-building, and industry knowledge. A relevant degree and proven BD experience in insurance are required.

Qualifications

• Proven track record in business development or strategic sales within the insurance industry.
• Extensive experience identifying and securing new business opportunities and partnerships.
• Strong understanding of the insurance market, products, and regulatory landscape.
• Excellent negotiation, communication, and presentation skills.

Responsibilities

• Develop and execute strategic plans to achieve sales targets and expand the customer base.
• Identify and pursue new business opportunities through market research and networking.
• Build and maintain strong relationships with stakeholders, brokers, and corporate clients.
• Negotiate and close significant business deals, ensuring profitable outcomes.
• Analyze market trends and competitor activities to inform strategies.
• Collaborate with underwriting, marketing, and sales teams to ensure seamless service delivery.

Skills

Business development

Strategic sales

Negotiation

Communication

Presentation skills

Education

Business Administration, Marketing, Finance degree

Job description

About the Role

Our client is seeking a dynamic and strategic Insurance Business Development Manager to drive growth in the Vereeniging region. This key role involves identifying new business opportunities, forging strategic partnerships, and expanding the company's market presence within the insurance sector. You will be responsible for developing and implementing effective business development strategies, managing key client relationships, and contributing to overall revenue growth. This position offers a significant opportunity for an experienced professional to shape and drive business expansion in a hybrid work model that combines remote flexibility with essential in-person client engagement and team collaboration in Vereeniging .

Key Responsibilities

• Develop and execute strategic plans to achieve sales targets and expand the customer base.
• Identify and pursue new business opportunities through market research and networking.
• Build and maintain strong relationships with key stakeholders, brokers, and corporate clients.
• Negotiate and close significant business deals, ensuring profitable outcomes.
• Analyze market trends and competitor activities to inform business development strategies.
• Collaborate with internal teams (underwriting, marketing, sales) to ensure seamless service delivery and client satisfaction.

Requirements

• Proven track record in business development or strategic sales within the insurance industry.
• Extensive experience in identifying and securing new business opportunities and partnerships.
• Strong understanding of the insurance market, products, and regulatory landscape.
• Excellent negotiation, communication, and presentation skills.
Ability to work effectively in a hybrid environment , managing both remote and in-office responsibilities.Relevant degree in Business Administration, Marketing, Finance, or a related field.

Benefits

• Highly competitive salary with generous performance-based bonuses and incentives.
• Comprehensive medical, dental, and vision coverage.
• Company car or travel allowance and fuel card.
• Opportunities for international travel and professional development.
• A dynamic and supportive hybrid work culture in Vereeniging .